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Financial Intermediation
US
updated 10 days ago

First Bancorp

Company website

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.

23

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.

30

Industry Benchmark

First Bancorp's score of 23 is lower than 71% of the industry. This can give you a sense of how well the company is doing compared to its peers.

29%

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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 there are no available figures for emissions in kg CO2e. Additionally, the organisation has not established any specific reduction targets or commitments related to climate initiatives, such as those outlined by the Science Based Targets initiative (SBTi) or other industry standards. As a result, First Bancorp's climate commitments remain unclear, and there are no significant achievements or initiatives to highlight at this time. The absence of emissions data and reduction targets suggests that the company may still be in the early stages of developing a comprehensive climate strategy.

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. First Bancorp's primary industry is Financial intermediation services, except insurance and pension funding services (65), 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. This request for First Bancorp is in US, which has a low grid carbon intensity relative to other regions.

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 participating in any of the initiatives that 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

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Where does DitchCarbon data come from?

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