MASHINIi

Amphenol Corporation.

APH.US | Manufacture of electronic components and boards

Amphenol Corporation is a global leader in the design, manufacture, and marketing of interconnect solutions. The company designs, manufactures, and markets a broad range of electrical, electronic and fiber optic connectors, interconnect systems, antennas and sensors, primarily for harsh environment ...Show More

Ethical Profile

Mixed.

Amphenol Corporation presents a mixed ethical profile. In 2023, the company agreed to pay $18 million to resolve allegations of submitting false claims to the U.S. government for electrical connectors that allegedly failed military specifications. Critics point to over $27 million in penalties since 2000, including for safety offenses, and an unlawful termination of a pro-union employee in 2014. Amphenol also derives revenue from the defense sector, supplying components for military applications. Positively, Amphenol contributes to healthcare via medical equipment and COVID-19 response. It prohibits forced and child labor in its supply chain and achieved a 34% reduction in revenue-normalized GHG emissions, with 19% renewable electricity and 71% waste diverted.

Value Scores

Better Health for All-10
-100100
Fair Money & Economic Opportunity0
-100100
Fair Pay & Worker Respect0
-100100
Fair Trade & Ethical Sourcing0
-100100
Honest & Fair Business-40
-100100
Kind to Animals0
-100100
No War, No Weapons-50
-100100
Planet-Friendly Business-50
-100100
Respect for Cultures & Communities0
-100100
Safe & Smart Tech10
-100100
Zero Waste & Sustainable Products-40
-100100

Better Health for All

-10

Amphenol actively responded to the COVID-19 pandemic by providing N95 and surgical masks to hospitals and at-risk individuals

1
, and by increasing production of essential sensors for ventilators and thermometers
2
. The company maintains a compliance program for personal data protection, including detailed policies, procedures, and employee training
3
, and reported no regulatory complaints regarding data privacy in 2024
4
. However, Amphenol has faced environmental penalties, including a $945,000 hazardous waste violation in 2023
5
. While the company has substantial environmental remediation efforts, such as a 34% reduction in GHG emissions intensity since 2021
6
, a 40% reduction in water withdrawal intensity since 2017
7
, and 67% of total waste reused/recycled/recovered in 2024
8
, the violation indicates ongoing externalities. For its employees, Amphenol offers mental health and counseling support at some locations
9
. The company is not involved in pharmaceuticals or clinical trials.
10

Fair Money & Economic Opportunity

0

Amphenol Corporation is a manufacturing company specializing in the design, manufacture, and marketing of interconnect solutions

1
. The provided articles describe its manufacturing operations, financial performance, and sustainability initiatives
2
,
3
,
4
. There is no evidence in the articles to suggest that Amphenol Corporation offers lending, insurance, money movement, or deposit services to consumers or businesses
5
. Therefore, all KPIs related to financial services are not applicable to Amphenol's business model, resulting in a score of 0 for each.

Fair Pay & Worker Respect

0

Amphenol reported a Total Lost-Time Injury Rate of 0.31 injuries per 200,000 hours worked for its employees in 2024.

1
, with zero work-related fatalities since data collection began in 2017.
2
In 2024, the CEO's compensation was 265 times that of the median employee.
3
The company had one substantiated labor-law violation in the past three years, a Family and Medical Leave Act violation in 2023, which resulted in a $22,014 penalty.
4
Amphenol prohibits human trafficking, slavery, forced labor, and child labor across its operations and supply chain, and implements a "no fees" recruitment program where it covers recruitment costs.
5
The company respects workers' rights to form and join trade unions and engage in collective bargaining.
6
Amphenol also operates as an equal opportunity employer with a zero-tolerance policy for harassment and discrimination, and in 2024, it met three quality criteria for handling harassment and discrimination, including retaliation safeguards, confidentiality mechanisms, and an incident notification mechanism.
7

Fair Trade & Ethical Sourcing

0

Amphenol Corporation has implemented a Supplier Code of Conduct prohibiting forced, child, and indentured labor

1
, and conducts annual surveys to ensure compliance
2
. The company has a 'no fees' recruitment policy covering its operations and Tier 1 suppliers
3
, expanded to Tier 1 in 2020
4
. Amphenol participates in the Responsible Business Alliance (RBA)
5
and its Responsible Labor Initiative (RLI)
6
. The company maintains a responsible minerals program
7
, detailed in its 2023 Conflict Minerals Report
8
, which includes efforts towards conflict-free tungsten, tin, tantalum, and gold, and assessments for cobalt and mica, following OECD Due Diligence Guidance
9
. Amphenol also annually surveys suppliers regarding the origin of materials to comply with conflict minerals policies
10
. However, public disclosures do not provide specific quantitative data for metrics such as the percentage of tier-1 spend covered by fair-trade certifications, audit frequency, or traceability coverage
11
.

Honest & Fair Business

-40

Amphenol Corporation was fined $18 million in August 2023 to resolve allegations of submitting false claims to the U.S. government for electrical connectors that did not comply with military specifications between 2012 and 2017.

1
The company has a formal whistleblower protection policy that includes a hotline and email for confidential reporting, with a commitment to non-retaliation.
2
However, there is no evidence of independent investigation processes for these reports. Amphenol also enforces a strict, zero-tolerance anti-bribery policy that prohibits improper payments and mandates compliance with all applicable anti-bribery laws across its global operations.
3
Details regarding the frequency of training or effectiveness metrics for this policy are not provided.

