First American Financial Corp
First American Financial's GHG Emissions Data Preview
In 2024, 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) | 2024 | 2023 | 2022 | 2021 - 2017 |
|---|---|---|---|---|
Total Scope 1 | 0000000 | Copy/Paste is a PRO feature.  a | Copy/Paste is a PRO feature.  b | 0000000 |
Total Scope 2 | ||||
Market-Based | Copy/Paste is a PRO feature.  a | 0000000 | Copy/Paste is a PRO feature.  | 0000000 |
Location-Based | Copy/Paste is a PRO feature.  a | 0000000 | Copy/Paste is a PRO feature.  b | 0000000 |
Unspecified Calculation Method | Copy/Paste is a PRO feature. | 0000000 | Copy/Paste is a PRO feature. | 0000000 |
Total Scope 3 | Copy/Paste is a PRO feature.  a | Copy/Paste is a PRO feature.  a | 0000000 | 0000000 |
Total Scope 1 Revenue Intensity (tCO2e/$M) | 0000000 | Copy/Paste is a PRO feature.  a | Copy/Paste is a PRO feature.  b | 0000000 |
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aVerified Sources Behind First American Financial’s Greenhouse Gas (GHG) Emissions Data
Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform. Explore First American Financial’s data sources below and access millions more through our Disclosure Search.
Insights into First American Financial's Operational Emissions
In 2024, the total operational greenhouse gas (GHG) emissions of First American Financial amounted to 20,463 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 2023, the total operational greenhouse gas (GHG) emissions of First American Financial decreased by 1.83%, 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 2024, the total Scope 1 emissions of First American Financial were 4,193 metric tons of CO₂ equivalent (tCO₂e).a
Has First American Financial reduced its Scope 1 emissions over time?
Since 2019, First American Financial's Scope 1 emissions have increased by 146.07%, reflecting a rising long-term trend in Scope 1 emissions over time.ac
Compared to the previous year (2023), First American Financial's Scope 1 emissions increased by 313.1%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.a
What are First American Financial's Scope 2 emissions?
In 2024, First American Financial reported Scope 2 greenhouse gas (GHG) emissions of 18,250 tCO₂e using the market-based method and 16,270 tCO₂e using the location-based method.a
Has First American Financial reduced its Scope 2 emissions over time?
Compared to the previous year (2023), First American Financial's Scope 2 emissions (Location-Based) fell by 17.95% in 2024, showing that the company has made progress in taking action to reduce the climate impact of its energy consumption.a
What methodology does First American Financial use for Scope 2 reporting?
In 2024, 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 2024, First American Financial reported 15,617 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 2024 disclosure of First American Financial includes a breakdown across 4 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2023, demonstrating consistent Scope 3 emissions reporting coverage year over year.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 2024, First American Financial reported total Scope 3 emissions of 15,617 metric tons of CO₂ equivalent (tCO₂e).a
Approximately 95.04% of these emissions originated from upstream activities such as purchased goods and capital goods, while 4.96% 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 2019, First American Financial's Scope 3 emissions have increased by 535.1%, reflecting a rising long-term trend in Scope 3 emissions over time.ac
Compared to the previous year (2023), 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 2024, 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 2024, the largest contributors to First American Financial's Scope 3 emissions were:a
- Employee Commuting (Cat. 7): 12,244 tCO₂e (78.4%)
- Business Travel (Cat. 6): 1,721 tCO₂e (11.02%)
- Waste Generated in Operations (Cat. 5): 878 tCO₂e (5.62%)
First American Financial's Scope 3 Emissions by Categories
Insights into First American Financial’s GHG Emissions Intensity Compared to Industry Peers
In 2024, First American Financial reported Scope 1 greenhouse gas (GHG) emissions of 4,193 tCO₂e and total revenues of USD 6,120 millions. This translates into an emissions intensity of 0.69 tCO₂e per millions USD.a
First American Financial's Scope 1 Emissions Intensity Compared to Peers
How does First American Financial's GHG emissions intensity compare to its peers?
In 2024, First American Financial reported a Scope 1 emissions intensity of 0.69 tCO₂e per millions USD. Compared to the peer group median of 0.28, this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors.a
Where does First American Financial rank on GHG emissions intensity within its industry?
In 2024, First American Financial ranked 16 out of 21 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD).a
First American Financial is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency.a
Insights into First American Financial's Total Carbon Footprint
In 2024, First American Financial reported a total carbon footprint of 36,080 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 0.59% increase compared to 2023, suggesting a rise in emissions across its operations or value chain.a
The largest contributor to First American Financial's total carbon footprint was Scope 2 emissions, accounting for 45.09% of the company's total carbon footprint, followed by Scope 3 emissions at 43.28%.a