Red Avenue New Materials Group Co., Ltd.
Industry Group: Chemicals
Country/Region: China
Identifier: SHG:603650
Red Avenue New Materials Group Co Ltd is a China-based company engages in the manufacture and sale of chemical products. The company produces rubber and plastic chemical additives and other products. The products manufactured by the company include polyethylene glycol, silica, alkylphenol disulfides, and cobalt neodecanoate. Its main products are phenolic resins for rubber, including tackifying resins, reinforcing resins and adhesive resins.
ESG Risk Rating
Ranking
Industry Group (1st = lowest risk)
Chemicals 407 out of 585
Universe
Global Universe 12521 out of 15104
What are the ESG Risk Ratings?
Notice: The information is provided as is, for informational, non-commercial purposes only, does not constitute investment advice and is subject to conditions available in our Legal Disclaimer. They are not directed to, or intended for distribution to or use by India-based clients or users and their distribution to Indian resident individuals or entities is not permitted. Usage of this information is not permitted in any way, unless otherwise agreed in writing. By way of exception, usage of this information is permitted to the non-India based rated subjects, limited to a single reference to the score on the rated subject’s sustainability webpage or CSR report, mentioning Sustainalytics as a source. For referencing Sustainalytics please consult the Company Guide.
Industry Comparison
| Company | ESG Risk Rating | Industry Rank |
|---|---|---|
| XTC New Energy Materials (Xiamen) Co., Ltd. |
22.5
Medium
|
83 out of 585 |
| Himadri Speciality Chemical Ltd. |
28.1
Medium
|
214 out of 585 |
| Levima Advanced Materials Corp. |
31.6
High
|
311 out of 585 |
| Luxi Chemical Group Co., Ltd. |
32.8
High
|
347 out of 585 |
| Red Avenue New Materials Group Co., Ltd. |
34.7
High
|
407 out of 585 |
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.
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.