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 536 out of 1030
Universe
Global Universe 8361 out of 15067
What are the ESG Risk Ratings?
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Industry Comparison
| Company | ESG Risk Rating | Industry Rank |
|---|---|---|
| O-Bank Co. Ltd. |
7.3
Negligible
|
16 out of 1030 |
| Heritage Financial Corp. (Washington) |
26.7
Medium
|
536 out of 1030 |
| Northeast Bank (Maine) |
28.9
Medium
|
664 out of 1030 |
| PT Allo Bank Indonesia Tbk |
29.4
Medium
|
701 out of 1030 |
| Lakeland Bancorp, Inc. |
30.5
High
|
789 out of 1030 |
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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.