Canaan, Inc.
Industry Group: Semiconductors
Country/Region: Singapore
Identifier: NAS:CAN
Canaan Inc is a developer of supercomputing chips and the manufacturer of digital blockchain computing equipment as well as the supplier of the overall scheme for computer software and hardware of digital blockchain. The revenues of the company are derived from the sales of Bitcoin mining machines and related parts.
ESG Risk Rating
Ranking
Industry Group (1st = lowest risk)
Semiconductors 347 out of 366
Universe
Global Universe 14005 out of 15104
What are the ESG Risk Ratings?
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Industry Comparison
Company | ESG Risk Rating | Industry Rank |
---|---|---|
SunPower Corp. |
26.9
Medium
|
202 out of 366 |
Fingerprint Cards AB |
35.1
High
|
297 out of 366 |
Canaan, Inc. |
40.7
Severe
|
347 out of 366 |
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Sustainalytics' Peer Performance Insights gives an in-depth analysis of your company's ESG strengths and weaknesses compared to your competitors and industry performance. These insights can be used to identify areas of ESG improvement to help inform future management decisions that align with your organization's sustainability goals.
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.
Canaan, 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.
Canaan, Inc.'s Management of ESG Material Risk is Weak