Overall impact
B (79)

Commentary

Ericsson is a strong overall performer. With a 'B' rating of 79.3 for overall impact (94th percentile compared to all companies), Ericsson ranks 2nd out of 92 industry peers, behind Ciena, and ahead of Maxar Technologies, Tessco Technologies, Airgain and 87 others. On top material causes for Ericsson's industry (Telecommunications), Ericsson performs well in Equal Pay and Opportunity (95.2 score), Improved Mental Health (95.7), Lgbtq Equality (95.4) and 9 other causes where it received an 'A' score and performs poorly in Accountable Institutions (0.0 score), Free, Secure Flow of Information (0.0) and Accountable Institutions (0.0).
Impact
Cause ERIC
Peer rank
Overall impact

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Company
Employees
93,897
Sector
Information Technology
Industry
Communications Equipment
Sub-industry
Communications Equipment
SASB industry
Hardware
Headquarters
Sweden
Share classes
ERIC
Mission
Our services, software and infrastructure enable entire industries to do better business, increase efficiency, improve user experiences and capture new opportunities.
Description
Telefonaktiebolaget LM Ericsson (publ), together with its subsidiaries, provides mobile connectivity solutions to communications service providers, enterprises, and the public sector. It operates through Networks; Cloud Software and Services; Enterprise; and Other segments. The Networks segment offers hardware and software solutions, and related service offerings. This segment also provides radio access network (RAN) products consists of antennas, radios, baseband (RAN compute), and RAN software; RAN compute indoor and outdoor units supporting macro and micro sites; transport solutions; active and passive antennas, as well as antenna line devices, system accessories, and feeder system; and customer support, network tuning, and intelligent deployment services. The Cloud Software and Services segment provides core networks, business and operational support systems, network management and cognitive network solutions, and managed network services. The Enterprise segment offers global communications platform; wireless connectivity for vehicles, remote locations, and IoT applications and devices; and private cellular networks. The Other segment includes RedBee Media that prepares and distributes live and on-demand video services for broadcasters, sports leagues, and communications service providers. It has operations in North America, Europe, Latin America, the Middle East, Africa, Northeast Asia, Southeast Asia, Oceania, and India. The company was formerly known as Allmanna Telefon AB LM Ericsson and changed its name to Telefonaktiebolaget LM Ericsson (publ) in January 1926. Telefonaktiebolaget LM Ericsson (publ) was founded in 1876 and is headquartered in Stockholm, Sweden.
Material causes
Ethos considers the following causes material for Ericsson, based on its industry sub-industry Communications Equipment. Learn more about material causes in our methodology overview.

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