Eastern Bankshares, Inc.
Industry Group: Banks
Country/Region: United States of America
Identifier: NAS:EBC
Eastern Bankshares Inc is a commercial bank that caters its products and services to retail, commercial, and small business customers. Its diversified products and services include lending, deposit, wealth management, and insurance products. The company has one operating segment; Banking business which offers a range of banking lending, savings, and small business offerings, and its wealth management and trust operations.
ESG Risk Rating
Ranking
Industry Group (1st = lowest risk)
Banks 833 out of 1027
Universe
Global Universe 10823 out of 15100
What are the ESG Risk Ratings?
Notice: The information is provided as is, for informational, non-commercial purposes only, does not constitute investment advice and is subject to conditions available in our Legal Disclaimer. They are not directed to, or intended for distribution to or use by India-based clients or users and their distribution to Indian resident individuals or entities is not permitted. Usage of this information is not permitted in any way, unless otherwise agreed in writing. By way of exception, usage of this information is permitted to the non-India based rated subjects, limited to a single reference to the score on the rated subject’s sustainability webpage or CSR report, mentioning Sustainalytics as a source. For referencing Sustainalytics please consult the Company Guide.
Industry Comparison
Company | ESG Risk Rating | Industry Rank |
---|---|---|
Virgin Money UK Plc |
17.8
Low
|
205 out of 1027 |
Fulton Financial Corp. |
28.2
Medium
|
646 out of 1027 |
Atlantic Union Bankshares Corp. |
29.3
Medium
|
721 out of 1027 |
Eastern Bankshares, Inc. |
30.6
High
|
833 out of 1027 |
First Interstate BancSystem, Inc. |
31
High
|
850 out of 1027 |
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.
Eastern Bankshares, 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.
Eastern Bankshares, Inc.'s Management of ESG Material Risk is Average