Etsy, Inc.
Industry Group: Software & Services
Country/Region: United States of America
Identifier: NAS:ETSY
Etsy operates a top-10 e-commerce marketplace operator in the us and the UK, with sizable operations in Germany, France, Australia, and Canada. The firm dominates an interesting niche, connecting buyers and sellers through its online market to exchange vintage and craft goods. With $13.2 billion in 2023 consolidated gross merchandise volume, Etsy has cemented itself as one of the largest players in a quickly growing space, generating revenue from listing fees, commissions on sold items, advertising services, payment processing, and shipping labels. As of the end of 2023, the firm connected more than 96 million buyers and 9 million sellers on its marketplace properties: Etsy, Reverb (musical equipment), and Depop (clothing resale).
ESG Risk Rating
Ranking
Industry Group (1st = lowest risk)
Software & Services 108 out of 962
Universe
Global Universe 1944 out of 15104
What are the ESG Risk Ratings?
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Industry Comparison
Company | ESG Risk Rating | Industry Rank |
---|---|---|
Etsy, Inc. |
15.6
Low
|
108 out of 962 |
Rightmove Plc |
17.5
Low
|
204 out of 962 |
Kanzhun Ltd. |
20.5
Medium
|
384 out of 962 |
Tongcheng Travel Holdings Ltd. |
21.1
Medium
|
432 out of 962 |
Q2 Holdings, Inc. |
24.5
Medium
|
688 out of 962 |
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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.
Etsy, Inc.'s Exposure is Low
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.
Etsy, Inc.'s Management of ESG Material Risk is Strong
How do the ESG Risk Ratings work?
Top Material ESG Issues for Etsy, Inc.
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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 Etsy, Inc.'s ESG Risk Rating in the last three years
Highest Controversy Level