New Jersey Community Bank Sustainability Profile
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.
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
New Jersey Community Bank's score of 25 is lower than 59% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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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.
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| 2020 | 2021 | 2022 | |
|---|---|---|---|
| Scope 1 | 408,000 | 000,000,000 | 000,000 |
| Scope 2 | 1,113,000 | - | 000,000 |
| Scope 3 | 2,986,000 | - | - |
How Carbon Intensive is New Jersey Community Bank's Industry?
How Carbon Intensive is New Jersey Community Bank's Location?
New Jersey Community Bank'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.
New Jersey Community Bank 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.
