Avid Technology, Inc.
Industry Group: Technology Hardware
Country/Region: United States of America
Identifier: -
Avid Technology Inc develops and sells software and hardware for digital media production and management. Its products are used in production, film studios, cable television stations, recording studios, and other agencies. The company has operations in the U.S.; the Americas; Europe, Middle East, and Africa; and Asia-Pacific. Most of its revenue is split fairly evenly between the U.S. and EMEA. The company's products are organized into suites, including Artist Suite, which includes video editing and digital audio workstations; Media Suite, which provides newsroom management solutions; Studio Suite, which provides tools for on-air programming; and Storage Suite, which provides products for digital storage. It derives most of the revenue from video and audio products and services.
ESG Risk Rating
Ranking
Industry Group (1st = lowest risk)
Technology Hardware 304 out of 627
Universe
Global Universe 3212 out of 15104
What are the ESG Risk Ratings?
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Industry Comparison
| Company | ESG Risk Rating | Industry Rank |
|---|---|---|
| Xerox Holdings Corp. |
16.1
Low
|
222 out of 627 |
| Toshiba Tec Corp. |
16.7
Low
|
246 out of 627 |
| Avid Technology, Inc. |
18.1
Low
|
304 out of 627 |
| HTC Corp. |
21.2
Medium
|
400 out of 627 |
| Ennoconn Corp. |
28.6
Medium
|
599 out of 627 |
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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.
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.
How do the ESG Risk Ratings work?
Controversy Rating
Highest Controversy level that has impacted Avid Technology, Inc.'s ESG Risk Rating in the last three years
Highest Controversy Level
Contributing Events
Highest Controversy Events Locations
