SURG

SurgePays, Inc. (SURG) ESG Analysis Analysis (2026)

Invetso Score: 5.5/10 — Balanced · Last Updated: 2026-09-01

Monthly Update

No material changes this month.

Environmental

Score: 5.1 (Moderate)

SURG’s disclosed R&D intensity is zero in the provided metrics, which limits evidence of environmental innovation versus peers that fund cleaner processes or product redesign.

The absence of reported capital efficiency spending tied to environmental improvement suggests weaker operational decarbonization visibility than peers with explicit sustainability capex disclosures.

No direct emissions, energy, water, or waste metrics were provided, so the company cannot be credited for environmental transparency relative to better-disclosing peers.

Environmental risk appears moderate rather than severe because the available data show no clear structural disadvantage, but peer-relative disclosure depth remains limited.

Social

Score:

Stock-based compensation equals 3.5% of revenue, indicating a manageable dilution burden and somewhat better capital discipline than peers with heavier equity-based pay.

The provided data contain no workforce, safety, turnover, or customer-impact metrics, which weakens social transparency versus peers that report these material indicators.

No controversy or labor-related red flags are evident in the supplied metrics, so social positioning is not clearly impaired relative to peers.

Overall social assessment remains moderate because the available evidence is sparse, limiting confidence that SURG outperforms peers on employee or stakeholder outcomes.

Governance

Score:

Negative debt-to-equity and net-debt-to-EBITDA values indicate a net cash position, which reduces balance-sheet governance risk versus more levered peers.

Stock-based compensation at 3.5% of revenue suggests compensation dilution is present but not excessive, supporting a more disciplined governance profile than many peers.

The absence of board, audit, ownership, or controversy data prevents a stronger governance score, because peer-relative oversight quality cannot be verified.

Governance is moderately favorable overall, but limited disclosure keeps SURG below peers with clearer controls, independence, and accountability reporting.

Overall Score

Score:

SURG’s ESG profile is moderate versus peers because leverage discipline is a relative strength, while limited disclosure across environmental and social metrics constrains a stronger ranking.

Score Driver: Limited ESG Disclosure Across Material Environmental And Social Factors

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 SurgePays, Inc.. Unlock the complete analysis — SWOT, Economic Moat, Porter’s Five Forces, Management, PESTLE and the Invetso Quality Score.

Create your free account on Invetso →