BayFirst Financial, also known as BayFirst National Bank, is a prominent financial institution headquartered in the United States. Established in 1999, the company has made significant strides in the banking sector, particularly in the realms of commercial and residential lending. With a strong presence in key operational regions, BayFirst Financial has built a reputation for its customer-centric approach and innovative financial solutions. The bank offers a diverse range of services, including mortgage lending, commercial loans, and treasury management, distinguished by its commitment to personalised service and community engagement. Over the years, BayFirst has achieved notable milestones, positioning itself as a trusted partner for individuals and businesses alike. With a focus on integrity and excellence, BayFirst Financial continues to thrive in the competitive landscape of the financial industry.
How does Bayfirst Financial'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.
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.
Bayfirst Financial's score of 27 is higher than 52% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2022, Bayfirst Financial reported total carbon emissions of approximately 378,700 kg CO2e, which includes 14,700 kg CO2e from Scope 1 and 364,000 kg CO2e from Scope 2 emissions. This reflects a slight increase from 2021, when the company recorded total emissions of about 273,100 kg CO2e, comprising 11,800 kg CO2e from Scope 1 and approximately 255,300 kg CO2e from Scope 2. Bayfirst Financial has not disclosed any Scope 3 emissions data, indicating a potential area for future reporting and improvement. The company has not set specific reduction targets or initiatives, nor does it participate in recognised climate pledges such as the Science Based Targets initiative (SBTi). The emissions data is sourced directly from Bayfirst Financial Corp., with no cascading from a parent or related organisation. The company’s emissions per employee were reported at about 1,270 kg CO2e in 2022, down from approximately 3,470 kg CO2e in 2021, suggesting a potential improvement in operational efficiency relative to its workforce. As Bayfirst Financial continues to assess its climate impact, future commitments and targets may enhance its sustainability profile within the financial services sector.
Access structured emissions data, company-specific emission factors, and source documents
2021 | 2022 | |
---|---|---|
Scope 1 | 11,800 | 00,000 |
Scope 2 | 256,100 | 000,000 |
Scope 3 | - | - |
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Bayfirst Financial is not participating in any of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.