The Bank of East Asia Ltd.
Industry Group: Banks
Country/Region: Hong Kong
Bank of East Asia Ltd was founded in 1918 by Li Koon-Chun, great-grandfather of present Chairman David Li Kwok-po. The bank offers an array of financial services, including personal and corporate banking, investment services, wealth management, and trade financing. The bank has expanded its mainland China operations during the past 30 years while the bank's overseas operations also extends to several major global markets. The bank's new strategic initiative in China is to focus on retail through partnerships with online platforms in mainland China. The bank is also undergoing a strategic review, seeking to divest noncore assets to lift profitability.
ESG Risk Rating
Industry Group (1st = lowest risk)
Banks 312 out of 1072
Global Universe 5896 out of 15120
What are the ESG Risk Ratings?
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|Company||ESG Risk Rating||Industry Rank|
|Chang Hwa Commercial Bank, Ltd.||
|265 out of 1072|
|Bangkok Bank Public Co. Ltd.||
|287 out of 1072|
|The Bank of East Asia Ltd.||
|312 out of 1072|
|Kasikornbank Public Co. Ltd.||
|332 out of 1072|
|Bandhan Bank Ltd.||
|449 out of 1072|
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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 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.
The Bank of East Asia Ltd.'s Exposure is Medium
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.
The Bank of East Asia Ltd.'s Management of ESG Material Risk is Average
How do the ESG Risk Ratings work?
Top Material ESG Issues for The Bank of East Asia Ltd.
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Highest Controversy level that has impacted The Bank of East Asia Ltd.'s ESG Risk Rating in the last three years
Highest Controversy Level