Progress Software Corp.
Industry Group: Software & Services
Country/Region: United States of America
Identifier: NAS:PRGS
Progress Software Corporation is a provider of cloud-based security solutions to large-and mid-sized organizations in a wide range of industries. Its product includes OpenEdge; Chef; Developer Tools; Kemp LoadMaster; MOVEit; DataDirect; WhatsUp Gold; Sitefinity; Flowmon and Corticon. The company derives revenue from perpetual licenses to its products, but some products also use term licensing models. Its cloud-based offerings use a subscription-based model. A majority of the firm's revenue is generated in the United States and it also has presence in Canada, the Middle East, and Africa (EMEA), Latin America, and Asia Pacific.
ESG Risk Rating
Ranking
Industry Group (1st = lowest risk)
Software & Services 628 out of 962
Universe
Global Universe 6682 out of 15080
What are the ESG Risk Ratings?
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Industry Comparison
Company | ESG Risk Rating | Industry Rank |
---|---|---|
Marqeta, Inc. |
22
Medium
|
485 out of 962 |
Asana, Inc. |
22.1
Medium
|
489 out of 962 |
Progress Software Corp. |
23.7
Medium
|
628 out of 962 |
CleanSpark, Inc. |
24.6
Medium
|
697 out of 962 |
Newland Digital Technology Co., Ltd. |
28
Medium
|
890 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.
Progress Software Corp.'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.
Progress Software Corp.'s Management of ESG Material Risk is Average
How do the ESG Risk Ratings work?
Controversy Rating
Highest Controversy level that has impacted Progress Software Corp.'s ESG Risk Rating in the last three years
Highest Controversy Level