NSPR

InspireMD, Inc. (NSPR) ESG Analysis Analysis (2026)

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

Monthly Update

No material changes this month.

Environmental

Score: 6.4 (Moderate)

R&D intensity is high versus many medtech peers, supporting product innovation, but it also raises resource use and cost pressure relative to leaner developers.

Low leverage reduces balance-sheet strain and can support longer-horizon environmental investments, although it does not by itself indicate superior operational sustainability versus peers.

The provided metrics do not show direct emissions, waste, or energy data, leaving environmental positioning harder to verify than peers with fuller disclosure.

Gross margin remains modest, which can limit internal funding for environmental initiatives compared with higher-margin peers that typically have more flexibility.

Social

Score:

Very high stock-based compensation relative to revenue can aid talent retention, but it also signals heavier dilution pressure than peers with more disciplined pay structures.

Elevated R&D spend versus revenue supports patient-facing innovation, yet it can also indicate dependence on specialized labor and execution quality relative to peers.

The available metrics do not provide workforce safety, turnover, or product quality indicators, so social strength cannot be confirmed against better-disclosed peers.

Low leverage may reduce operational stress on employees and suppliers, but this is a secondary social factor compared with direct labor and product-safety metrics.

Governance

Score:

Stock-based compensation near revenue is a notable governance drag versus peers, because it can weaken alignment and increase dilution if not tightly controlled.

Low debt and net leverage suggest conservative capital structure governance, but this advantage is offset by the heavy equity compensation burden relative to peers.

High R&D intensity can reflect disciplined reinvestment, yet without disclosure on milestones or oversight it is harder to assess governance quality than at peers.

The limited metric set provides no board, audit, or controversy evidence, so governance assessment remains moderate rather than strong versus better-governed peers.

Overall Score

Score:

NSPR appears moderately positioned on ESG versus peers, with low leverage supporting resilience but elevated stock-based compensation and limited disclosure constraining the overall profile.

Score Driver: Elevated Stock-Based Compensation Relative To Revenue Is The Clearest Peer-Level Governance Weakness.

Sources

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

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