Altair Engineering, Inc.
Industry Group: Software & Services
Country/Region: United States of America
Identifier: NAS:ALTR
Altair Engineering Inc is a provider of enterprise-class engineering software enabling origination of the entire product lifecycle from concept design to in-service operation. The integrated suite of software provided by the company optimizes design performance across multiple disciplines encompassing structures, motion, fluids, thermal management, system modeling, and embedded systems. It operates through two segments: Software which includes the portfolio of software products such as solvers and optimization technology products, modeling and visualization tools, industrial and concept design tools, and others; and Client Engineering Services which provides client engineering services to support customers. Majority of its revenue comes from the software segment.
ESG Risk Rating
Ranking
Industry Group (1st = lowest risk)
Software & Services 718 out of 962
Universe
Global Universe 7540 out of 15080
What are the ESG Risk Ratings?
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Industry Comparison
Company | ESG Risk Rating | Industry Rank |
---|---|---|
The Descartes Systems Group, Inc. |
13.8
Low
|
46 out of 962 |
Confluent, Inc. |
17.9
Low
|
229 out of 962 |
Gitlab, Inc. |
21.1
Medium
|
426 out of 962 |
Altair Engineering, Inc. |
24.9
Medium
|
718 out of 962 |
Aurora Innovation, Inc. |
26.1
Medium
|
795 out of 962 |
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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.
Altair Engineering, Inc.'s Exposure is Medium
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.
Altair Engineering, Inc.'s Management of ESG Material Risk is Average