Xero Ltd.
Industry Group: Software & Services
Country/Region: New Zealand
Identifier: ASX:XRO
Xero is a technology company originating from New Zealand, providing cloud-based accounting software, primarily for small and midsize enterprises, or SMEs, and accounting practices. As a first mover in the space for cloud-based accounting software, Xero has grown quickly to achieve dominant market share in New Zealand and Australia, displacing legacy providers. Xero has also expanded beyond its home region toward other English-speaking countries, primarily the United Kingdom.
ESG Risk Rating
Ranking
Industry Group (1st = lowest risk)
Software & Services 77 out of 962
Universe
Global Universe 1671 out of 15080
What are the ESG Risk Ratings?
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Industry Comparison
Company | ESG Risk Rating | Industry Rank |
---|---|---|
Guidewire Software, Inc. |
13.4
Low
|
37 out of 962 |
Xero Ltd. |
14.8
Low
|
77 out of 962 |
Aspen Technology, Inc. |
16.3
Low
|
141 out of 962 |
monday.com Ltd. |
18.2
Low
|
247 out of 962 |
Iflytek Co., Ltd. |
23.1
Medium
|
570 out of 962 |
For corporate professionals interested in direct competitor insights
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.
Xero Ltd.'s Exposure is Low
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.
Xero Ltd.'s Management of ESG Material Risk is Strong
How do the ESG Risk Ratings work?
Top Material ESG Issues for Xero Ltd.
Understand how exposed companies are to specific material ESG issues and how well companies are managing these issues.
What are Material ESG Issues?
Material ESG issues are issues that are considered to be financially material to a given company in a relevant sub-industry.
Controversy Rating
Highest Controversy level that has impacted Xero Ltd.'s ESG Risk Rating in the last three years
Highest Controversy Level