Trip.com Group Ltd.
Industry Group: Software & Services
Country/Region: China
Identifier: HKG:9961
Trip.com is the largest online travel agent in China and is positioned to benefit from the country's rising demand for higher-margin outbound travel as passport penetration is only 12% in China. The company generated about 78% of sales from accommodation reservations and transportation ticketing in 2020. The rest of revenue comes from package tours and corporate travel. Before the pandemic in 2019, the company generated 25% of revenue from international business, which is important to its margin expansion. Most of sales come from its online platform, but the company also maintains offline call centers. The competes in a crowded OTA industry in China, including Meituan, Alibaba-backed Fliggy, Tongcheng, and Qunar. The company was founded in 1999 and listed on the Nasdaq in December 2003.
ESG Risk Rating
Ranking
Industry Group (1st = lowest risk)
Software & Services 471 out of 962
Universe
Global Universe 5522 out of 15080
What are the ESG Risk Ratings?
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Industry Comparison
Company | ESG Risk Rating | Industry Rank |
---|---|---|
Naspers Ltd. |
16.3
Low
|
145 out of 962 |
Baidu, Inc. |
18.2
Low
|
248 out of 962 |
Trip.com Group Ltd. |
21.8
Medium
|
471 out of 962 |
DoorDash, Inc. |
21.9
Medium
|
477 out of 962 |
The Trade Desk, Inc. |
22.4
Medium
|
504 out of 962 |
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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.
Trip.com Group Ltd.'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.
Trip.com Group Ltd.'s Management of ESG Material Risk is Average
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Top Material ESG Issues for Trip.com Group Ltd.
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Controversy Rating
Highest Controversy level that has impacted Trip.com Group Ltd.'s ESG Risk Rating in the last three years
Highest Controversy Level