First Horizon Bank
Your bank falls short in climate responsibility.
First Horizon Bank offers banking products and services to personal, small business, and commercial customers nationwide. The bank provides lending for the development of existing oil and gas reserves and for acquisition of new reserves (source).
Last reviewed:
We see no evidence of it providing funding to renewable energy projects. The bank has not measured the greenhouse gas impact of its lending, has not set any climate targets and does not have a policy stating it will not lend to the fossil fuel sector.
If they engage in energy financing, they are likely to lend far more to fossil fuels than renewable sources. They may have limited or no effective policies to improve their climate impact and may lack meaningful targets for reducing the emissions they are responsible for.
While they might show some engagement in sustainable practices or offer certain green lending products, these efforts are insufficiently developed or prominently displayed to make a significant impact.
Your bank may be ignoring the Paris Agreement.
The Paris Agreement set the goal to stay under 1.5°C of warming for very good reasons. According to the Intergovernmental Panel on Climate Change, an increase of just a couple of degrees more could lead to "substantial species extinction, large risks to global and regional food security", and an inability to work outside — or even live — in some areas of the world. Our world will become unrecognizable as ocean dead zones, floods, and extreme weather fuel social and economic disruption.
Take Action Today
Every person who moves their money to a sustainable bank sends a powerful message. Join thousands of others in choosing to support a green future.
Find a Sustainable Bank