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.
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.
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.
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.
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.
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.