First American Financial Corp
First American Financial's GHG Emissions Data Preview
In 2023, First American Financial completed a corporate carbon footprint assessment and publicly disclosed its greenhouse gas (GHG) emissions according to the GHG Protocol, covering Scope 1 (direct emissions from owned or controlled sources), Scope 2 (indirect emissions from purchased energy) and Scope 3 (indirect emissions across the value chain).
First American Financial has also provided a category-level breakdown for 4 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.
| Metric (tCO2e) | 2023 | 2022 | 2021 | 2020 - 2017 |
|---|---|---|---|---|
Total Scope 1 | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  b | 0000000 |
Total Scope 2 | ||||
Market-Based | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data. | 0000000 |
Location-Based | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  b | 0000000 |
Unspecified Calculation Method | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Scope 3 | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  b | 0000000 |
Total Scope 1 Revenue Intensity (tCO2e/$M) | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  b | 0000000 |
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Verified Sources Behind First American Financial’s Greenhouse Gas (GHG) Emissions Data
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Insights into First American Financial's Operational Emissions
In 2023, the total operational greenhouse gas (GHG) emissions of First American Financial amounted to 20,845 metric tons of CO2 equivalent. This figure includes both direct emissions from owned or controlled sources (Scope 1) and indirect emissions from purchased energy (Scope 2). a
Compared to 2022, the total operational greenhouse gas (GHG) emissions of First American Financial decreased by 9.02%, showing that the company has made progress in taking action to reduce the climate impact of its operations. a
First American Financial's Scope 1 Emissions Over Time
- Total Scope 1
- Year-over-Year Change
What are First American Financial's Scope 1 emissions?
In 2023, the total Scope 1 emissions of First American Financial were 1,015 metric tons of CO₂ equivalent (tCO₂e). a
Has First American Financial reduced its Scope 1 emissions over time?
Since 2018, First American Financial's Scope 1 emissions have increased by 134.95%, reflecting a rising long-term trend in Scope 1 emissions over time. a c
Compared to the previous year (2022), First American Financial's Scope 1 emissions decreased by 9.29%, highlighting the company's efforts to lower direct emissions from assets it owns or controls. a
What are First American Financial's Scope 2 emissions?
In 2023, First American Financial reported Scope 2 greenhouse gas (GHG) emissions of 20,764 tCO₂e using the market-based method and 19,830 tCO₂e using the location-based method. a
Has First American Financial reduced its Scope 2 emissions over time?
Compared to the previous year (2022), First American Financial's Scope 2 emissions (Location-Based) have remained relatively stable, indicating that First American Financial 's emissions have plateaued with no significant change in its energy consumption footprint. a
What methodology does First American Financial use for Scope 2 reporting?
In 2023, First American Financial reported its Scope 2 emissions using the market-based method and using the location-based method. a
First American Financial's Scope 2 Emissions Over Time
- Total Scope 2 Location-Based
- Total Scope 2 Market-Based
- Total Scope 2 (Unspecified Calculation Method)
Insights into First American Financial's Value Chain Emissions
In 2023, First American Financial reported 15,023 metric tons of CO₂ equivalent (tCO₂e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain. a
The 2023 disclosure of First American Financial includes a breakdown across 4 of the 15 Scope 3 categories defined by the GHG Protocol, up from 3 in 2022, reflecting improved emissions accounting practices and greater transparency across the company's value chain a
First American Financial's Scope 3 Emissions Over Time
- Total Scope 3
- Year-over-Year Change
What are First American Financial's Scope 3 emissions?
In 2023, First American Financial reported total Scope 3 emissions of 15,023 metric tons of CO₂ equivalent (tCO₂e). a
Approximately 97.31% of these emissions originated from upstream activities such as purchased goods and capital goods, while 2.69% came from downstream activities like product use, distribution, and end-of-life treatment. a
Has First American Financial reduced its Scope 3 emissions over time?
Since 2018, First American Financial's Scope 3 emissions have increased by 18,000%, reflecting a rising long-term trend in Scope 3 emissions over time. a c
Compared to the previous year (2022), First American Financial's Scope 3 emissions remained relatively stable, indicating that First American Financial 's emissions have plateaued with no significant change in its value chain footprint. a
What categories of Scope 3 emissions does First American Financial disclose?
In 2023, First American Financial reported emissions for 4 out of the 15 Scope 3 categories defined by the GHG Protocol. a
The limited disclosure restricts visibility into specific emission sources across the company's value chain.
What are the main sources of First American Financial's Scope 3 emissions?
In 2023, the largest contributors to First American Financial's Scope 3 emissions were: a
- Employee Commuting (Cat. 7): 12,123 tCO₂e (80.7%)
- Business Travel (Cat. 6): 1,567 tCO₂e (10.43%)
- Waste Generated in Operations (Cat. 5): 929 tCO₂e (6.18%)
First American Financial's Scope 3 Emissions by Categories
Insights into First American Financial's Total Carbon Footprint
In 2023, First American Financial reported a total carbon footprint of 35,868 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 3.12% decrease compared to 2022, indicating progress in reducing its overall greenhouse gas output. a
The largest contributor to First American Financial's total carbon footprint was Scope 2 emissions, accounting for 55.29% of the company's total carbon footprint, followed by Scope 3 emissions at 41.88%. a