Community First Bank Sustainability Profile
Community First Bank, headquartered in the United States, has established itself as a prominent player in the banking industry since its founding in 2001. With a strong presence in several key operational regions, the bank focuses on providing personalised financial services to individuals and businesses alike. Specialising in core products such as personal and business banking, loans, and investment services, Community First Bank distinguishes itself through its commitment to community engagement and customer-centric solutions. The bank has achieved notable milestones, including recognition for its exceptional customer service and community involvement, solidifying its market position as a trusted financial partner. With a dedication to fostering local growth and economic development, Community First Bank continues to innovate and adapt, ensuring it meets the evolving needs of its clientele.
DitchCarbon Score
How does Community First Bank'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
Community First Bank'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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Community First Bank's reported carbon emissions
Community First Bank, headquartered in the US, currently does not have specific carbon emissions data available for the most recent year. The bank's climate commitments and reduction initiatives are not detailed, indicating a potential area for development in their sustainability strategy. However, it is important to note that Community First Bank's emissions data may be cascaded from its parent company, First Mid Bancshares, Inc., at a cascade level of 3. This means that any climate-related targets or emissions figures would be derived from the broader corporate family, which may have its own sustainability initiatives and reporting. As of now, Community First Bank has not established specific reduction targets or commitments under the Science Based Targets initiative (SBTi) or other recognised frameworks. The absence of documented reduction initiatives suggests that the bank may need to enhance its focus on climate action and transparency in emissions reporting. In summary, while Community First Bank is part of a larger corporate structure that may have sustainability measures in place, it currently lacks specific emissions data and defined climate commitments. This presents an opportunity for the bank to align with industry standards and improve its environmental impact.
How Carbon Intensive is Community First Bank's Industry?
How Carbon Intensive is Community First Bank's Location?
Community First Bank'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.
Community First Bank 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.
