First Bank Sustainability Profile
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.
DitchCarbon Score
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.
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 Bank's score of 25 is lower than 67% 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 Bank's reported carbon emissions
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 climate pledges at this time. As a result, First Bank's climate commitments remain unclear, and there is no information regarding their strategies for addressing carbon emissions or contributing to climate action. In the context of the banking industry, many institutions are increasingly focusing on sustainability and setting science-based targets to reduce their carbon footprints. However, without specific data or commitments from First Bank, it is difficult to assess their position in this evolving landscape. Overall, First Bank's current lack of emissions data and climate initiatives highlights an opportunity for the institution to enhance its environmental strategy and align with industry standards for sustainability.
How Carbon Intensive is First Bank's Industry?
How Carbon Intensive is First Bank's Location?
First Bank'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 Bank 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.
