First BanCorp. Sustainability Profile
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. First BanCorp is recognised for its commitment to customer service and innovative financial solutions, which set it apart in a competitive market. The bank has achieved significant milestones over the years, including strategic expansions and a robust portfolio of core products that cater to both individual and business clients. With a focus on community engagement and sustainable growth, First BanCorp continues to solidify its market position as a trusted financial partner.
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.
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
First BanCorp.'s score of 23 is lower than 76% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Let us know if this data was useful to you
First BanCorp.'s reported carbon emissions
First BanCorp., headquartered in the US, currently does not report any carbon emissions data, as indicated by the absence of specific figures in kg CO2e. Additionally, there are no documented reduction targets or climate pledges associated with the organisation. This lack of data suggests that First BanCorp. may not have established formal commitments to reduce its carbon footprint or engage in climate initiatives at this time. As such, the organisation's climate strategy remains unclear within the context of industry standards for emissions reporting and reduction.
How Carbon Intensive is First BanCorp.'s Industry?
How Carbon Intensive is First BanCorp.'s Location?
First BanCorp.'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.
First BanCorp. 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.
