First Bancorp IncFirst Bancorp Inc - ESG Rating & Company Profile powered by AI

Industry Group:Banks

This assessment of First Bancorp Inc is prepared by All Street Sevva using advanced AI. This SDG score for First Bancorp Inc represents the company's transparency towards the UN SDGs. Alternative companies in the rating industry group for First Bancorp Inc are displayedin the table.

First Bancorp Inc in the Banks industry gained a UN SDG ESG Transparency Score of 1.7; made up of an environmental score of 1.3, social score of 1.1 and governance score of 2.7.

SDG Transparency Score for First Bancorp Inc 

1.7

Low Impact
0 - 3
Medium
4 - 6
High
7 - 10
Last Score Update: 2024-05-01
What drives the score for First Bancorp Inc 
1.3

Environmental

1.1

Social

2.7

Governance

Detailed ESG Breakdown
SEVVA Platform offers unique drill down to the underlying sources powering the ratings. Break down your ESG analysis by 17 UN SDGs and 8 additional governance factors.

Peer Group Comparison

RankCompanySDG Transparency Score Performance
1Landesbank Baden Wuerttemberg
9.5
High
2UniCredit Bank AG
9.0
High
.........
1422Umpqua Holdings Corp
1.8
Low
1422United American Savings Bank
1.8
Low
1455First Bancorp Inc
1.7
Low
1455Capital City Bank Group Inc
1.7
Low
1455Central Pacific Financial Corp
1.7
Low
1885sakartvelos bank'i ss
0.0
Low
1885AlphaCredit Capital, S.A. de C.V.
0.0
Low
.........
View the full peer group of 2920 companies on the SEVVA platformSign up for free
Peer Companies Benchmark
SEVVA Platform benchmarks each company against a peer group. View the full score distribution for peers by logging into SEVVA

Frequently Asked Questions

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Is executive remuneration linked to climate performance?

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Does First Bancorp Inc disclose climate scenario or pathway analysis?

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Does First Bancorp Inc disclose current and / or historical scope 1 emissions?

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Are Operating Expesnses linked to emissions reduction?

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Does First Bancorp Inc disclose the pay ratio of women to men?

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Does First Bancorp Inc disclose its Renewable Energy targets?

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Potential Risks for First Bancorp Inc
These potential risks are based on the size, segment and geographies of the company.

The First Bancorp, Inc. operates as the holding company for First National Bank that provides a range of banking products and services to individuals and businesses. It offers various deposit products, including demand, NOW, savings, money market, and certificates of deposit accounts. The company also provides commercial real estate loan products, such as mortgage loans to finance investments in real property comprising multi-family residential, commercial/retail, office, industrial, hotel, educational, and other specific or mixed use properties; commercial construction loans to finance construction of owner- and non-owner occupied commercial real estate properties; and other commercial loans, which include revolving and term loan obligations to business and corporate enterprises for the purpose of financing working capital or capital investment. In addition, it offers municipal loans for capitalized expenditures, construction projects, or tax-anticipation notes; residential term loans that include amortizing home mortgages and construction loans, which include loans for owner-occupied residential construction; home equity loans and lines of credit; and consumer loans, which are amortizing loans to individuals collateralized by automobiles, pleasure crafts, and recreation vehicles, as well as unsecured short-term time notes. Further, the company provides private banking, financial planning, investment management, and trust services to individuals, businesses, non-profit organizations, and municipalities, as well as payment processing services. It operates through 18 full-service banking offices in Lincoln, Knox, Waldo, Penobscot, Hancock, and Washington counties in the Mid-Coast, Eastern, and Down East regions of Maine. The company was formerly known as First National Lincoln Corporation and changed its name to The First Bancorp, Inc. in April 2008. The First Bancorp, Inc. was founded in 1864 and is based in Damariscotta, Maine.

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