FirstBank Puerto Rico Sustainability Profile
FirstBank Puerto Rico, a prominent financial institution headquartered in the United States, has been serving the community since its establishment in 1948. With a strong presence across Puerto Rico and the Virgin Islands, the bank operates within the banking and financial services industry, offering a diverse range of products tailored to meet the needs of individuals and businesses alike. Specialising in personal banking, commercial lending, and wealth management, FirstBank distinguishes itself through its commitment to customer service and innovative financial solutions. Over the years, the bank has achieved significant milestones, including expanding its branch network and enhancing digital banking capabilities. Recognised for its stability and customer-centric approach, FirstBank Puerto Rico continues to solidify its position as a trusted partner in the financial landscape.
DitchCarbon Score
How does FirstBank Puerto Rico'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 Puerto Rico'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.
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FirstBank Puerto Rico's reported carbon emissions
FirstBank Puerto Rico currently does not have specific carbon emissions data available, as indicated by the absence of reported figures. The bank is a current subsidiary of FirstBank Puerto Rico, and while it inherits no direct emissions data from a parent company, it is committed to sustainability initiatives. Despite the lack of specific emissions data, FirstBank Puerto Rico has not outlined any formal reduction targets or climate pledges. This suggests that while the bank may be aware of the importance of addressing climate change, it has yet to establish measurable goals or commitments in line with industry standards such as the Science Based Targets initiative (SBTi). As a financial institution, FirstBank Puerto Rico operates within a sector that is increasingly recognising the need for transparency and accountability regarding carbon emissions. The absence of reported emissions data and reduction initiatives highlights an opportunity for the bank to enhance its climate strategy and align with global sustainability efforts.
How Carbon Intensive is FirstBank Puerto Rico's Industry?
How Carbon Intensive is FirstBank Puerto Rico's Location?
FirstBank Puerto Rico'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 Puerto Rico 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.
