FARO Technologies, Inc.
Industry Group: Technology Hardware
Country/Region: United States of America
Identifier: NAS:FARO
Faro Technologies Inc is a technology company. It designs, develops, manufactures, markets and supports software-driven, three-dimensional (3-D) measurement, imaging, and realization solutions for the 3D metrology, architecture, engineering and construction (AEC), Operations and Maintenance (O&M) and public safety analytics markets. The company enables its customers to capture, measure, manipulate, interact with and share 3D and 2D data from the physical world in a virtual environment and then translate the information back into the physical domain. FARO suite of 3D products and software solutions are used for the inspection of components and assemblies, rapid prototyping, reverse engineering, documenting large volumes or structures in 3D, surveying, and construction.
ESG Risk Rating
Ranking
Industry Group (1st = lowest risk)
Technology Hardware 209 out of 627
Universe
Global Universe 2008 out of 15104
What are the ESG Risk Ratings?
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Industry Comparison
Company | ESG Risk Rating | Industry Rank |
---|---|---|
Big Technologies Plc |
13
Low
|
121 out of 627 |
nLIGHT, Inc. |
15
Low
|
179 out of 627 |
FARO Technologies, Inc. |
15.7
Low
|
209 out of 627 |
Egis Technology, Inc. |
16.5
Low
|
237 out of 627 |
TPK Holding Co., Ltd. |
18
Low
|
302 out of 627 |
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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.
FARO Technologies, 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.
FARO Technologies, Inc.'s Management of ESG Material Risk is Average