Ascent Industries Co..
ACNT.US | Growing of other non-perennial crops
Ascent Industries Co. is a Canada-based company focused on the production and distribution of cannabis products. They cultivate cannabis, process it into various forms (such as dried flower, oils, and edibles), and distribute these products to retailers. The company operates facilities for cultivati...Show More
Better Health for All
0
No relevant evidence was found in the provided articles for Ascent Industries Co. (ACNT.US), which is described as a cannabis company. The articles either pertain to different entities (a chemical company
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, a tubular products manufacturer
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, or city job postings
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) or, in the case of , describe a company with the same name but a conflicting business focus (specialty chemicals)
4
and explicitly state that no data relevant to ACNT.US or the 'Better Health for All' value is present.
5
Fair Money & Economic Opportunity
0
No evidence available to assess Ascent Industries Co. on Fair Money & Economic Opportunity.
Fair Pay & Worker Respect
30
As of December 31, 2024, 40% of the company's employees were represented by unions.
1
The Total Recordable Incident Rate (TRIR) for employees and contractors in 2023 was 0.64 per 200,000 hours worked, with 1 fatality for the total workforce in 2023.
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The company conducts regular and transparent pay equity analyses, but no specific ratio is provided.
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Ascent was recognized as a Great Place to Work® for an 8th consecutive year, with 91% employee participation in the annual survey.
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97% of employees reported being treated fairly regardless of race, 95% were proud to work there, and 96% felt it was a physically safe place to work.
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The voluntary employee turnover rate in 2023 was 5%.
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The company has not been subject to any unfair labor practice, grievance, or arbitration proceedings under collective bargaining agreements, nor any strikes, slowdowns, or labor disputes in the past six years.
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Medical, dental, and vision insurance coverage is provided to eligible employees, and affordable health care options are offered.
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Fair Trade & Ethical Sourcing
0
No evidence available to assess Ascent Industries Co. on Fair Trade & Ethical Sourcing.
Honest & Fair Business
-20
Ascent Industries Co. has a detailed whistle-blower policy that covers all employees, officers, and directors.
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It includes confidential reporting channels such as a toll-free hotline and online form, emphasizes confidentiality and protection from retaliation, and outlines investigation procedures involving an Investigation Workgroup and reporting to the CEO, CFO, and Audit Committee.
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The company's policy mentions a 60-day investigation timeframe for complaints.
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Ascent's anti-corruption efforts are referenced through its Code of Conduct and Code of Ethics, which establish standards for conduct and adherence to applicable laws, including those for publicly traded entities and international trade.
4
Kind to Animals
0
No relevant information was found in the provided articles to assess Ascent Industries Co. (ACNT.US) against the 'Kind to Animals' ethical value. The articles either explicitly state a lack of relevance to ACNT.US or pertain to a different company, 'Ascent Protein', which operates in the protein supplement and dairy industry, not the cannabis industry of ACNT.US.
1
No War, No Weapons
0
No evidence was found in the provided article to assess Ascent Industries Co. against the 'No War, No Weapons' ethical value. The article focuses on the company's specialty chemicals business and explicitly states that information regarding arms contracts, dual-use technologies, sales to embargoed regimes, peacebuilding investments, or any other defense-related activities or policies is not applicable or discussed.
1
Planet-Friendly Business
0
The provided articles do not contain specific, attributable environmental performance data for Ascent Industries Co. (ACNT.US) relevant to the Planet-Friendly Business value. Information regarding emissions, water use, waste, and other environmental metrics in the articles pertains to other entities such as Ascent Resources, LLC (an energy producer) or Ascent Recycling (a recycling company), which are distinct from Ascent Industries Co., a cannabis company. One article explicitly notes a 'lack of specific sustainability data' for ACNT.US.
1
Respect for Cultures & Communities
0
No evidence available to assess Ascent Industries Co. on Respect for Cultures & Communities.
Safe & Smart Tech
-50
The company experienced a ransomware attack in May 2024, affecting 5.6 million individuals.
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This incident resulted in a $1.1 billion net loss in the 2024 fiscal year.
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The breach was reported to federal regulators (HHS), and notification letters to affected individuals were to be delivered within 2-3 weeks of the June 2024 disclosure.
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This breach ranks as the third largest healthcare data breach reported to the HHS' Office for Civil Rights' portal in 2024.
4
Zero Waste & Sustainable Products
-50
Ascent Industries Co. has implemented compost collection as an employee perk and has a "Green Team" that meets monthly to evaluate operations and recommend improvements.
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The company has also set a target to achieve carbon neutrality for Scope 1 and Scope 2 emissions by 2038.
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However, no specific quantitative data on waste diversion rates, product recyclability, packaging sustainability, recycled content, single-use plastic reduction, take-back programs, circular design principles, hazardous waste management, product durability, repairability, waste audit frequency, zero-waste certifications, waste disposal violations, material efficiency, packaging-to-product ratio, supplier waste requirements, or customer waste education was provided.