Drax Group Plc
Industry Group: Utilities
Country/Region: United Kingdom
Identifier: LON:DRX
Drax Group PLC is a UK-based renewable energy company engaged in renewable power generation, the production of sustainable biomass and the sale of renewable electricity to businesses. It operates a generation portfolio of sustainable biomass, hydro-electric, and pumped hydro storage assets across four sites in England and Scotland. The company also operates a global bioenergy supply business with manufacturing facilities in the United States and Canada, producing compressed wood pellets for its own use and for customers in Europe and Asia. Its segments include Pellet Production, Generation, and Customers. The majority of its revenue is generated from the Customers segment which sells renewable electricity to industrial and commercial customers in the United Kingdom.
ESG Risk Rating
Ranking
Industry Group (1st = lowest risk)
Utilities 132 out of 648
Universe
Global Universe 5534 out of 15104
What are the ESG Risk Ratings?
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Industry Comparison
Company | ESG Risk Rating | Industry Rank |
---|---|---|
ERG SpA |
14.3
Low
|
27 out of 648 |
Drax Group Plc |
22
Medium
|
132 out of 648 |
Electric Power Development Co., Ltd. |
40.2
Severe
|
500 out of 648 |
Guangzhou Development Group, Inc. |
49.7
Severe
|
595 out of 648 |
Guangdong Electric Power Development Co., Ltd. |
53.3
Severe
|
621 out of 648 |
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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.
Drax Group Plc's Exposure is High
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.
Drax Group Plc's Management of ESG Material Risk is Strong
How do the ESG Risk Ratings work?
Top Material ESG Issues for Drax Group Plc
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 Drax Group Plc's ESG Risk Rating in the last three years
Highest Controversy Level