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.
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.
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.
OceanFirst Financial Corp.'s score of 25 is lower than 56% of the industry. This can give you a sense of how well the company is doing compared to its peers.
OceanFirst Financial Corp., headquartered in the US, currently does not report any specific carbon emissions data, as indicated by the absence of emissions figures in kg CO2e. Furthermore, there are no documented reduction targets or climate pledges associated with the company. As a financial institution, OceanFirst Financial Corp. may be influenced by broader industry trends towards sustainability and climate action, but specific commitments or initiatives have not been disclosed. The lack of emissions data and reduction initiatives suggests that the company has yet to establish a formal framework for addressing its carbon footprint or engaging in climate-related commitments. In the context of the financial sector, many organisations are increasingly adopting science-based targets and participating in initiatives such as the Carbon Disclosure Project (CDP) to enhance transparency and accountability regarding their environmental impact. However, without specific data or commitments from OceanFirst Financial Corp., it remains unclear how the company aligns with these industry standards.
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 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.