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The First of Long Island Corporation
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 28 is lower than 52% 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's reported carbon emissions
In 2021, The First of Long Island Corporation reported Scope 1 emissions of approximately 1,410,674 tonnes CO2e. This figure represents a decrease from 2020, when Scope 1 emissions were about 1,539,119 tonnes CO2e. The corporation has set ambitious climate commitments, aiming for a 60% reduction in both Scope 1 and Scope 2 emissions by 2030, using 2020 as the baseline year. This commitment reflects a proactive approach to mitigating climate impact and aligns with industry standards for sustainability. The emissions data is cascaded from the parent company, with the figures being part of a broader corporate family strategy. The First of Long Island Corporation is actively working towards these reduction targets, demonstrating a commitment to environmental responsibility and climate action.
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| 2020 | 2021 | |
|---|---|---|
| Scope 1 | 1,539,119,000 | 0,000,000,000 |
| Scope 2 | - | - |
| Scope 3 | - | - |
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.
The First of Long Island Corporation 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.
