OceanFirst Financial Corp.
Industry Group: Banks
Country/Region: United States of America
Identifier: NAS:OCFC
OceanFirst Financial Corp is engaged in the banking sector of the United States. It conducts the business of attracting retail and business deposits and investing them in loans, consisting of single-family, owner-occupied residential mortgage loans, and commercial real estate loans. The company's sole segment deals with the delivery of loan and deposit products to customers. The bank's revenues are derived principally from interest on its loans, and to a lesser extent, interest on its investment and mortgage-backed securities. The rest of its income is dependent on bank card services and wealth management services.
ESG Risk Rating
Ranking
Industry Group (1st = lowest risk)
Banks 921 out of 1026
Universe
Global Universe 11785 out of 15104
What are the ESG Risk Ratings?
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Industry Comparison
| Company | ESG Risk Rating | Industry Rank |
|---|---|---|
| MBSB Bhd. |
20.6
Medium
|
282 out of 1026 |
| UWM Holdings Corp. |
26.6
Medium
|
533 out of 1026 |
| Can Fin Homes Ltd. |
30.5
High
|
817 out of 1026 |
| OceanFirst Financial Corp. |
32.8
High
|
921 out of 1026 |
| Brookline Bancorp, Inc. |
33.2
High
|
933 out of 1026 |
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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.
How do the ESG Risk Ratings work?
Controversy Rating
Highest Controversy level that has impacted OceanFirst Financial Corp.'s ESG Risk Rating in the last three years
Highest Controversy Level
Contributing Events
Highest Controversy Events Locations
