OPENLANE, Inc.
Industry Group: Commercial Services
Country/Region: United States of America
Identifier: NYS:KAR
Openlane Inc offers a digital marketplace for used vehicles. The services comprise financing, repossessions, repairs, transportation, warranty, and inventory services. It operates used-vehicle auctions and offers complete online services for all parties involved. The company has two operating segments which include Marketplace and Finance, of which it generates the majority of the revenue from the Marketplace segment.
ESG Risk Rating
Ranking
Industry Group (1st = lowest risk)
Commercial Services 168 out of 428
Universe
Global Universe 3029 out of 15104
What are the ESG Risk Ratings?
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Industry Comparison
| Company | ESG Risk Rating | Industry Rank |
|---|---|---|
| OPENLANE, Inc. |
17.8
Low
|
168 out of 428 |
| Longboard Pharmaceuticals, Inc. |
21.4
Medium
|
258 out of 428 |
| Vestis Corp. |
21.8
Medium
|
268 out of 428 |
| Park24 Co., Ltd. |
22.2
Medium
|
282 out of 428 |
| Oriental Energy Co., Ltd. |
26.6
Medium
|
389 out of 428 |
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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.