Overall impact
B (60)

Commentary

Envela is a strong overall performer. With a 'B' rating of 60.1 for overall impact (63rd percentile compared to all companies), Envela ranks 15th out of 95 industry peers, behind Energy Co of Parana, Meridian Energy, Vattenfall and 11 others, and ahead of Endesa, Atlantic Power, Ausgrid Finance and 77 others. On top material causes for Envela's industry (Utilities), Envela performs well in Sanitation Access (95.9 score), Fair Labor Practices (83.4), Clean Water Access (95.7) and 3 other causes where it received an 'A' score and performs poorly in Technology Innovation (37.8 score), Reduced Green House Gas Emissions (0.0), Renewable Energy Growth (19.7) and 6 other causes where it received a 'D' or 'F' score.
Impact
Cause ELA
Peer rank
Overall impact

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Impact trend

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Company

Envela

Employees
276
Sector
Utilities
Industry
Electric Utilities
Sub-industry
Electric Utilities
SASB industry
Electric Utilities & Power Generators
Headquarters
Tx, United States
Share classes
ELA
Description
Envela Corporation, together with its subsidiaries, provides recycling and recommerce services in the United States. The company operates in two segments, Consumer and Commercial. It is involved in the online and brick-and-mortar sale of authenticated high-end luxury goods, including pre-owned and repurposed fine jewelry, diamonds, gemstones, luxury watches, and secondary market bullion. The company also offers precious metal products. In addition, it provides end-of-life management of IT assets comprising data destruction, asset refurbishment, and remarketing; and detailed asset disposition data services. The company was formerly known as DGSE Companies, Inc. and changed its name to Envela Corporation in December 2019. Envela Corporation was incorporated in 1965 and is headquartered in Irving, Texas.
Material causes
Ethos considers the following causes material for Envela, based on its industry sub-industry Electric Utilities. Learn more about material causes in our methodology overview.

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