Canara Bank
Industry Group: Banks
Country/Region: India
Identifier: BOM:532483
Canara Bank is an India-based commercial bank. The company's core businesses consist of Retail Banking Operations which derives its key revenue, Treasury Operations, and Corporate and Wholesale Banking Operations. It conducts a broad range of banking activities serving large and midsize corporations. Its priority sector and retail sector lending business offer funding services to the priority and retail sectors, such as loans to agriculture, housing, and educational institutions. The company owns a large branch network across India, with several branches in overseas cities such as New York, London, and Dubai.
ESG Risk Rating
Ranking
Industry Group (1st = lowest risk)
Banks 860 out of 1026
Universe
Global Universe 11059 out of 15104
What are the ESG Risk Ratings?
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Industry Comparison
Company | ESG Risk Rating | Industry Rank |
---|---|---|
Santander Bank Polska SA |
16
Low
|
154 out of 1026 |
Mizrahi Tefahot Bank Ltd. |
17.8
Low
|
205 out of 1026 |
Webster Financial Corp. |
22
Medium
|
338 out of 1026 |
Shanghai Rural Commercial Bank Co., Ltd. |
26.3
Medium
|
522 out of 1026 |
Canara Bank |
31.2
High
|
860 out of 1026 |
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.
Canara Bank's Exposure is Medium
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.
Canara Bank's Management of ESG Material Risk is Average
How do the ESG Risk Ratings work?
Controversy Rating
Highest Controversy level that has impacted Canara Bank's ESG Risk Rating in the last three years
Highest Controversy Level