Envela Corp.
Industry Group: Retailing
Country/Region: United States of America
Identifier: ASE:ELA
Envela Corp and its subsidiaries engage in diverse business activities within the recommerce sector. These include re-commercializing luxury hard assets, consumer electronics and IT equipment; and end-of-life recycling solutions. It operates through two segments, Consumer, and Commercial Services. The Consumer segment which generates key revenue for the company predominantly buys to resell or recycle luxury hard assets like jewelry, diamonds, gemstones, fine watches, rare coins and related collectibles, precious-metal bullion products, gold, silver, and other precious metals. The Commercial Services segment provides asset-disposition solutions to government agencies, middle-market firms, corporations, and other organizations.
ESG Risk Rating
Ranking
Industry Group (1st = lowest risk)
Retailing 313 out of 471
Universe
Global Universe 4621 out of 15035
What are the ESG Risk Ratings?
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Industry Comparison
| Company | ESG Risk Rating | Industry Rank |
|---|---|---|
| Baby Bunting Group Ltd. |
14.6
Low
|
105 out of 471 |
| Lojas Quero-Quero SA |
17.5
Low
|
204 out of 471 |
| Sportsman's Warehouse Holdings, Inc. |
18.9
Low
|
255 out of 471 |
| Envela Corp. |
20.3
Medium
|
313 out of 471 |
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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.