Remitly Global, Inc.
Industry Group: Commercial Services
Country/Region: United States of America
Identifier: NAS:RELY
Remitly Global Inc provides integrated financial services to immigrants, including helping customers send money internationally in a quick, reliable, and more cost-effective manner by leveraging digital channels. It supports cross-border transmissions across the globe. The company's revenue is generated on transaction fees charged to customers and foreign exchange spreads between the foreign exchange rate offered to customers and the foreign exchange rate on the company's currency purchases.
ESG Risk Rating
Ranking
Industry Group (1st = lowest risk)
Commercial Services 225 out of 428
Universe
Global Universe 4393 out of 15104
What are the ESG Risk Ratings?
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Industry Comparison
| Company | ESG Risk Rating | Industry Rank |
|---|---|---|
| WuXi XDC Cayman, Inc. |
14.2
Low
|
117 out of 428 |
| Remitly Global, Inc. |
20.2
Medium
|
225 out of 428 |
| Cargurus, Inc. |
21.1
Medium
|
249 out of 428 |
| BlueFocus Intelligent Communications Group Co. Ltd. |
25.7
Medium
|
374 out of 428 |
| Shenzhen Fortune Trend Technology Co. Ltd. |
27
Medium
|
393 out of 428 |
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.