Impact
Forbright Bank is re-inventing how financial institutions can reshape our approach to climate change—as individuals and as a society.
Who We Are
Forbright Bank is a full-service bank and lender.
We are committed to playing an important role in accelerating the transition to a sustainable and clean energy economy.
What We Do
We are known for our industry-leading sustainable finance practices.
At Forbright, we’re committed to financing the visionary entrepreneurs and sophisticated businesses driving our economy forward across a variety of sectors.
Our 2022 Sustainability Report
Forbright by the numbers
6.5B+
in owned assets
$125M
Green Bond issued by Forbright, Inc. in December 2021
30,000+ Metric Tons
annual GHG emissions avoided through estimated renewable energy and energy efficiency related projects
29%
of Forbright’s portfolio directed toward sustainable finance
7th
U.S. signatory of the Principles for Responsible Banking
$250,000
FDIC-insured up to established limits
As 12/31/2022
Reports
2022 Sustainability Report
We hold ourselves accountable to responsible business practices and a sustainability mindset throughout all aspects of the organization.
Green Bond Impact Report
Forbright. Inc.’s $125 million Green Bond resulted in nearly 12,000 metric tons of CO2 emissions avoided.
Green Financing Framework
The framework to help guide our strategic commitment to a low carbon economy. The framework was verified through a second-party opinion by Sustainalytics.
2021 Sustainability Report
Our inaugural report outlines Forbright’s approach to laying a strong sustainable foundation across the Bank.
Calculate Your Impact
See how your deposit can make a difference in carbon emissions
Your deposit of:
$25,000
Can translate to:
2.5
metric tons of carbon
equivalent emissions estimated to be avoided in the atmosphere annually.
Calculated based on Forbright’s estimated 99 annual metric tons of CO2 equivalents avoided per $1MM in financing. This estimate is based on inception-to-date renewable energy & energy efficiency projects financed by Forbright as of 12/31/22.
That’s like avoiding:
278
gallons of gasoline
Equivalent CO2 emissions from gallons of gasoline consumed calculated based the U.S. Environmental Protection Agency (“US EPA”) Greenhouse Gas Equivalencies Calculator.
At Forbright, we specifically calculate the estimated annual carbon emissions avoided by the renewable energy & energy efficiency projects we finance. Here are some of the types of energy efficiency projects we support across commercial and residential buildings:
-
Renewable Energy
Renewable Energy
Commercial Property-Assessed Clean Energy can finance solar PV, solar thermal, wind turbines, gray water recycling, EV charging stations and battery storage systems. -
Lighting and Electricity
Lighting and Electricity
High-efficiency (LED) lighting and control systems, SMART project pathway lighting, wireless lighting controls -
Water Efficiency
Water Efficiency
Indoor and outdoor water efficiency, including high-efficiency sprinkler systems, irrigation systems, low-flow fixtures, on-demand hot water appliances -
HVAC
HVAC
High-efficiency boilers/chillers, mini-split cooling systems, tankless water heaters -
Building Envelope
Building Envelope
Roof installation, building automation and zoning control systems, air sealing and weather stripping, window film and door replacement -
Resiliency
Resiliency
Rain catchment systems, storm water management, seismic upgrades and wind-resistance measures
The Forbright Difference
As a purpose-driven organization, Forbright has made it our mission to implement responsible investment and sustainability policies across our offerings and operations.
Forbright has pledged to maintain carbon neutrality in our operational footprint.
Forbright also provides incentives to employees, including bonuses for purchasing solar panels and electric vehicles, contributions for taking public transit or biking to work, and reimbursements for sustainable subscriptions such as composting and community-supported agriculture.
Certifications and Commitments
Fossil-Free Certified
Forbright is proud to be Fossil-Free certified, joining an alliance of other banks and credit unions that have pledged to not finance fossil fuel companies or projects.
UN Principles for Responsible Banking
Forbright is the 7th U.S. bank to become an official Signatory of the UN Principles for Responsible Banking – a single framework for a sustainable banking industry developed through a partnership between banks worldwide and the United Nations Environment Programme Finance Initiative.
Green Business Certified
Green America’s Green Business Certification is provided to organizations that meet a set of industry-specific standards relating to the environment and social justice.
Top Workplaces by the Washington Post
The Washington Post ranks the top workplaces in the Washington, DC area based on employee satisfaction, team culture, and overall experience.
Sustainable Bank by BestCashCow
BestCashCow.com has named Forbright as the 1st bank in the U.S. to receive its Sustainable Bank badge. This seal was awarded due to our commitment to financing projects in the clean energy and sustainability space.
Best Banks to Work For by American Banker
Forbright Bank is proud to be recognized as one of American Banker’s Best Banks to Work For 2023.
Best Workplaces for Commuters
Best Workplaces for Commuters recognizes employers who are helping change how America commutes.
Stories
Case Studies
Dec 05, 2023
Divert
Forbright Bank is helping Divert, Inc. convert wasted food into clean energy.
Case Studies
Nov 06, 2023
PosiGen
Forbright Bank helps deliver clean energy to underserved communities.
Keep Exploring
Our Vision
See how Forbright is accelerating the changes that will move our future forward.
Contact Us
Get in touch with a member of our team today.
Get Started
Start your journey to bank towards a brighter future.