Magnite, Inc.
Industry Group: Software & Services
Country/Region: United States of America
Identifier: NAS:MGNI
Magnite is one of the largest supply-side platform providers, or SSP, in online advertising. The firm was previously named The Rubicon Project (an online ad exchange) and became Magnite after merging with Telaria (an SSP focused mainly on streaming video providers) in 2020. The firm also purchased another of the leading SSPs within the CTV market, SpotX, in 2021 for $1.2 billion, cementing its long-term focus on grabbing market share in this area. The firm generates nearly 45% of its revenue from the programmatic sale of CTV ad inventory, 35% from mobile online sites and apps, and the remaining from websites accessed via computer.
ESG Risk Rating
Ranking
Industry Group (1st = lowest risk)
Software & Services 715 out of 962
Universe
Global Universe 7511 out of 15080
What are the ESG Risk Ratings?
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Industry Comparison
Company | ESG Risk Rating | Industry Rank |
---|---|---|
AvidXchange Holdings, Inc. |
23.3
Medium
|
590 out of 962 |
Vitec Software Group AB |
23.4
Medium
|
598 out of 962 |
Magnite, Inc. |
24.9
Medium
|
715 out of 962 |
Beijing Fourth Paradigm Technology Co., Ltd. |
28.6
Medium
|
907 out of 962 |
Fujian Boss Software Corp. |
29.1
Medium
|
916 out of 962 |
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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.
Magnite, 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.
Magnite, Inc.'s Management of ESG Material Risk is Average