Telefonaktiebolaget LM Ericsson
Industry Group: Technology Hardware
Country/Region: Sweden
Identifier: OME:ERIC.B
Ericsson provides telecom equipment and services that are primarily used to build and facilitate mobile networks through operations in three segments: networks, cloud and software services, and enterprises. The firm's customers have historically been primarily wireless carriers, but the firm is making a push to cater more to other enterprises as well, both as they try to take advantage of 5G capabilities and on other “as-a-service” communications platforms. The company also licenses its patents to handset manufacturers so their devices are compatible with wireless networks.
ESG Risk Rating
Ranking
Industry Group (1st = lowest risk)
Technology Hardware 209 out of 624
Universe
Global Universe 2019 out of 15080
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Industry Comparison
Company | ESG Risk Rating | Industry Rank |
---|---|---|
Nokia Oyj |
8.8
Negligible
|
24 out of 624 |
Motorola Solutions, Inc. |
12.4
Low
|
106 out of 624 |
Foxconn Industrial Internet Co., Ltd. |
13.9
Low
|
153 out of 624 |
Telefonaktiebolaget LM Ericsson |
15.6
Low
|
209 out of 624 |
Zhongji Innolight Co., Ltd. |
25
Medium
|
529 out of 624 |
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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.
Telefonaktiebolaget LM Ericsson'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.
Telefonaktiebolaget LM Ericsson's Management of ESG Material Risk is Strong
How do the ESG Risk Ratings work?
Top Material ESG Issues for Telefonaktiebolaget LM Ericsson
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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 Telefonaktiebolaget LM Ericsson's ESG Risk Rating in the last three years
Highest Controversy Level