Hyliion Holdings Corp.
Industry Group: Auto Components
Country/Region: United States of America
Identifier: ASE:HYLN
Hyliion Holdings Corp provides solutions that enable clean, flexible, and affordable electricity production. The Company focuses on delivering distributed power generators that can operate on various fuel sources to future-proof against an ever-changing energy economy. It is initially targeting the commercial and waste management industries with a locally deployable generator that can offer prime power as well as energy arbitrage opportunities. In addition to stationary power solutions, it is also focused on mobile applications, including vehicles and marine technologies. The Company aims to offer innovative, yet practical solutions that contribute positively to the environment in the energy economy.
ESG Risk Rating
Ranking
Industry Group (1st = lowest risk)
Auto Components 157 out of 243
Universe
Global Universe 6163 out of 15104
What are the ESG Risk Ratings?
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Industry Comparison
| Company | ESG Risk Rating | Industry Rank |
|---|---|---|
| Bosch Fren Sistemleri Sanayi ve Ticaret AS |
8.1
Negligible
|
2 out of 243 |
| VBG Group AB |
15.4
Low
|
41 out of 243 |
| SEBANG GLOBAL BATTERY Co., Ltd. |
18.4
Low
|
81 out of 243 |
| SAF-HOLLAND SE |
19.9
Low
|
100 out of 243 |
| Hyliion Holdings Corp. |
23
Medium
|
157 out of 243 |
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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.