First Republic Bank Sustainability Profile
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.
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 Republic Bank's score of 23 is lower than 73% 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 Republic Bank's reported carbon emissions
First Republic Bank, headquartered in the US, currently does not report any specific carbon emissions data, as indicated by the absence of emissions figures in kg CO2e. Additionally, there are no documented reduction targets or climate pledges associated with the bank. This lack of data suggests that First Republic Bank may not have established formal commitments to reduce its carbon footprint or may not publicly disclose such information. In the context of the banking industry, many institutions are increasingly focusing on sustainability and climate commitments, often setting science-based targets to align with global climate goals. However, without specific emissions data or reduction initiatives from First Republic Bank, it is unclear how the bank positions itself within this evolving landscape of corporate climate responsibility.
How Carbon Intensive is First Republic Bank's Industry?
How Carbon Intensive is First Republic Bank's Location?
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.
