Avance Gas Holding Ltd.
Industry Group: Refiners & Pipelines
Country/Region: Bermuda
Identifier: OSL:AGAS
Avance Gas Holding Ltd is engaged in the transportation of liquefied petroleum gas (LPG). It owns and operates very large gas carriers (VLGCs) providing transportation services to oil majors and traders of LPG. It operates a fleet of vessels providing customers with transportation services through the combination of the contract of affreightments and spot market voyages. The company transports liquefied petroleum to destinations in Europe, South America, India, and Asia, mainly loading the Middle East Gulf and the United States Gulf/United States East Coast. The company operates in a single segment which is liquefied petroleum gas.
ESG Risk Rating
Ranking
Industry Group (1st = lowest risk)
Refiners & Pipelines 47 out of 194
Universe
Global Universe 9918 out of 15100
What are the ESG Risk Ratings?
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Industry Comparison
Company | ESG Risk Rating | Industry Rank |
---|---|---|
S.N.T.G.N. Transgaz SA |
27.3
Medium
|
35 out of 194 |
Avance Gas Holding Ltd. |
29
Medium
|
47 out of 194 |
Teekay Corp. Ltd. |
31.6
High
|
72 out of 194 |
NGL Energy Partners LP |
46.2
Severe
|
176 out of 194 |
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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.
Avance Gas Holding 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.
Avance Gas Holding Ltd.'s Management of ESG Material Risk is Weak
How do the ESG Risk Ratings work?
Top Material ESG Issues for Avance Gas Holding Ltd.
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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 Avance Gas Holding Ltd.'s ESG Risk Rating in the last three years
Highest Controversy Level