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Financial Intermediation
US
updated 7 months ago

New Jersey Community Bank

Company website

New Jersey Community Bank (NJCB) is a prominent financial institution headquartered in the United States, primarily serving the New Jersey region. Established in 2008, NJCB has quickly made a name for itself in the banking industry, focusing on community-oriented services that cater to both personal and business banking needs. The bank offers a range of core products, including savings and checking accounts, commercial loans, and mortgage services, all designed to meet the unique needs of its customers. NJCB distinguishes itself through its commitment to personalised service and local engagement, fostering strong relationships within the communities it serves. With a solid market position, New Jersey Community Bank has achieved notable milestones, including consistent growth in assets and a reputation for reliability. As a trusted partner for individuals and businesses alike, NJCB continues to play a vital role in the financial landscape of New Jersey.

DitchCarbon Score

How does New Jersey Community 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

New Jersey Community 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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New Jersey Community Bank's reported carbon emissions

New Jersey Community Bank currently does not have specific carbon emissions data available, as indicated by the absence of emissions figures in kg CO2e. The bank's climate commitments and reduction initiatives are also not detailed, with no documented reduction targets or climate pledges. However, it is important to note that New Jersey Community Bank's emissions data is cascaded from its parent company, Provident Financial Services, Inc., at a cascade level of 4. This means that any climate-related performance metrics or targets may be influenced by the broader corporate strategies of its parent organisation. Additionally, emissions data may also be indirectly informed by Lakeland Bank, which is at a cascade level of 2. This relationship suggests that while New Jersey Community Bank may not have direct emissions data, it is part of a larger network of financial institutions that may have established climate commitments and reduction strategies. As the bank continues to integrate its operations and align with industry standards, it may adopt more specific climate initiatives in the future.

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. New Jersey Community 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 New Jersey Community 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.

New Jersey Community 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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