Align Technology, Inc.
Industry Group: Healthcare
Country/Region: United States of America
Identifier: NAS:ALGN
Align Technology is the leading manufacturer of clear aligners. Invisalign, its main product, was approved by the Food and Drug Administration in 1998 and has since dominated, controlling over 90% of the market. Invisalign can treat roughly 90% of all malocclusion cases (misaligned teeth), and there are over 230,000 Invisalign-trained dentists and orthodontists. In 2022, Invisalign treated over 2 million cases, or roughly 10% of all orthodontic cases for the year, and it has treated over 14 million patients since its launch. Align also sells intraoral scanners under the brand iTero, which captures digital impressions of patients’ teeth and illustrates treatment plans. Over 85% of Invisalign cases are submitted by digital scans, and iTero scans make up over half of these scans.
ESG Risk Rating
Ranking
Industry Group (1st = lowest risk)
Healthcare 107 out of 588
Universe
Global Universe 3596 out of 15061
What are the ESG Risk Ratings?
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Industry Comparison
Company | ESG Risk Rating | Industry Rank |
---|---|---|
The Cooper Cos., Inc. |
14.7
Low
|
40 out of 588 |
Imeik Technology Development Co., Ltd. |
15.5
Low
|
52 out of 588 |
West Pharmaceutical Services, Inc. |
18
Low
|
90 out of 588 |
Align Technology, Inc. |
18.6
Low
|
107 out of 588 |
Penumbra, Inc. |
19.3
Low
|
122 out of 588 |
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Our Approach to Calculating ESG Risk
The ESG Risk Ratings measure a company's exposure to industry-specific material ESG risks and how well a company is managing those risks.
Exposure
Exposure refers to the extent to which a company is exposed to different material ESG issues. Our exposure score takes into consideration subindustry and company-specific factors such as its business model.
Align Technology, Inc.'s Exposure is Low
Management
Management refers to how well a company is managing its relevant ESG issues. Our management score assesses the robustness of a company's ESG programs, practices and policies.
Align Technology, Inc.'s Management of ESG Material Risk is Average
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Top Material ESG Issues for Align Technology, Inc.
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Controversy Rating
Highest Controversy level that has impacted Align Technology, Inc.'s ESG Risk Rating in the last three years
Highest Controversy Level