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Public Profile
Financial Intermediation
US
updated a month ago

First Bank Sustainability Profile

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.

29

Industry Benchmark

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.

40%

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First Bank's reported carbon emissions

First Bank, headquartered in the US, currently does not have available carbon emissions data for the most recent year, as indicated by the absence of specific figures. Consequently, there are no reported emissions in terms of Scope 1, 2, or 3 emissions, nor any significant reduction targets or achievements documented. In the context of climate commitments, First Bank has not outlined any specific climate pledges or reduction initiatives. The lack of data suggests that the bank may still be in the early stages of developing a comprehensive climate strategy or reporting framework. As the financial sector increasingly prioritises sustainability, First Bank's future commitments and actions will be crucial in aligning with industry standards and expectations for carbon reduction and climate resilience.

How Carbon Intensive is First Bank's Industry?

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.

How Carbon Intensive is First Bank's Location?

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.

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.

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

Compare First Bank's Emissions with Industry Peers

Paypal

US
•
Financial intermediation services, except insurance and pension funding services (65)
Updated about 18 hours ago

Deutsche Bank

DE
•
Financial intermediation services, except insurance and pension funding services (65)
Updated 3 days ago

Barclays PLC

GB
•
Financial intermediation services, except insurance and pension funding services (65)
Updated 3 days ago

JPMorgan Chase & Co

US
•
Financial intermediation services, except insurance and pension funding services (65)
Updated 4 days ago

FNB Bancorp, Inc.

US
•
Financial intermediation services, except insurance and pension funding services (65)
Updated 11 days ago

Northrim Bank

US
•
Financial intermediation services, except insurance and pension funding services (65)
Updated about 2 months ago

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Where does DitchCarbon data come from?

Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers

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