OPENLANE, Inc.
Industry Group: Commercial Services
Country/Region: United States of America
Identifier: NYS:KAR
Openlane Inc offers a digital marketplace for used vehicles. The services comprise financing, repossessions, repairs, transportation, warranty, and inventory services. It operates used-vehicle auctions and offers complete online services for all parties involved. The company has two operating segments which include Marketplace and Finance, of which it generates the majority of the revenue from the Marketplace segment.
ESG Risk Rating
Ranking
Industry Group (1st = lowest risk)
Commercial Services 194 out of 490
Universe
Global Universe 3380 out of 16421
What are the ESG Risk Ratings?
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Industry Comparison
Company | ESG Risk Rating | Industry Rank |
---|---|---|
Bravida Holding AB |
13.2
Low
|
109 out of 490 |
OPENLANE, Inc. |
18
Low
|
194 out of 490 |
Jihua Group Corp. Ltd. |
24.3
Medium
|
380 out of 490 |
Oriental Energy Co., Ltd. |
26.6
Medium
|
442 out of 490 |
Shenzhen Fortune Trend Technology Co. Ltd. |
27
Medium
|
448 out of 490 |
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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.
OPENLANE, 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.
OPENLANE, Inc.'s Management of ESG Material Risk is Average
How do the ESG Risk Ratings work?
Controversy Rating
Highest Controversy level that has impacted OPENLANE, Inc.'s ESG Risk Rating in the last three years
Highest Controversy Level