Southside Bancshares, Inc.
Industry Group: Banks
Country/Region: United States of America
Identifier: NYS:SBSI
Southside Bancshares Inc is a bank holding company. Through its subsidiary, the Southside Bank, it operates as a financial institution offering various financial services to individuals, businesses, municipal entities, and nonprofit organizations. These services include consumer and commercial loans, deposit accounts, wealth management and trust services, brokerage services, and safe deposit services. The company's primary market areas are East Texas, Southeast Texas, and the greater Dallas-Fort Worth, Austin, and Houston, Texas.
ESG Risk Rating
Ranking
Industry Group (1st = lowest risk)
Banks 402 out of 1041
Universe
Global Universe 6488 out of 15201
What are the ESG Risk Ratings?
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Industry Comparison
| Company | ESG Risk Rating | Industry Rank |
|---|---|---|
| Southside Bancshares, Inc. |
23.9
Medium
|
402 out of 1041 |
| Univest Financial Corp. |
28.9
Medium
|
671 out of 1041 |
| Hokkoku Financial Holdings, Inc. |
29.6
Medium
|
716 out of 1041 |
| Tompkins Financial Corp. |
31.1
High
|
809 out of 1041 |
| Burke Herbert Financial Services Corp. |
34.7
High
|
959 out of 1041 |
For corporate professionals interested in direct competitor insights
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.
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.
