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What is The Honest Company's current ESG score, and what does it signify?
The Honest Company's ESG score of 33 suggests a need for improvement in its sustainability and ethical practices. It falls below the industry average, indicating potential areas of concern.
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 The Honest Company?
AltIndex updates the ESG scores for companies, including The Honest Company, 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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