Garmin Ltd.
Industry Group: Consumer Durables
Country/Region: Switzerland
Identifier: NYS:GRMN
Garmin produces GPS-enabled hardware and software for five verticals: fitness, outdoors, auto, aviation, and marine. The company relies on licensing mapping data to enable its hardware specialized for often niche activities like scuba diving or sailing. Garmin operates in 100 countries and sells its products via distributors as well as relationships with original equipment manufacturers.
ESG Risk Rating
Ranking
Industry Group (1st = lowest risk)
Consumer Durables 138 out of 210
Universe
Global Universe 5028 out of 15080
What are the ESG Risk Ratings?
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Industry Comparison
| Company | ESG Risk Rating | Industry Rank |
|---|---|---|
| Sony Group Corp. |
15.8
Low
|
81 out of 210 |
| LG Electronics, Inc. |
20.5
Medium
|
132 out of 210 |
| Garmin Ltd. |
21
Medium
|
138 out of 210 |
| GoerTek Inc. |
26.5
Medium
|
182 out of 210 |
| TCL Technology Group Corp. |
29.2
Medium
|
198 out of 210 |
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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.
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.
How do the ESG Risk Ratings work?
Top Material ESG Issues for Garmin Ltd.
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 Garmin Ltd.'s ESG Risk Rating in the last three years
Highest Controversy Level
Contributing Events
Highest Controversy Events Locations
