ESAB Corp.
Industry Group: Machinery
Country/Region: United States of America
Identifier: NYS:ESAB
ESAB, spun off from Colfax in 2022, is a leading manufacturer of equipment and consumables used in welding, cutting, and joining applications. Alongside competitors Lincoln Electric and ITW’s Miller brand, ESAB is one of the top three players in the welding space. ESAB generated roughly $2.8 billion in revenue in 2023.
ESG Risk Rating
Ranking
Industry Group (1st = lowest risk)
Machinery 330 out of 571
Universe
Global Universe 10950 out of 15080
What are the ESG Risk Ratings?
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Industry Comparison
Company | ESG Risk Rating | Industry Rank |
---|---|---|
Daifuku Co., Ltd. |
17
Low
|
25 out of 571 |
BELIMO Holding AG |
21.7
Medium
|
76 out of 571 |
Ebara Corp. |
23
Medium
|
114 out of 571 |
ESAB Corp. |
30.6
High
|
330 out of 571 |
Trelleborg AB |
31.2
High
|
351 out of 571 |
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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.
ESAB Corp.'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.
ESAB Corp.'s Management of ESG Material Risk is Average
How do the ESG Risk Ratings work?
Top Material ESG Issues for ESAB Corp.
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 ESAB Corp.'s ESG Risk Rating in the last three years
Highest Controversy Level