Sterling Bancorp, Inc. (Michigan)
Industry Group: Banks
Country/Region: United States of America
Identifier: NAS:SBT
Sterling Bancorp Inc is a unitary thrift holding company. Its primary business is the operation of its wholly-owned subsidiary, Sterling Bank, through which it offers a range of loan products to the residential and commercial markets, as well as retail banking services. The products and services offered by the bank include saving and current accounts, demand and term deposits, payment cards, trade finance, fund transfer, treasury and cash management. It provides services such as construction loans, residential real estate, commercial real estate, commercial lines of credit and other consumer loans.
ESG Risk Rating
Ranking
Industry Group (1st = lowest risk)
Banks 970 out of 1052
Universe
Global Universe 12917 out of 16216
What are the ESG Risk Ratings?
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Industry Comparison
Company | ESG Risk Rating | Industry Rank |
---|---|---|
FS Bancorp, Inc. |
27.5
Medium
|
627 out of 1052 |
SBI ARUHI Corp. |
30
Medium
|
814 out of 1052 |
MyState Ltd. |
31.7
High
|
919 out of 1052 |
Sterling Bancorp, Inc. (Michigan) |
32.8
High
|
970 out of 1052 |
Waterstone Financial, Inc. |
35.8
High
|
1029 out of 1052 |
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.
Sterling Bancorp, Inc. (Michigan)'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.
Sterling Bancorp, Inc. (Michigan)'s Management of ESG Material Risk is Average
How do the ESG Risk Ratings work?
Controversy Rating
Highest Controversy level that has impacted Sterling Bancorp, Inc. (Michigan)'s ESG Risk Rating in the last three years
Highest Controversy Level
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Contributing Events
![blurred controversy events](/ResourcePackages/Sustainalytics/assets/img/company-rating/cr-events-blur.jpg)
Highest Controversy Events Locations
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