Southern States Bancshares Inc - ESG Rating & Company Profile powered by AI
The article includes a Q&A section about Southern States Bancshares Inc. This ESG rating for Southern States Bancshares Inc represents the company's transparency towards the UN Sustainable Development Goals. This Disclosure score covers 17 UN SDGs including: 'Zero Hunger', 'Climate Action' and 'Peace, Justice & Strong Institutions'.
Southern States Bancshares Inc in the Banks industry gained a UN SDG ESG Transparency Score of 1.1; made up of an environmental score of 0.0, social score of 0.0 and governance score of 3.2.
1.1
Low ImpactEnvironmental
Social
Governance

Peer Group Comparison
Rank | Company | SDG Transparency Score ⓘ | Performance |
---|---|---|---|
1 | Landesbank Baden Wuerttemberg | 9.5 | High |
2 | UniCredit Bank AG | 9.0 | High |
... | ... | ... | |
1587 | Uttara Bank Ltd | 1.2 | Low |
1587 | Wayne Savings Bancshares Inc | 1.2 | Low |
1616 | Southern States Bancshares Inc | 1.1 | Low |
1616 | Cal Bank Ltd | 1.1 | Low |
1616 | CB Financial Services Inc | 1.1 | Low |
1885 | sakartvelos bank'i ss | 0.0 | Low |
1885 | AlphaCredit Capital, S.A. de C.V. | 0.0 | Low |
... | ... | ... |

Frequently Asked Questions
Does Southern States Bancshares Inc have an accelerator or VC vehicle to help deliver innovation?
Does Southern States Bancshares Inc disclose current and historical energy intensity?
Does Southern States Bancshares Inc report the average age of the workforce?
Does Southern States Bancshares Inc reference operational or capital allocation in relation to climate change?
Does Southern States Bancshares Inc disclose its ethnicity pay gap?
Does Southern States Bancshares Inc disclose cybersecurity risks?
Does Southern States Bancshares Inc offer flexible work?
Does Southern States Bancshares Inc have a long term incentive (LTI) executive compensation plan based on a measure of return on capital?
Does Southern States Bancshares Inc disclose the number of employees in R&D functions?
Does Southern States Bancshares Inc conduct supply chain audits?
Does Southern States Bancshares Inc disclose incidents of non-compliance in relation to the health and safety impacts of products and services?
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')
Does Southern States Bancshares Inc conduct 360 degree staff reviews?
Does Southern States Bancshares Inc disclose the individual responsible for D&I?
Does Southern States Bancshares Inc disclose current and historical air emissions?
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')
Is executive remuneration linked to climate performance?
Does the Board describe its role in the oversight of climate-related risks and opportunities?
Does Southern States Bancshares Inc disclose current and / or historical scope 2 emissions?
Does Southern States Bancshares Inc disclose water use targets?
Does Southern States Bancshares Inc have careers partnerships with academic institutions?
Did Southern States Bancshares Inc have a product recall in the last two years?
Does Southern States Bancshares Inc disclose incidents of discrimination?
Does Southern States Bancshares Inc allow for Work Councils/Collective Agreements to be formed?
Has Southern States Bancshares Inc issued a profit warning in the past 24 months?
Does Southern States Bancshares Inc disclose parental leave metrics?
Does Southern States Bancshares Inc disclose climate scenario or pathway analysis?
Does Southern States Bancshares Inc disclose current and / or historical scope 1 emissions?
Are Operating Expesnses linked to emissions reduction?
Does Southern States Bancshares Inc disclose the pay ratio of women to men?
Does Southern States Bancshares Inc support suppliers with sustainability related research and development?
Does Southern States Bancshares Inc disclose the number of operations that have been subject to human rights reviews or human rights impact assessments?
Does Southern States Bancshares Inc reflect climate-related risks in its financial statements?
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,')
Is Southern States Bancshares Inc involved in embryonic stem cell research?
Does Southern States Bancshares Inc disclose GHG and Air Emissions intensity?
Does Southern States Bancshares Inc disclose its waste policy?
Does Southern States Bancshares Inc report according to TCFD requirements?
Does Southern States Bancshares Inc disclose its policies for bribery, corruption, whistle-blower, conflict of interest?
Does Southern States Bancshares Inc disclose energy use targets?
Does Southern States Bancshares Inc disclose its Renewable Energy targets?

Are emissions metrics verified by STBi?

Does Southern States Bancshares Inc have a policy relating to cyber security?
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Potential Risks for Southern States Bancshares Inc
These potential risks are based on the size, segment and geographies of the company.
Southern States Bancshares, Inc. operates as the bank holding company for Southern States Bank that provides community banking services to businesses and individuals. It offers various deposit products, such as savings, money market, and noninterest-bearing demand accounts; certificates of deposit; and time deposits. The company also provides real estate loan products, which include loans for real estate construction and development, residential mortgages, and commercial real estate mortgage loans; commercial and industrial loans; and direct consumer installment loans, overdrafts, and other revolving credit loans. In addition, it offers online and mobile banking, and ATM services. The company operates 15 offices in Alabama and Georgia, as well as a loan production office in Atlanta, Georgia. Southern States Bancshares, Inc. was founded in 2007 and is headquartered in Anniston, Alabama.