ICCC

ImmuCell Corporation (ICCC) ESG Analysis Analysis (2026)

Invetso Score: 6.2/10 — Balanced · Last Updated: 2026-09-01

Monthly Update

No material changes this month.

Environmental

Score: 6.1 (Moderate)

R&D intensity of 6.2% of revenue suggests some product and process innovation, but peer-relative environmental efficiency cannot be confirmed from the provided metrics alone.

Debt-to-equity of 0.40 implies moderate balance-sheet leverage, which can support capital flexibility versus more levered peers, though it is not a direct environmental differentiator.

Net debt to EBITDA of 1.0 indicates manageable financing burden, reducing pressure to defer environmental investments relative to highly indebted peers.

No emissions, energy, water, or waste disclosures were provided, limiting evidence of operational environmental leadership versus peers in the same industry.

Social

Score:

Stock-based compensation of 1.8% of revenue suggests limited dilution pressure, which can support employee alignment versus peers with heavier equity-based pay.

R&D intensity may indicate continued investment in product development and workforce capability, but the absence of workforce, safety, or customer metrics prevents stronger peer-relative assessment.

No data were provided on turnover, diversity, labor relations, or product responsibility, so social positioning versus peers remains only partially evidenced.

The available metrics do not show a clear social advantage or disadvantage, leaving the score anchored near the peer median.

Governance

Score:

Debt-to-equity of 0.40 and net debt to EBITDA of 1.0 indicate restrained leverage, which generally lowers governance stress versus more highly levered peers.

Stock-based compensation at 1.8% of revenue suggests moderate shareholder dilution risk, supporting a cleaner capital-allocation profile than peers with heavier equity issuance.

R&D intensity of 6.2% of revenue implies ongoing reinvestment discipline, but the absence of board, audit, and ownership disclosures limits stronger governance confidence.

No evidence of major controversies or control failures was provided, yet the disclosure set is too narrow to support a top-tier governance score versus peers.

Overall Score

Score:

ICCC appears broadly mid-pack on ESG relative to peers, with modestly supportive capital discipline but insufficient disclosure to evidence stronger environmental or social leadership.

Score Driver: Limited ESG Disclosure Prevents Confirmation Of Peer-Leading Performance Across The Most Material Dimensions.

Sources

  • Company filings (10-K, 10-Q, investor presentations)
  • Financial and market data providers
  • Public news and industry information

🔒 Go Beyond This Framework

This is one of 10 institutional-grade frameworks Invetso runs on ImmuCell Corporation. Unlock the complete analysis — SWOT, Economic Moat, Porter’s Five Forces, Management, PESTLE and the Invetso Quality Score.

Create your free account on Invetso →