Meta Platforms, Inc.
Industry Group: Software & Services
Country/Region: United States of America
Identifier: NAS:META
Meta is the largest social media company in the world, boasting close to 4 billion monthly active users worldwide. The firm’s “Family of Apps,” its core business, consists of Facebook, Instagram, Messenger, and WhatsApp. End users can leverage these applications for a variety of different purposes, from keeping in touch with friends to following celebrities and running digital businesses for free. Meta packages customer data, gleaned from its application ecosystem and sells ads to digital advertisers. While the firm has been investing heavily in its Reality Labs business, it remains a very small part of Meta’s overall sales.
ESG Risk Rating
Ranking
Industry Group (1st = lowest risk)
Software & Services 958 out of 962
Universe
Global Universe 11752 out of 15104
What are the ESG Risk Ratings?
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Industry Comparison
Company | ESG Risk Rating | Industry Rank |
---|---|---|
Booking Holdings, Inc. |
15
Low
|
82 out of 962 |
Tencent Holdings Ltd. |
18.8
Low
|
290 out of 962 |
Alibaba Group Holding Ltd. |
20.1
Medium
|
362 out of 962 |
Alphabet, Inc. |
24.9
Medium
|
714 out of 962 |
Meta Platforms, Inc. |
32.7
High
|
958 out of 962 |
For corporate professionals interested in direct competitor insights
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.
Meta Platforms, Inc.'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.
Meta Platforms, Inc.'s Management of ESG Material Risk is Average
How do the ESG Risk Ratings work?
Top Material ESG Issues for Meta Platforms, Inc.
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 Meta Platforms, Inc.'s ESG Risk Rating in the last three years
Highest Controversy Level