S&P 500   5,137.08
DOW   39,087.38
QQQ   445.61
South Korean doctors hold massive anti-government rally over medical school recruitment plan
Critical asset just had biggest fall on record (Ad)
Nobel laureate Muhammad Yunus is granted bail in a Bangladesh graft case
Chicago 'mansion' tax to fund homeless services stuck in legal limbo while on the ballot
Critical asset just had biggest fall on record (Ad)
Former Bank of Beijing chairman under investigation, part of China's crackdown on corruption
Trader Joe's chicken soup dumplings recalled for possibly containing permanent marker plastic
Critical asset just had biggest fall on record (Ad)
What to watch for as China's major political meeting of the year gets underway
Head Start preschools aim to fight poverty, but their teachers struggle to make ends meet
S&P 500   5,137.08
DOW   39,087.38
QQQ   445.61
South Korean doctors hold massive anti-government rally over medical school recruitment plan
Critical asset just had biggest fall on record (Ad)
Nobel laureate Muhammad Yunus is granted bail in a Bangladesh graft case
Chicago 'mansion' tax to fund homeless services stuck in legal limbo while on the ballot
Critical asset just had biggest fall on record (Ad)
Former Bank of Beijing chairman under investigation, part of China's crackdown on corruption
Trader Joe's chicken soup dumplings recalled for possibly containing permanent marker plastic
Critical asset just had biggest fall on record (Ad)
What to watch for as China's major political meeting of the year gets underway
Head Start preschools aim to fight poverty, but their teachers struggle to make ends meet
S&P 500   5,137.08
DOW   39,087.38
QQQ   445.61
South Korean doctors hold massive anti-government rally over medical school recruitment plan
Critical asset just had biggest fall on record (Ad)
Nobel laureate Muhammad Yunus is granted bail in a Bangladesh graft case
Chicago 'mansion' tax to fund homeless services stuck in legal limbo while on the ballot
Critical asset just had biggest fall on record (Ad)
Former Bank of Beijing chairman under investigation, part of China's crackdown on corruption
Trader Joe's chicken soup dumplings recalled for possibly containing permanent marker plastic
Critical asset just had biggest fall on record (Ad)
What to watch for as China's major political meeting of the year gets underway
Head Start preschools aim to fight poverty, but their teachers struggle to make ends meet
S&P 500   5,137.08
DOW   39,087.38
QQQ   445.61
South Korean doctors hold massive anti-government rally over medical school recruitment plan
Critical asset just had biggest fall on record (Ad)
Nobel laureate Muhammad Yunus is granted bail in a Bangladesh graft case
Chicago 'mansion' tax to fund homeless services stuck in legal limbo while on the ballot
Critical asset just had biggest fall on record (Ad)
Former Bank of Beijing chairman under investigation, part of China's crackdown on corruption
Trader Joe's chicken soup dumplings recalled for possibly containing permanent marker plastic
Critical asset just had biggest fall on record (Ad)
What to watch for as China's major political meeting of the year gets underway
Head Start preschools aim to fight poverty, but their teachers struggle to make ends meet

Globus Medical (GMED) ESG Score & Sustainability Data

$54.45
+0.46 (+0.85%)
(As of 03/1/2024 ET)

Key ESG Takeaways for Globus Medical

The key takeaways are AI-generated and highlight the main contributors behind the net impact scores of Globus Medical. The insights are based on millions of scientific articles, along with the company-specific product and service portfolio.
  • Globus Medical seems to create the most significant positive value in categories , , and . The largest positive contribution comes from its impact, which is mostly driven by its Neurostimulators, Synthetic bone grafts, Artificial joints, and Robotic surgery systems products.
  • On the other hand, these positive outcomes are achieved by using resources or causing negative impacts in categories , , and . The negative contribution in the impact category seems to be driven mostly by its Spinal cord stimulator (SCS) devices, Cervical implants, Cervical disc replacements, and Osteosynthesis devices products.
  • To improve its net impact, a company can either grow its positive impacts, or reduce its negative impacts. For example, by doubling its Neurostimulators business, Globus Medical would improve its net impact ratio by 4 percentage points.

GMED Impact Ratio

Net impact ratio represents the net impact of a company. It is defined as the (positive impacts - negative impacts) / positive impacts. The maximum value for net impact ratio is 100%, representing a theoretical company with no negative impacts. The minimum value is -∞. Net scores depend on the value sets that determine the importance of different impact categories.
+57.3%
The default value set, where each category is given the same weight.

Value Sets Value sets can be used to assess how different stakeholder values or emphasis on certain values might affect the net impact ratio.

Millennials
Value set of millennials (b. 1980 - 1999), based on Upright's annual Impact at Work survey.
+61.3%
Most Wanted Workforce
Value set of the most wanted workforce, based on Upright's annual Impact at Work survey.
+47.0%
Society First
Value set that emphasizes society impacts over other impacts.
+24.2%
Knowledge First
Value set that emphasizes knowledge impacts over other impacts.
+48.8%
Health First
Value set that emphasizes health impacts over other impacts.
+80.1%

Globus Medical ESG Score + Net Impact Profile

ImpactNegativeScorePositive
+1.09
+1.09
+1.90
+1.90
+0.09
+0.09
-0.00
+0.00
+0.00
-0.00
+0.00
+0.01
+0.02
+0.02
+0.15
+0.15
-0.00
+0.00
+0.00
-1.44
-1.44
-0.22
+1.95
+2.17
-0.00
+0.51
+0.51
0.00
+0.00
-0.01
+0.01
+0.01
-0.00
+0.16
+0.16
-0.38
-0.38
+0.00
-0.01
-0.01
+0.00
-0.00
0.00
+0.00
-0.01
-0.01
+0.00
-0.54
-0.54
+0.00

Upright Model Version 0.3.693
ESG Data Last Updated: December 21, 2021


About Upright's Net Impact Model

Upright's Net Impact Data quantifies the holistic value creation and impact of companies. It details both the negative and positive impacts a company has on the environment, health of people, society and knowledge, and forms a net sum of these costs and gains based on the economic costs of each impact category. The data is produced by Upright's Net Impact model, which is a mathematical model of the economy that produces continuously updated estimates of the net impact of companies by means of an information integration algorithm. The data is primarily sourced from the CORE open access database, which contains over 200 million scientific papers. Other sources of data include open databases published by the World Bank, IMF, WHO, OECD, IPCC, CDC and USDA.













Globus Medical ESG Score - Frequently Asked Questions

How is Globus Medical doing in terms of sustainability?

According to The Upright Project, which measures holistic value creation and impact of companies, Globus Medical has a net impact ratio of 57.3%, indicating an overall positive sustainability impact. Globus Medical seems to create the most significant positive value in the categories of Physical diseases, Taxes, and Jobs. On the other hand, these positive outcomes are achieved by using resources or causing negative impacts in the categories of Scarce human capital, Waste, and GHG emissions. Learn more on the sustainability of Globus Medical.


More ESG Stocks and Research Tools

This page (NYSE:GMED) was last updated on 3/3/2024 by MarketBeat.com Staff