First Bank, officially known as First Bank of New Jersey, is a prominent financial institution headquartered in the United States. Established in 2007, the bank has rapidly expanded its operations across New Jersey and Pennsylvania, providing a range of banking services tailored to meet the needs of individuals and businesses alike. Specialising in personal and commercial banking, First Bank offers unique products such as competitive mortgage options, business loans, and innovative digital banking solutions. The bank's commitment to customer service and community engagement has positioned it as a trusted partner in the financial sector. With a focus on fostering long-term relationships, First Bank continues to achieve notable milestones, solidifying its reputation as a reliable choice for banking needs in its operational regions.
How does First Bank'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 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 Bank's score of 25 is lower than 60% of the industry. This can give you a sense of how well the company is doing compared to its peers.
First Bank, headquartered in the US, currently does not report any specific carbon emissions data, as there are no available figures for emissions in kg CO2e. Additionally, the bank has not established any documented reduction targets or commitments under the Science Based Targets initiative (SBTi) or other climate pledges. As of now, First Bank's climate commitments and initiatives remain unspecified, indicating a potential area for development in their sustainability strategy. Without emissions data or reduction targets, it is challenging to assess their environmental impact or progress towards climate goals. In the context of the banking industry, many institutions are increasingly focusing on transparency and accountability regarding their carbon footprints. First Bank may benefit from adopting similar practices to align with industry standards and stakeholder 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 Bank 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.