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 92 out of 667
Universe
Global Universe 666 out of 16006
What are the ESG Risk Ratings?
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Industry Comparison
Company | ESG Risk Rating | Industry Rank |
---|---|---|
Nokia Oyj |
8.8
Negligible
|
33 out of 667 |
Telefonaktiebolaget LM Ericsson |
11.4
Low
|
92 out of 667 |
Foxconn Industrial Internet Co., Ltd. |
13.9
Low
|
185 out of 667 |
Xiaomi Corp. |
20
Low
|
405 out of 667 |
Zhongji Innolight Co., Ltd. |
25
Medium
|
578 out of 667 |
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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.
Telefonaktiebolaget LM Ericsson'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.
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
Understand how exposed companies are to specific material ESG issues and how well companies are managing these issues.
![blurred material ESG issues](/ResourcePackages/Sustainalytics/assets/img/company-rating/mei-blur.png)
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
![blurred controversy level](/ResourcePackages/Sustainalytics/assets/img/company-rating/cr-level-blur.jpg)
Contributing Events
![blurred controversy events](/ResourcePackages/Sustainalytics/assets/img/company-rating/cr-events-blur.jpg)
Highest Controversy Events Locations
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