SoFi Technologies, Inc.
Industry Group: Diversified Financials
Country/Region: United States of America
Identifier: NAS:SOFI
SoFi is a financial-services company that was founded in 2011 and is based in San Francisco. Initially known for its student loan refinancing business, the company has expanded its product offerings to include personal loans, credit cards, mortgages, investment accounts, banking services, and financial planning. The company intends to be a one-stop shop for its clients' finances and operates solely through its mobile app and website. Through its acquisition of Galileo in 2020, the company also offers payment and account services for debit cards and digital banking.
ESG Risk Rating
Ranking
Industry Group (1st = lowest risk)
Diversified Financials 323 out of 875
Universe
Global Universe 7255 out of 15104
What are the ESG Risk Ratings?
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Industry Comparison
Company | ESG Risk Rating | Industry Rank |
---|---|---|
Shriram Finance Ltd. |
20.1
Medium
|
194 out of 875 |
Affirm Holdings, Inc. |
22.9
Medium
|
266 out of 875 |
Cholamandalam Investment & Finance Co. Ltd. |
24.1
Medium
|
299 out of 875 |
SoFi Technologies, Inc. |
24.7
Medium
|
323 out of 875 |
Indian Railway Finance Corp. Ltd. |
28.9
Medium
|
488 out of 875 |
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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.
SoFi Technologies, 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.
SoFi Technologies, Inc.'s Management of ESG Material Risk is Average
How do the ESG Risk Ratings work?
Top Material ESG Issues for SoFi Technologies, 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 SoFi Technologies, Inc.'s ESG Risk Rating in the last three years
Highest Controversy Level