Iress Ltd.
Industry Group: Software & Services
Country/Region: Australia
Identifier: ASX:IRE
Iress develops software for the financial-services industry, operating in multiple regions and servicing clients ranging from small retail to large institutional businesses. Its core business unit, mainly in Australia, generates most of the company's earnings and free cash flows. Iress expanded into noncore markets through acquisitions, ultimately eroding returns and margins, with free cash flows from the core business invested in the noncore businesses. Its recent strategy includes reprioritizing growth in the core APAC business and divesting/monetizing noncore businesses. We view this renewed focus on its core business as a positive, as it will help maintain Iress' economic moat.
ESG Risk Rating
Ranking
Industry Group (1st = lowest risk)
Software & Services 211 out of 958
Universe
Global Universe 3011 out of 15035
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Industry Comparison
| Company | ESG Risk Rating | Industry Rank |
|---|---|---|
| Iress Ltd. |
17.5
Low
|
211 out of 958 |
| Everi Holdings, Inc. |
18.2
Low
|
245 out of 958 |
| Fiverr International Ltd. |
22.5
Medium
|
514 out of 958 |
| Sabre Corp. |
23
Medium
|
564 out of 958 |
| Paysafe Ltd. |
23.5
Medium
|
609 out of 958 |
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Exposure
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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.