Wizz Air Holdings PLC
Industry Group: Transportation
Country/Region: United Kingdom
Identifier: LON:WIZZ
Wizz Air is one of the fastest-growing airlines in Europe focusing on the Central and Eastern European region. The company employs a low-cost no-frills model to offer low fares to leisure customers on short-haul routes. In 2020, the company carried 40 million passengers, utilizing a fleet of 121 Airbus A320 aircraft across its 900 routes. To keep costs low the company serves predominantly lower-cost secondary airports. The company generated sales of EUR 2.8 billion in 2020.
ESG Risk Rating
Ranking
Industry Group (1st = lowest risk)
Transportation 194 out of 359
Universe
Global Universe 6323 out of 14731
What are the ESG Risk Ratings?
Notice: The information provided is for informational, non-commercial purposes only, does not constitute investment advice and is subject to conditions available in our Legal Disclaimer. Usage as a credit rating or as a benchmark is not permitted. Unless otherwise explicitly agreed in writing, usage for products and services, index creation, derivative work, portfolio or fund management, or any other usage are not permitted. By way of exception, usage is permitted only to the rated company, limited to a single reference of its own information in annual reporting and sustainability website, mentioning Sustainalytics as a source.
Industry Comparison
| Company | ESG Risk Rating | Industry Rank |
|---|---|---|
| Türk Hava Yollari AO |
22
Medium
|
109 out of 359 |
| China Airlines, Ltd. |
24.2
Medium
|
175 out of 359 |
| Wizz Air Holdings PLC |
25.1
Medium
|
194 out of 359 |
| easyJet PLC |
34.6
High
|
338 out of 359 |
| Juneyao Airlines Co., Ltd. |
35.1
High
|
344 out of 359 |
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.
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.
How do the ESG Risk Ratings work?
Top Material ESG Issues for Wizz Air Holdings PLC
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 Wizz Air Holdings PLC's ESG Risk Rating in the last three years
Highest Controversy Level
Contributing Events
Highest Controversy Events Locations
