Overall impact
C (48)

Commentary

Meta is an average overall performer. With a 'C' rating of 47.9 for overall impact (37th percentile compared to all companies), Meta ranks 12th out of 14 industry peers, behind Apple, Alphabet, SAP and 8 others, and ahead of Samsung and Oracle. On top material causes for Meta's industry (Software & Services), Meta performs well in Quality Lifelong Education (95.4 score), Quality Primary Education (96.0) and Reduced Waste (80.5) and performs poorly in Accountable Institutions (0.0 score), Improved Mental Health (0.0), Free, Secure Flow of Information (0.0) and 3 other causes where it received a 'D' or 'F' score.
Impact
Cause META
Peer rank
Overall impact

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Company
Founded
2004
Employees
72,404
Sector
Communication Services
Industry
Interactive Media & Services
Sub-industry
Interactive Media & Services
SASB industry
Internet Media & Services
Headquarters
Ca, United States
Share classes
META
Mission
To give people the power to build community and bring the world closer together
Description
Meta Platforms, Inc. engages in the development of products that enable people to connect and share with friends and family through mobile devices, personal computers, virtual reality headsets, and wearables worldwide. It operates in two segments, Family of Apps and Reality Labs. The Family of Apps segment offers Facebook, which enables people to share, discuss, discover, and connect with interests; Instagram, a community for sharing photos, videos, and private messages, as well as feed, stories, reels, video, live, and shops; Messenger, a messaging application for people to connect with friends, family, communities, and businesses across platforms and devices through text, audio, and video calls; and WhatsApp, a messaging application that is used by people and businesses to communicate and transact privately. The Reality Labs segment provides augmented and virtual reality related products comprising consumer hardware, software, and content that help people feel connected, anytime, and anywhere. The company was formerly known as Facebook, Inc. and changed its name to Meta Platforms, Inc. in October 2021. The company was incorporated in 2004 and is headquartered in Menlo Park, California
Material causes
Ethos considers the following causes material for Meta, based on its industry sub-industry Interactive Media & Services. Learn more about material causes in our methodology overview.

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