OceanFirst Financial Corp.
Industry Group: Banks
Country/Region: United States of America
Identifier: NAS:OCFC
OceanFirst Financial Corp is engaged in the banking sector of the United States. It conducts the business of attracting retail and business deposits and investing them in loans, consisting of single-family, owner-occupied residential mortgage loans, and commercial real estate loans. The company's sole segment deals with the delivery of loan and deposit products to customers. The bank's revenues are derived principally from interest on its loans, and to a lesser extent, interest on its investment and mortgage-backed securities. The rest of its income is dependent on bank card services and wealth management services.
ESG Risk Rating
Ranking
Industry Group (1st = lowest risk)
Banks 913 out of 1027
Universe
Global Universe 11782 out of 15111
What are the ESG Risk Ratings?
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Industry Comparison
Company | ESG Risk Rating | Industry Rank |
---|---|---|
MBSB Bhd. |
20.6
Medium
|
284 out of 1027 |
Sammaan Capital Ltd. |
24.8
Medium
|
446 out of 1027 |
Can Fin Homes Ltd. |
30.5
High
|
813 out of 1027 |
OceanFirst Financial Corp. |
32.8
High
|
913 out of 1027 |
Brookline Bancorp, Inc. |
33.2
High
|
927 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.
OceanFirst Financial Corp.'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.
OceanFirst Financial Corp.'s Management of ESG Material Risk is Weak
How do the ESG Risk Ratings work?
Controversy Rating
Highest Controversy level that has impacted OceanFirst Financial Corp.'s ESG Risk Rating in the last three years
Highest Controversy Level