Voltas Ltd.
Industry Group: Consumer Durables
Country/Region: India
Identifier: BOM:500575
Voltas Ltd is one of India's air conditioning companies. It provides engineering solutions for heating, ventilation, and air conditioning, refrigeration, textile machinery, and heavy equipment. Voltas has three operating segments: Unitary Cooling Products for Comfort and Commercial use, Engineering Products and Services, and Electro-Mechanical Projects and Services. Remote monitoring and maintenance systems keep track of performance and strengthen relationships with customers. The majority of revenue comes from India, with the remainder split among the Middle East, Singapore, and other regions.
ESG Risk Rating
Ranking
Industry Group (1st = lowest risk)
Consumer Durables 145 out of 208
Universe
Global Universe 6445 out of 15104
What are the ESG Risk Ratings?
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Industry Comparison
Company | ESG Risk Rating | Industry Rank |
---|---|---|
Whirlpool Corp. |
18.1
Low
|
106 out of 208 |
Voltas Ltd. |
23.5
Medium
|
145 out of 208 |
Techtronic Industries Co., Ltd. |
25.1
Medium
|
161 out of 208 |
Sichuan Changhong Electric Co., Ltd. |
26
Medium
|
169 out of 208 |
Zhejiang Supor Co., Ltd. |
27.2
Medium
|
177 out of 208 |
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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.
Voltas 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.
Voltas Ltd.'s Management of ESG Material Risk is Average