Ferronordic ABFerronordic AB - ESG Rating & Company Profile powered by AI

Industry Group:Heavy Machinery & Vehicles

This analysis of Ferronordic AB is prepared by All Street Sevva using advanced AI. Alternative companies in the scoring peer group for Ferronordic AB are shownin the table. The report of Ferronordic AB leverages information from across the internet as well as from available disclosures by Ferronordic AB.

Ferronordic AB in the Heavy Machinery & Vehicles industry gained a UN SDG ESG Transparency Score of 4.8; made up of an environmental score of 3.4, social score of 5.7 and governance score of 5.3.

SDG Transparency Score for Ferronordic AB 
Low
0 - 3

4.8

Medium Impact
4 - 6
High
7 - 10
Last Score Update: 2023-07-01
What drives the score for Ferronordic AB 
3.4

Environmental

5.7

Social

5.3

Governance

Detailed ESG Breakdown
SEVVA Platform offers unique drill down to the underlying sources powering the ratings. Break down your ESG analysis by 17 UN SDGs and 8 additional governance factors.

Peer Group Comparison

RankCompanySDG Transparency Score Performance
1Manitowoc Company Inc
8.7
High
2Cummins Inc
8.4
High
114Kirovskiy Zavod PAO
4.9
High
114Rungta Irrigation Ltd
4.9
High
119Ferronordic AB
4.8
High
120Doosan Bobcat Inc
4.7
High
120NEFAZ PAO
4.7
High
.........
258Zavod Start OAO
0.0
Low
258Zavolzhskiy Zavod Gusenichnykh Tyagachey OAO
0.0
Low
.........
View the full peer group of 354 companies on the SEVVA platformSign up for free
Peer Companies Benchmark
SEVVA Platform benchmarks each company against a peer group. View the full score distribution for peers by logging into SEVVA

Frequently Asked Questions

Does Ferronordic AB have an accelerator or VC vehicle to help deliver innovation?

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Does Ferronordic AB disclose current and historical energy intensity?

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Does Ferronordic AB report the average age of the workforce?

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Does Ferronordic AB reference operational or capital allocation in relation to climate change?

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Does Ferronordic AB disclose its ethnicity pay gap?

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Does Ferronordic AB disclose cybersecurity risks?

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Does Ferronordic AB offer flexible work?

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Does Ferronordic AB have a long term incentive (LTI) executive compensation plan based on a measure of return on capital?

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Does Ferronordic AB disclose the number of employees in R&D functions?

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Does Ferronordic AB conduct supply chain audits?

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Does Ferronordic AB disclose incidents of non-compliance in relation to the health and safety impacts of products and services?

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Is there a statment that there is no plan to expand their cement production? (for example: 'We have no current plans to add additional cement making capacity')

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Does Ferronordic AB conduct 360 degree staff reviews?

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Does Ferronordic AB disclose the individual responsible for D&I?

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Does Ferronordic AB disclose current and historical air emissions?

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Is there a statment that there is no plan to expand their coal usage? (for example: 'We have no current plans to add additional coal powered electricity generation')

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Is executive remuneration linked to climate performance?

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Does the Board describe its role in the oversight of climate-related risks and opportunities?

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Does Ferronordic AB disclose current and / or historical scope 2 emissions?

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Does Ferronordic AB disclose water use targets?

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Does Ferronordic AB have careers partnerships with academic institutions?

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Did Ferronordic AB have a product recall in the last two years?

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Does Ferronordic AB disclose incidents of discrimination?

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Does Ferronordic AB allow for Work Councils/Collective Agreements to be formed?

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Has Ferronordic AB issued a profit warning in the past 24 months?

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Does Ferronordic AB disclose parental leave metrics?

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Does Ferronordic AB disclose climate scenario or pathway analysis?

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Does Ferronordic AB disclose current and / or historical scope 1 emissions?

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Are Operating Expesnses linked to emissions reduction?

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Does Ferronordic AB disclose the pay ratio of women to men?

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Does Ferronordic AB support suppliers with sustainability related research and development?

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Does Ferronordic AB disclose the number of operations that have been subject to human rights reviews or human rights impact assessments?

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Does Ferronordic AB reflect climate-related risks in its financial statements?

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Is there a statment that there is no plan to expand their carbon intensite energy assets? (for example: 'We have no current plans to carry out further drilling for oil,')

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Is Ferronordic AB involved in embryonic stem cell research?

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Does Ferronordic AB disclose GHG and Air Emissions intensity?

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Does Ferronordic AB disclose its waste policy?

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Does Ferronordic AB report according to TCFD requirements?

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Does Ferronordic AB disclose its policies for bribery, corruption, whistle-blower, conflict of interest?

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Does Ferronordic AB disclose energy use targets?

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Does Ferronordic AB disclose its Renewable Energy targets?

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Are emissions metrics verified by STBi?

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Does Ferronordic AB have a policy relating to cyber security?

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Potential Risks for Ferronordic AB
These potential risks are based on the size, segment and geographies of the company.

Ferronordic AB (publ), together with its subsidiaries, sells, rents, and services construction equipment, trucks, and other machines in Russia, Kazakhstan, and Germany. The company also sells, repairs, and maintains machines, trucks, engines, spare parts, and attachments; and offers aftermarket sales services, as well as technical support, contracting, and other services. In addition, it provides consultancy services, such as machine operator training. The company's brand portfolio includes Volvo Construction Equipment, Terex Trucks, Dressta, Rottne, Mecalac, Ferronordic, Volvo, and Renault Trucks. It serves the mining, road construction, general construction, forestry, quarries and aggregates, and oil and gas industries. Ferronordic AB (publ) was founded in 2010 and is headquartered in Stockholm, Sweden.

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