Avanza Bank Holding AB
Industry Group: Diversified Financials
Country/Region: Sweden
Identifier: OME:AZA
Avanza Bank Holding AB is a digital bank that operates in Sweden and serves prdominantly private customers. The bank emphasizes its online strategy to drive lower costs for its deposit base based on the law of large numbers. Its cost base is centered on a high percentage of fixed costs, personnel costs. The bank does not charge its customers fixed fees or deposit fees. Income is generated when customers carry out transaction themselves, predominantly through brokerage fees from securities trading, net interest income from deposits and lending, fund commissions, foreign exchange income, and other income from suppliers of investment products. Over the long term, income growth depends on the bank's ability to grow savings capital.
ESG Risk Rating
Ranking
Industry Group (1st = lowest risk)
Diversified Financials 314 out of 875
Universe
Global Universe 7127 out of 15104
What are the ESG Risk Ratings?
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Industry Comparison
| Company | ESG Risk Rating | Industry Rank |
|---|---|---|
| Avanza Bank Holding AB |
24.5
Medium
|
314 out of 875 |
| ICICI Securities Ltd. |
29.5
Medium
|
510 out of 875 |
| Caida Securities Co., Ltd. |
33.6
High
|
683 out of 875 |
| StoneX Group, Inc. |
35.9
High
|
754 out of 875 |
| Guosheng Financial Holding Inc. |
41.1
Severe
|
872 out of 875 |
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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.
How do the ESG Risk Ratings work?
Top Material ESG Issues for Avanza Bank Holding AB
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What are Material ESG Issues?
Material ESG issues are issues that are considered to be financially material to a given company in a relevant sub-industry.
Controversy Rating
Highest Controversy level that has impacted Avanza Bank Holding AB's ESG Risk Rating in the last three years
Highest Controversy Level
Contributing Events
Highest Controversy Events Locations
