Southside Bancshares, Inc.
Industry Group: Banks
Country/Region: United States of America
Identifier: NYS:SBSI
Southside Bancshares Inc is a bank holding company. Through its subsidiary, the Southside Bank, it operates as a financial institution offering various financial services to individuals, businesses, municipal entities, and nonprofit organizations. These services include consumer and commercial loans, deposit accounts, wealth management and trust services, brokerage services, and safe deposit services. The company's primary market areas are East Texas, Southeast Texas, and the greater Dallas-Fort Worth, Austin, and Houston, Texas.
ESG Risk Rating
Ranking
Industry Group (1st = lowest risk)
Banks 403 out of 1040
Universe
Global Universe 6504 out of 15176
What are the ESG Risk Ratings?
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Industry Comparison
| Company | ESG Risk Rating | Industry Rank |
|---|---|---|
| Amalgamated Financial Corp. |
16.3
Low
|
158 out of 1040 |
| Southside Bancshares, Inc. |
23.9
Medium
|
403 out of 1040 |
| Aktia Bank Plc |
26.1
Medium
|
517 out of 1040 |
| Hokkoku Financial Holdings, Inc. |
29.6
Medium
|
710 out of 1040 |
| Lakeland Bancorp, Inc. |
30.5
High
|
783 out of 1040 |
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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.
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.