Alerus Financial Corp.
Industry Group: Banks
Country/Region: United States of America
Identifier: NAS:ALRS
Alerus Financial Corp is a financial holding company registered in the United States. The company operates in four segments: Banking, Retirement & Benefit Services, Wealth Management, and Mortgage. It provides various banking services such as checking, debit cards, savings, current deposits, loans and advances, online banking, mobile banking, private banking, payment solutions, and other business products. Additionally, the company provides mortgage loans, retirement planning solutions, individual retirement accounts, retirement plan advisory services as well as wealth management services, including financial & estate planning, trust, and fiduciary services. The company's revenue mainly consists of interest income, commission, management fees, and other income.
ESG Risk Rating
Ranking
Industry Group (1st = lowest risk)
Banks 767 out of 1022
Universe
Global Universe 10520 out of 15080
What are the ESG Risk Ratings?
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Industry Comparison
| Company | ESG Risk Rating | Industry Rank |
|---|---|---|
| Farmers National Banc Corp. |
27
Medium
|
558 out of 1022 |
| First Financial Corp. (Indiana) |
27.6
Medium
|
598 out of 1022 |
| Macatawa Bank Corp. |
28.3
Medium
|
652 out of 1022 |
| Alerus Financial Corp. |
29.8
Medium
|
767 out of 1022 |
| HarborOne Bancorp, Inc. |
30.3
High
|
810 out of 1022 |
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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.