Tesla Inc - ESG Rating & Company Profile powered by AI

Industry Group:Auto & Truck Manufacturers

This Disclosure rating covers seventeen UN SDGs including: 'Good Health & Wellbeing', 'Responsible Production & Consumption' and 'Peace, Justice & Strong Institutions'. Jump to the bottom of this page for potential risks for Tesla Inc based on industry, location and marketcap. This webpage contains a questions and answers table on Tesla Inc.

Tesla Inc in the Auto & Truck Manufacturers industry gained a UN SDG ESG Transparency Score of 8.2; made up of an environmental score of 8.0, social score of 5.3 and governance score of 8.0.

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SDG Transparency Score for Tesla Inc 
Low
0 - 3
Medium
4 - 6

8.2

High Impact
7 - 10
Last Score Update: 2022-07-01
What drives the score for Tesla Inc 
8.0

Environmental

5.3

Social

8.0

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
1Ford Motor Co
9.1
High
1General Motors Co
9.1
High
7Renault SA
8.3
High
7Stellantis NV
8.3
High
9Tesla Inc
8.2
High
9Maruti Suzuki India Ltd
8.2
High
9Tata Motors Ltd
8.2
High
.........
155ZAP
0.0
Low
155eFleets Corp
0.0
Low
.........
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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 Tesla Inc reference operational or capital allocation in relation to climate change?Yes
company-nameInterimfiling2021-07-27
In January 2021, we updated our investment policy to provide us with more flexibility to further diversify and maximize returns on our cash that is not required to maintain adequate operating liquidity, al owing us to invest a portion of such cash in certain alternative reserve assets including digital assets, gold bul ion, gold exchange-traded funds and other assets as specified in the future. Thereafter, we invested certain of such cash in bitcoin and also accepted bitcoin as a form of payment for sales of certain of our products in specified regions, subject to applicable laws, and suspended this practice in May 2021. We believe in the long-term potential of digital assets both as an investment and also as a liquid alternative to cash. As with any investment and consistent with how we manage fiat-based cash and cash equivalent accounts, we may increase or decrease our holdings of digital assets at any time based on the needs of the business and on our view of market and environme...
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company-nameInterimfiling2021-10-25
In January 2021, we updated our investment policy to provide us with more flexibility to further diversify and maximize returns on our cash that is not required to maintain adequate operating liquidity, al owing us to invest a portion of such cash in certain alternative reserve assets including digital assets, gold bul ion, gold exchange-traded funds and other assets as specified in the future. Thereafter, we invested certain of such cash in bitcoin and also accepted bitcoin as a form of payment for sales of certain of our products in specified regions, subject to applicable laws, and suspended this practice in May 2021. We believe in the long-term potential of digital assets both as an investment and also as a liquid alternative to cash. As with any investment and consistent with how we manage fiat-based cash and cash equivalent accounts, we may increase or decrease our holdings of digital assets at any time based on the needs of the business and on our view of market and environme...
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Is Capital Expenditure linked to emissions reduction?

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Does the Board describe its role in the oversight of climate-related risks and opportunities?Yes
company-namecategory-descSTP2022-01-20
BIS encourages companies to disclose their approach to maintaining a sustainable business model. We believe that reporting aligned with the framework developed by the Task Force on Climate-related Financial Disclosures ("TCFD"), supported by industry-specific metrics such as those identified by the Sustainability Accounting Standards Board ("SASB"), can provide a comprehensive picture of a company's sustainability approach and performance. While the TCFD framework was developed to support climate-related risk disclosure, the four pillars of the TCFD Governance, Strategy, Risk Management, and Metrics and Targets are a useful way for companies to disclose how they identify, assess, manage, and oversee a variety of sustainability-related risks and opportunities. SASB's industry- specific guidance (as identified in its materiality map) is beneficial in helping companies identify key performance indicators ("KPIs") across various dimensions of sustainability that are considered to be fin...
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company-namecategory-descSTP2022-08-04
RESOLVED: Shareholders request the Board assess and report its ongoing water risk exposure, and all policies and practices to reduce this risk, from siting of facilities to preparing for water supply reductions associated with climate change, using quantitative indicators where appropriate.
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company-namecategory-descSTP2022-08-04
However, Tesla fails to provide facility-specific water reduction targets or use data; identify water risk at each location; assess and disclose supply chain related water risk; describe measures to reduce or avoid siting of facilities in high water risk areas; or describe its broader water risk management strategy. : Shareholders request the Board assess and report its ongoing water risk exposure, and all policies and practices to reduce this risk, from siting of facilities to preparing for water supply reductions associated with climate change, using quantitative indicators where appropriate. SUPPORTING STATEMENT : At management discretion, Proponents request reporting of: Facility-specific water use and targets Facility water risk assessment and policies, pre- and post-siting http://www.wri.org/our-work/project/aqueduct/
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Has Tesla Inc submitted or committed to submit to a shareholder vote (say-on-climate) its climate strategy?

