Provident Bank
Provident Bank, a prominent financial institution headquartered in the United States, has been serving customers since its founding in 1839. With a strong presence in New Jersey and Pennsylvania, the bank operates within the banking and financial services industry, offering a diverse range of products tailored to meet the needs of individuals and businesses alike. Specialising in personal banking, commercial lending, and wealth management, Provident Bank distinguishes itself through its commitment to customer service and innovative financial solutions. Over the years, the bank has achieved significant milestones, including the expansion of its branch network and the introduction of advanced digital banking services. Recognised for its stability and community involvement, Provident Bank continues to solidify its market position as a trusted partner in financial growth and security.
DitchCarbon Score
How does Provident 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
Provident 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.
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Provident Bank, headquartered in the US, currently does not report specific carbon emissions data, as indicated by the absence of emissions figures. The bank's climate commitments and reduction initiatives are not detailed, suggesting a need for further development in this area. However, it is important to note that emissions data may be cascaded from its parent company, Provident Financial Services, Inc. This relationship implies that any climate-related targets or performance metrics may be influenced by the broader corporate strategies of the parent organisation. As a current subsidiary, Provident Bank may benefit from initiatives and frameworks established by Provident Financial Services, Inc., which could include participation in industry-standard climate initiatives such as the Carbon Disclosure Project (CDP). Overall, while specific emissions data and reduction targets are not available, the bank's alignment with its parent company's sustainability efforts may play a crucial role in shaping its future climate commitments.
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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 | - | - |
Industry emissions intensity
Location emissions 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.
Provident 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.
