Facebook, Inc.
Software & IT Services
Company Summary
Meta Platforms, Inc. (formerly Facebook) is deeply invested in ESG practices, focusing on sustainable data centers and renewable energy. The company has achieved carbon neutrality and is working toward net-zero emissions in the future. However, Meta’s ESG rating is impacted by ongoing concerns about privacy issues, misinformation, and its handling of user data, which have raised ethical questions about the company’s role in societal impacts. While Meta has made strides in increasing diversity within its workforce, it continues to face challenges related to user safety and the regulation of content on its platforms. Its ESG score reflects both its progress in environmental efforts and the need for stronger governance and social responsibility measures. The Meta ESG report provides a detailed overview of the company’s efforts and areas requiring improvement.
ESG Rating Overview
Sustainalytics
Overall ESG Rating :
LSEG
Overall ESG Rating :
MSCI
Overall ESG Rating :
Meta Platforms is a laggard among 23 companies in the interactive media & services industry.
Temperature Rise :
News from Facebook, Inc.
Empowering Inclusion to Embrace Change: Meta's 2022 Diversity Report
Meta's First Annual Human Rights Report: A Closer Look
Make an impact for Earth Day by learning more about climate change
Developing Carbon Removal Technologies More Rapidly
Diversity and inclusion are key building blocks for the metaverse
FAQ
What is Facebook's (Meta's) ESG rating?
Meta's ESG rating typically falls between 50 and 60 due to concerns about governance, data privacy, and content moderation.
Does Facebook (Meta) have a sustainable strategy?
Yes, Meta focuses on renewable energy for data centers and aims for carbon neutrality while addressing social issues like privacy and inclusion.
What are the key ESG risks for Facebook?
Key risks include data privacy, content moderation, and governance issues such as misinformation and diversity challenges.
How is Meta addressing social issues?
Meta invests in diversity, privacy policies, content moderation, and digital literacy programs.