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 unique financial products and services, including personalised banking solutions, residential and commercial loans, and investment management. First Republic Bank is renowned for its exceptional customer service and tailored financial strategies, setting it apart from traditional banks. With a strong market position, it has consistently received accolades for its commitment to client satisfaction and innovative banking solutions.
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 76% 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 engage in climate initiatives at this time. In the broader context of the banking industry, many institutions are increasingly adopting science-based targets and sustainability initiatives to address climate change. However, without specific emissions data or commitments, First Republic Bank's position in this evolving landscape remains unclear.
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.