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Does Tesla Inc disclose current and historical air emissions?

Does Tesla Inc disclose current and / or historical ozone-depleting emissions?

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Does Tesla Inc disclose current and / or historical scope 1 emissions?
Does Tesla Inc disclose current and / or historical scope 2 emissions?

Does Tesla Inc disclose current and / or historical scope 3 emissions?

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Does Tesla Inc disclose current and / or historical emissions broken down by scope?

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Does Tesla Inc disclose GHG and Air Emissions intensity?

Does Tesla Inc disclose GHG Targets?

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Does Tesla Inc disclose data for NOx, SOx and VOCs emissions?

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Does Tesla Inc disclose its Scope Emissions targets?

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Does Tesla Inc disclose current and historical energy intensity?

Does Tesla Inc disclose its current and / or historical energy use?

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Does Tesla Inc disclose energy use targets?

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Does Tesla Inc disclose its Renewable Energy targets?

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Does Tesla Inc disclose its biodiversity policy?

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Does Tesla Inc disclose its forestry policy?

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Does Tesla Inc disclose its internal carbon price?

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Does Tesla Inc disclose long-term targets (>5 years) for reducing its GHG emissions?

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Does Tesla Inc disclose Scope 3 emissions from use of sold products?

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Does Tesla Inc disclose current and historical material use?

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Are Operating Expesnses linked to emissions reduction?
Does Tesla Inc disclose climate scenario or pathway analysis?
Does Tesla Inc reflect climate-related risks in its financial statements?

Does Tesla Inc disclose the number and percentage of companies screened by environmental and social criteria?

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Are emissions metrics verified by CDP?

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Are emissions metrics verified by STBi?

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Does Tesla Inc report according to TCFD requirements?

Does Tesla Inc disclose current and historical waste generation?

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Does Tesla Inc disclose current and / or historical waste management?

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Does Tesla Inc disclose waste targets?

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Has Tesla Inc published clear targets on waste management?

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Does Tesla Inc disclose current and / or historical water consumption?

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Does Tesla Inc disclose its waste policy?
Does Tesla Inc disclose water use targets?
Does Tesla Inc condunt supply chain audits?

Does Tesla Inc engage third parties to conduct supply chain audit?

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Does Tesla Inc disclose board meeting attendance?

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Are there worker representatives on the board?

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Does Tesla Inc disclose long term financial targets?

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Does Tesla Inc report NPS (customer loyalty, customer churn or satisfaction surveys) ?

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Does Tesla Inc report customer churn rates?

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Does Tesla Inc have a policy relating to cyber security?

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Does Tesla Inc disclose cybersecurity risks?

Does Tesla Inc adhere to ISO 27001 / ISO 27002 standards or the NIST cybersecurity framework?

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Does Tesla Inc conduct cybersecurity training?

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Does Tesla Inc disclose the individual responsible for D&I?
Does Tesla Inc conduct 360 degree staff reviews?

Does Tesla Inc have engagement surveys, a culture survey, a pulse survey?

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

Does Tesla Inc disclose the vesting percentage required for performance threshold in the LTIP?

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Has Tesla Inc issued a profit warning in the past 24 months?
Does Tesla Inc report the average age of the workforce?

Does Tesla Inc report internal employee trust metrics such as ENPS?

