FBN Holdings Plc, a prominent player in Nigeria's financial services sector, is headquartered in Lagos, Nigeria (NG). Established in 1894, the company has evolved significantly, marking key milestones in its journey, including the expansion of its banking and non-banking services. FBN Holdings operates primarily in the banking, insurance, and investment sectors, offering a diverse range of products and services tailored to meet the needs of individuals and businesses alike. The company is renowned for its flagship product, First Bank of Nigeria, which stands out for its extensive network and customer-centric approach. With a strong market position, FBN Holdings has consistently been recognised for its innovative solutions and commitment to financial inclusion, making it a trusted name in the industry.
How does FBN Holdings 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.
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.
FBN Holdings Plc's score of 22 is lower than 79% of the industry. This can give you a sense of how well the company is doing compared to its peers.
FBN Holdings Plc, headquartered in Nigeria (NG), currently does not report any specific carbon emissions data, as indicated by the absence of emissions figures. Consequently, there are no recorded Scope 1, 2, or 3 emissions to analyse. Additionally, FBN Holdings has not established any documented reduction targets or climate pledges, which suggests a lack of formal commitments towards carbon neutrality or emissions reduction initiatives. The company does not inherit emissions data from any parent or related organizations, indicating that it operates independently in this regard. In the context of the broader industry, many financial institutions are increasingly adopting climate commitments and setting science-based targets to mitigate their environmental impact. However, without specific data or commitments from FBN Holdings Plc, it remains unclear how the company aligns with these industry trends.
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.
FBN Holdings 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.