Firstbank Corporation Sustainability Profile
FirstBank Corporation, commonly referred to as FirstBank, is a prominent financial institution headquartered in the United States. Established in 1863, the bank has a rich history of serving communities across various regions, with a strong presence in Michigan and surrounding areas. Operating within the banking industry, FirstBank offers a diverse range of services, including personal and commercial banking, mortgage lending, and wealth management. What sets FirstBank apart is its commitment to personalised customer service and innovative financial solutions tailored to meet the unique needs of its clients. Over the years, the bank has achieved significant milestones, solidifying its position as a trusted partner in financial growth. With a focus on community engagement and sustainable practices, FirstBank continues to enhance its reputation as a leader in the banking sector.
DitchCarbon Score
How does Firstbank Corporation'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
Firstbank Corporation's score of 25 is lower than 61% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Let us know if this data was useful to you
Firstbank Corporation's reported carbon emissions
Firstbank Corporation, headquartered in the US, currently does not report specific carbon emissions data, as indicated by the absence of emissions figures in kg CO2e. However, the company is part of a merged entity that inherits emissions data from its parent organisation, Mercantile Bank Corporation, at a cascade level of 1. This means that any relevant emissions data or climate commitments may be derived from Mercantile Bank Corporation's reporting. As of now, Firstbank Corporation has not established specific reduction targets or initiatives, nor does it participate in the Science Based Targets initiative (SBTi) or other climate pledges. The lack of documented reduction initiatives suggests that the company may still be in the early stages of developing a comprehensive climate strategy. In the broader context, the banking sector is increasingly focusing on sustainability and carbon reduction, with many institutions setting ambitious targets to mitigate their environmental impact. Firstbank Corporation's future commitments and strategies will be crucial in aligning with industry standards and addressing climate change effectively.
How Carbon Intensive is Firstbank Corporation's Industry?
How Carbon Intensive is Firstbank Corporation's Location?
Firstbank Corporation'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.
Firstbank Corporation 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.
