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
Driving Progress through Sustainable Finance
Today, nearly a third of our portfolio directly funds clean energy and sustainable oriented projects. We finance millions in residential solar loans, green building upgrades, and accessible healthcare.
Integrating Sustainable Business Practices
Our approach to sustainability runs throughout our operations, from increasing our LEED© certified square footage to maintaining carbon neutrality in our operational footprint.
Supporting Our Communities
In 2022, we continued to establish purposeful and impactful community partnerships, from tripling our corporate giving benefiting 60 nonprofit organizations to increasing our supplier spend to diverse and small businesses.
Forbright by the numbers
in owned assets
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
of Forbright’s portfolio directed toward sustainable finance
U.S. signatory of the Principles for Responsible Banking
FDIC-insured up to established limits
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.
Calculate Your Impact
See how your deposit can make a difference in carbon emissions
Your deposit of:
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Can translate to:
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:
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:
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
Indoor and outdoor water efficiency, including high-efficiency sprinkler systems, irrigation systems, low-flow fixtures, on-demand hot water appliances
High-efficiency boilers/chillers, mini-split cooling systems, tankless water heaters
Roof installation, building automation and zoning control systems, air sealing and weather stripping, window film and door replacement
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
MoneyRates Best CD Account
Forbright Bank was recognized by MoneyRates.com for our outstanding CD. For 2024, we were awarded Best CD due to our commitment to sustainability.
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.
Feb 07, 2024
Forbright Bank 2023 Year in Review
Focus on sustainable and responsible business practices, strong credit, and new deposit platforms led to a successful year for Forbright Bank
Dec 11, 2023
How Forbright Bank supported a customer’s expansion into solar.
See how Forbright is accelerating the changes that will move our future forward.
Get in touch with a member of our team today.
Start your journey to bank towards a brighter future.