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Public Profile
Financial Intermediation
US
updated 5 months ago

First Bank

Company website

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.

25

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.

27

Industry Benchmark

First Bank's score of 25 is lower than 56% of the industry. This can give you a sense of how well the company is doing compared to its peers.

44%

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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 commitments to the Science Based Targets initiative (SBTi) or other climate pledges. As there is no emissions data or reduction initiatives reported, it is unclear how First Bank is addressing its carbon footprint or contributing to climate action within the financial sector. The absence of specific targets or commitments may reflect a broader industry context where many financial institutions are increasingly focusing on sustainability and climate resilience. Without concrete data or commitments, First Bank's climate strategy remains unspecified, highlighting a potential area for future development in their environmental responsibility efforts.

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. First Bank'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 Bank 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 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.

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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