Fair Money & Economic Opportunity

Borealis Foods Inc. is a food technology company specializing in sustainable and nutritious food products, not a financial institution.

The company does not offer lending, deposit, or other financial services to consumers. Therefore, all Key Performance Indicators (KPIs) related to financial services, such as underserved client share, pricing fairness, exploitative fee exposure, inclusion initiatives, data accessibility, fair lending compliance, wealth building outcomes, profit reinvestment in community finance, financial literacy initiatives, debt burden ratio, geographic inclusion for banking services, and product simplicity for financial products, are not applicable to its core business model. No evidence was found in the provided articles that directly addresses these financial service-specific KPIs.

Fair Trade & Ethical Sourcing

No information relevant to Borealis Foods Inc. or its performance on Fair Trade & Ethical Sourcing metrics was found in the provided articles.

Therefore, no KPIs could be scored.

Honest & Fair Business

No specific, concrete data points were found across the provided articles to score any of the KPIs for Honest & Fair Business. While one article mentioned the existence of a whistleblower policy and an anti-corruption policy, no details were provided regarding their strength, enforcement, or effectiveness, which are necessary to map to the rubric's quantitative tiers.

Similarly, an amendment to a 10-K filing was noted for a beneficial ownership table correction, but this is not a financial restatement as defined by the rubric's specific examples for negative tiers. Therefore, all KPIs have been omitted due to a lack of actionable evidence.

Kind to Animals

Borealis Foods Inc. specializes in plant-based food products, with its Chef Woo ramen explicitly described as 'plant-based' and containing 'animal-free protein'.

Given the company's focus on entirely plant-based and animal-free products, there are no animal inputs in their product lines, making the KPI for ethical input substitution not applicable. No evidence was found for other animal welfare KPIs, including certifications, testing, or conservation efforts.

No War, No Weapons

Borealis Foods Inc. is a food technology company that has expanded its retail distribution to include military food service in the US, Canada, Mexico, and Europe.

This constitutes minor defense-adjacent services. For all other KPIs related to arms, defense contracts, dual-use technology, sales to embargoed regimes, peacebuilding investment, conflict divestment, board oversight of defense, export end-user certificates, lobbying against arms control, humanitarian procurement, human rights due diligence in conflict areas, Arms Trade Treaty compliance, AI military safeguards, UN Guiding Principles alignment, dual-use screening, surveillance transparency, ethical red lines, controversial weapons exposure, war-risk audits, conflict partner reviews, defense divestment, conflict minerals, peace tech investment, conflict zone procurement, and ethical red lines compliance, no specific evidence was found in the provided articles, indicating they are not applicable to the company's core business or there is no public disclosure.

Zero Waste & Sustainable Products

Borealis Foods Inc. has implemented several waste reduction initiatives, including the use of ramen cups made from paper and vegetable inks that are recyclable, repurposing oil used to fry noodles as biofuel, and upgrading its production facility with sustainable technology.

The company also aims for 100% solar-powered production by 2025 and utilizes a shorter supply chain to lower emissions.