Tiangong International Co. Ltd.
Industry Group: Steel
Country/Region: China
Identifier: HKG:826
Tiangong International Co Ltd is engaged in the manufacturing and sales of high alloy steel, cutting tools, titanium alloy, trading of goods, and others. The reportable segments of the company are, 1) The DS segment manufactures and sells materials that are used in the die set manufacturing industry. 2) The HSS segment manufactures and sells materials that are used in the tools manufacturing industry. 3) The cutting tools segment manufactures and sells HSS and carbide cutting tools to the tooling industry. 4) The titanium alloy segment manufactures and sells titanium alloys to the titanium industry. 5) The trading of goods segment sells general carbon steel products that are not within the Group’s production scope. 6) The Others segment assembles and sells power tools kits.
ESG Risk Rating
Ranking
Industry Group (1st = lowest risk)
Steel 110 out of 160
Universe
Global Universe 15051 out of 16007
What are the ESG Risk Ratings?
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Industry Comparison
Company | ESG Risk Rating | Industry Rank |
---|---|---|
Companhia de Ferro Ligas da Bahia |
34.9
High
|
47 out of 160 |
Hsin Kuang Steel Co., Ltd. |
41.1
Severe
|
105 out of 160 |
Tiangong International Co. Ltd. |
41.7
Severe
|
110 out of 160 |
Jiangsu Changbao Steeltube Co., Ltd. |
47.4
Severe
|
145 out of 160 |
SK Oceanplant Co., Ltd. |
51.8
Severe
|
157 out of 160 |
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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.
Tiangong International Co. Ltd.'s Exposure is High
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.
Tiangong International Co. Ltd.'s Management of ESG Material Risk is Average