Provident Financial Services, Inc.
Provident Financial Services, Inc., commonly known as Provident Bank, is a prominent financial institution headquartered in the United States, with a strong presence in New Jersey and New York. Founded in 1839, the bank has established itself as a trusted provider of a wide range of financial services, including personal and commercial banking, mortgage lending, and wealth management. With a commitment to customer-centric solutions, Provident Bank offers unique products such as tailored mortgage options and innovative digital banking services. The bank's dedication to community engagement and financial education has earned it a solid reputation in the industry. As a key player in the regional banking sector, Provident Financial Services continues to achieve notable milestones, reinforcing its position as a reliable partner for individuals and businesses alike.
DitchCarbon Score
How does Provident Financial Services, Inc.'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 Services Auxiliary to 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 Financial Services, Inc.'s score of 25 is lower than 63% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Let us know if this data was useful to you
Provident Financial Services, Inc.'s reported carbon emissions
In 2021, Provident Financial Services, Inc. reported a Scope 1 and 2 emissions intensity ratio of approximately 1.02 kg CO2e per employee. This figure reflects the company's operational emissions but does not provide absolute emissions data for Scope 1, 2, or 3. In 2020, the emissions intensity ratio was about 0.88 kg CO2e per employee, indicating a slight increase in emissions intensity year-on-year. Currently, Provident Financial Services has not set specific reduction targets or commitments under the Science Based Targets initiative (SBTi) or other climate pledges. The absence of disclosed emissions data and reduction initiatives suggests that the company may be in the early stages of developing a comprehensive climate strategy. As of now, there is no inherited emissions data from a parent or related organisation, and all information is sourced directly from Provident Financial Services, Inc. The company operates within a broader industry context that increasingly prioritises sustainability and carbon reduction, highlighting the importance of establishing clear climate commitments moving forward.
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 Financial Services, Inc. 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.
