Ormat Technologies, Inc.
Industry Group: Utilities
Country/Region: United States of America
Identifier: NYS:ORA
Ormat Technologies Inc is engaged in the geothermal energy power business. The company is engaged in three business segments: Electricity Segment. where the company develops, builds, owns and operates geothermal, solar PV and recovered energy-based power plants in the United States and geothermal power plants in other countries and sell the electricity generated. Product Segment includes designing, manufacturing and selling equipment for geothermal and recovered energy-based electricity generation and providing services relating to the engineering, procurement and construction of geothermal and recovered energy-based power plants. Energy Storage Segment includes owning and operating grid-connected which provide capacity, energy and ancillary services directly to the electric grid.
ESG Risk Rating
Ranking
Industry Group (1st = lowest risk)
Utilities 33 out of 647
Universe
Global Universe 1567 out of 15080
What are the ESG Risk Ratings?
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Industry Comparison
Company | ESG Risk Rating | Industry Rank |
---|---|---|
Ormat Technologies, Inc. |
14.5
Low
|
33 out of 647 |
Brookfield Renewable Corp. |
18.4
Low
|
79 out of 647 |
Mercury NZ Ltd. |
18.4
Low
|
80 out of 647 |
Sunrun, Inc. |
19.9
Low
|
97 out of 647 |
CECEP Wind-Power Corp. |
28.9
Medium
|
300 out of 647 |
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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.
Ormat Technologies, Inc.'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.
Ormat Technologies, Inc.'s Management of ESG Material Risk is Strong
How do the ESG Risk Ratings work?
Controversy Rating
Highest Controversy level that has impacted Ormat Technologies, Inc.'s ESG Risk Rating in the last three years
Highest Controversy Level