NOVONIX Ltd.
Industry Group: Electrical Equipment
Country/Region: Australia
Identifier: ASX:NVX
NOVONIX Ltd operates in the lithium-ion battery industry. The company has three operating segments namely Graphite Exploration and Mining, Battery Technology, and NOVONIX Anode Materials. Graphite Exploration and Mining segment is engaged in the exploration and development of high-grade flake graphite deposits. The NOVONIX Anode Materials segment develops and manufactures battery anode materials. The Battery Technology segment develops battery cell testing equipment and carries out research and development in battery development. The Battery Technology segment generates maximum revenue for the company.
ESG Risk Rating
Ranking
Industry Group (1st = lowest risk)
Electrical Equipment 186 out of 301
Universe
Global Universe 9649 out of 15104
What are the ESG Risk Ratings?
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Industry Comparison
| Company | ESG Risk Rating | Industry Rank |
|---|---|---|
| Alfen NV |
18.5
Low
|
32 out of 301 |
| Furukawa Battery Co., Ltd. |
22
Medium
|
66 out of 301 |
| NOVONIX Ltd. |
28.6
Medium
|
186 out of 301 |
| W-Scope Chungju Plant Co., Ltd. |
29.4
Medium
|
213 out of 301 |
| ITM Power Plc |
32.2
High
|
265 out of 301 |
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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.
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.