MASHINIi

Ceragon Networks Ltd..

CRNT.US | Manufacture of communication equipment

Ceragon Networks Ltd. is a global innovator and leading provider of 5G wireless transport solutions. They enable wireless service providers and other vertical industries to deliver 5G services using their high-capacity microwave and millimeter wave technology. Ceragon designs, develops, manufactures...Show More

Ethical Profile

Mixed.

Ceragon Networks' ethical profile is mixed. The company has been linked to military applications, including a $7 million contract for security modules supplied to the U.S. military in 2006-2007, with its FibeAir 1500P-AES modules reportedly having dual civilian and military uses. While Ceragon addresses conflict minerals, with 93.81% supplier response, critics point to limited transparency on broader ethical sourcing, whistleblower protection, and anti-corruption measures. Reports suggest occasional warning letters may have been issued. Employee sentiment on Glassdoor shows a 3.8/5 rating, though specific data on living wage or pay equity is scarce.

Value Scores

Better Health for All0
-100100
Fair Money & Economic Opportunity0
-100100
Fair Pay & Worker Respect10
-100100
Fair Trade & Ethical Sourcing0
-100100
Honest & Fair Business-20
-100100
Kind to Animals0
-100100
No War, No Weapons0
-100100
Planet-Friendly Business0
-100100
Respect for Cultures & Communities0
-100100
Safe & Smart Tech-10
-100100
Zero Waste & Sustainable Products0
-100100

Better Health for All

0

No evidence was found in the provided articles to assess CRNT.US against any of the 'Better Health for All' KPIs. The articles focus on telecommunications infrastructure and market analysis, without any information pertaining to health impact, safety, accessibility, or related initiatives by the company.

Fair Money & Economic Opportunity

0

No evidence available to assess Ceragon Networks Ltd. on Fair Money & Economic Opportunity.

Fair Pay & Worker Respect

10

The company's employee rating is 3.8 out of 5 stars.

1
There is no mention of regulatory actions, violations, fines, or compliance issues in the provided articles.
2

Fair Trade & Ethical Sourcing

0

Ceragon Networks' reports and policies outline a commitment to responsible supply chain practices, including compliance with SEC regulations regarding conflict minerals (tin, tantalum, tungsten, and gold)

1
and referencing the OECD Due Diligence Guidance.
2
The company also states that ethical sourcing clauses are negotiated into new and renewed contracts.
3
However, the provided articles do not contain specific quantitative data for any of the defined KPIs, such as the percentage of spend covered by fair-trade certifications,
4
average audit frequency for tier-1 suppliers,
5
number of forced or child labor incidents,
6
percentage of suppliers with traceable provenance data,
7
median days to close corrective actions,
8
percentage of contracts with ethical sourcing clauses,
9
share of spend on high-risk materials,
10
or procurement budget directed to diverse suppliers.
11

Honest & Fair Business

-20

Ceragon has a whistleblower anonymity system and grievance mechanisms for employees, suppliers, and contractors worldwide, allowing anonymous or non-anonymous reporting.

1
The company states it will not tolerate discrimination or retaliation against employees for raising issues in good faith.
2
New employees receive initial training, and all employees annually acknowledge receipt and understanding of the standards.
3
Ceragon has a comprehensive anti-corruption policy that is FCPA-compliant, with annual training and risk assessments, and includes third-party due diligence for acquisitions and intermediaries.
4
It prohibits political contributions and the use of company funds for such.
5
Approximately 50% of ethical claims related to conflict minerals are independently verified through the use of a third-party service provider for supplier communication and data collection, and comparison of identified smelters against the Responsible Minerals Assurance Process (RMAP) list.
6

Kind to Animals

0

Based on the provided documents, there is insufficient evidence to assess Ceragon Networks Ltd.'s alignment with the 'Kind to Animals' value. The company's 2022 ESG report (

1
) and conflict minerals report (
2
) do not contain any data related to animal welfare, animal testing, or the use of animal-derived products. Articles
3
and
4
discuss Cerrejón's (a separate entity) endangered species conservation program, which is not directly relevant to Ceragon Networks Ltd. Given the nature of Ceragon's business as a provider of wireless transport solutions, it is unlikely that animal welfare is a material aspect of its operations. Therefore, a neutral score of 0 is assigned due to the lack of applicable evidence.

No War, No Weapons

0

The provided articles do not contain sufficient specific, quantitative data to score any of the KPIs against the rubric's thresholds. While one article mentions a contract for security modules for military use and the dual-use nature of a product, it does not provide the company's total revenue to calculate the percentage of revenue from arms contracts, nor does it quantify the scope of R&D investment in dual-use technologies.

1
A conflict minerals policy is mentioned, but no data on the percentage of the supply chain certified conflict-free is provided.
2
For all other KPIs, the articles explicitly state that no information is available or provide only general statements without the specific numbers, percentages, or frequencies required for scoring.

Planet-Friendly Business

0

No specific, quantitative evidence was provided in the articles to assess Ceragon Networks Ltd. against any of the Planet-Friendly Business KPIs. The available information only indicates that the company published its 2023 ESG report, without disclosing any details regarding its environmental performance, targets, or initiatives.

1

Respect for Cultures & Communities

0

The provided articles, which summarize Ceragon's 2022 and 2023 sustainability reports, do not contain specific quantitative data points or concrete facts relevant to any of the KPIs under the 'Respect for Cultures & Communities' ethical value. The reports explicitly state 'Not specified' or indicate a lack of specific metrics for formal partnerships with indigenous or local community groups, revenue reinvested locally, cultural appropriation incidents, cultural impact assessment protocols, local employment ratios, community grievance mechanisms, FPIC participation, community governance inclusion, cultural preservation investment, local procurement share, indigenous supplier count, cultural site protection, social license to operate, charitable giving to cultural heritage, community fund allocation, language inclusivity, cultural incident response, and cultural sensitivity training completion.

1
Therefore, no KPIs can be scored based on the evidence provided.

Safe & Smart Tech

-10

Ceragon Networks Ltd. holds ISO 27001 certification, a globally recognized information security standard.

1
The company requires all employees to complete annual security awareness training, with access suspended for non-completion, and conducts frequent (quarterly) security training sessions on cyber-attacks and phishing, which include tests that must be passed.
2
In 2024, the company reported zero monetary losses from legal proceedings associated with customer privacy and zero law enforcement requests for customer information.
3
Ceragon has a specialized global team that handles the investigation and resolution of product security vulnerabilities and encourages independent researchers to report issues, but no formal bug bounty program is detailed.
4
Annual penetration tests are conducted by a third-party to evaluate vulnerability risks, but there is no specific information on the average time to patch critical vulnerabilities or the percentage of systems undergoing security testing.
5
The company states compliance with various regulations, including U.S. securities laws, Israeli laws, and EU regulations like GDPR.
6

Zero Waste & Sustainable Products

0

No evidence available to assess Ceragon Networks Ltd. on Zero Waste & Sustainable Products.

Own Ceragon Networks Ltd.?

Upload your portfolio and see how all your holdings score across 11 ethical dimensions.

Audit My Portfolio

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.