Humm Group Ltd.
Industry Group: Diversified Financials
Country/Region: Australia
Identifier: ASX:HUM
Humm is a diversified finance provider with offerings centered on buy now pay later, or BNPL, credit cards and equipment finance. It facilitates purchases for over 2.7 million customers. Humm operates in Australia, New Zealand, Ireland, and Canada. While it caters for a diverse range of industries, its focus is on financing higher ticket items. Unlike the glut of new BNPL firms, Humm is established with a long operating history. Originally Flexigroup, Humm had a strategic refresh in 2019 where it has now consolidated to around four main brands in ANZ, from 20 before. In its earlier days, Humm focused on Visa and interest-free cards, lay-by, consumer leasing, commercial finance, and other payment solutions to consumers and small businesses.
ESG Risk Rating
Ranking
Industry Group (1st = lowest risk)
Diversified Financials 495 out of 872
Universe
Global Universe 10284 out of 15080
What are the ESG Risk Ratings?
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Industry Comparison
Company | ESG Risk Rating | Industry Rank |
---|---|---|
S&U Plc |
26.8
Medium
|
399 out of 872 |
Fusion Finance Ltd. |
26.8
Medium
|
406 out of 872 |
Humm Group Ltd. |
29.4
Medium
|
495 out of 872 |
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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.
Humm Group Ltd.'s Exposure is Medium
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.
Humm Group Ltd.'s Management of ESG Material Risk is Average