WEX IncWEX Inc - ESG Rating & Company Profile powered by AI

Industry Group:Business Support Services

The ESG rating covers 17 United Nations Sustainable Development Goals including: 'Affordable & Clean Energy', 'Climate Action' and 'Life on Land'. Browse to the bottom of this page for potential risks for WEX Inc based on industry, geography and size. Comprehensive ESG assessment of WEX Inc can be reached by signing up for free.

WEX Inc in the Business Support Services industry gained a UN SDG ESG Transparency Score of 4.1; made up of an environmental score of 3.0, social score of 6.0 and governance score of 3.4.

SDG Transparency Score for WEX Inc 
Low
0 - 3

4.1

Medium Impact
4 - 6
High
7 - 10
Last Score Update: 2024-05-01
What drives the score for WEX Inc 
3.0

Environmental

6.0

Social

3.4

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
1Calian Group Ltd
8.0
High
1CARE Ratings Ltd
8.0
High
314G4S Ltd
4.2
High
314Repay Holdings Corp
4.2
High
318WEX Inc
4.1
High
318Brady Corp
4.1
High
318Coursera Inc
4.1
High
.........
617iBosses Corporation Ltd
0.0
Low
617iMarketKorea Inc
0.0
Low
.........
View the full peer group of 1172 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 WEX Inc have an accelerator or VC vehicle to help deliver innovation?

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Does WEX Inc disclose current and historical energy intensity?

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Does WEX Inc report the average age of the workforce?

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Does WEX Inc reference operational or capital allocation in relation to climate change?

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Does WEX Inc disclose its ethnicity pay gap?

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Does WEX Inc disclose cybersecurity risks?

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Does WEX Inc offer flexible work?

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

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Does WEX Inc disclose the number of employees in R&D functions?

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Does WEX Inc conduct supply chain audits?

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Does WEX Inc 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 WEX Inc conduct 360 degree staff reviews?

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Does WEX Inc disclose the individual responsible for D&I?

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

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Does WEX Inc disclose water use targets?

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Does WEX Inc have careers partnerships with academic institutions?

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Did WEX Inc have a product recall in the last two years?

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Does WEX Inc disclose incidents of discrimination?

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

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Has WEX Inc issued a profit warning in the past 24 months?

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Does WEX Inc disclose parental leave metrics?

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Does WEX Inc disclose climate scenario or pathway analysis?

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

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Are Operating Expesnses linked to emissions reduction?

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Does WEX Inc disclose the pay ratio of women to men?

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Does WEX Inc support suppliers with sustainability related research and development?

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

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Does WEX Inc 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 WEX Inc involved in embryonic stem cell research?

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Does WEX Inc disclose GHG and Air Emissions intensity?

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Does WEX Inc disclose its waste policy?

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Does WEX Inc report according to TCFD requirements?

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Does WEX Inc disclose its policies for bribery, corruption, whistle-blower, conflict of interest?

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Does WEX Inc disclose energy use targets?

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Does WEX Inc disclose its Renewable Energy targets?

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Are emissions metrics verified by STBi?

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Does WEX Inc have a policy relating to cyber security?

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

WEX Inc. provides financial technology services in the United States and internationally. It operates through three segments: Fleet Solutions, Travel and Corporate Solutions, and Health and Employee Benefit Solutions. The Fleet Solutions segment offers fleet vehicle payment processing services. Its services include customer, account activation, and account retention services; authorization and billing inquiries, and account maintenance services; credit and collections services; merchant services; analytics solutions with access to web-based data analytics platform that offers insights to fleet managers; and ancillary services and tools to fleets to manage expenses and capital requirements. This segment markets its products directly and indirectly to commercial and government vehicle fleet customers with small, medium, and large fleets, as well as with over-the-road and long haul fleets; and indirectly through co-branded and private label relationships. The Travel and Corporate Solutions segment provides payment solutions, including embedded payments; and accounts payable automation and spend management solutions. Its products include virtual cards that are used for transactions where no card is presented. This segment markets its products directly and indirectly to commercial and government organizations. The Health and Employee Benefit Solutions segment offers healthcare payment products and software-as-a-service consumer directed platforms for healthcare market, as well as payroll related and employee benefit products in Brazil. This segment markets its products through health plans, third-party administrators, financial institutions, payroll companies benefits consultants, software providers, and individuals. The company was formerly known as Wright Express Corporation and changed its name to WEX Inc. in October 2012. WEX Inc. was founded in 1983 and is based in Portland, Maine.

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