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Financial Intermediation
US
updated 6 months ago

First State Bank

Company website

First State Bank, a prominent financial institution headquartered in the United States, has been serving communities since its establishment in 1905. With a strong presence in various operational regions, including the Midwest and South, the bank has built a reputation for its commitment to customer service and community engagement. Operating within the banking industry, First State Bank offers a diverse range of products and services, including personal and business banking, loans, and investment solutions. What sets them apart is their focus on tailored financial solutions that meet the unique needs of their clients. Over the years, First State Bank has achieved significant milestones, solidifying its market position as a trusted financial partner. With a dedication to innovation and community support, the bank continues to thrive in an ever-evolving financial landscape.

DitchCarbon Score

How does First State 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.

28

Industry Benchmark

First State Bank's score of 25 is lower than 57% of the industry. This can give you a sense of how well the company is doing compared to its peers.

43%

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First State Bank's reported carbon emissions

First State Bank, headquartered in the US, currently does not have specific carbon emissions data available for the most recent year. The bank's climate commitments and reduction initiatives are not explicitly outlined, indicating a potential area for development in their sustainability strategy. However, it is important to note that First State Bank's emissions data may be influenced by its corporate family relationship, as it has cascaded data from Northfield Bank, which is at a level 1 in the corporate structure. This means that while First State Bank does not report its own emissions, it may be indirectly affected by the sustainability practices and emissions profiles of its parent or related entities. As of now, First State Bank has not set any documented reduction targets or participated in initiatives such as the Science Based Targets initiative (SBTi) or the Carbon Disclosure Project (CDP). This lack of specific commitments suggests that the bank may need to enhance its focus on climate action and emissions reduction to align with industry standards and expectations. In summary, while First State Bank has not provided specific emissions data or reduction targets, its relationship with Northfield Bank may play a role in shaping its future climate commitments. The bank's current position highlights an opportunity for growth in sustainability practices within the financial sector.

Industry emissions intensity

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

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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