Sea Ltd. (Singapore)
Industry Group: Software & Services
Country/Region: Singapore
Identifier: NYS:SE
Sea operates Southeast Asia's largest e-commerce company, Shopee, in terms of gross merchandise value and number of transactions. Sea started as a gaming business, Garena, but in 2015 expanded into e-commerce, which is now the main growth driver. Shopee is a hybrid C2C and B2C marketplace platform operating in eight core markets. Indonesia accounts for 35% of GMV, with the rest split mainly among Taiwan, Vietnam, Thailand, Malaysia, and the Philippines. For Garena, Free Fire was the most downloaded game in January 2022 and accounted for 74% of gaming revenue in 2021. Sea’s third business, SeaMoney, provides lending and we foresee it becoming a larger part of the entire business in the long term as its loan book has grown to $3.5 billion in 2024.
ESG Risk Rating
Ranking
Industry Group (1st = lowest risk)
Software & Services 657 out of 962
Universe
Global Universe 6957 out of 15080
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Industry Comparison
| Company | ESG Risk Rating | Industry Rank |
|---|---|---|
| Grab Holdings Ltd. (Singapore) |
23.2
Medium
|
581 out of 962 |
| Sea Ltd. (Singapore) |
24.1
Medium
|
657 out of 962 |
| Quotient Technology, Inc. |
25
Medium
|
725 out of 962 |
| Hello Group, Inc. |
25.3
Medium
|
754 out of 962 |
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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.
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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.
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Top Material ESG Issues for Sea Ltd. (Singapore)
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Controversy Rating
Highest Controversy level that has impacted Sea Ltd. (Singapore)'s ESG Risk Rating in the last three years
Highest Controversy Level
Contributing Events
Highest Controversy Events Locations
