Rocket Cos., Inc.
Industry Group: Banks
Country/Region: United States of America
Identifier: NYS:RKT
Rocket Companies is a financial services company that was originally founded as Rock Financial in 1985 and is currently based in Detroit. Rocket Companies offers a wide array of services and products but is best known for its Rocket Mortgage business. The company’s mortgage lending operations are split between its direct-to-consumer lending, which sees borrowers accessing the company’s lending arm directly through either its mobile app or website, and its partner network where mortgage brokers and other firms use Rocket’s origination process to offer loans to their customers. The company has rapidly gained market share in recent years and is now the largest mortgage originator in the U.S. as well as the servicer for more than 2 million loans.
ESG Risk Rating
Ranking
Industry Group (1st = lowest risk)
Banks 489 out of 1026
Universe
Global Universe 7831 out of 15104
What are the ESG Risk Ratings?
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Industry Comparison
Company | ESG Risk Rating | Industry Rank |
---|---|---|
Federal Home Loan Mortgage Corp. |
16.7
Low
|
175 out of 1026 |
Federal Agricultural Mortgage Corp. |
25.4
Medium
|
479 out of 1026 |
Rocket Cos., Inc. |
25.6
Medium
|
489 out of 1026 |
Pathward Financial, Inc. |
27.4
Medium
|
588 out of 1026 |
Zenkoku Hosho Co., Ltd. |
28.2
Medium
|
639 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.
Rocket Cos., Inc.'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.
Rocket Cos., Inc.'s Management of ESG Material Risk is Average
How do the ESG Risk Ratings work?
Top Material ESG Issues for Rocket Cos., Inc.
Understand how exposed companies are to specific material ESG issues and how well companies are managing these issues.
What are Material ESG Issues?
Material ESG issues are issues that are considered to be financially material to a given company in a relevant sub-industry.
Controversy Rating
Highest Controversy level that has impacted Rocket Cos., Inc.'s ESG Risk Rating in the last three years
Highest Controversy Level