Independent Bank Corp. (Massachusetts)
Industry Group: Banks
Country/Region: United States of America
Identifier: NAS:INDB
Independent Bank Corp is a bank holding company and the sole shareholder of its bank, the Rockland Trust Company. Rockland is a community-oriented commercial bank. The bank provides a variety of banking, investment and financial services, operating with various retail branches, as well as a network of commercial and residential lending centers, and investment management offices majorly in Eastern Massachusetts, Worcester County, and Rhode Island. The bank's loan portfolio constitutes the bulk of the bank's total assets. Its borrowers consist mostly of small to medium-size businesses and consumers, majority of which are made to its market area in eastern Massachusetts and Rhode Island. The bank's loan portfolio is predominantly in commercial loans.
ESG Risk Rating
Ranking
Industry Group (1st = lowest risk)
Banks 533 out of 1022
Universe
Global Universe 8567 out of 15080
What are the ESG Risk Ratings?
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Industry Comparison
Company | ESG Risk Rating | Industry Rank |
---|---|---|
BankUnited, Inc. |
25.4
Medium
|
480 out of 1022 |
Bank of Qingdao Co., Ltd. |
26
Medium
|
509 out of 1022 |
Independent Bank Corp. (Massachusetts) |
26.6
Medium
|
533 out of 1022 |
CVB Financial Corp. |
27.7
Medium
|
608 out of 1022 |
Zuger Kantonalbank AG |
27.9
Medium
|
624 out of 1022 |
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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.
Independent Bank Corp. (Massachusetts)'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.
Independent Bank Corp. (Massachusetts)'s Management of ESG Material Risk is Average
How do the ESG Risk Ratings work?
Controversy Rating
Highest Controversy level that has impacted Independent Bank Corp. (Massachusetts)'s ESG Risk Rating in the last three years
Highest Controversy Level