Genie Energy Ltd.
Industry Group: Utilities
Country/Region: United States of America
Identifier: NYS:GNE
Genie Energy Ltd, through its subsidiaries, operates as a retail energy provider. It serves two reportable business segments: Genie retail energy, or GRE, and Genie renewables. The Genie retail energy segment resells energy to residential and commercial consumers in the Eastern and Midwestern United States through its portfolio of various retail energy providers. The Genie renewables segment holds controlling interests in various companies engaged in the manufacturing of solar panels, solar installation design, and solar energy project management. It generates the majority of its revenue from the Genie retail energy segment.
ESG Risk Rating
Ranking
Industry Group (1st = lowest risk)
Utilities 629 out of 647
Universe
Global Universe 14976 out of 15080
What are the ESG Risk Ratings?
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Industry Comparison
| Company | ESG Risk Rating | Industry Rank |
|---|---|---|
| Admie Holdings (IPTO) SA |
31.8
High
|
367 out of 647 |
| First Philippine Holdings Corp. |
43.4
Severe
|
546 out of 647 |
| The Okinawa Electric Power Co., Inc. |
44.8
Severe
|
557 out of 647 |
| Çan2 Termik AS |
50.6
Severe
|
600 out of 647 |
| Genie Energy Ltd. |
54.7
Severe
|
629 out of 647 |
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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?
Controversy Rating
Highest Controversy level that has impacted Genie Energy Ltd.'s ESG Risk Rating in the last three years
Highest Controversy Level
Contributing Events
Highest Controversy Events Locations
