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What is Illinois Tool Works' current ESG score, and what does it signify?
With an ESG score of 65, Illinois Tool Works demonstrates a fair commitment to sustainability and ethical practices, though there is room for improvement to reach the top tier.
Analyzing ESG, how is Illinois Tool Works performing compared to its industry peers?
Illinois Tool Works overperforms a majority of its industry peers when it comes to ESG, ranking in the 71st 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 Illinois Tool Works?
AltIndex updates the ESG scores for companies, including Illinois Tool Works, 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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