Macatawa Bank Corp.
Industry Group: Banks
Country/Region: United States of America
Identifier: -
Macatawa Bank Corp is the United states based holding company of Macatawa Bank. The Bank operates in twenty-six branch offices and a lending and operational service facility, providing a range of commercial and consumer banking and trust services in Kent County, Ottawa County, and northern Allegan County, Michigan. It also provides a range of loan products to business customers, including commercial and industrial and commercial real estate loans, and to retail customers, including residential mortgage and consumer loans. In addition, other services provided by the company includes internet banking, debit cards services and brokerage services. The Company’s primary sources of revenue are derived from interest and dividends earned on loans, securities and other financial instruments.
ESG Risk Rating
Ranking
Industry Group (1st = lowest risk)
Banks 652 out of 1022
Universe
Global Universe 9657 out of 15080
What are the ESG Risk Ratings?
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Industry Comparison
| Company | ESG Risk Rating | Industry Rank |
|---|---|---|
| Farmers National Banc Corp. |
27
Medium
|
558 out of 1022 |
| First Financial Corp. (Indiana) |
27.6
Medium
|
598 out of 1022 |
| Macatawa Bank Corp. |
28.3
Medium
|
652 out of 1022 |
| Alerus Financial Corp. |
29.8
Medium
|
767 out of 1022 |
| TOMONY Holdings, Inc. |
31.6
High
|
874 out of 1022 |
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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.