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 305 out of 577
Universe
Global Universe 10771 out of 15104
What are the ESG Risk Ratings?
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Industry Comparison
| Company | ESG Risk Rating | Industry Rank |
|---|---|---|
| BELIMO Holding AG |
21.7
Medium
|
68 out of 577 |
| Flowserve Corp. |
22
Medium
|
73 out of 577 |
| IHI Corp. |
29
Medium
|
247 out of 577 |
| ESAB Corp. |
30.6
High
|
305 out of 577 |
| The Middleby Corp. |
31.6
High
|
340 out of 577 |
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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.
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
Contributing Events
Highest Controversy Events Locations
