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 5 is lower than 60% 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, comprising 14,700 kg CO2e from Scope 1 and 364,000 kg CO2e from Scope 2 emissions. This marked an increase from 2021, when the company emitted about 267,900 kg CO2e, with 11,800 kg CO2e from Scope 1 and 256,100 kg CO2e from Scope 2. Despite the increase in emissions, Bayfirst Financial has not disclosed any specific reduction targets or initiatives aimed at decreasing their carbon footprint. The company’s emissions per employee were approximately 1,270 kg CO2e in 2022, a significant reduction from about 3,470 kg CO2e per employee in 2021, indicating improved efficiency in their operations. Bayfirst Financial's commitment to addressing climate change remains unclear, as there are no documented reduction targets or climate pledges available. The company operates within an industry increasingly focused on sustainability, and further transparency regarding their climate commitments would be beneficial for stakeholders.
Access structured emissions data, company-specific emission factors, and source documents
Add to project2021 | 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 committed to any reduction initiatives 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.