Blue Foundry Bancorp
Industry Group: Banks
Country/Region: United States of America
Identifier: NAS:BLFY
Blue Foundry Bancorp is a full-service bank. Its business consists of originating one-to-four-family residential, multi-family, and non-residential real estate mortgages, home equity loans and lines of credit, and commercial and industrial loans. It attracts retail deposits from the general public in the areas surrounding its banking offices, through its borrowers, and through its online presence, offering a wide variety of deposit products. The bank also invests in securities. Its revenues are derived from interest on loans and, to a lesser extent, interest on mortgage-backed and other investment securities. The company's sources of funds are deposits, principal, and interest payments on loans, securities, and borrowings from the Federal Home Loan Bank of New York.
ESG Risk Rating
Ranking
Industry Group (1st = lowest risk)
Banks 915 out of 1052
Universe
Global Universe 12350 out of 16216
What are the ESG Risk Ratings?
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Industry Comparison
| Company | ESG Risk Rating | Industry Rank |
|---|---|---|
| Australian Finance Group Ltd. |
26
Medium
|
518 out of 1052 |
| HomeStreet, Inc. |
27.3
Medium
|
606 out of 1052 |
| Ponce Financial Group, Inc. |
29.5
Medium
|
782 out of 1052 |
| Blue Foundry Bancorp |
31.6
High
|
915 out of 1052 |
| Timberland Bancorp, Inc. (Washington) |
32.5
High
|
958 out of 1052 |
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.
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?
Controversy Rating
Highest Controversy level that has impacted Blue Foundry Bancorp's ESG Risk Rating in the last three years
Highest Controversy Level
Contributing Events
Highest Controversy Events Locations
