Formula Systems (1985) Ltd.
Industry Group: Software & Services
Country/Region: Israel
Identifier: TAE:FORTY
Formula Systems (1985) Ltd is a holding company that, through its subsidiaries, provides information technology services. The company organizes itself into operating segments: The Matrix segment, which generates the majority of revenue, provides software development and existing software expansion services. The Sapiens segment provides software development services for the insurance industry. The Magic Software segment provides vendor management systems and workforce management services, which include accounting and finance, human resources; Michpal; ZAP Group and Others. The majority of the company's revenue comes from Israel.
ESG Risk Rating
Ranking
Industry Group (1st = lowest risk)
Software & Services 882 out of 962
Universe
Global Universe 9164 out of 15104
What are the ESG Risk Ratings?
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Industry Comparison
| Company | ESG Risk Rating | Industry Rank |
|---|---|---|
| SeSa SpA |
18.2
Low
|
249 out of 962 |
| SoftwareONE Holding AG |
19.4
Low
|
327 out of 962 |
| Hand Enterprise Solutions Co., Ltd. |
24
Medium
|
654 out of 962 |
| Al Moammar Information Systems Co. |
27.2
Medium
|
863 out of 962 |
| Formula Systems (1985) Ltd. |
27.7
Medium
|
882 out of 962 |
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