Public Profile

First BanCorp

First BanCorp, also known as FirstBank, is a prominent financial institution headquartered in the United States, with a strong presence in Puerto Rico and the Virgin Islands. Founded in 1948, the bank has established itself as a key player in the banking industry, offering a diverse range of services including personal banking, commercial banking, and wealth management. With a commitment to customer service and community engagement, First BanCorp distinguishes itself through innovative financial solutions tailored to meet the unique needs of its clients. The bank has achieved significant milestones, including expansion into new markets and the introduction of cutting-edge digital banking services. Recognised for its stability and customer-centric approach, First BanCorp continues to solidify its market position as a trusted financial partner in the regions it serves.

DitchCarbon Score

How does First BanCorp'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.

17

Industry Average

Mean score of companies in the Services Auxiliary to 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.

27

Industry Benchmark

First BanCorp's score of 17 is lower than 88% of the industry. This can give you a sense of how well the company is doing compared to its peers.

12%

First BanCorp's reported carbon emissions

First BanCorp, headquartered in the US, currently does not have publicly available carbon emissions data or specific reduction targets outlined in their climate commitments. Without emissions figures, it is challenging to assess their performance in terms of Scope 1, 2, or 3 emissions. However, the absence of documented reduction initiatives suggests that First BanCorp may still be in the early stages of developing a comprehensive climate strategy. As the financial sector increasingly prioritises sustainability, it is essential for institutions like First BanCorp to establish clear emissions reduction goals and commitments to align with industry standards and expectations.

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. First BanCorp's primary industry is Services auxiliary to financial intermediation (67), which is very low in terms of carbon intensity compared to other industries.

Location emissions intensity

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. First BanCorp is headquartered in US, which has a rank of low, indicating low grid carbon intensity.

Reduction initiatives & disclosure networks

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.

First BanCorp 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.

SBTi
CDP
The Climate Pledge
UN Global Compact
Carbon Disclosure Project
The Climate Pledge
UN Global Compact

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Industrial Bank Of Korea

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Ethical Trade Norway

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Shriram Finance

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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