Southern First Bank, headquartered in the United States, is a prominent financial institution that has been serving clients since its founding in 1999. With a strong presence in the Southeast, particularly in South Carolina, North Carolina, and Georgia, the bank operates within the commercial banking sector, offering a range of services tailored to both individuals and businesses. Southern First Bank is renowned for its personalised banking experience, providing core products such as personal and business loans, treasury management, and wealth management services. The bank's commitment to community engagement and customer satisfaction sets it apart in a competitive market. Over the years, Southern First Bank has achieved significant milestones, including consistent growth and recognition for its financial stability, positioning it as a trusted partner in the banking industry.
How does Southern First 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.
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.
Southern First Bank's score of 19 is lower than 79% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Southern First Bank, headquartered in the US, currently does not report any specific carbon emissions data, as indicated by the absence of emissions figures in kg CO2e. Additionally, there are no documented reduction targets or climate pledges associated with the bank. As of now, Southern First Bank does not inherit any emissions data from a parent company, and there are no cascading targets from related organisations. This lack of data suggests that the bank may still be in the early stages of developing its climate commitments or reporting frameworks. In the context of the banking industry, many institutions are increasingly focusing on sustainability and carbon reduction initiatives. However, without specific emissions data or targets, it is challenging to assess Southern First Bank's current position in relation to industry standards for climate action.
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.
Southern First Bank 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.
