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What is Macy's' current ESG score, and what does it signify?
With an ESG score of 64, Macy's demonstrates a fair commitment to sustainability and ethical practices, though there is room for improvement to reach the top tier.
Analyzing ESG, how is Macy's performing compared to its industry peers?
Macy's overperforms a majority of its industry peers when it comes to ESG, ranking in the 70th 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 Macy's?
AltIndex updates the ESG scores for companies, including Macy's, 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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