Bayfirst Financial Sustainability Profile
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.
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
Bayfirst Financial's score of 21 is lower than 72% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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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 total emissions were 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 company does not appear to have cascaded emissions data from a parent organisation, indicating that all reported figures are directly from Bayfirst Financial Corp. The company’s emissions per employee were reported at about 1,270 kg CO2e in 2022, a decrease from approximately 3,470 kg CO2e in 2021, suggesting improvements in operational efficiency. Despite the lack of formal reduction targets, Bayfirst Financial's commitment to transparency in emissions reporting aligns with industry standards for corporate climate accountability.
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| 2021 | 2022 | |
|---|---|---|
| Scope 1 | 11,800 | 00,000 |
| Scope 2 | 256,100 | 000,000 |
| Scope 3 | - | - |
How Carbon Intensive is Bayfirst Financial's Industry?
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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.
