First Horizon Bank, headquartered in the United States, is a prominent financial institution that has been serving customers since its founding in 1864. With a strong presence in the Southeastern region, the bank operates across several states, providing a range of banking and financial services. Specialising in personal banking, commercial banking, and wealth management, First Horizon Bank distinguishes itself through its commitment to customer service and innovative financial solutions. The bank has achieved significant milestones, including its merger with Capital Bank in 2017, which expanded its footprint and enhanced its service offerings. Recognised for its stability and customer-centric approach, First Horizon Bank continues to solidify its market position, making it a trusted choice for individuals and businesses seeking reliable banking solutions.
How does First Horizon Bank'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.
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.
First Horizon Bank's score of 33 is higher than 59% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, First Horizon Bank reported total carbon emissions of approximately 89,752,000 kg CO2e, comprising 20,501,000 kg CO2e from Scope 1 and 69,251,000 kg CO2e from Scope 2. This marks a reduction from 2022, where total emissions were about 102,661,000 kg CO2e, with Scope 1 emissions at 28,034,000 kg CO2e and Scope 2 emissions at 74,627,000 kg CO2e. Over the past few years, First Horizon Bank has demonstrated a commitment to reducing its carbon footprint. In 2021, the bank's total emissions were approximately 121,428,000 kg CO2e, indicating a significant decrease in emissions over the subsequent years. However, there are currently no disclosed targets for further reductions or specific climate pledges, which suggests a need for more defined strategies in addressing their climate impact. Overall, First Horizon Bank's emissions data reflects a positive trend towards lower carbon emissions, particularly in Scope 1 and Scope 2 categories, although the absence of comprehensive reduction targets highlights an area for potential improvement in their climate commitments.
Access structured emissions data, company-specific emission factors, and source documents
2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Scope 1 | 39,306,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
Scope 2 | 99,291,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
Scope 3 | - | - | - | - | - |
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 Horizon Bank 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.