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Public Profile
Financial Intermediation
US
updated 3 months ago

First Republic Bank Sustainability Profile

Company website

First Republic Bank, a prominent player in the banking industry, is headquartered in the United States and operates primarily in major metropolitan areas such as San Francisco, New York, and Los Angeles. Founded in 1985, the bank has established itself as a leader in private banking and wealth management, catering to high-net-worth individuals and businesses. The bank offers a range of core services, including personalised banking, investment management, and real estate financing, distinguished by its commitment to exceptional client service and tailored financial solutions. First Republic Bank has garnered a reputation for stability and growth, consistently ranking among the top banks in customer satisfaction. With a focus on building long-term relationships, it continues to thrive in a competitive market, making it a trusted choice for discerning clients seeking bespoke financial services.

DitchCarbon Score

How does First Republic 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.

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.

32

Industry Benchmark

First Republic Bank'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 Republic Bank's reported carbon emissions

First Republic Bank, headquartered in the US, currently does not have available data on its carbon emissions, as indicated by the absence of specific emissions figures. Consequently, there are no reported Scope 1, Scope 2, or Scope 3 emissions totals. Additionally, the bank has not established any documented reduction targets or climate pledges at this time. In the context of climate commitments, First Republic Bank has not disclosed any initiatives or targets related to emissions reduction, such as those aligned with the Science Based Targets initiative (SBTi) or other industry standards. As a result, the bank's current climate strategy remains unclear, and it appears to lack a formalised approach to addressing carbon emissions. Overall, without specific emissions data or reduction commitments, First Republic Bank's climate impact and initiatives remain unquantified and undefined.

How Carbon Intensive is First Republic Bank's Industry?

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. First Republic Bank's primary industry is Financial Intermediation, which is very low in terms of carbon intensity compared to other industries.

How Carbon Intensive is First Republic 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 Republic Bank is in US, which has a low grid carbon intensity relative to other regions.

First Republic 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 Republic 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

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Where does DitchCarbon data come from?

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