First Bancorp Sustainability Profile
First Bancorp, also known as First Bank, is a prominent financial institution headquartered in the United States. Established in 1935, the bank has grown to serve various regions, primarily focusing on the Carolinas. Operating within the banking industry, First Bancorp offers a comprehensive range of services, including personal and commercial banking, mortgage lending, and wealth management. What sets First Bancorp apart is its commitment to community engagement and customer-centric solutions, ensuring tailored financial products that meet diverse client needs. With a strong market position, the bank has achieved notable milestones, including consistent growth in assets and a reputation for exceptional customer service. As a trusted partner in financial services, First Bancorp continues to uphold its legacy of reliability and innovation in the banking sector.
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.
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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. In the context of the financial services industry, many organisations are increasingly adopting science-based targets and sustainability commitments to address climate change. However, without specific emissions data or reduction initiatives, First Bancorp's current climate strategy remains unclear.
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.
