Snap-On, Inc.
Industry Group: Machinery
Country/Region: United States of America
Identifier: NYS:SNA
Snap-on manufactures premium tools and software for repair professionals. Hand tools are sold through a franchisee-operated mobile van network that serve auto technicians who purchase tools at their own expense. A unique element of its business model is that franchisees bear significant risk, as they must invest in the mobile van, inventory, and software. At the same time, franchisees extend personal credit directly to technicians on an individual tool basis. Snap-on currently operates three segments: repair systems and information, commercial and industrial, and tools. Its finance arm provides financing to franchisees to run their operations, which includes offering loans and leases for mobile vans.
ESG Risk Rating
Ranking
Industry Group (1st = lowest risk)
Machinery 227 out of 571
Universe
Global Universe 9257 out of 15080
What are the ESG Risk Ratings?
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Industry Comparison
Company | ESG Risk Rating | Industry Rank |
---|---|---|
Pentair plc |
22
Medium
|
82 out of 571 |
Alfa Laval AB |
23
Medium
|
112 out of 571 |
Snap-On, Inc. |
27.6
Medium
|
227 out of 571 |
Toyota Industries Corp. |
28
Medium
|
235 out of 571 |
IDEX Corp. |
30.6
High
|
331 out of 571 |
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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.
Snap-On, Inc.'s Exposure is Medium
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.
Snap-On, Inc.'s Management of ESG Material Risk is Average
How do the ESG Risk Ratings work?
Top Material ESG Issues for Snap-On, Inc.
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 Snap-On, Inc.'s ESG Risk Rating in the last three years
Highest Controversy Level