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 :

34.5
Rating Scale
0-10Negligible10-20Low20-30Med30-40High40+Severe
Ranking
Industry Group
Software and Services958 out of 962
Universe
Global Universe11752 out of 15104

Overall ESG Rating :

67
Rating Scale
0-25Poor 25-50Satisfactory 50-75Good75-100Excellent
0100E49S67G73

Overall ESG Rating :

CCC
Rating Scale
CCCB
Laggard
BBBBBA
Average
AAAAA
Leader

Meta Platforms is a laggard among 23 companies in the interactive media & services industry.

Temperature Rise :

1.3℃
CLIMATE SCALE
≥ 3.85°CLagging > 2°C - < 3.85°CMisaligned ≤ 2°CAligned

News from Facebook, Inc.

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?

What are the key ESG risks for Facebook?

How is Meta addressing social issues?