SpareBank 1 SMN
Industry Group: Banks
Country/Region: Norway
Identifier: OSL:MING
SpareBank 1 SMN is a regional bank offering retail and corporate banking services and principally operating in Norway. The bank is among the owners of the SpareBank 1 Alliance. A key element of the bank's is to maintain a variety of office solutions in municipal and administrative centers where the bank's customers are drawn. The bank is also making a push into digital banking channels via the Internet and mobile banking. The bank's credit is heavily exposed to the real estate, construction, sea farming, agriculture, fisheries, shipbuilding, offshore, and retail industries, as well as the public and energy sectors. The bank's income is split nearly evenly between net interest income and net fees and commission income.
ESG Risk Rating
Ranking
Industry Group (1st = lowest risk)
Banks 255 out of 1027
Universe
Global Universe 3967 out of 15110
What are the ESG Risk Ratings?
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Industry Comparison
| Company | ESG Risk Rating | Industry Rank |
|---|---|---|
| SpareBank 1 SMN |
19.5
Low
|
255 out of 1027 |
| Trustmark Corp. |
27
Medium
|
555 out of 1027 |
| Banco Itau Chile |
28.2
Medium
|
635 out of 1027 |
| Hirogin Holdings, Inc. |
28.7
Medium
|
683 out of 1027 |
| WesBanco, Inc. |
37.3
High
|
1005 out of 1027 |
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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?
Top Material ESG Issues for SpareBank 1 SMN
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Controversy Rating
Highest Controversy level that has impacted SpareBank 1 SMN's ESG Risk Rating in the last three years
Highest Controversy Level
Contributing Events
Highest Controversy Events Locations
