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 25 is lower than 60% 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 there are no available figures for kg CO2e emissions. Additionally, the bank has not established any documented reduction targets or climate pledges. As of now, Southern First Bank does not inherit emissions data from a parent company, and there are no cascading targets from related organisations. This indicates that the bank is in the early stages of developing its climate commitments and strategies. In the context of the banking industry, many institutions are increasingly focusing on sustainability and carbon reduction initiatives. Southern First Bank may consider aligning with industry standards and frameworks, such as the Science Based Targets initiative (SBTi), to enhance its climate strategy in the future.
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.
Southern First 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.