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 474 out of 962
Universe
Global Universe 5416 out of 15104
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 |
| Trip.com Group Ltd. |
21.8
Medium
|
474 out of 962 |
| DoorDash, Inc. |
21.9
Medium
|
480 out of 962 |
| The Trade Desk, Inc. |
22.7
Medium
|
538 out of 962 |
| Cloudflare, Inc. |
23.9
Medium
|
647 out of 962 |
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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
Contributing Events
Highest Controversy Events Locations
