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Cegal – ESG risk research and ESG rating
We at sustainAX have ESG risk researched and ESG risk rated Cegal and our clients can access the reseach on their Bloomberg terminals.
Cegal is in the materiality based sector of MEDIA, ENTERTAINMENT, SOFTWARE AND SERVICES.
Our ESG risk research of Cegal
Our approach to ESG research is fundamental, that means that we have studied all relevant publications by Cegal and combined this with fundamental understanding of ESG challenges and risks of different activities and for the MEDIA, ENTERTAINMENT, SOFTWARE AND SERVICES sector. This makes us well placed to estimate the ESG risks of Cegal. We have published a 33 pages ESG research report on Cegal with a conclusion highlighting the most important residual risks, a section suggesting how it should be integrated in investment decisions and a list of all the questions we think should be asked to Cegal.
More about our ESG risk research here: https://www.sustainax.com/index.php/esg-research/
AGGREGATED ESG RISK RATING* for Cegal:
40-60 of 100
Middle risk
Where 100 is the lowest ESG risk and 0 is the highest risk.
*The ESG, E, S and G risk rating ranges indicate to what degree Cegal has addressed and mitigated their material ESG risks according to the sustainAX materiality matrix. sustainAX’ clients have access to the exact ESG risk rating.
**The weight in the aggregated ESG rating
Environmental RISK RATING* and WEIGHT** for Cegal:
80-100 of 100 – Very Low risk
26.8 %
Social RISK RATING* and WEIGHT** for Cegal:
40-60 of 100 – Middle risk
36.34 %
Governance RISK RATING* and WEIGHT** for Cegal:
40-60 of 100 – Middle risk
36.84 %
About the company:
Cegal, headquartered in Stavanger, Norway, was founded in 2000 and provides mission-critical cloud, software, and data management solutions to the oil and gas, renewables, and ocean industries. Cegal’s highly scalable solutions run on data centers powered by clean energy. The cloud products enable true digital collaboration and secure access to critical industrial control systems, thereby reducing the need for travel. In 2021, Cegal joined forces with SYSCO, a Norwegian provider of smart applications to the energy industry, and acquired Envision, a Norwegian consultancy and software solutions company. The joint company aims to be a valuable contributor to driving the green shift and solving challenges in other industries with similar needs.
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