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Momox – ESG risk research and ESG rating
We at sustainAX have ESG risk researched and ESG risk rated Momox and our clients can access the reseach on their Bloomberg terminals.
Momox is in the materiality based sector of RETAILING.
Our ESG risk research of Momox
Our approach to ESG research is fundamental, that means that we have studied all relevant publications by Momox and combined this with fundamental understanding of ESG challenges and risks of different activities and for the RETAILING sector. This makes us well placed to estimate the ESG risks of Momox. We have published a 33 pages ESG research report on Momox 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 Momox.
More about our ESG risk research here: https://www.sustainax.com/index.php/esg-research/
AGGREGATED ESG RISK RATING* for Momox:
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 Momox 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 Momox:
40-60 of 100 – Middle risk
30.17 %
Social RISK RATING* and WEIGHT** for Momox:
40-60 of 100 – Middle risk
41.28 %
Governance RISK RATING* and WEIGHT** for Momox:
40-60 of 100 – Middle risk
28.54 %
About the company:
Since 2004, momox has sold used books, CDs, DVDs, games and other media items. In 2014, the product range was expanded to include used clothing (momox fashion, formerly ubup). This entailed taking on a sector which is struggling to contain its negative impact on the climate, the environment and people despite earnest efforts to promote sustainability. The manufacture of products such as clothing is extremely resource-intensive, yet many people are increasingly treating such goods as disposable. The fashion industry as a whole ranks among the largest sources of carbon dioxide (CO2) emissions, which plays a significant role in the climate crisis. However, this liability also represents an opportunity. If the sustainability of the relevant sectors can be increased, this will benefit the environment to a considerable extent.
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