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Does Tesla Inc permit its workforce to engage in collective bargaining?

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Does Tesla Inc disclose average employee tenure?

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Does Tesla Inc refer to human capital or people risk in its risk disclosures?

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Does Tesla Inc promote decent work conditions in relation to its supply chain?

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Does Tesla Inc allow for Work Councils/Collective Agreements to be formed?

Does Tesla Inc report the number of strikes or work related stoppages?

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Does Tesla Inc have an accelerator or VC vehicle to help deliver innovation?

Does Tesla Inc have a chief innovation officer?

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Does Tesla Inc disclose the ratio of CEO total compensation relative to average employee compensation ?

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Does Tesla Inc disclose its gender pay gap?

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Does Tesla Inc disclose its ethnicity pay gap?
Does Tesla Inc disclose the number of employees in R&D functions?

Does Tesla Inc engage in animal testing?

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Does Tesla Inc engage in stem cell research?

Does Tesla Inc have a commitment to a living wage?

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Does Tesla Inc disclose the vesting schedule of its equity compensation plan?

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Is executive remuneration linked to climate performance?
Does Tesla Inc offer flexible work?

Does Tesla Inc disclose employee diversity metrics?

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Does Tesla Inc disclose employee gender diversity metrics?

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Does Tesla Inc disclose the pay ratio of women to men?
Does Tesla Inc disclose incidents of non-compliance in relation to the health and safety impacts of products and services?

Does Tesla Inc disclose information on fatalities and accidents in the workplace

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Does Tesla Inc report instances of occupational ill health, injury and fatality?

Does Tesla Inc disclose reportable workplace incidents?

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Does Tesla Inc disclose the number of employees, new hires and turnover metrics?

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Does Tesla Inc disclose parental leave metrics?

Does Tesla Inc disclose employee training metrics?

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Does Tesla Inc disclose the number of operations that have been subject to human rights reviews or human rights impact assessments?
Does Tesla Inc disclose its policies for bribery, corruption, whistle-blower, conflict of interest?

Does Tesla Inc disclose the number of customer privacy complaints?

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Does Tesla Inc disclose incidents of discrimination?

Does Tesla Inc disclose incidents relating human rights, child labour and forced labour?

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Does Tesla Inc disclose incidents of corruption?

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Does Tesla Inc disclose the number of incidents involving the rights of indigenous peoples?

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Does Tesla Inc disclose incidents of non-compliance in relation to product and service information/labelling or marketing communications?

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Did Tesla Inc have a product recall in the last two years?
Does Tesla Inc support suppliers with sustainability related research and development?
Does Tesla Inc have careers partnerships with academic institutions?
Is Tesla Inc involved in embryonic stem cell research?

Does Tesla Inc avoid gender bias in its hiring?

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Does Tesla Inc disclose the number of hours and/or employees/security personnel trained on human rights policies or procedures?

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

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Tesla, Inc. designs, develops, manufactures, leases, and sells electric vehicles, and energy generation and storage systems in the United States, China, and internationally. The company operates in two segments, Automotive, and Energy Generation and Storage. The Automotive segment offers electric vehicles, as well as sells automotive regulatory credits. It provides sedans and sport utility vehicles through direct and used vehicle sales, a network of Tesla Superchargers, and in-app upgrades; and purchase financing and leasing services. This segment is also involved in the provision of non-warranty after-sales vehicle services, sale of used vehicles, retail merchandise, and vehicle insurance, as well as sale of products to third party customers; services for electric vehicles through its company-owned service locations, and Tesla mobile service technicians; and vehicle limited warranties and extended service plans. The Energy Generation and Storage segment engages in the design, manufacture, installation, sale, and leasing of solar energy generation and energy storage products, and related services to residential, commercial, and industrial customers and utilities through its website, stores, and galleries, as well as through a network of channel partners. This segment also offers service and repairs to its energy product customers, including under warranty; and various financing options to its solar customers. The company was formerly known as Tesla Motors, Inc. and changed its name to Tesla, Inc. in February 2017. Tesla, Inc. was incorporated in 2003 and is headquartered in Austin, Texas.