Luminar Technologies, Inc.
Industry Group: Auto Components
Country/Region: United States of America
Identifier: NAS:LAZR
Luminar Technologies Inc is an automotive technology company ushering in a new era of vehicle safety and autonomy. It operates its business through the following segments: Autonomy Solutions and advanced Technologies and Services. The majority of revenue is earned from the Autonomy Solutions segment which engaged in the design, manufacturing, and sale of LiDAR sensors catering mainly to the OEMs in the automobile, commercial vehicle, robo-taxi, and adjacent industries and advanced Technologies and Services provides semiconductors and related components, as well as design, test and consulting services to the Autonomy Solutions segment and various third-party customers, including government agencies and defense contractors, in markets generally unrelated to autonomous vehicles.
ESG Risk Rating
Ranking
Industry Group (1st = lowest risk)
Auto Components 237 out of 243
Universe
Global Universe 12293 out of 15120
What are the ESG Risk Ratings?
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Industry Comparison
Company | ESG Risk Rating | Industry Rank |
---|---|---|
Nihon Tokushu Toryo Co., Ltd. |
17.3
Low
|
61 out of 243 |
HL Holdings Corp. |
23
Medium
|
155 out of 243 |
Sanoh Industrial Co., Ltd. |
24
Medium
|
175 out of 243 |
Luminar Technologies, Inc. |
34.1
High
|
237 out of 243 |
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Sustainalytics' Peer Performance Insights gives an in-depth analysis of your company's ESG strengths and weaknesses compared to your competitors and industry performance. These insights can be used to identify areas of ESG improvement to help inform future management decisions that align with your organization's sustainability goals.
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.
Luminar Technologies, Inc.'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.
Luminar Technologies, Inc.'s Management of ESG Material Risk is Weak