TELA Bio, Inc.
Industry Group: Healthcare
Country/Region: United States of America
Identifier: NAS:TELA
TELA Bio Inc is a United States-based medical technology company. The company is involved in developing and marketing of tissue reinforcement materials to address unmet needs in soft tissue reconstruction. Its reinforced tissue matrices called OviTex improve the clinical outcomes and reduce costs of care in hernia repair, abdominal wall reconstruction and plastic and reconstructive surgery. The company's second portfolio of products, the OviTex PRS Reinforced Tissue Matrix, addresses unmet needs in plastic and reconstructive surgery.
ESG Risk Rating
Ranking
Industry Group (1st = lowest risk)
Healthcare 470 out of 587
Universe
Global Universe 11320 out of 15120
What are the ESG Risk Ratings?
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Industry Comparison
Company | ESG Risk Rating | Industry Rank |
---|---|---|
908 Devices, Inc. |
30.2
High
|
418 out of 587 |
TELA Bio, Inc. |
31.8
High
|
470 out of 587 |
C-RAD AB |
32
High
|
479 out of 587 |
HUMASIS Co., Ltd. |
32.9
High
|
506 out of 587 |
VIEWORKS Co., Ltd. |
33.9
High
|
528 out of 587 |
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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.
TELA Bio, 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.
TELA Bio, Inc.'s Management of ESG Material Risk is Average