Fair Pay & Worker Respect

The CEO to median employee pay ratio for the 2024 fiscal year was 21:1, with the CEO's total compensation at $1,378,381 and median employee pay at $65,970.

Employee engagement, based on Glassdoor reviews, is rated at 3.7 out of 5 stars. The company provides a generous cost-share for health insurance, but a specific coverage percentage is not provided.

Honest & Fair Business

The company has a whistleblower policy that prohibits retaliation for good faith reports, offering a confidential, anonymous 24/7 phone line and online/mobile reporting.

All complaints are forwarded to the Audit Committee, and employees can report audit violations directly to the Board. No complaints have been received since the policy's institution. The company has had zero financial restatements in the past three years, and its independent registered public accounting firm issued an unqualified opinion on its financial statements and internal control over financial reporting as of December 31, 2021. 8 out of 9 directors are independent, representing 88.89% of the board. The company has an Anti-Corruption Policy and a Code of Business Conduct & Ethics, which applies to all directors, executive officers, and employees. Its BSA/AML program is validated annually by a third-party, and the Audit Committee interacts with an outsourced internal auditing firm and an independent public accounting firm.

Kind to Animals

First Bancorp, Inc. is a financial services institution, providing banking, loan, and investment management services.

Its core business operations do not involve animal products, animal testing, animal agriculture, or direct impact on wildlife habitats. Therefore, the metrics under the 'Kind to Animals' value, which focus on these areas, are not applicable to the company's business model, and no relevant evidence was found in the provided articles.

No War, No Weapons

First Bancorp, Inc. (FNLC.US) is a bank holding company and a community bank.

The provided articles consistently describe the company as a bank and explicitly state that it is not a defense contractor or involved in arms sales. Consequently, there is no data regarding its revenue from arms contracts, dual-use technology, sales to embargoed regimes, conflict divestment, board oversight of defense activities, export certifications, lobbying against arms control, humanitarian procurement, human rights due diligence in conflict areas, Arms Trade Treaty compliance, AI military safeguards, UN Guiding Principles alignment related to conflict, dual-use item screening, surveillance transparency, ethical red lines for weapons, exposure to controversial weapons, war-related supply chain risk audits, annual conflict partner reviews, defense divestment, conflict minerals, peace technology investment, procurement from conflict zones, or ethical red lines compliance. All these KPIs are scored as N/A because the company's core business does not involve defense or arms-related activities. While the company engages in corporate donations and sponsorships, these are general community support and not specifically defined as peacebuilding or disarmament initiatives.

Planet-Friendly Business

The company reported no specific regulatory actions, violations, fines, or compliance issues in 2024.

It has not declared a net-zero target year. While the company's 2023 sustainability report references alignment with the Task Force on Climate-Related Financial Disclosures (TCFD) standards, it provides no specific details or data points regarding the degree of alignment or scenario analysis, indicating only partial TCFD mapping without scenario analysis. Similarly, there is minimal disclosure of climate asset risks, with generic statements but no quantification. As a services provider, the company's operations do not involve material lifecycle impacts, material sourcing, or forest risk commodities.

Zero Waste & Sustainable Products

The company has implemented several waste reduction initiatives, including recycling programs for 1,739,429 pounds of paper, over 84,500 pounds of wood, metals, and carton in 2022, and 19,215 mobile phones and chargers.

Electronic signatures have saved 5,800-5,900 pounds of wood and nearly 1,000 pounds of waste, while remote work reduced paper printing by 785,000 pages in one year. Digital banking has also contributed, with 74-96% of online banking users enrolled in electronic statements. The company conducts environmental site assessments (ESAs) to identify and remediate potential environmental liabilities. No waste disposal violations have been reported in the past three years. A Vendor Management Program (VMP) will include ESG-related questions for vendors in 2023, and a revised Service Provider Code of Conduct addresses ESG factors, but specific waste reduction or recyclability requirements for all suppliers are not detailed. The company operates a 'Dona tu Celu' program for recycling mobile phones and accessories.