Balkrishna Industries Ltd.
Industry Group: Auto Components
Country/Region: India
Identifier: BOM:502355
Balkrishna Industries Ltd is a manufacturer of Off-Highway tires. The company serves original equipment manufacturers and customers in the replacement market. Tire products are utilized in agricultural and forestry, industrial markets, earthmoving, construction, port, mining, ATV, and gardening applications. Based out of India, the majority of Balkrishna's revenue is derived from international markets. Marketing and sales of tire products are conducted through wholly-owned subsidiaries in Europe and North America.
ESG Risk Rating
Ranking
Industry Group (1st = lowest risk)
Auto Components 146 out of 243
Universe
Global Universe 5791 out of 15100
What are the ESG Risk Ratings?
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Industry Comparison
Company | ESG Risk Rating | Industry Rank |
---|---|---|
Compagnie Générale des Établissements Michelin SCA |
10.1
Low
|
9 out of 243 |
Pirelli & C. SpA |
11
Low
|
11 out of 243 |
Balkrishna Industries Ltd. |
22.4
Medium
|
146 out of 243 |
MRF Ltd. |
22.7
Medium
|
153 out of 243 |
Sailun Group Co., Ltd. |
26.3
Medium
|
205 out of 243 |
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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.
Balkrishna Industries 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.
Balkrishna Industries Ltd.'s Management of ESG Material Risk is Average
How do the ESG Risk Ratings work?
Top Material ESG Issues for Balkrishna Industries 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 Balkrishna Industries Ltd.'s ESG Risk Rating in the last three years
Highest Controversy Level