Environmental

ONB’s environmental profile is limited by a banking business model with low direct emissions, but peers face similar operational footprints, keeping relative differentiation modest.

The absence of disclosed R&D intensity and other transition metrics provides little evidence of environmental leadership, while most regional-bank peers also disclose limited climate-specific operating data.

No provided metrics indicate material environmental liabilities or capital-intensive carbon exposure, which supports parity with peers rather than a clear advantage.

Environmental risk is mainly indirect through financed emissions and climate-related credit exposure, a sector-wide issue that leaves ONB broadly in line with peers.

Social

ONB’s low stock-based compensation to revenue suggests restrained pay dilution, but this is a governance-linked labor signal rather than a strong social differentiator versus peers.

As a regional bank, ONB’s social profile depends heavily on customer treatment and community access, where peer practices are generally similar and differentiation is limited.

No provided metrics indicate elevated workforce or product-safety controversies, but the absence of positive social disclosures prevents a stronger relative score.

Social risk remains moderate because reputational sensitivity in banking is high, yet ONB appears broadly comparable to peer institutions on the available evidence.

Governance

ONB’s debt-to-equity ratio of 0.98 indicates moderate leverage, which is manageable for a bank but not clearly superior to peer balance-sheet discipline.

Net debt to EBITDA of 5.14 is less informative for banks than for industrial peers, limiting its usefulness as a governance differentiator and keeping the assessment near peer levels.

Stock-based compensation at 0.86% of revenue is relatively contained, suggesting less dilution pressure than many peers, but not enough alone to indicate strong governance leadership.

The available metrics do not show a major governance weakness, yet the lack of broader disclosure on board, risk oversight, and capital allocation limits a stronger relative score.

Overall Score

ONB’s ESG positioning is broadly in line with regional-bank peers, with limited direct environmental exposure and no clear evidence of structural ESG leadership or weakness.

Score Driver: Peer-Level ESG Profile With Modest Governance Discipline And No Material Disclosed Controversies.