Heritage Financial Corp. (Washington)
Industry Group: Banks
Country/Region: United States of America
Identifier: NAS:HFWA
Heritage Financial Corp is a bank holding company. The company through its subsidiary provides commercial lending and deposit relationships with small businesses and their owners in its market areas and attracts deposits from the general public. It accepts various deposit products, such as noninterest demand accounts, money market accounts, savings accounts, and certificates of deposit. Besides, the Bank also makes real estate construction loans, land development loans, and consumer loans, and originates first mortgage loans on residential properties mainly located in its market area. Geographically, all the business activity functions through the region of the United States.
ESG Risk Rating
Ranking
Industry Group (1st = lowest risk)
Banks 487 out of 1027
Universe
Global Universe 7768 out of 15120
What are the ESG Risk Ratings?
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Industry Comparison
Company | ESG Risk Rating | Industry Rank |
---|---|---|
Heritage Financial Corp. (Washington) |
25.6
Medium
|
487 out of 1027 |
Metro Bank Holdings Plc |
28.7
Medium
|
681 out of 1027 |
Aichi Financial Group, Inc. |
29.6
Medium
|
741 out of 1027 |
Equitas Small Finance Bank Ltd. |
29.6
Medium
|
747 out of 1027 |
Lakeland Bancorp, Inc. |
30.5
High
|
818 out of 1027 |
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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.
Heritage Financial Corp. (Washington)'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.
Heritage Financial Corp. (Washington)'s Management of ESG Material Risk is Average