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 230 out of 429
Universe
Global Universe 4487 out of 15080
What are the ESG Risk Ratings?
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Industry Comparison
| Company | ESG Risk Rating | Industry Rank |
|---|---|---|
| ISS A/S |
13.5
Low
|
109 out of 429 |
| WuXi XDC Cayman, Inc. |
14.2
Low
|
120 out of 429 |
| Ambipar Participações e Empreendimentos SA |
18.2
Low
|
178 out of 429 |
| UniFirst Corp. |
20
Medium
|
228 out of 429 |
| Remitly Global, Inc. |
20.2
Medium
|
230 out of 429 |
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.