Above Food Ingredients Inc..
ABVE.US | Manufacture of other food products n.e.c.
Above Food Ingredients Inc. is a vertically integrated, plant-based food company that develops and distributes a range of plant-based ingredients and finished consumer products. The company focuses on regenerative agriculture practices to cultivate crops like peas, oats, lentils, fava beans, and chi...Show More
Better Health for All
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Above Food Ingredients Inc. operates a BRC AA-rated facility.
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The company's products are plant-based.
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General discussions about plant-based meat alternatives highlight nutritional variations, including sodium and saturated fat content.
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The company does not conduct or sponsor clinical trials.
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Fair Money & Economic Opportunity
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No evidence available to assess Above Food Ingredients Inc. on Fair Money & Economic Opportunity.
Fair Pay & Worker Respect
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Above Food Ingredients Inc.'s CEO, Lionel Kambeitz, received $146.16k in total compensation for the fiscal year ending December 31, 2024.
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Other executives received between $146.16k and $200.97k in 2024.
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The company was subject to a lawsuit filed on March 12, 2024, by Veg House Holdings Inc. alleging fraud, material misrepresentation, and breach of agreement.
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No specific data is available regarding living wage coverage, median employee compensation, collective bargaining, safety incident rates, pay equity, worker engagement, employee turnover, labor law violations, insecure contract share, or health insurance coverage.
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Fair Trade & Ethical Sourcing
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No specific, quantitative evidence was found in the provided articles regarding Above Food Ingredients Inc.'s performance across any of the Fair Trade & Ethical Sourcing KPIs. The articles contained general industry trends, information about other companies (e.g., Hershey's, Starbucks), or broad statements about sustainability without specific metrics for ABVE.US.
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Therefore, no KPIs can be scored based on the given evidence.
Honest & Fair Business
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ABVE.US has a whistleblower policy, adopted June 28, 2024
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, which includes a 24/7 anonymous hotline managed by a third-party contractor and explicitly states protection against retaliation for good-faith reports
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. The Compliance Officer submits a quarterly report to the Audit Committee summarizing complaints
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. The company filed restated financial statements for fiscal years 2021 and 2022 to correct errors, and identified material weaknesses in internal control over financial reporting
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. The company's Code of Conduct addresses conflicts of interest and emphasizes compliance with laws
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, and an anti-corruption policy addresses fraud against investors and fraudulent statements
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, but specific details on training frequency or effectiveness metrics are not provided. The Audit and Risk Committee Charter requires board members to be independent, defined by NI 52-110, Nasdaq, and SEC rules for Audit Committee members
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. The company uses Ernst & Young (EY) as its independent auditor
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, and the Audit Committee oversees complaints regarding accounting, internal controls, or auditing matters
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.
Kind to Animals
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Above Food Ingredients Inc. operates a complete plant-based supply chain, offering plant-based dairy alternatives, pet food, and snacks.
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The company is vertically integrated from seed to fork, focusing on plant-based ingredients.
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This indicates zero animal inputs in any product line, making KPIs related to animal-derived ingredients, animal-related suppliers, animal product sourcing, and animal agriculture ethics not applicable. The company also focuses on regenerative farming practices, which include maximizing biodiversity, but no measurable impact on wildlife conservation is provided.
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No War, No Weapons
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Above Food Ingredients Inc. is a plant-based food company focused on agriculture and consumer products.
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All provided articles consistently state that the company's core business is food ingredients and agriculture, with no mention of involvement in arms manufacturing, military contracts, dual-use technology, or any other defense-related activities. Therefore, all KPIs related to war, weapons, and defense are not applicable to its core operations, as explicitly noted in the evidence for each KPI.
Planet-Friendly Business
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No specific, quantitative data points were found in the provided articles to assess Above Food Ingredients Inc. against the defined KPIs for Planet-Friendly Business. While the company frequently mentions its commitment to regenerative agriculture, reducing environmental impact, and sustainability, these are general statements of intent, descriptions of practices, or forward-looking goals rather than measurable outcomes, specific targets, or reported metrics required by the rubric's quantitative thresholds.
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For example, statements about 'measuring the results of regenerative farming practices'
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or 'implementing no-till farming'
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do not provide the necessary data on scale, outcomes, or specific percentages to score any KPI. Therefore, all KPIs are omitted due to a lack of explicit, quantifiable evidence.
Respect for Cultures & Communities
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The provided articles do not contain any information relevant to assessing ABVE.US against the 'Respect for Cultures & Communities' ethical value. No data points were found regarding formal partnerships, community investments, cultural incidents, impact assessments, local employment ratios, grievance mechanisms, or any other specified KPIs.
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Safe & Smart Tech
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Above Food Ingredients' privacy policy indicates that users have control over their personal data, allowing them to restrict data collection by opting out of forms or contacting the company.
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The policy also states that the company will not share user data with third parties without explicit consent, except when legally required.
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Zero Waste & Sustainable Products
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The company uses plant-based, compostable biopolymers in all of its packaging.
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It has implemented two waste reduction initiatives: dry fermentation technology to reduce food waste
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and Sonic Milling technology, which uses fewer resources.
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