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OrganisationsProvident Financial Services, Inc.
Provident Financial Services, Inc. logo

Provident Financial Services, Inc.

Services Auxiliary to Financial IntermediationUnited States
Last verified 11 days agoprovident.bank

Provident Financial Services, Inc., commonly known as Provident Bank, is a prominent player in the services auxiliary to financial intermediation sector, headquartered in the United States. Established in 1839, the company has a rich history of providing innovative financial solutions, primarily serving New Jersey and New York.

With a focus on commercial banking, residential mortgages, and wealth management, Provident Bank distinguishes itself through personalised customer service and a commitment to community engagement. The bank has achieved significant milestones, including consistent growth in assets and a strong market presence, making it a trusted choice for individuals and businesses alike.

Recognised for its robust financial performance and dedication to customer satisfaction, Provident Financial Services continues to solidify its position as a leader in the financial services industry, offering unique products tailored to meet the diverse needs of its clientele.

30
DitchCarbon score

-6 vs industry average

Provident Financial Services, Inc.’s score of 30 is lower than 44% of the industry. This can give you a sense of how well the company is doing compared to its peers.

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Industry Intensity

Very Low

Services Auxiliary to Financial Intermediation is among the least carbon-intensive industries

Industry performance

0.062
20192025

The Services Auxiliary to Financial Intermediation industry has increased its overall emissions by 11% since 2019

Emissions trajectory 2020 – 2025

000M000.0M000.0M000.0M0

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202020212022202320242025

Reported emissions

Scope 1
•••kg CO₂e
Scope 2
•••kg CO₂e
Scope 3
•••kg CO₂e
Total reported
•••kg CO₂e

Scope 3 accounts for ••• of total emissions.

Provident Financial Services, Inc.'s reported carbon emissions

Provident Financial Services, Inc., a services auxiliary to financial intermediation (67) company headquartered in the US, has set an ambitious target to achieve net-zero carbon dioxide emissions by 2040. This overarching goal encompasses scope 1, 2, and 3 emissions arising from the company's operations. To support this long-term commitment, Provident Financial Services plans to establish science-based targets and related interim goals by September 2023. In terms of reported emissions, for the year 2022, the company reported approximately 404,000 kg CO2e for Scope 1 emissions and approximately 282,600 kg CO2e for Scope 2 emissions, resulting in a combined Scope 1 and 2 total of approximately 686,600 kg CO2e. For the year 2021, Provident Financial Services reported approximately 533,000,000 kg CO2e for Scope 1 emissions. Scope 3 emissions data was not available for either reporting year. The company has indicated missing data points for scope 3, specifically purchased goods and services.

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Provident Financial Services, Inc.’s Climate Goals (2030 & 2050)

1 goal

2040

PFG has set an overarching target to achieve net-zero carbon…

PFG has set an overarching target to achieve net-zero carbon dioxide emissions by 2040 (which relates to the scope 1, 2 and 3 emissions that…

Insufficient data0%

2030

62% reduction in total GHG

Vs 2019 baseline. Validated by SBTi. Includes full supply chain.

At risk48%

2040

50% reduction in Scope 3 intensity

Across purchased goods and services and logistics.

Behind target22%

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Scope 3 top emissions categories

No scope 3 category breakdown has been disclosed yet.

Emissions comparison with industry peers

View similar organisations
CompanyCountryIndustryLast updatedScoreDetails
Provident Financial Services, Inc. logoProvident Financial Services, Inc.
USServices Auxiliary to Financial Intermediation
11 days ago
30
N
NewAlliance Bancshares, Inc.
USServices Auxiliary to Financial Intermediation
25 days ago
44
View
Pacific Premier Bancorp, Inc. logoPacific Premier Bancorp, Inc.
USFinancial Intermediation
25 days ago
39
View
Cadence Bancorporation logoCadence Bancorporation
USFinancial Intermediation
25 days ago
27
View
Northwest Bancshares, Inc. logoNorthwest Bancshares, Inc.
USServices Auxiliary to Financial Intermediation
25 days ago
23
View
First Merchants Corporation logoFirst Merchants Corporation
USFinancial Intermediation
3 days ago
23
View
WesBanco, Inc. logoWesBanco, Inc.
USFinancial Intermediation
26 days ago
23
View

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Ditchcarbonv260319.2
[email protected]+44 203 475 7875

Ditch Carbon Ltd

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