Kind to Animals

0

The provided articles, including Amphenol Corporation's 2023

1
and 2024
2
Sustainability Reports, Amphenol Interconnect India Pvt Ltd's CSR policy
3
, and other company communications, do not contain any specific data or information relevant to animal welfare, cruelty-free certifications, alternative testing methods, humane certifications, wildlife conservation impact, ethical sourcing of animal-derived ingredients, supplier audits for welfare compliance, cage-free sourcing, animal testing policies or volumes, innovation investment in animal-free technologies, animal agriculture ethics, animal-free R&D collaboration, or public policy engagement on animal welfare. All articles explicitly state a lack of data for these metrics.
4

No War, No Weapons

-50

Amphenol Corporation's defense market accounted for 11% of its 2024 sales.

1
The company is also acquiring Trexon, a provider primarily for the defense market.
2
Amphenol conducts annual human-rights due diligence for its Tier 1 Direct suppliers, which includes human rights issues.
3
It also performs annual outreach to 3TG (tin, tungsten, tantalum, gold) suppliers, which are linked to conflict regions, and is actively transitioning away from certain entities in its 3TG supply chain.
4
The company states its commitment to the UN Guiding Principles on Business and Human Rights.
5

Planet-Friendly Business

-50

Amphenol Corporation's division, Amphenol Aerospace, was fined $945,000 by the NYS Department of Environmental Conservation for 83 violations of its State Pollutant Discharge Elimination System permit, including tampering with wastewater reports, between December 2020 and March 2022.

1
The company also paid $18 million to the federal government to resolve allegations of violating the False Claims Act by submitting false claims for electrical connectors between 2012 and 2017.
2
In 2023, the company reported one incident or violation of $50,000 or greater.
3
In 2024, it reported no such incidents.
4
The company has not publicly committed to specific 2030 or 2050 climate goals through major frameworks like SBTi, nor has it declared a net-zero target year.
5
Total Scope 1, 2, and 3 greenhouse gas emissions were 4,750,956 tCO2e in 2024, an increase from 3,593,709 tCO2e in 2023.
6
In 2024, 28% of the company's energy came from renewable sources, up from 16% in 2023, with a goal to reach 50% by 2030.
7
The water withdrawal intensity in 2024 was 0.27 megaliters per $1 million revenue, a 40% decline since 2017.
8
In 2024, 67% of total waste was reused, recycled, or recovered.
9
The company engages in minimal, localized biodiversity efforts, such as using sheep for weed management at one facility and planting trees.
10
Amphenol is aligning with TCFD recommendations and provides a TCFD disclosure.
11
It conducted a Climate Scenario Analysis in 2024, considering low (SSP2-4.5) and high (SSP5-8.5) GHG emission scenarios and potential physical climate risks.
12

Respect for Cultures & Communities

0

No specific, quantifiable data points were found in the provided articles to assess Amphenol Corporation against the defined Key Performance Indicators for 'Respect for Cultures & Communities'. While the company demonstrates commitments to human rights

1
, ethical practices
2
, and community engagement
3
through various policies
4
, codes of conduct
5
, and general statements
6
, the evidence does not provide the precise metrics required by the rubric, such as percentages of revenue reinvested, numbers of formal partnerships with indigenous groups, specific cultural impact assessment protocols, or detailed grievance mechanism coverage for community concerns.
7

Safe & Smart Tech

10

Amphenol's Privacy Policy, updated September 12, 2024,

1
states compliance with the EU General Data Protection Regulation (GDPR), the UK equivalent of GDPR, the UK Data Protection Act 2018, and applicable U.S. state privacy laws.
2
The company reported no complaints from regulatory bodies or outside parties concerning breaches of data privacy laws or regulations in 2024.
3
The policy grants EEA and UK residents rights under GDPR, including access, rectification, erasure, objection, and restriction.
4
US residents may also have rights such as disclosure, deletion, correction, portability, and opt-out of sale/targeted advertising, depending on their state of residence.
5

Zero Waste & Sustainable Products

-40

Amphenol Aerospace was fined $945,000 for a hazardous waste violation in 2023

1
and faced 83 violations for falsifying waste treatment information for its plating operation between December 2020 and March 2022.
2
In 2024, the company diverted 67% of its total waste from landfill through reuse, recycling, or recovery, and 57% of hazardous waste generated was diverted.
3
However, hazardous waste increased by 32% versus 2023 levels.
4
Amphenol has implemented over 10 waste reduction initiatives, including recycling 184 metric tons of wood pallets, reusing 90 metric tons of wood reels, collecting 0.5 tons of plastic bottle caps, utilizing recycled packaging, regrinding thermoplastics, composting organic material, reducing paper usage, and various packaging reuse programs across facilities. The company has a goal to reduce the weight of single-use plastic in packaging by 10% versus 2024 levels by the end of 2030.
5
Additionally, specific product lines like HELIAX solutions and Temposonics sensors demonstrate superior durability, with lifespans exceeding 10 and 30 years, respectively.
6

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AI-generated analysis based on publicly available data. Not financial advice. Ratings are expressions of opinion derived from automated models and may contain inaccuracies. See our Risk Disclosure for full details.