Federated Hermes, Inc.
Industry Group: Diversified Financials
Country/Region: United States of America
Identifier: NYS:FHI
Federated provides asset management services for institutional and individual investors. The firm had $778.7 billion in managed assets at the end of March 2024, composed of equity (10%), multi-asset (less than 1%), fixed-income (12%), alternative (3%), and money market (74%) funds. That said, the firm's cash-management operations are expected to generate around 47% of Federated's revenue this year, compared with 29%, 13%, and 11%, respectively, for the firm's equity, fixed-income, and alternatives/multi-asset operations. From a channel perspective, the company's products are distributed via trust banks, wealth managers and retail broker/dealers (64% of AUM), institutional investors (28%), and international clients (8%).
ESG Risk Rating
Ranking
Industry Group (1st = lowest risk)
Diversified Financials 630 out of 933
Universe
Global Universe 12351 out of 16216
What are the ESG Risk Ratings?
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Industry Comparison
Company | ESG Risk Rating | Industry Rank |
---|---|---|
Artisan Partners Asset Management, Inc. |
25.3
Medium
|
354 out of 933 |
Five-Star Business Finance Ltd. |
29.5
Medium
|
518 out of 933 |
AssetMark Financial Holdings, Inc. |
29.6
Medium
|
523 out of 933 |
Federated Hermes, Inc. |
31.6
High
|
630 out of 933 |
Riot Platforms, Inc. |
37.3
High
|
898 out of 933 |
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.
Federated Hermes, 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.
Federated Hermes, Inc.'s Management of ESG Material Risk is Average