Columbia Financial, Inc.
Industry Group: Banks
Country/Region: United States of America
Identifier: NAS:CLBK
Columbia Financial Inc is a federally chartered savings bank that serves the financial needs of depositors and the local community as a community-minded, customer service-focused institution. It offers traditional financial services to businesses and consumers. It attracts deposits from the general public and uses those funds to originate a variety of loans, including multifamily and commercial real estate loans, commercial business loans, one-to-four family real estate loans, construction loans, home equity loans and advances, and other consumer loans, and also offers a broad range of insurance products, investment solutions, and wealth management services.
ESG Risk Rating
Ranking
Industry Group (1st = lowest risk)
Banks 733 out of 1026
Universe
Global Universe 10221 out of 15094
What are the ESG Risk Ratings?
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Industry Comparison
Company | ESG Risk Rating | Industry Rank |
---|---|---|
Paragon Banking Group Plc |
13.5
Low
|
91 out of 1026 |
Federal Agricultural Mortgage Corp. |
25.4
Medium
|
478 out of 1026 |
First National Financial Corp. (Ontario) |
27.2
Medium
|
578 out of 1026 |
Pathward Financial, Inc. |
27.4
Medium
|
591 out of 1026 |
Columbia Financial, Inc. |
29.5
Medium
|
733 out of 1026 |
For corporate professionals interested in direct competitor insights
Sustainalytics' Peer Performance Insights gives an in-depth analysis of your company's ESG strengths and weaknesses compared to your competitors and industry performance. These insights can be used to identify areas of ESG improvement to help inform future management decisions that align with your organization's sustainability goals.
Our Approach to Calculating ESG Risk
The ESG Risk Ratings measure a company's exposure to industry-specific material ESG risks and how well a company is managing those risks.
Exposure
Exposure refers to the extent to which a company is exposed to different material ESG issues. Our exposure score takes into consideration subindustry and company-specific factors such as its business model.
Columbia Financial, Inc.'s Exposure is Medium
Management
Management refers to how well a company is managing its relevant ESG issues. Our management score assesses the robustness of a company's ESG programs, practices and policies.
Columbia Financial, Inc.'s Management of ESG Material Risk is Average