Tuya, Inc.
Industry Group: Software & Services
Country/Region: China
Identifier: HKG:2391
Tuya Inc is an IoT cloud development platform with a mission to build an IoT developer ecosystem and enable everything to be smart. The Company has pioneered a purpose-built IoT cloud development platform that delivers a full suite of offerings, including platform-as-a-service (PaaS) and Software-as-a-service (SaaS), to businesses and developers. Through its IoT cloud development platform, It has enabled developers to activate a vibrant IoT ecosystem of brands, OEMs, partners, and end users to engage and communicate through a broad range of smart devices. The company's revenue is derived from the PRC.
ESG Risk Rating
Ranking
Industry Group (1st = lowest risk)
Software & Services 377 out of 962
Universe
Global Universe 4604 out of 15080
What are the ESG Risk Ratings?
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Industry Comparison
Company | ESG Risk Rating | Industry Rank |
---|---|---|
Tuya, Inc. |
20.3
Medium
|
377 out of 962 |
E2open Parent Holdings, Inc. |
21
Medium
|
419 out of 962 |
Learning Technologies Group Plc |
22
Medium
|
481 out of 962 |
Bumble, Inc. |
23.3
Medium
|
583 out of 962 |
Dye & Durham Ltd. |
25
Medium
|
727 out of 962 |
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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.
Tuya, Inc.'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.
Tuya, Inc.'s Management of ESG Material Risk is Average