Quick Facts
- A leading Swedish automotive parts supplier.
- MEKO topped Obermatt's list for UN Sustainable Development Goal (SDG) 12: Responsible Consumption and Production thanks to its focus on a circular economy and responsible sourcing.
Pros
- MEKO aligns perfectly with SDG 12: Their focus on a circular economy promotes car repair over replacement, reducing resource consumption. ✔
- Perfect Obermatt 360° View. ✔
- High Analyst Opinions Rank and Sentiment Rank indicate industry confidence in MEKO. ✔
Cons
- MEKO's success is tied to the automotive sector, which can be cyclical and experience downturns. ❌
- As a Swedish company, MEKO's market reach may be more limited compared with global competitors. ❌
- While MEKO shows promise, continued monitoring of their long-term commitment to sustainability practices might be prudent. ❌
Obermatt Ranks
 360° View | 100 |  | |
 Sentiment Rank | 84 | | |
 Value Rank | 78 | | |
 Growth Rank | 50 |  | |
 Safety Rank | 78 | | |
 Combined Rank | 90 | |
Continuing our exploration of Obermatt Investment Themes, one of this week's Obermatt Top 10 lists focuses on UN Sustainable Development Goal (SDG) 12: Responsible Consumption and Production. The latest list is led by MEKO, a leading Swedish automotive parts supplier with a strong presence across Northern Europe. Established in 1998, MEKO boasts a network of over 600 branches and 4,300 service centers operating under various brands.
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MEKO's leadership on the list isn't just due to its focus on sustainability. It also boasts a strong performance in our Obermatt rankings. Their Obermatt 360° View score sits at a perfect 100, indicating a well-rounded company with positive financial health, ESG performance, and risk profile.
Inclusion on an Obermatt SDG list signifies a company's commitment to these goals. These companies go beyond simply talking about sustainability and actively implement responsible practices for the future. A key example of this is MEKO's focus on a circular economy within the automotive aftermarket. By promoting car maintenance and repair over unnecessary vehicle replacement, MEKO helps extend the lifespan of cars, reducing resource consumption and emissions. Their commitment extends to their supply chain. They are actively working to ensure responsible sourcing practices throughout their network, collaborating with suppliers who share their commitment to environmental and social sustainability.
Financially, MEKO appears to be a strong company, boasting a perfect score in our Obermatt 360° View assessment. Additionally, a high Sentiment Rank at 84 and especially the Analyst Opinions Rank of 95 suggest industry confidence in MEKO's future.
There are a few points to watch, though. MEKO's success is tied to the health of the automotive sector, which can be cyclical and experience downturns - but even when it experiences a downturn, MEKO may profit, as the spare parts market must go on. As a Swedish company, their market reach might also be limited compared with some global players.
Including companies like MEKO, which prioritize responsible practices, into your portfolio, can help you align it with your values while potentially achieving solid financial returns.