OceanFirst Financial Corp. Sustainability Profile
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.
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
OceanFirst Financial Corp.'s score of 25 is lower than 66% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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OceanFirst Financial Corp.'s reported carbon emissions
As of the latest available data, OceanFirst Financial Corp. does not report any specific carbon emissions figures, indicating a lack of disclosed emissions data. Consequently, there are no recorded Scope 1, Scope 2, or Scope 3 emissions totals. In terms of climate commitments, OceanFirst Financial Corp. has not established any documented reduction targets or initiatives, nor have they made any climate pledges. This absence of data suggests that the company may still be in the early stages of developing a comprehensive climate strategy. Given the current industry context, many financial institutions are increasingly focusing on sustainability and carbon reduction. OceanFirst Financial Corp. may benefit from aligning with these trends to enhance its environmental impact and transparency.
How Carbon Intensive is OceanFirst Financial Corp.'s Industry?
How Carbon Intensive is OceanFirst Financial Corp.'s Location?
OceanFirst Financial Corp.'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.
OceanFirst Financial Corp. 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.
