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What is Purple's current ESG score, and what does it signify?
An ESG score of 27 indicates that Purple is significantly lagging in environmental, social, and governance aspects. This low score suggests critical areas for improvement.
Analyzing ESG, how is Purple performing compared to its industry peers?
Compared to its peers, Purple ranks in the 47th percentile when it comes to ESG.
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 Purple?
AltIndex updates the ESG scores for companies, including Purple, 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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