Alerus Financial CorpAlerus Financial Corp - ESG Rating & Company Profile powered by AI

Industry Group:Diversified Financial Services

This SDG assessment for Alerus Financial Corp represents the company's reporting of the UN Sustainable Development Goals. Jump to the end of the webpage for potential risks for Alerus Financial Corp based on sector, geography and size. If you work at Alerus Financial Corp and you wish to use your ESG rating, please get in touch.

Alerus Financial Corp in the Diversified Financial Services industry gained a UN SDG ESG Transparency Score of 2.6; made up of an environmental score of 2.7, social score of 2.3 and governance score of 2.7.

SDG Transparency Score for Alerus Financial Corp 

2.6

Low Impact
0 - 3
Medium
4 - 6
High
7 - 10
Last Score Update: 2024-05-01
What drives the score for Alerus Financial Corp 
2.7

Environmental

2.3

Social

2.7

Governance

Detailed ESG Breakdown
SEVVA Platform offers unique drill down to the underlying sources powering the ratings. Break down your ESG analysis by 17 UN SDGs and 8 additional governance factors.

Peer Group Comparison

RankCompanySDG Transparency Score Performance
1Casa de Bolsa Ve por Mas SA de CV Grupo Financiero Ve por Mas
8.0
High
1Banco do Nordeste do Brasil SA
8.0
High
.........
258Shikhar Leasing and Trading Ltd
2.7
Medium
258Viji Finance Ltd
2.7
Medium
271Alerus Financial Corp
2.6
Medium
271CSSC Hong Kong Shipping Co Ltd
2.6
Medium
273Fuyo General Lease Co Ltd
2.5
Medium
.........
388Zhong Ji Longevity Science Group Ltd
0.0
Low
388Ziyuanyuan Holdings Group Ltd
0.0
Low
.........
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Peer Companies Benchmark
SEVVA Platform benchmarks each company against a peer group. View the full score distribution for peers by logging into SEVVA

Frequently Asked Questions

Does Alerus Financial Corp have an accelerator or VC vehicle to help deliver innovation?

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Does Alerus Financial Corp disclose current and historical energy intensity?

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Does Alerus Financial Corp reference operational or capital allocation in relation to climate change?

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Does Alerus Financial Corp disclose its ethnicity pay gap?

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Does Alerus Financial Corp disclose cybersecurity risks?

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Does Alerus Financial Corp offer flexible work?

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Does Alerus Financial Corp have a long term incentive (LTI) executive compensation plan based on a measure of return on capital?

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Does Alerus Financial Corp disclose the number of employees in R&D functions?

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Does Alerus Financial Corp conduct supply chain audits?

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Does Alerus Financial Corp disclose incidents of non-compliance in relation to the health and safety impacts of products and services?

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Is there a statment that there is no plan to expand their cement production? (for example: 'We have no current plans to add additional cement making capacity')

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Does Alerus Financial Corp conduct 360 degree staff reviews?

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Does Alerus Financial Corp disclose the individual responsible for D&I?

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Does Alerus Financial Corp disclose current and historical air emissions?

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Is there a statment that there is no plan to expand their coal usage? (for example: 'We have no current plans to add additional coal powered electricity generation')

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Is executive remuneration linked to climate performance?

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Does the Board describe its role in the oversight of climate-related risks and opportunities?

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Does Alerus Financial Corp disclose current and / or historical scope 2 emissions?

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Does Alerus Financial Corp have careers partnerships with academic institutions?

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Did Alerus Financial Corp have a product recall in the last two years?

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Does Alerus Financial Corp disclose incidents of discrimination?

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Has Alerus Financial Corp issued a profit warning in the past 24 months?

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Does Alerus Financial Corp disclose parental leave metrics?

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Does Alerus Financial Corp disclose climate scenario or pathway analysis?

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Does Alerus Financial Corp disclose current and / or historical scope 1 emissions?

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Are Operating Expesnses linked to emissions reduction?

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Does Alerus Financial Corp disclose the pay ratio of women to men?

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Does Alerus Financial Corp support suppliers with sustainability related research and development?

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Does Alerus Financial Corp disclose the number of operations that have been subject to human rights reviews or human rights impact assessments?

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Does Alerus Financial Corp reflect climate-related risks in its financial statements?

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Is there a statment that there is no plan to expand their carbon intensite energy assets? (for example: 'We have no current plans to carry out further drilling for oil,')

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Is Alerus Financial Corp involved in embryonic stem cell research?

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Does Alerus Financial Corp disclose GHG and Air Emissions intensity?

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Does Alerus Financial Corp report according to TCFD requirements?

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Does Alerus Financial Corp disclose energy use targets?

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Does Alerus Financial Corp disclose its Renewable Energy targets?

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Are emissions metrics verified by STBi?

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Potential Risks for Alerus Financial Corp
These potential risks are based on the size, segment and geographies of the company.

Alerus Financial Corporation, through its subsidiary, Alerus Financial, National Association, provides various financial services to businesses and consumers. The company operates in four segments: Banking, Retirement and Benefit Services, Wealth Management, and Mortgage. It offers various deposit products, including demand deposits, interest-bearing transaction accounts, money market accounts, time and savings deposits, checking accounts, and certificates of deposit; and treasury management products, including electronic receivables management, remote deposit capture, cash vault services, merchant services, and other cash management services. The company also provides commercial loans, business term loans, lines of credit, and commercial real estate loans, as well as construction and land development loans; consumer lending products, including residential first mortgage loans; installment loans and lines of credit; and second mortgage loans. In addition, it offers retirement plan administration and investment advisory services, employee stock ownership plan, fiduciary services, payroll, health savings accounts, and other benefit services, as well as individual retirement accounts; and financial planning, investment management, personal and corporate trust, estate administration, and custody services. Further, the company provides debit and credit cards, online banking, mobile banking/wallet, payment, private banking, payroll accounts, flex spending accounts, administration, and government health insurance program services. It offers banking services through fourteen offices in North Dakota, Minnesota, and Arizona; and retirement and benefit plans in 50 states through offices located in Michigan, Minnesota, and Colorado. The company was formerly known as First National Bank North Dakota and changed its name to Alerus Financial Corporation in 2000. Alerus Financial Corporation was founded in 1879 and is headquartered in Grand Forks, North Dakota.

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