Meituan
Industry Group: Software & Services
Country/Region: China
Identifier: HKG:3690
Meituan is the largest food delivery service in China, with a 70.7% share of the market in 2020 per the Chinese government. For the year ended 2023, the firm generated 58% of revenue from on-demand services, 17% from hotel booking, coupon sales, advertising, and 25% from new initiatives. In the long term, its new initiatives business may transform the company into an all-encompassing grocer and logistics business involving community group buying, nonfood delivery, and online grocery, overtaking food delivery as its main business.
ESG Risk Rating
Ranking
Industry Group (1st = lowest risk)
Software & Services 488 out of 962
Universe
Global Universe 5686 out of 15080
What are the ESG Risk Ratings?
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Industry Comparison
Company | ESG Risk Rating | Industry Rank |
---|---|---|
Booking Holdings, Inc. |
16.3
Low
|
147 out of 962 |
Uber Technologies, Inc. |
20.4
Medium
|
377 out of 962 |
Meituan |
22.1
Medium
|
488 out of 962 |
MercadoLibre, Inc. |
22.6
Medium
|
524 out of 962 |
Shopify, Inc. |
23.3
Medium
|
583 out of 962 |
For corporate professionals interested in direct competitor insights
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.
Meituan'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.
Meituan's Management of ESG Material Risk is Average
How do the ESG Risk Ratings work?
Top Material ESG Issues for Meituan
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 Meituan's ESG Risk Rating in the last three years
Highest Controversy Level