Nanosonics Ltd.
Industry Group: Healthcare
Country/Region: Australia
Identifier: ASX:NAN
Nanosonics is a single-product firm and its Trophon device provides high-level disinfection of ultrasound probes used in semicritical procedures. The patented technology uses low-temperature sonically activated hydrogen peroxide mist suitable for probes sensitive to damage. Automated HLD is increasingly being used as the standard of care globally as it is superior in preventing cross-infection of patients. Nanosonics’ revenue is made up of capital sales of Trophon units, ongoing consumables sales, and service revenue. By June 2022, there were 29,850 Trophon units installed globally. Market penetration rates range from over 75% in Australia and New Zealand, about 44% in the US to low-single-digit penetration in Europe, Middle East, and Africa, and elsewhere in the Asia-Pacific region.
ESG Risk Rating
Ranking
Industry Group (1st = lowest risk)
Healthcare 104 out of 588
Universe
Global Universe 3527 out of 15104
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Industry Comparison
Company | ESG Risk Rating | Industry Rank |
---|---|---|
Menicon Co., Ltd. |
14.5
Low
|
34 out of 588 |
Advanced Medical Solutions Group Plc |
18.5
Low
|
100 out of 588 |
Nanosonics Ltd. |
18.6
Low
|
104 out of 588 |
Hogy Medical Co., Ltd. |
19.3
Low
|
123 out of 588 |
OrthoPediatrics Corp. |
19.7
Low
|
133 out of 588 |
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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.
Nanosonics Ltd.'s Exposure is Low
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.
Nanosonics Ltd.'s Management of ESG Material Risk is Average