Overall impact
B (65)

Commentary

Shopify is a strong overall performer. With a 'B' rating of 64.6 for overall impact (72nd percentile compared to all companies), Shopify ranks 11th out of 21 industry peers, behind Amdocs, Atlassian, Uniphore and 7 others, and ahead of Five9, Twilio, Traviata and 7 others. On top material causes for Shopify's industry (Software & Services), Shopify performs well in Quality Lifelong Education (95.8 score), Technology Innovation (95.7) and Free, Secure Flow of Information (95.8) and performs poorly in Fair Labor Practices (29.0 score), Accountable Institutions (29.7) and Reduced Waste (36.6).
Impact
Cause SHOP
Peer rank
Overall impact

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Impact trend

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Company
Founded
2004
Employees
8,100
Sector
Information Technology
Industry
Software
Sub-industry
Systems Software
SASB industry
Software & IT Services
Headquarters
On, Canada
Share classes
SHOP
Mission
Make commerce better for everyone, so businesses can focus on what they do best: building and selling their products.
Description
Shopify Inc., a commerce technology company, provides tools to start, scale, market, and run a business of various sizes in Canada, the United States, Europe, the Middle East, Africa, the Asia Pacific, and Latin America. The Company offers the Shopify platform that enables merchants to manage products and inventory, process orders and payments, fulfill and ship orders, build customer relationships, source products, leverage analytics, and reporting, and access financing for running their business across all of their sales channels, including web and mobile storefronts, physical retail locations, social media storefronts, and marketplaces. It also provides Shopify Payments, a fully integrated payment processing service that allows merchants to accept and process payment cards online and offline. In addition, the company engages in the sale of themes and apps; shipping labels through Shopify Shipping; point-of-sale hardware; advertising on the Shopify App Store; and Shop Campaigns for buyer acquisitions, as well as registration of domain names. Shopify Inc. was formerly known as Jaded Pixel Technologies Inc. and changed its name to Shopify Inc. in November 2011. Shopify Inc. was incorporated in 2004 and is based in Ottawa, Canada.
Material causes
Ethos considers the following causes material for Shopify, based on its industry sub-industry Systems Software. Learn more about material causes in our methodology overview.

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