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Public Profile
Financial Intermediation
US
updated 2 months ago

Bayfirst Financial Sustainability Profile

Company website

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.

DitchCarbon Score

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.

27

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.

32

Industry Benchmark

Bayfirst Financial's score of 27 is lower than 55% of the industry. This can give you a sense of how well the company is doing compared to its peers.

45%

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Bayfirst Financial's reported carbon emissions

In 2022, Bayfirst Financial reported total carbon emissions of approximately 378,700 kg CO2e, comprising 14,700 kg CO2e from Scope 1 and 364,000 kg CO2e from Scope 2 emissions. This reflects a notable increase from 2021, when the company recorded total emissions of about 267,100 kg CO2e, with Scope 1 emissions at 11,800 kg CO2e and Scope 2 emissions at approximately 255,300 kg CO2e. Bayfirst Financial has not disclosed any Scope 3 emissions data, nor have they set specific reduction targets or initiatives as part of their climate commitments. The absence of reduction targets suggests a need for further development in their sustainability strategy. The company’s emissions data is not cascaded from any parent organisation, indicating that these figures are independently reported by Bayfirst Financial Corp. As they continue to grow, establishing clear climate goals and reduction strategies will be essential for aligning with industry standards and addressing climate change effectively.

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20212022
Scope 1
11,800
00,000
Scope 2
256,100
000,000
Scope 3
-
-

How Carbon Intensive is Bayfirst Financial's Industry?

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Bayfirst Financial's primary industry is Financial Intermediation, which is very low in terms of carbon intensity compared to other industries.

How Carbon Intensive is Bayfirst Financial's Location?

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. This request for Bayfirst Financial is in US, which has a low grid carbon intensity relative to other regions.

Bayfirst Financial'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.

Bayfirst Financial 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

Compare Bayfirst Financial's Emissions with Industry Peers

Farm Credit Canada

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Services auxiliary to financial intermediation (67)
Updated 19 days ago

Old Point Financial Corporation

US
•
Financial intermediation services, except insurance and pension funding services (65)
Updated about 1 month ago

Chesapeake Financial Shares, Inc.

US
•
Financial intermediation services, except insurance and pension funding services (65)
Updated about 1 month ago

Primis Financial Corp.

US
•
Financial intermediation services, except insurance and pension funding services (65)
Updated about 1 month ago

Bank Of America

US
•
Financial intermediation services, except insurance and pension funding services (65)
Updated about 1 month ago

JPMorgan Chase & Co

US
•
Financial intermediation services, except insurance and pension funding services (65)
Updated 22 days ago

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Where does DitchCarbon data come from?

Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers

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