ChoiceOne Financial Services IncChoiceOne Financial Services Inc - ESG Rating & Company Profile powered by AI

Industry Group:Banks

The webpage of ChoiceOne Financial Services Inc was assembled by All Street Sevva using proprietary AI. Detailed ESG analysis of ChoiceOne Financial Services Inc can be accessed by logging in. The webpage contains a free Environmental, Social and Governance report for ChoiceOne Financial Services Inc.

ChoiceOne Financial Services Inc in the Banks industry gained a UN SDG ESG Transparency Score of 0.5; made up of an environmental score of 0.0, social score of 1.6 and governance score of 0.0.

SDG Transparency Score for ChoiceOne Financial Services Inc 

0.5

Low Impact
0 - 3
Medium
4 - 6
High
7 - 10
Last Score Update: 2024-05-01
What drives the score for ChoiceOne Financial Services Inc 
0.0

Environmental

1.6

Social

0.0

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
1Landesbank Baden Wuerttemberg
9.5
High
2UniCredit Bank AG
9.0
High
.........
1752Shahjalal Islami Bank Ltd
0.7
Low
1752Taipei Star Bank
0.7
Low
1768ChoiceOne Financial Services Inc
0.5
Low
1768CW Bancorp
0.5
Low
1768California Bancshares Inc
0.5
Low
1885sakartvelos bank'i ss
0.0
Low
1885AlphaCredit Capital, S.A. de C.V.
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 ChoiceOne Financial Services Inc have an accelerator or VC vehicle to help deliver innovation?

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Does ChoiceOne Financial Services Inc disclose current and historical energy intensity?

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Does ChoiceOne Financial Services Inc report the average age of the workforce?

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Does ChoiceOne Financial Services Inc reference operational or capital allocation in relation to climate change?

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Does ChoiceOne Financial Services Inc disclose its ethnicity pay gap?

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Does ChoiceOne Financial Services Inc disclose cybersecurity risks?

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Does ChoiceOne Financial Services Inc offer flexible work?

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

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Does ChoiceOne Financial Services Inc disclose the number of employees in R&D functions?

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Does ChoiceOne Financial Services Inc conduct supply chain audits?

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Does ChoiceOne Financial Services Inc 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 ChoiceOne Financial Services Inc conduct 360 degree staff reviews?

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Does ChoiceOne Financial Services Inc disclose the individual responsible for D&I?

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Does ChoiceOne Financial Services Inc 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 ChoiceOne Financial Services Inc disclose current and / or historical scope 2 emissions?

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Does ChoiceOne Financial Services Inc disclose water use targets?

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Does ChoiceOne Financial Services Inc have careers partnerships with academic institutions?

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Did ChoiceOne Financial Services Inc have a product recall in the last two years?

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Does ChoiceOne Financial Services Inc disclose incidents of discrimination?

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Does ChoiceOne Financial Services Inc allow for Work Councils/Collective Agreements to be formed?

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Has ChoiceOne Financial Services Inc issued a profit warning in the past 24 months?

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Does ChoiceOne Financial Services Inc disclose parental leave metrics?

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Does ChoiceOne Financial Services Inc disclose climate scenario or pathway analysis?

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Does ChoiceOne Financial Services Inc disclose current and / or historical scope 1 emissions?

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Are Operating Expesnses linked to emissions reduction?

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Does ChoiceOne Financial Services Inc disclose the pay ratio of women to men?

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Does ChoiceOne Financial Services Inc support suppliers with sustainability related research and development?

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Does ChoiceOne Financial Services Inc disclose the number of operations that have been subject to human rights reviews or human rights impact assessments?

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Does ChoiceOne Financial Services Inc 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 ChoiceOne Financial Services Inc involved in embryonic stem cell research?

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Does ChoiceOne Financial Services Inc disclose GHG and Air Emissions intensity?

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Does ChoiceOne Financial Services Inc disclose its waste policy?

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Does ChoiceOne Financial Services Inc report according to TCFD requirements?

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Does ChoiceOne Financial Services Inc disclose its policies for bribery, corruption, whistle-blower, conflict of interest?

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Does ChoiceOne Financial Services Inc disclose energy use targets?

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Does ChoiceOne Financial Services Inc disclose its Renewable Energy targets?

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Are emissions metrics verified by STBi?

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Does ChoiceOne Financial Services Inc have a policy relating to cyber security?

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Potential Risks for ChoiceOne Financial Services Inc
These potential risks are based on the size, segment and geographies of the company.

ChoiceOne Financial Services, Inc. operates as the bank holding company for ChoiceOne Bank that provides community banking services to corporations, partnerships, and individuals in Michigan. The company offers various deposit products, including time, savings, and demand deposits, safe deposit, and automated transaction machine services. It also provides commercial loans, such as business, industry, agricultural, construction, inventory, and real estate loans; and consumer loans comprising direct and indirect loans to consumers and purchasers of residential and real properties. In addition, the company offers safe deposit and automated transaction machine services; and alternative investment products, including annuities and mutual funds, as well as sells insurance policies, such as life and health for commercial and consumer clients. It operates 32 full-service offices in Kent, Muskegon, Newaygo, and Ottawa, Lapeer, Macomb, and St. Clair counties, Michigan. The company also operates three loan production offices. ChoiceOne Financial Services, Inc. was founded in 1898 and is headquartered in Sparta, Michigan.

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