Blue Foundry Bancorp.
BLFY.US | Other monetary intermediation
Blue Foundry Bancorp operates as the holding company for Blue Foundry Bank, providing a range of banking products and services to individuals, families, and businesses in the United States. Its deposit products include checking, savings, and money market accounts, as well as certificates of deposit....Show More
Better Health for All
0
No evidence available to assess Blue Foundry Bancorp on Better Health for All.
Fair Money & Economic Opportunity
-60
The Blue Foundry Charitable Foundation distributed over $264,000 in 2024 and a total of over $1,370,000 since its founding in 2021.
1
However, the bank reported net losses of $2.0 million in Q2 2025, $2.7 million in Q1 2025, $2.3 million in Q2 2024, and $1.9 million in Q3 2025, making it impossible to calculate profit reinvestment as a percentage of pre-tax profit.
2
The foundation's grants are not explicitly linked to the bank's profit reinvestment. The bank offers a financial literacy program for students but provides no details on its reach, outcomes, or curriculum.
3
The bank operates 16 branches across Bergen, Morris, Essex, and Passaic Counties in New Jersey, with two new proposed branches in Hoboken and Jersey City.
4
Grants from its charitable foundation were distributed to organizations in 7 New Jersey counties.
5
However, there is no information on the percentage of service points located in underserved areas or banking deserts.
Fair Pay & Worker Respect
0
No data relevant to the requested metrics for Fair Pay & Worker Respect was found in the provided articles. The articles explicitly state that the careers page for BLFY.US does not contain any quantitative data, regulatory actions, certifications, or comparisons for any of the requested metrics.
1
Fair Trade & Ethical Sourcing
0
Blue Foundry Bancorp operates as a bank, providing financial services rather than procuring or trading physical commodities.
1
Consequently, the company does not have a supply chain that typically involves fair-trade certifications, material sourcing, or upstream labor practices relevant to the Fair Trade & Ethical Sourcing value. The provided articles confirm the absence of quantitative data or specific metrics for fair trade certifications, supplier audit frequency, forced or child labor incidents, supply chain traceability, remediation speed for sourcing violations, ethical sourcing clauses in contracts, high-risk material spend, or supplier diversity spend.
2
Therefore, all KPIs are scored as N/A.
Honest & Fair Business
0
No evidence available to assess Blue Foundry Bancorp on Honest & Fair Business.
Kind to Animals
0
No evidence available to assess Blue Foundry Bancorp on Kind to Animals.
No War, No Weapons
0
The provided article, an ESG report excerpt from Blue Foundry Bank, focuses on the bank's commitment to responsible business practices and mentions awards for diversity and community service in 2023 and 2024.
1
However, it explicitly states that no data relevant to BLFY.US or the 'No War, No Weapons' ethical value is present.
2
Planet-Friendly Business
0
The provided articles consistently indicate a lack of specific, quantitative environmental data for Blue Foundry Bancorp. There is no reported data for Scope 1, 2, or 3 emissions, renewable energy usage, water consumption, waste diversion rates, or green-certified buildings.
1
Furthermore, no information is available regarding SBTi-aligned targets, net-zero commitments, TCFD alignment, or climate scenario analysis.
2
The company does not report on capital expenditure aligned with the EU Sustainable Taxonomy, product lifecycle impact analysis, or recycled-to-virgin material ratios.
3
Similarly, there is no data on carbon offsetting, climate-positive initiatives, supply chain climate transparency, supplier SBTi targets, biodiversity efforts, deforestation policies, environmental compliance violations, environmental impact assessments, water sourcing from stressed basins, packaging CO2 reduction, climate justice initiatives, just transition programs, or climate adaptation financing.
4
While the company has implemented some environmental initiatives such as paperless banking, energy-efficient office features, and a hybrid work schedule, no quantitative outcomes or percentages are provided to assess these against the rubric's KPIs.
5
Respect for Cultures & Communities
0
The company has no reported cultural appropriation incidents.
1
Safe & Smart Tech
0
No evidence available to assess Blue Foundry Bancorp on Safe & Smart Tech.
Zero Waste & Sustainable Products
-40
Blue Foundry Bank transitioned to paperless banking in 2021 as a waste reduction initiative.
1
The company has not reported any waste disposal violations or compliance issues in the provided articles.
2