Tenaris SA
Industry Group: Energy Services
Country/Region: Luxembourg
Identifier: MIL:TEN
Tenaris is one of the largest global producers of oil country tubular goods, which are used primarily in the construction of oil and gas wells. Its production facilities are located primarily in the US, Argentina, Mexico, and Italy. Tenaris’ premium OCTG products are among the most trusted by oil companies for use in the most challenging applications, including deep-water offshore wells and horizontal shale wells.
ESG Risk Rating
Ranking
Industry Group (1st = lowest risk)
Energy Services 34 out of 106
Universe
Global Universe 6675 out of 15080
What are the ESG Risk Ratings?
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Industry Comparison
Company | ESG Risk Rating | Industry Rank |
---|---|---|
Baker Hughes Co. |
19.1
Low
|
15 out of 106 |
Tenaris SA |
23.6
Medium
|
34 out of 106 |
Halliburton Co. |
23.8
Medium
|
38 out of 106 |
TechnipFMC plc |
24.6
Medium
|
42 out of 106 |
China Oilfield Services Ltd. |
32
High
|
82 out of 106 |
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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.
Tenaris SA'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.
Tenaris SA's Management of ESG Material Risk is Average
How do the ESG Risk Ratings work?
Top Material ESG Issues for Tenaris SA
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 Tenaris SA's ESG Risk Rating in the last three years
Highest Controversy Level