First BanCorp (Puerto Rico)
Industry Group: Banks
Country/Region: Puerto Rico
Identifier: NYS:FBP
First BanCorp is a financial holding company. The company's operating segment includes Commercial and Corporate Banking; Mortgage Banking; Consumer (Retail) Banking; Treasury and Investments; United States Operations; and Virgin Islands Operations. It generates maximum revenue from the Consumer (Retail) Banking segment. The Consumer (Retail) Banking segment generates majority revenue, which consists of the Corporation's consumer lending and deposit-taking activities conducted mainly through its branch network and loan centres. Geographically, it derives a majority of revenue from Puerto Rico.
ESG Risk Rating
Ranking
Industry Group (1st = lowest risk)
Banks 470 out of 1027
Universe
Global Universe 7653 out of 15100
What are the ESG Risk Ratings?
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Industry Comparison
Company | ESG Risk Rating | Industry Rank |
---|---|---|
Unicaja Banco SA |
21.8
Medium
|
333 out of 1027 |
First Hawaiian, Inc. |
22.5
Medium
|
357 out of 1027 |
First BanCorp (Puerto Rico) |
25.2
Medium
|
470 out of 1027 |
CVB Financial Corp. |
27.7
Medium
|
609 out of 1027 |
The Bank of Chongqing Co., Ltd. |
35.4
High
|
981 out of 1027 |
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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.
First BanCorp (Puerto Rico)'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.
First BanCorp (Puerto Rico)'s Management of ESG Material Risk is Average