Basanite Inc - ESG Rating & Company Profile powered by AI
Detailed Sustainability analysis of Basanite Inc are accessed by registering for free. This assessment of Basanite Inc leverages intelligence from across the web as well as from available documents by Basanite Inc. The SDG rating for Basanite Inc indicates its transparency towards the UN SDGs.
Basanite Inc in the Commodity Chemicals industry gained a UN SDG ESG Transparency Score of 2.5; made up of an environmental score of 1.6, social score of 2.0 and governance score of 4.0.
2.5
Low ImpactEnvironmental
Social
Governance
Peer Group Comparison
| Rank | Company | SDG Transparency Score ⓘ | Performance |
|---|---|---|---|
| 1 | Calix Ltd | 8.0 | High |
| 1 | Castrol India Ltd | 8.0 | High |
| ... | ... | ... | |
| 458 | Solvac SA | 2.6 | Medium |
| 458 | Simona AG | 2.6 | Medium |
| 461 | Basanite Inc | 2.5 | Medium |
| 461 | Luxchem Corporation Bhd | 2.5 | Medium |
| 461 | Koppers Holdings Inc | 2.5 | Medium |
| ... | ... | ... | |
| 591 | Zhejiang Zhongcheng Packing Material Co Ltd | 0.0 | Low |
| 591 | Zhuzhou Times New Material Technology Co Ltd | 0.0 | Low |
| ... | ... | ... |
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Potential Risks for Basanite Inc
These potential risks are based on the size, segment and geographies of the company.
Basanite, Inc. engages in the basalt fiber reinforced polymer (FRP) business worldwide. It produces basalt FRP products that are used as replacement for other FRP rebar and industry fiber products, as wells as steel reinforcement. The company was formerly known as PayMeOn, Inc. and changed its name to Basanite, Inc. in December 2018. Basanite, Inc. was founded in 2006 and is headquartered in Oakland Park, Florida.