Veritex Holdings IncVeritex Holdings Inc - ESG Rating & Company Profile powered by AI

Industry Group:Banks

If you work at Veritex Holdings Inc and you wish to licence your Sustainability aseessment, please contact us. The analysis of Veritex Holdings Inc incorporates information from across the internet as well as from available documents by Veritex Holdings Inc. This ESG score includes seventeen United Nations SDGs including: 'Good Health & Wellbeing', 'Industry, Innovation & Infrastructure' and 'Peace, Justice & Strong Institutions'.

Veritex Holdings Inc in the Banks industry gained a UN SDG ESG Transparency Score of 1.7; made up of an environmental score of 0.0, social score of 2.3 and governance score of 2.7.

SDG Transparency Score for Veritex Holdings Inc 

1.7

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

Environmental

2.3

Social

2.7

Governance

Peer Group Comparison

RankCompanySDG Transparency Score Performance
1Landesbank Baden Wuerttemberg
9.5
High
2UniCredit Bank AG
9.0
High
.........
1422Umpqua Holdings Corp
1.8
Low
1422United American Savings Bank
1.8
Low
1455Veritex Holdings Inc
1.7
Low
1455Capital City Bank Group Inc
1.7
Low
1455Central Pacific Financial Corp
1.7
Low
1885sakartvelos bank'i ss
0.0
Low
1885AlphaCredit Capital, S.A. de C.V.
0.0
Low
.........

Frequently Asked Questions

Does Veritex Holdings Inc have an accelerator or VC vehicle to help deliver innovation?
Does Veritex Holdings Inc disclose current and historical energy intensity?
Does Veritex Holdings Inc report the average age of the workforce?
Does Veritex Holdings Inc reference operational or capital allocation in relation to climate change?
Does Veritex Holdings Inc disclose its ethnicity pay gap?
Does Veritex Holdings Inc disclose cybersecurity risks?
Does Veritex Holdings Inc use carbon offsets or credits exclusively for residual emissions (typically less than ~0.5–5% of total emissions)?
Does Veritex Holdings Inc offer flexible work?
Does Veritex Holdings Inc have a long term incentive (LTI) executive compensation plan based on a measure of return on capital?
Does Veritex Holdings Inc disclose the number of employees in R&D functions?
Does Veritex Holdings Inc plan to change its portfolio composition to lower the emissions intensity of its energy mix (e.g., by shifting from oil to gas, or by adding lower-carbon options like hydrogen, e-fuels, bioenergy, etc.)?
Does Veritex Holdings Inc conduct supply chain audits?
Does Veritex Holdings 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 Veritex Holdings Inc conduct 360 degree staff reviews?
Does Veritex Holdings Inc disclose the individual responsible for D&I?
Does Veritex Holdings 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 Veritex Holdings Inc disclose current and / or historical scope 2 emissions?
Does Veritex Holdings Inc disclose water use targets?
Does Veritex Holdings Inc have careers partnerships with academic institutions?
Did Veritex Holdings Inc have a product recall in the last two years?
Does Veritex Holdings Inc disclose incidents of discrimination?
Does Veritex Holdings Inc allow for Work Councils/Collective Agreements to be formed?
Has Veritex Holdings Inc issued a profit warning in the past 24 months?
Does Veritex Holdings Inc disclose parental leave metrics?
Does Veritex Holdings Inc disclose climate scenario or pathway analysis?
Does Veritex Holdings Inc disclose current and / or historical scope 1 emissions?
Does Veritex Holdings Inc explicitly state that carbon offsets or credits are separate from its emissions-reduction progress or that they are not counted toward its emissions-reduction targets?
Are Operating Expesnses linked to emissions reduction?
Does Veritex Holdings Inc disclose the pay ratio of women to men?
Does Veritex Holdings Inc support suppliers with sustainability related research and development?
Does Veritex Holdings Inc disclose the number of operations that have been subject to human rights reviews or human rights impact assessments?
Does Veritex Holdings 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 Veritex Holdings Inc involved in embryonic stem cell research?
Does Veritex Holdings Inc disclose GHG and Air Emissions intensity?
Does Veritex Holdings Inc disclose its waste policy?
Does Veritex Holdings Inc report according to TCFD requirements?
Does Veritex Holdings Inc plan to mitigate emissions from future new production assets through measures such as electrifying equipment, carbon capture and storage, repurposing waste gas, methane leak detection and repair, eliminating flaring, etc.?
Does Veritex Holdings Inc disclose its policies for bribery, corruption, whistle-blower, conflict of interest?
Does Veritex Holdings Inc disclose energy use targets?
Does Veritex Holdings Inc disclose its Renewable Energy targets?
Are emissions metrics verified by STBi?
Does Veritex Holdings Inc have a policy relating to cyber security?

Potential Risks for Veritex Holdings Inc
These potential risks are based on the size, segment and geographies of the company.

Veritex Holdings, Inc. operates as the bank holding company for Veritex Community Bank that provides various commercial banking products and services to small and medium-sized businesses, and professionals. The company accepts deposit products include demand, savings, money market, and time accounts. Its loan products include commercial real estate and general commercial, mortgage warehouse loans, residential real estate, construction and land, farmland, consumer, paycheck protection program, 1-4 family residential, agricultural, multi-family residential, and consumer loans, as well as purchased receivables financing. The company also provides interest rate swap services; and a range of online banking solutions, such as access to account balances, online transfers, online bill payment and electronic delivery of customer statements, and ATMs, as well as mobile banking, mail, and personal appointment. In addition, it offers debit cards, night depository services, direct deposits, cashier's checks, and letters of credit; treasury management services, including balance reporting, transfers between accounts, wire transfer initiation, automated clearinghouse origination, and stop payments; and cash management deposit products and services consisting of lockbox, remote deposit capture, positive pay, reverse positive pay, account reconciliation services, zero balance accounts, and sweep accounts. As of December 31, 2021, the company operated 18 full-service branches located in the Dallas-Fort Worth metroplex, and 10 full-service branches in the Houston metropolitan area. Veritex Holdings, Inc. was incorporated in 2009 and is headquartered in Dallas, Texas.

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