Cerence, Inc.
Industry Group: Software & Services
Country/Region: United States of America
Identifier: NAS:CRNC
Cerence Inc is a United States-based software company. It is involved in developing mobility-based solutions for drivers and their cars. The customers include all automobile original equipment manufacturers, or OEMs, or their tier 1 suppliers. The company's revenue is generated by selling software licenses and cloud-connected services. Geographically, it derives a majority of its revenue from the United States and also has a presence in Other Americas; Germany; Other Europe, the Middle East, Africa; Japan, and Other Asia-Pacific.
ESG Risk Rating
Ranking
Industry Group (1st = lowest risk)
Software & Services 316 out of 962
Universe
Global Universe 3823 out of 15104
What are the ESG Risk Ratings?
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Industry Comparison
Company | ESG Risk Rating | Industry Rank |
---|---|---|
Logo Yazilim Sanayi ve Ticaret AS |
17.2
Low
|
189 out of 962 |
Cerence, Inc. |
19.2
Low
|
316 out of 962 |
91APP, Inc. |
20.6
Medium
|
392 out of 962 |
Viant Technology, Inc. |
22
Medium
|
481 out of 962 |
Alpha Systems, Inc. |
23.5
Medium
|
602 out of 962 |
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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.
Cerence, 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.
Cerence, Inc.'s Management of ESG Material Risk is Strong
How do the ESG Risk Ratings work?
Controversy Rating
Highest Controversy level that has impacted Cerence, Inc.'s ESG Risk Rating in the last three years
Highest Controversy Level