OceanFirst Financial CorpOceanFirst Financial Corp - ESG Rating & Company Profile powered by AI

Industry Group:Banks

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OceanFirst Financial Corp in the Banks industry gained a UN SDG ESG Transparency Score of 6.3; made up of an environmental score of 4.6, social score of 7.0 and governance score of 6.0.

SDG Transparency Score for OceanFirst Financial Corp 
Low
0 - 3

6.3

Medium Impact
4 - 6
High
7 - 10
Last Score Update: 2023-07-01
What drives the score for OceanFirst Financial Corp 
4.6

Environmental

7.0

Social

6.0

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
1UniCredit Bank Austria AG
9.5
High
618Sahara Housingfina Corporation Ltd
6.4
High
618Zuger Kantonalbank
6.4
High
643OceanFirst Financial Corp
6.3
High
643Banco BICE
6.3
High
643Banco Pichincha CA
6.3
High
.........
2219sakartvelos bank'i ss
0.0
Low
2219AlphaCredit Capital, S.A. de C.V.
0.0
Low
.........
View the full peer group of 2920 companies on the SEVVA platformSign up for free
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

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Is executive remuneration linked to climate performance?

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Does OceanFirst Financial Corp disclose climate scenario or pathway analysis?

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

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Is OceanFirst Financial Corp involved in embryonic stem cell research?

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Does OceanFirst Financial Corp disclose GHG and Air Emissions intensity?

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Does OceanFirst Financial Corp report according to TCFD requirements?

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Does OceanFirst Financial Corp disclose energy use targets?

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Does OceanFirst Financial Corp disclose its Renewable Energy targets?

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Are emissions metrics verified by STBi?

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

OceanFirst Financial Corp. operates as the bank holding company for OceanFirst Bank N.A. that provides community banking services. It accepts money market accounts, savings accounts, interest-bearing checking accounts, non-interest-bearing demand deposits, and time deposits to retail, government, and business customers. The company also offers commercial real estate, multi-family, land loans, construction, and commercial and industrial loans; fixed-rate and adjustable-rate mortgage loans that are secured by one-to-four family residences; and consumer loans, such as home equity loans and lines of credit, student loans, overdraft line of credit, loans on savings accounts, and other consumer loans. In addition, it invests in mortgage-backed securities, securities issued by the U.S. Government and agencies, corporate securities, and other investments. Further, the company offers bankcard, wealth management, and trust and asset management services; and sells alternative investment products and life insurance products. As of December 31, 2021, it operated through its branch office in Toms River; administrative office located in Red Bank and Mount Laurel; 46 additional branch offices and four deposit production facilities located throughout central and southern New Jersey; and commercial loan production offices in New Jersey, New York City, the Philadelphia area, Baltimore, and Boston. The company was founded in 1902 and is based in Red Bank, New Jersey.

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