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Financial Intermediation
US
updated a month ago

Firstbank Corporation

Company website

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.

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.

30

Industry Benchmark

Firstbank Corporation'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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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.

Industry emissions intensity

Very low
Low
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Very high
Some industries are more carbon intensive than others. Firstbank Corporation'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
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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 Firstbank Corporation 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.

Firstbank Corporation 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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