IGO Ltd.
Industry Group: Diversified Metals
Country/Region: Australia
Identifier: ASX:IGO
IGO is a mining and exploration company based in Western Australia. Its primary asset is a minority stake in the Greenbushes lithium mine through a joint venture with Tianqi Lithium Corporation and Albemarle. Greenbushes is the world’s highest-quality hard rock lithium resource. IGO also has interest in downstream processing through a 49% stake in the Kwinana lithium hydroxide refinery. Outside of lithium, IGO owns and operates the Nova nickel-copper-cobalt mine, which has a short remaining life.
ESG Risk Rating
Ranking
Industry Group (1st = lowest risk)
Diversified Metals 29 out of 230
Universe
Global Universe 9556 out of 15080
What are the ESG Risk Ratings?
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Industry Comparison
Company | ESG Risk Rating | Industry Rank |
---|---|---|
IGO Ltd. |
28.1
Medium
|
29 out of 230 |
Nickel Industries Ltd. |
44.6
Severe
|
114 out of 230 |
China Nonferrous Mining Corp. Ltd. |
52.4
Severe
|
182 out of 230 |
Shenghe Resources Holding Co., Ltd. |
53.1
Severe
|
187 out of 230 |
Shenzhen Zhongjin Lingnan Nonfemet Co., Ltd. |
56.4
Severe
|
213 out of 230 |
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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.
IGO Ltd.'s Exposure is High
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.
IGO Ltd.'s Management of ESG Material Risk is Strong
How do the ESG Risk Ratings work?
Top Material ESG Issues for IGO 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 IGO Ltd.'s ESG Risk Rating in the last three years
Highest Controversy Level