MASHINIi

Belden.

BDC.US | Manufacture of other electronic and electric wires and cables

Belden Inc. is a global manufacturer of networking, connectivity, and cable products. The company operates through two segments: Industrial Automation Solutions and Enterprise Solutions. The Industrial Automation Solutions segment provides specialized connectivity and networking products for industr...Show More

Ethical Profile

Mixed.

Belden's ethical profile is mixed. A 2020 data breach allegedly exposed sensitive personal data, including bank details, of employees and partners. Belden responded with a cybersecurity plan and reportedly offered identity monitoring, investing $12.4M in cybersecurity. Environmentally, Belden reduced Scope 1 and 2 emissions by 41.1% by 2024, targeting 70% by 2030, with 95% renewable/recyclable packaging. However, Belden paid a $42,504 Clean Air Act penalty in 2013. For workers, Belden is a certified Great Place to Work. 50% of employees earn living wages, targeting 75%. Critics point to a 155:1 CEO pay ratio and over $711,000 in penalties since 2000.

Value Scores

Better Health for All-30
-100100
Fair Money & Economic Opportunity0
-100100
Fair Pay & Worker Respect40
-100100
Fair Trade & Ethical Sourcing0
-100100
Honest & Fair Business0
-100100
Kind to Animals0
-100100
No War, No Weapons0
-100100
Planet-Friendly Business-30
-100100
Respect for Cultures & Communities50
-100100
Safe & Smart Tech0
-100100
Zero Waste & Sustainable Products0
-100100

Better Health for All

-30

Belden's networking and connectivity products, when applied in healthcare, are described as enabling substantial health benefits by improving patient outcomes, facilitating real-time information access, and reducing staff burnout.

1
The company also develops AI systems for real-time quality inspection of pharmaceutical blister packs, directly preventing potentially harmful products.
2
In terms of environmental health, Belden reduced its Scope 1 and 2 absolute emissions by 22% from a 2019 baseline by 2023
3
, diverted 85.5% of waste from landfills
4
, and recycled 73% of hazardous waste.
5
However, Belden experienced a data breach in November 2020
6
where employee health benefits data was accessed
7
, leading to a class action settlement.
8
While the company achieved ISO 27001:2022 and IEC 62443 accreditations for cybersecurity in 2024
9
, the breach indicates past vulnerabilities. For mental health, Belden's internal Employee Resource Group, Achieving Better Lives for Everyone (ABLE), founded in July 2024
10
, shares information about mental health disorders and stress management techniques with employees.
11

Fair Money & Economic Opportunity

0

Belden Inc. is a global manufacturer of networking, connectivity, and cable products, operating through Industrial Automation Solutions and Enterprise Solutions segments

1
. The company's core business does not involve lending, insuring, moving, or storing money for consumers or businesses in a financial services capacity. Therefore, all Key Performance Indicators (KPIs) related to 'Fair Money & Economic Opportunity,' which are designed for financial institutions, are not applicable to Belden's operations.

Fair Pay & Worker Respect

40

Belden's CEO-to-median employee pay ratio was 155:1 for the 2024 fiscal year, with the CEO's total compensation at $8,033,901

1
and median employee pay at $51,812.
2
The company reported a Total Recordable Incident Rate (TRIR) of 0.45 in 2024.
3
In 2023, Belden achieved a sustainable employee engagement score of 86% from a bi-annual survey with an 80% participation rate.
4
Voluntary turnover for management and professional staff was 5% in 2024.
5

Fair Trade & Ethical Sourcing

0

No evidence available to assess Belden on Fair Trade & Ethical Sourcing.

Honest & Fair Business

0

No evidence available to assess Belden on Honest & Fair Business.

Kind to Animals

0

No specific data points regarding animal welfare, cruelty-free certifications, alternative testing methods, or animal-related supply chain practices are present in the provided articles.

1

No War, No Weapons

0

No specific, quantitative, or actionable evidence was found in the provided articles to assess Belden (BDC.US) against any of the KPIs for the 'No War, No Weapons' ethical value. The articles focus on Belden's general ESG initiatives, sustainability reports, and corporate governance, without addressing topics such as revenue from arms contracts, dual-use technology, sales to embargoed regimes, peacebuilding investments, conflict divestment policies, or any other metrics related to military involvement or conflict mitigation.

Planet-Friendly Business

-30

Belden's total Scope 1, 2, and 3 greenhouse gas emissions were 1.24 million tCO₂e in 2024.

1
The company's Scope 1 and 2 emissions decreased by 24.76% from 2023 to 2024. Belden has set a goal to reduce Scope 1 and 2 emissions by 70% by 2030 from a 2019 baseline, stating this is in alignment with the Science Based Target Initiative (SBTi).
2
In 2024, 27.4% of Belden's global electricity consumption was sourced from renewables.
3
The company diverted 86.3% of its waste from landfills in 2024.
4

Respect for Cultures & Communities

50

Belden reported that 100% of its employees completed unconscious bias training in 2024.

1
The company's Code of Conduct is translated into 15 languages, and its unconscious bias training program is offered in 13 languages.
2
Belden also engages with communities through partnerships, including with Milaan, a nonprofit organization, a women's shelter in Richmond, Indiana, and the Society of Women Engineers (SWE).
3
In 2024, $393,551.55 was donated through its gift matching program to charitable and nonprofit organizations.
4

Safe & Smart Tech

0

Belden invested $12.4 million in cybersecurity in 2023, representing 4.7% of its total revenue.

1
The company experienced a data breach in November 2020, affecting current and former employee data, their spouses, dependents, relatives, and limited business partner information, including sensitive PII and health data.
2
The company engaged third-party cybersecurity forensic experts and notified law enforcement and regulatory authorities.
3
Belden's macmon Network Access Control (NAC) software received an Evaluation Assurance Level (EAL) 2+ rating in July 2025.
4
The company has an established vulnerability disclosure program with a Product Security Incident Response Team (PSIRT), a secure reporting mechanism, and a commitment to prompt communication.
5
Its privacy policy, last revised January 2025, grants users rights to access, correct, update, delete, object to processing, restrict processing, request portability of their personal information, opt-out of marketing, and withdraw consent.
6
The policy also states compliance with GDPR, CCPA, and China's PIPL, and outlines a one-month response time for GDPR data subject access requests.
7
For automated résumé screening, individuals have the right to contest decisions, express their point of view, and require a human review, though no formal AI ethics policy or oversight is mentioned.
8

Zero Waste & Sustainable Products

0

No evidence available to assess Belden on Zero Waste & Sustainable Products.

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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.