TowneBank
Industry Group: Banks
Country/Region: United States of America
Identifier: NAS:TOWN
Towne Bank is a financial services company that places special emphasis on serving the financial needs of individuals, commercial enterprises, and professionals, offering retail and commercial banking services to numerous markets in Virginia and North Carolina. The company has three reportable segments: Banking Segment provides loan and deposit services to retail and commercial customers and provides commercial mortgage brokerage services and investment and asset management services, and the Realty Segment provides residential real estate services and mortgage loans. It also provides resort property management and residential and commercial title insurance, and Insurance Segment provides provide a wide array of insurance products, including property, casualty, life, and health insurance.
ESG Risk Rating
Ranking
Industry Group (1st = lowest risk)
Banks 719 out of 1023
Universe
Global Universe 10200 out of 15081
What are the ESG Risk Ratings?
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Industry Comparison
| Company | ESG Risk Rating | Industry Rank |
|---|---|---|
| Bank of Georgia Group Plc |
16.2
Low
|
162 out of 1023 |
| The Bancorp, Inc. (Delaware) |
24.9
Medium
|
448 out of 1023 |
| Independent Bank Group, Inc. |
28.6
Medium
|
680 out of 1023 |
| TowneBank |
29.2
Medium
|
719 out of 1023 |
| Banco Itau Chile |
31
High
|
854 out of 1023 |
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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.