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 994 out of 1094
Universe
Global Universe 9971 out of 16006
What are the ESG Risk Ratings?
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Industry Comparison
Company | ESG Risk Rating | Industry Rank |
---|---|---|
Neurones SA |
21.2
Medium
|
478 out of 1094 |
Chinasoft International Ltd. |
22.7
Medium
|
604 out of 1094 |
Perfect Presentation for Commercial Services Co. |
24.4
Medium
|
773 out of 1094 |
Digital China Information Service Group Co. Ltd. |
24.5
Medium
|
788 out of 1094 |
Formula Systems (1985) Ltd. |
27.7
Medium
|
994 out of 1094 |
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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.
Formula Systems (1985) Ltd.'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.
Formula Systems (1985) Ltd.'s Management of ESG Material Risk is Weak