Icahn Enterprises has a can-do attitude when it comes to making money. The holding company has stakes in firms in a variety of industries, including manufacturing, real estate, food packaging, and household goods. Federal-Mogul makes automobile parts, while PSC Metals is one of the US’s largest scrapyard operators. Another holding, Bayswater Development is a residential developer active in Florida, Massachusetts, and New York. Icahn Enterprises also owns WestPoint International, which makes bed, bath, and other home products. In 2010 the company acquired control of American Railcar Industries and Viskase from affiliates of billionaire corporate raider Carl Icahn, who owns around 93% of Icahn Enterprises.
Icahn Enterprises
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0.14
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Industry
Financial ServicesCategory
Investment & Asset ManagementESG/Ethical Impact
Icahn Enterprises’ environmental impact is influenced by the operations of its diverse portfolio of companies, which range from energy to automotive sectors. The company’s activities might include energy production, manufacturing, and transportation, which can result in emissions and resource consumption. Icahn Enterprises’ efforts to mitigate its environmental impact could encompass adopting cleaner energy sources, improving energy efficiency, and promoting sustainable practices across its subsidiaries. By addressing these aspects, the company can work towards reducing its carbon footprint and minimizing its overall environmental footprint. The social impact of Icahn Enterprises pertains to its interactions with employees, communities, customers, and business partners. The company’s commitment to fair labor practices, workplace safety, and community engagement can influence employee satisfaction, community relations, and its overall reputation. Moreover, Icahn Enterprises’ involvement in social initiatives and philanthropic efforts can contribute to building positive relationships and enhancing its social standing. Icahn Enterprises’ governance impact involves its internal policies, ethical standards, and leadership accountability. Ensuring transparent decision-making, ethical behavior, and compliance with regulations are fundamental aspects of the company’s governance efforts. A strong governance framework can foster trust among stakeholders and mitigate risks associated with ethical lapses and regulatory non-compliance.
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Awards Received
2023
Revenues
11271000000.00
Website Traffic
Employee Rating
4.50
Customer Rating
Company Size
10000+
ESG Risk Rating
1.00
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