ChoiceOne Financial Services, Inc.
Industry Group: Banks
Country/Region: United States of America
Identifier: NAS:COFS
ChoiceOne Financial Services Inc is a full-service banking institution. It is engaged in the business of providing personal and business banking solutions, borrowing solutions, and treasury notes and bonds services. The bank's product and services portfolio consist of time, savings and demand deposits, safe deposit services, automated transaction machine services, commercial and consumer loans, commercial lending to business, industry, agricultural, construction, inventory, and real estate categories. Its primary market area is Kent, Muskegon, Newaygo, and Ottawa counties in western Michigan, and Lapeer, Macomb, and St. Clair counties in southeastern Michigan in the communities where the Bank's respective offices are located.
ESG Risk Rating
Ranking
Industry Group (1st = lowest risk)
Banks 816 out of 1027
Universe
Global Universe 10723 out of 15120
What are the ESG Risk Ratings?
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Industry Comparison
Company | ESG Risk Rating | Industry Rank |
---|---|---|
Colony Bankcorp, Inc. |
27.8
Medium
|
614 out of 1027 |
ChoiceOne Financial Services, Inc. |
30.5
High
|
816 out of 1027 |
Pioneer Bancorp, Inc. (New York) |
31.8
High
|
876 out of 1027 |
Orange County Bancorp, Inc. |
34.5
High
|
958 out of 1027 |
Southern First Bancshares, Inc. |
36.8
High
|
1000 out of 1027 |
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.
ChoiceOne Financial Services, Inc.'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.
ChoiceOne Financial Services, Inc.'s Management of ESG Material Risk is Average