American Superconductor Corporation.
AMSC.US | Manufacture of electric motors, generators, transformers and electricity distribution and control apparatus
American Superconductor Corporation (AMSC) is a global energy technologies company. It provides a range of power systems solutions designed to improve the performance of the electric grid and enable cleaner, more efficient energy technologies. AMSC operates through two segments: Grid and Wind. The G...Show More
Better Health for All
0
AMSC's principal goods and services are in clean energy technologies, including wind power and grid solutions for renewable energy integration.
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These products are not directly health-related, and the company's business model does not involve health outcomes.
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Therefore, its products and services have no significant positive or negative direct health impact. No evidence suggests AMSC derives revenue from products or activities with well-established negative health outcomes.
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Fair Money & Economic Opportunity
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AMSC.US is an energy technologies company focused on power systems solutions for the electric grid and wind turbine manufacturers.
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The provided articles do not contain any evidence that the company offers lending, deposit, or other financial services to consumers. Therefore, all KPIs related to 'Fair Money & Economic Opportunity' are not applicable to AMSC.US, as its core business lies outside the financial services sector. Information regarding workforce diversity and general financial reporting for investors does not pertain to the provision of fair financial services to underserved populations.
Fair Pay & Worker Respect
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The CEO-to-median employee pay ratio for fiscal year 2023 was 40:1.
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This ratio is derived from the CEO's total compensation of $3,297,209 and a median employee pay of $83,042.
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Fair Trade & Ethical Sourcing
0
The provided articles do not contain specific quantitative data for any of the KPIs related to Fair Trade & Ethical Sourcing. There is no evidence regarding the percentage of spend covered by fair-trade certifications, average audit frequency for suppliers, number of substantiated forced or child labor incidents, traceability coverage of the supply chain, median remediation speed for violations, percentage of supplier contracts with enforceable ethical-sourcing clauses, share of spend on high-risk materials, or the percentage of procurement budget directed to diverse suppliers.
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While AMSC has a Supplier Code of Conduct and works with Assent Compliance for Conflict Minerals Reporting,
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these do not provide the specific quantitative metrics required by the rubric.
Honest & Fair Business
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No evidence available to assess American Superconductor Corporation on Honest & Fair Business.
Kind to Animals
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No evidence available to assess American Superconductor Corporation on Kind to Animals.
No War, No Weapons
-30
In fiscal year 2024, AMSC derived 15% of its total revenue from military contracts, including Ship Protection System (SPS) contracts for the San Antonio-class fleet and an international SPS contract for the Royal Canadian Navy.
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For the 2024 reporting period, AMSC's due diligence on conflict minerals (Tin, Tantalum, Tungsten, and Gold) covered 166 suppliers, with an overall valid response rate of 53%.
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Of the 359 identified smelters/refiners, 226 were RMAP Compliant, 4 were RMAP Active, 94 were Not Enrolled, and 32 were Non-Conformant.
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The company's due diligence efforts conform to the OECD Due Diligence Guidance for Responsible Supply Chains of Minerals from Conflict-Affected and High Risk Areas.
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Planet-Friendly Business
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No evidence available to assess American Superconductor Corporation on Planet-Friendly Business.
Respect for Cultures & Communities
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The company has no reported cultural appropriation incidents.
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Similarly, there are no mentions of cultural incidents requiring a response.
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Safe & Smart Tech
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No evidence available to assess American Superconductor Corporation on Safe & Smart Tech.
Zero Waste & Sustainable Products
-50
AMSC implements several waste reduction initiatives, including recycling materials generated during production, careful classification and sending materials to professional recycling channels, and effective recycling and reuse of aluminum chips, metal processing leftovers, paper, cardboard, and plastics.
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The company provides solutions for hazardous substances.
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Its NdFeB magnets are designed for an ultra-long service life, and other products are engineered for performance and durability.
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AMSC strives to minimize raw material consumption and manufactures high-temperature superconductor wire that conducts significantly more electricity with minimal power loss, and HTS-based degaussing systems that enable a 50-80% reduction in system weight.
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The company aims to work with partners to identify actions to protect the environment and resources.
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It emphasizes the importance of customer education to combat contamination in recycling.
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However, AMSC has not outlined any formal waste reduction targets or initiatives, nor has it publicly committed to specific climate goals through major frameworks.
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