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What is Canoo's current ESG score, and what does it signify?
An ESG score of 8 indicates that Canoo is significantly lagging in environmental, social, and governance aspects. This low score suggests critical areas for improvement.
Analyzing ESG, how is Canoo performing compared to its industry peers?
Canoo underperforms its industry peers when it comes to ESG, ranking in the 10th percentile.
Why is tracking the ESG score important for investors?
ESG scores are crucial for investors as they provide insights into a company's long-term sustainability and ethical practices. High scores can indicate lower risk and a commitment to future-proofing, which is increasingly important to socially conscious investors.
How often does AltIndex update the ESG scores for companies like Canoo?
AltIndex updates the ESG scores for companies, including Canoo, on a monthly basis. This ensures that investors have the latest data to gauge the company's ongoing commitment to environmental, social, and governance standards.
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