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What is Wix's current ESG score, and what does it signify?
Wix's ESG score of 49 suggests a need for improvement in its sustainability and ethical practices. It falls below the industry average, indicating potential areas of concern.
Analyzing ESG, how is Wix performing compared to its industry peers?
Wix 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 Wix?
AltIndex updates the ESG scores for companies, including Wix, 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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