First American Financial
First American Financial Corporation, commonly known as First American, is a leading provider of title insurance and settlement services, headquartered in the United States. Founded in 1889, the company has established a strong presence across major operational regions, including California, Texas, and Florida. With a focus on real estate transactions, First American offers a comprehensive range of products and services, including title insurance, escrow services, and property data solutions. What sets them apart is their commitment to innovation and customer service, ensuring seamless transactions for buyers and sellers alike. As a prominent player in the title insurance industry, First American has achieved significant milestones, including being listed on the Fortune 500. Their dedication to quality and reliability has solidified their market position, making them a trusted partner in real estate transactions nationwide.
DitchCarbon Score
How does First American Financial'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 Services Auxiliary to 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
First American Financial's score of 40 is higher than 85% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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First American Financial's reported carbon emissions
In 2023, First American Financial reported total carbon emissions of approximately 36,802,000 kg CO2e. This figure includes emissions from various scopes: Scope 1 emissions were about 1,015,000 kg CO2e, primarily from mobile combustion. Scope 2 emissions, which encompass purchased electricity, accounted for approximately 19,830,000 kg CO2e. Additionally, Scope 3 emissions, which include business travel and employee commuting, totalled around 15,670,000 kg CO2e. Over the past few years, First American Financial has shown a trend in emissions reduction. For instance, in 2022, total emissions were about 36,000,000 kg CO2e, indicating a slight increase in 2023. However, when comparing 2021's emissions of approximately 37,000,000 kg CO2e, there is a notable reduction in emissions over the two-year period. Despite these figures, First American Financial has not publicly committed to specific reduction targets or initiatives, such as those outlined by the Science Based Targets initiative (SBTi). The absence of documented reduction targets suggests that while the company is aware of its emissions, it may not have formalised strategies for significant reductions in the near future. Overall, First American Financial's emissions profile reflects its operational impact, with a clear need for enhanced climate commitments to align with industry standards and expectations.
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| 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|
| Scope 1 | 432,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 2 | 3,737,000 | 0,000,000 | 0,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | 83,000 | - | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
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.
First American Financial 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.
