Sigma Healthcare Ltd.
Industry Group: Healthcare
Country/Region: Australia
Identifier: ASX:SIG
Sigma Healthcare is an Australian pharmaceutical distributor, wholesaler and pharmacy franchisor. The revenue growth prospects and returns of pharmaceutical distribution are subdued due to ongoing Pharmaceutical Benefits Scheme, or PBS, price reform, and regulated wholesale gross margins being capped at 7% for community pharmacy. As a result, Sigma and its competitors are seeking to expand into unregulated revenue streams. In addition, pharmacy ownership is restricted to pharmacists, thereby excluding direct corporate ownership and requiring exposure via a franchise business model.
ESG Risk Rating
Ranking
Industry Group (1st = lowest risk)
Healthcare 49 out of 588
Universe
Global Universe 1856 out of 15104
What are the ESG Risk Ratings?
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Industry Comparison
Company | ESG Risk Rating | Industry Rank |
---|---|---|
Sigma Healthcare Ltd. |
15.4
Low
|
49 out of 588 |
Alfresa Holdings Corp. |
16.3
Low
|
59 out of 588 |
Suzuken Co., Ltd. |
18.3
Low
|
96 out of 588 |
Medipal Holdings Corp. |
18.4
Low
|
98 out of 588 |
Nahdi Medical Co. |
20.1
Medium
|
141 out of 588 |
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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.
Sigma Healthcare Ltd.'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.
Sigma Healthcare Ltd.'s Management of ESG Material Risk is Average
How do the ESG Risk Ratings work?
Top Material ESG Issues for Sigma Healthcare Ltd.
Understand how exposed companies are to specific material ESG issues and how well companies are managing these issues.
What are Material ESG Issues?
Material ESG issues are issues that are considered to be financially material to a given company in a relevant sub-industry.
Controversy Rating
Highest Controversy level that has impacted Sigma Healthcare Ltd.'s ESG Risk Rating in the last three years
Highest Controversy Level