Coinbase Global, Inc.
Industry Group: Diversified Financials
Country/Region: United States of America
Identifier: NAS:COIN
Founded in 2012, Coinbase is the leading cryptocurrency exchange platform in the United States. The company intends to be the safe and regulation-compliant point of entry for retail investors and institutions into the cryptocurrency economy. Users can establish an account directly with the firm, instead of using an intermediary, and many choose to allow Coinbase to act as a custodian for their cryptocurrency, giving the company breadth beyond that of a traditional financial exchange. While the company still generates the majority of its revenue from transaction fees charged to its retail customers, Coinbase uses internal investment and acquisitions to expand into adjacent businesses, such as prime brokerage and data analytics.
ESG Risk Rating
Ranking
Industry Group (1st = lowest risk)
Diversified Financials 466 out of 875
Universe
Global Universe 9415 out of 15104
What are the ESG Risk Ratings?
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Industry Comparison
Company | ESG Risk Rating | Industry Rank |
---|---|---|
MSCI, Inc. |
14.4
Low
|
55 out of 875 |
London Stock Exchange Group Plc |
16.5
Low
|
94 out of 875 |
CME Group, Inc. |
17.1
Low
|
111 out of 875 |
East Money Information Co., Ltd. |
26.6
Medium
|
401 out of 875 |
Coinbase Global, Inc. |
28.2
Medium
|
466 out of 875 |
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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.
Coinbase Global, 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.
Coinbase Global, Inc.'s Management of ESG Material Risk is Average
How do the ESG Risk Ratings work?
Top Material ESG Issues for Coinbase Global, Inc.
Understand how exposed companies are to specific material ESG issues and how well companies are managing these issues.
What are Material ESG Issues?
Material ESG issues are issues that are considered to be financially material to a given company in a relevant sub-industry.
Controversy Rating
Highest Controversy level that has impacted Coinbase Global, Inc.'s ESG Risk Rating in the last three years
Highest Controversy Level