FCMB Group Plc
FCMB Group Plc, a prominent financial services provider headquartered in Nigeria, has established itself as a key player in the banking and investment sector since its inception in 1982. With a strong presence across major operational regions in Nigeria, the group offers a diverse range of services, including commercial banking, investment banking, and asset management. Renowned for its customer-centric approach, FCMB Group Plc delivers unique financial solutions tailored to meet the needs of individuals and businesses alike. The company has achieved significant milestones, including the expansion of its digital banking services, which enhance accessibility and convenience for its clients. As a result, FCMB Group Plc has solidified its market position, earning recognition for its innovative products and commitment to excellence in the financial industry.
DitchCarbon Score
How does FCMB Group Plc's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Financial Intermediation industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
FCMB Group Plc's score of 26 is lower than 52% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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FCMB Group Plc's reported carbon emissions
In 2022, FCMB Group Plc reported total carbon emissions of approximately 74,583,000 kg CO2e, comprising 72,542,000 kg CO2e from Scope 1 and 2,041,000 kg CO2e from Scope 2 (market-based). The company also disclosed Scope 3 emissions of about 900,977 kg CO2e. This represents a decrease from 2021, where total emissions were around 89,432,000 kg CO2e, with Scope 1 emissions at 78,108,000 kg CO2e and Scope 2 emissions (market-based) at 11,325,000 kg CO2e. FCMB Group Plc has not set specific reduction targets or initiatives as part of their climate commitments, indicating a potential area for future development in their sustainability strategy. The company is actively disclosing emissions data across all relevant scopes, which is a positive step towards transparency and accountability in their environmental impact.
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| 2020 | 2021 | 2022 | |
|---|---|---|---|
| Scope 1 | 72,025,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 11,850,000 | 00,000,000 | 0,000,000 |
| Scope 3 | - | - | 000,000 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
FCMB Group Plc is not participating in any of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
