Avid Technology, Inc.
Industry Group: Technology Hardware
Country/Region: United States of America
Identifier: -
Avid Technology Inc develops and sells software and hardware for digital media production and management. Its products are used in production, film studios, cable television stations, recording studios, and other agencies. The company has operations in the U.S.; the Americas; Europe, Middle East, and Africa; and Asia-Pacific. Most of its revenue is split fairly evenly between the U.S. and EMEA. The company's products are organized into suites, including Artist Suite, which includes video editing and digital audio workstations; Media Suite, which provides newsroom management solutions; Studio Suite, which provides tools for on-air programming; and Storage Suite, which provides products for digital storage. It derives most of the revenue from video and audio products and services.
ESG Risk Rating
Ranking
Industry Group (1st = lowest risk)
Technology Hardware 307 out of 625
Universe
Global Universe 3248 out of 15100
What are the ESG Risk Ratings?
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Industry Comparison
Company | ESG Risk Rating | Industry Rank |
---|---|---|
Xerox Holdings Corp. |
16.1
Low
|
224 out of 625 |
Toshiba Tec Corp. |
16.7
Low
|
248 out of 625 |
Avid Technology, Inc. |
18.1
Low
|
307 out of 625 |
HTC Corp. |
18.7
Low
|
318 out of 625 |
Ennoconn Corp. |
28.6
Medium
|
598 out of 625 |
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.
Avid Technology, Inc.'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.
Avid Technology, Inc.'s Management of ESG Material Risk is Average
How do the ESG Risk Ratings work?
Controversy Rating
Highest Controversy level that has impacted Avid Technology, Inc.'s ESG Risk Rating in the last three years
Highest Controversy Level