1st Constitution Bancorp Sustainability Profile
1st Constitution Bancorp, a prominent financial institution headquartered in the United States, has been serving its community since its founding in 2000. With a strong presence in New Jersey and Pennsylvania, the bank operates within the banking and financial services industry, focusing on commercial and retail banking solutions. The company offers a range of core products, including personal and business banking services, loans, and investment options, distinguished by their commitment to customer service and community engagement. Over the years, 1st Constitution Bancorp has achieved significant milestones, solidifying its market position as a trusted provider of financial services. With a dedication to innovation and client satisfaction, the bank continues to thrive in a competitive landscape, making it a key player in the regional banking sector.
DitchCarbon Score
How does 1st Constitution Bancorp'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.
Industry Average
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.
Industry Benchmark
1st Constitution Bancorp's score of 25 is lower than 57% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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1st Constitution Bancorp, headquartered in the US, currently does not have specific carbon emissions data available for the most recent year. The organisation's climate commitments and reduction initiatives are not explicitly outlined, indicating a potential area for development in their sustainability strategy. However, it is important to note that 1st Constitution Bancorp's emissions data and performance metrics are cascaded from its parent company, Provident Financial Services, Inc., at a cascade level of 2. This means that any climate-related targets or emissions figures would be derived from the performance and initiatives of Provident Financial Services, Inc. As of now, there are no documented reduction targets or climate pledges from 1st Constitution Bancorp, which may reflect the broader industry context where many financial institutions are increasingly focusing on sustainability and carbon reduction strategies. The absence of specific emissions data and targets suggests that 1st Constitution Bancorp may need to enhance its climate commitments to align with industry standards and expectations.
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| 2020 | 2021 | 2022 | |
|---|---|---|---|
| Scope 1 | 408,000 | 000,000,000 | 000,000 |
| Scope 2 | 1,113,000 | - | 000,000 |
| Scope 3 | 2,986,000 | - | - |
How Carbon Intensive is 1st Constitution Bancorp's Industry?
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1st Constitution Bancorp's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
1st Constitution Bancorp has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
