Public Profile

OceanFirst Financial Corp.

OceanFirst Financial Corp., headquartered in the United States, is a prominent player in the financial services industry, primarily operating in New Jersey and Pennsylvania. Founded in 1902, the company has evolved significantly, marking key milestones such as its expansion into commercial banking and wealth management services. Specialising in a range of core products, including personal and business banking, mortgages, and investment services, OceanFirst distinguishes itself through its commitment to customer service and community engagement. The firm has garnered recognition for its innovative financial solutions and robust market position, consistently ranking among the top community banks in the region. With a focus on sustainable growth and customer-centric offerings, OceanFirst Financial Corp. continues to thrive in an ever-changing financial landscape.

DitchCarbon Score

How does OceanFirst Financial Corp.'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.

23

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.

3

Industry Benchmark

OceanFirst Financial Corp.'s score of 23 is higher than 71% of the industry. This can give you a sense of how well the company is doing compared to its peers.

71%

OceanFirst Financial Corp.'s reported carbon emissions

OceanFirst Financial Corp., headquartered in the US, currently does not have publicly available carbon emissions data or specific reduction targets. Without emissions figures, it is challenging to assess their carbon footprint or the scope of their emissions (Scope 1, 2, or 3). However, the absence of data does not diminish the importance of climate commitments in the financial sector. Many institutions are increasingly recognising the need for sustainability and are likely to engage in initiatives aimed at reducing their environmental impact. As the industry evolves, OceanFirst Financial Corp. may consider establishing measurable climate commitments and reduction targets to align with global sustainability goals.

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. OceanFirst Financial Corp.'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. OceanFirst Financial Corp. is headquartered in US, which has a rank of low, indicating low grid carbon intensity.

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.

OceanFirst Financial Corp. is not committed to any reduction initiatives 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
Carbon Disclosure Project
The Climate Pledge
UN Global Compact

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Where does DitchCarbon data come from?

Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers