Sustainalytics’ Controversies Research identifies companies involved in incidents and events that may negatively impact stakeholders, the environment or the company’s operations. Controversies are rated on a scale from one to five with five denoting the most serious controversies with the largest potential impact.
ESG data provided by Sustainalytics, Inc. Last Updated on 9/2023
TSLA
Category Average
3Significant Controversy Level
None4Severe
3.0 TSLA
2.3 Category Average
Product Involvement Areas
Flags a company’s involvement in products, services and business activities commonly used for screening purposes.
Model 3 has been awarded 5-stars with a Weighted Overall Index of 9.8/10 by Green NCAP, an independent initiative helping consumers evaluate vehicle sustainability.
Tesla's social-responsibility score climbed 8.4 points to 49.2, the lowest score in the category among the 10 Management Top 250 companies with the biggest gains. The auto maker ranks 486th for social responsibility among the more than 900 companies Drucker studied for the ranking. Its overall ranking is No.76.
In 2021, Tesla's ESG score was 27, while Shell's rating amounted to an impressive figure of 65, according to the S&P 500. This disparity was reduced considerably in 2022 as Shell's score dropped to 41 and Tesla's improved to 37.
Tesla also has an extensive corporate social responsibility (CSR) strategy that includes focusing on the safety of both employees and consumers, supporting a diverse work environment, sourcing responsibly produced materials, and contributing to education.
Step chart showing Tesla's reputation ranking in the Axios/Harris 100 Poll from 2019 to 2024. In 2019 Tesla was ranked #42. They peaked at #8 in 2021 before falling in 2023 to 62 and now sit at #63.
As of 2024, Consumer Reports ranks Tesla's overall brand #14 of the 30 car brands that they've tested. Their rankings are based on Tesla's predicted reliability score.
Environmental, social, and governance (ESG) scores are an essential tool for investors to assess a company's sustainability and ethical performance. These scores typically range from 0 to 100, with a score of less than 50 considered relatively poor and more than 70 considered good.
The article cited Tesla's poor score upon reentering the S&P 500 sustainability index, receiving only 37 out of a maximum 100 points, versus the 84 achieved by cigarette merchant Philip Morris International.
Introduction: My name is Horacio Brakus JD, I am a lively, splendid, jolly, vivacious, vast, cheerful, agreeable person who loves writing and wants to share my knowledge and understanding with you.
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