First Horizon Corp

Common Name
First Horizon
Country
United States
Sector
Financial Services
Industry
Banks - Regional
Employees
7,300
Ticker
FHN
Exchange
NEW YORK STOCK EXCHANGE, INC.
Description
First Horizon Corporation is a prominent financial services holding company. Its primary function is to provide a comprehensive array of financial products and services designed to meet the needs of i...

First Horizon's GHG Emissions Data Preview

In 2024, First Horizon 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) and Scope 2 (indirect emissions from purchased energy).

However, First Horizon has not published a category-level breakdown of its Scope 3 emissions, limiting visibility into specific value chain sources.

Metric (tCO2e)2024202320222021 - 2017
Total Scope 1
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Total Scope 2
Location-Based
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Total Scope 3
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Total Scope 1 Revenue Intensity (tCO2e/$M)
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Verified Sources Behind First Horizon’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 Horizon’s data sources below and access millions more through our Disclosure Search.

a. First Horizon's Impact Report 2024
a. First Horizon's Impact Report 2024

Insights into First Horizon's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions of First Horizon amounted to 30,542 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 Horizon decreased by 2.07%, showing that the company has made progress in taking action to reduce the climate impact of its operations. a

First Horizon's Scope 1 Emissions Over Time

20192020202120222023202402 k4 k6 k8 ktCO2e-19%+19%-25%-25%-10%
  • Total Scope 1
  • Year-over-Year Change

What are First Horizon's Scope 1 emissions?

In 2024, the total Scope 1 emissions of First Horizon were 3,710 metric tons of CO₂ equivalent (tCO₂e). a

Has First Horizon reduced its Scope 1 emissions over time?

Since 2019, First Horizon's Scope 1 emissions have decreased by 51.57%, reflecting a declining long-term trend in Scope 1 emissions over time. a

Compared to the previous year (2023), First Horizon's Scope 1 emissions decreased by 9.62%, highlighting the company's efforts to lower direct emissions from assets it owns or controls. a

What are First Horizon's Scope 2 emissions?

In 2024, First Horizon reported Scope 2 greenhouse gas (GHG) emissions of 26,832 tCO₂e using the location-based method. a

Has First Horizon reduced its Scope 2 emissions over time?

Since 2019, First Horizon's Scope 2 greenhouse gas (GHG) emissions ( Location-Based) have decreased by 38.51%, reflecting a declining long-term trend in Scope 2 emissions over time. a

Compared to the previous year (2023), First Horizon's Scope 2 emissions (Location-Based) have remained relatively stable, indicating that First Horizon 's emissions have plateaued with no significant change in its energy consumption footprint. a

What methodology does First Horizon use for Scope 2 reporting?

In 2024, First Horizon reported its Scope 2 emissions using the location-based method. a

First Horizon's Scope 2 Emissions Over Time

201920202021202220232024015 k30 k45 k60 ktCO2e
  • Total Scope 2 Location-Based

Insights into First Horizon’s GHG Emissions Intensity Compared to Industry Peers

In 2024, First Horizon reported Scope 1 greenhouse gas (GHG) emissions of 3,710 tCO₂e and total revenues of USD 3,096 millions. This translates into an emissions intensity of 1.2 tCO₂e per millions USD. a

First Horizon's Scope 1 Emissions Intensity Compared to Peers

202002,00010,000100,000Scope 1 Emissions (tCO2e)1005002,00010,00050,000Revenues (Millions of USD)Columbia Banking SystemYear: 2023Scope 1: 5,573 tCO2eRevenue: $M 1,997Scope 1 Intensity: 2.79 tCO2e/$MHuntington BancsharesYear: 2023Scope 1: 16,331 tCO2eRevenue: $M 7,360Scope 1 Intensity: 2.22 tCO2e/$MM&T BankYear: 2023Scope 1: 17,124 tCO2eRevenue: $M 9,398Scope 1 Intensity: 1.82 tCO2e/$MAssociated Banc-CorpYear: 2023Scope 1: 4,081 tCO2eRevenue: $M 1,097Scope 1 Intensity: 3.72 tCO2e/$MSynovus FinancialYear: 2024Scope 1: 3,240 tCO2eRevenue: $M 1,980Scope 1 Intensity: 1.64 tCO2e/$MUS BancorpYear: 2022Scope 1: 38,206 tCO2eRevenue: $M 24,184Scope 1 Intensity: 1.58 tCO2e/$MUnited BanksharesYear: 2022Scope 1: 2,838 tCO2eRevenue: $M 1,040Scope 1 Intensity: 2.73 tCO2e/$MBancorpYear: 2023Scope 1: 304 tCO2eRevenue: $M 466Scope 1 Intensity: 0.65 tCO2e/$MKeyCorpYear: 2024Scope 1: 9,236 tCO2eRevenue: $M 4,393Scope 1 Intensity: 2.10 tCO2e/$MComericaYear: 2024Scope 1: 5,391 tCO2eRevenue: $M 3,244Scope 1 Intensity: 1.66 tCO2e/$MWintrust FinancialYear: 2024Scope 1: 2,900 tCO2eRevenue: $M 2,451Scope 1 Intensity: 1.18 tCO2e/$MCitizens Financial GroupYear: 2023Scope 1: 8,765 tCO2eRevenue: $M 8,224Scope 1 Intensity: 1.07 tCO2e/$MTruist FinancialYear: 2024Scope 1: 13,382 tCO2eRevenue: $M 13,278Scope 1 Intensity: 1.01 tCO2e/$MAmalgamated FinancialYear: 2023Scope 1: 72 tCO2eRevenue: $M 286Scope 1 Intensity: 0.25 tCO2e/$MWebster FinancialYear: 2024Scope 1: 3,846 tCO2eRevenue: $M 2,579Scope 1 Intensity: 1.49 tCO2e/$MZions BancorporationYear: 2023Scope 1: 1,689 tCO2eRevenue: $M 3,115Scope 1 Intensity: 0.54 tCO2e/$MRegions FinancialYear: 2023Scope 1: 6,027 tCO2eRevenue: $M 7,574Scope 1 Intensity: 0.80 tCO2e/$MFifth Third BancorpYear: 2024Scope 1: 9,449 tCO2eRevenue: $M 8,253Scope 1 Intensity: 1.14 tCO2e/$MPacific Premier BancorpYear: 2023Scope 1: 514 tCO2eRevenue: $M 409Scope 1 Intensity: 1.26 tCO2e/$MFirst Republic BankYear: 2021Scope 1: 3,000 tCO2eRevenue: $M 4,960Scope 1 Intensity: 0.60 tCO2e/$MFlagstar FinancialYear: 2023Scope 1: 4,136 tCO2eRevenue: $M 3,633Scope 1 Intensity: 1.14 tCO2e/$MHancock WhitneyYear: 2023Scope 1: 1,338 tCO2eRevenue: $M 1,367Scope 1 Intensity: 0.98 tCO2e/$MPNC Financial Services GroupYear: 2022Scope 1: 32,100 tCO2eRevenue: $M 21,114Scope 1 Intensity: 1.52 tCO2e/$MFirst HorizonYear: 2024Scope 1: 3,710 tCO2eRevenue: $M 3,096Scope 1 Intensity: 1.20 tCO2e/$M

How does First Horizon's GHG emissions intensity compare to its peers?

In 2024, First Horizon reported a Scope 1 emissions intensity of 1.2 tCO₂e per millions USD. Compared to the peer group median of 1.26 , this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors. a

Where does First Horizon rank on GHG emissions intensity within its industry?

In 2024, First Horizon ranked 12 out of 23 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a

First Horizon is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency. a

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