The First of Long Island Corporation Sustainability Profile
The First of Long Island Corporation, commonly referred to as FOLI, is a prominent financial institution headquartered in the United States. Established in 1984, the company has made significant strides in the banking sector, primarily serving the Long Island region and surrounding areas. FOLI operates within the banking and financial services industry, offering a range of products including commercial and residential loans, deposit accounts, and wealth management services. What sets The First of Long Island Corporation apart is its commitment to community-focused banking, emphasising personalised service and local engagement. Over the years, the company has achieved notable milestones, solidifying its market position as a trusted financial partner. With a strong emphasis on customer satisfaction and innovative financial solutions, FOLI continues to thrive in a competitive landscape, catering to the diverse needs of its clientele.
DitchCarbon Score
How does The First of Long Island Corporation'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
The First of Long Island Corporation's score of 31 is higher than 51% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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The First of Long Island Corporation, headquartered in the US, currently does not have specific carbon emissions data available for the most recent year. As a merged entity, it inherits emissions data from its parent company, ConnectOne Bancorp, Inc., but no specific figures have been provided. In terms of climate commitments, The First of Long Island Corporation has not outlined any formal reduction targets or initiatives, such as those associated with the Science Based Targets initiative (SBTi). The absence of documented reduction targets suggests a need for further development in their climate strategy. As the company continues to navigate its environmental responsibilities, it is essential for them to establish clear emissions reduction goals and strategies to align with industry standards and expectations.
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| 2024 | |
|---|---|
| Scope 1 | 32,500 |
| Scope 2 | 1,800 |
| Scope 3 | 94,400 |
How Carbon Intensive is The First of Long Island Corporation's Industry?
How Carbon Intensive is The First of Long Island Corporation's Location?
The First of Long Island Corporation's Scope 3 Categories Breakdown
Most of their carbon footprint comes from suppliers and value chain emissions, with Scope 3 emissions accounting for 73% of total emissions under the GHG Protocol, with "Business Travel" being the largest emissions source at 87% of Scope 3 emissions.
Top Scope 3 Categories
The First of Long Island Corporation's Climate Goals (2030 & 2050)
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.
The First of Long Island Corporation 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.
