Dragonfly Energy Holdings Corp.
DFLI.US | Manufacture of batteries and accumulators
Dragonfly Energy Holdings Corp. focuses on energy storage. It manufactures and sells deep cycle lithium-ion batteries. The company offers a range of products, including battery packs, storage systems, and related components. These products are used in recreational vehicles, marine applications, off-...Show More
Better Health for All
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Dragonfly Energy's core products, lithium-ion batteries, are designed to be free of toxic elements like PFAS chemicals and cobalt, and do not emit noxious gases, eliminating the need for ventilation or fire risk.
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Their LFP, sodium-ion, and nonflammable all-solid-state batteries are engineered to significantly reduce or eliminate risks of thermal runaway, leakage, and fire, providing substantial health benefits by preventing harm from energy solutions.
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The company states it is eliminating PFAS chemicals from its processes and products and has the ability to produce PFAS-free electrodes, indicating no revenue from products with significant negative health impacts.
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While the company is eliminating PFAS chemicals, which are known for their negative human health impact, it does not provide specific data on the scale of these externalities or remediation efforts.
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The company deploys 100% of its R&D capital towards clean technology, but this is not explicitly tied to improving health outcomes or accessibility.
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The company is committed to fostering diversity, equity, and inclusion and recruits diverse talent, but no specific health equity programs or their impact are detailed.
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The company offers employees a choice of three medical insurance plans, tuition reimbursement, and parental leave, but these are general employee benefits, not initiatives to strengthen healthcare workforce capacity in underserved areas.
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The company collects, processes, and stores data in accordance with privacy laws like GDPR and CCPA, and trains employees yearly on data privacy and cybersecurity, but this is general data responsibility, not specifically for health-related data.
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The company offers comprehensive training programs and career pathing, and supports educational programs for youth and partnerships with the University of Nevada, Reno, and the John Lennon Educational Tour Bus, but these are not directly health literacy or public health education initiatives.
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Fair Money & Economic Opportunity
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No evidence available to assess Dragonfly Energy Holdings Corp on Fair Money & Economic Opportunity.
Fair Pay & Worker Respect
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The provided articles are ESG performance reports from Energy Impact Partners (EIP), an investment firm, detailing its investments and aggregated ESG metrics across its portfolio.
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They do not contain specific, company-level data for Dragonfly Energy Holdings Corp (DFLI.US) regarding living wage coverage, CEO-median pay ratio, collective bargaining, safety incidents, pay equity, worker engagement, turnover rate, labor violations, insecure contracts, or health insurance coverage.
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Therefore, no KPIs can be scored for DFLI.US based on the evidence provided.
Fair Trade & Ethical Sourcing
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No specific, quantitative evidence was found in the provided articles for any of the KPIs related to Fair Trade & Ethical Sourcing, including fair-trade certification share, audit frequency, forced/child labour incidents, traceability coverage, remediation speed, ethical clause coverage, materials risk index, or supplier diversity spend. While a Supplier Code of Conduct and the use of Rep Risk software for supplier risk assessment were mentioned, no percentage of contracts covered by enforceable ethical clauses was provided.
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Honest & Fair Business
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Dragonfly Energy operates a 24/7 independent whistleblower hotline, managed by a third-party provider, which received 5 reports as of June 30, 2024.
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Investigations are conducted by the compliance team or external experts and overseen by the Audit Committee.
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The company's board of directors is 100% independent.
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An annual Code of Conduct training is provided for all employees, and a Supplier Code of Conduct is in place, utilizing Rep Risk software for supplier risk management.
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Product safety is tested and certified by third-party labs, and lithium cells are UL listed.
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An independent third party also conducted a materiality assessment.
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Kind to Animals
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The company's policy explicitly states that its products are not tested on animals, indicating an absolute global ban on animal testing across all product categories.
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Given the company's primary business of manufacturing lithium-ion batteries, it is assumed that animal inputs are not a core component of its products, making the ethical input substitution KPI not applicable.
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No War, No Weapons
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No information relevant to the 'No War, No Weapons' ethical value or its associated KPIs was found in the provided articles for DFLI.US.
Planet-Friendly Business
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No specific, quantitative evidence was found in the provided articles to score any of the KPIs for Planet-Friendly Business. While the company has initiatives such as working on closed-loop recycling, developing a manufacturing process that reduces carbon footprint and energy consumption compared to traditional methods, and maintaining a Supplier Code of Conduct, the articles do not provide the necessary total emissions, percentages, or other quantitative data required by the rubric's thresholds for any KPI.
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Respect for Cultures & Communities
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No evidence available to assess Dragonfly Energy Holdings Corp on Respect for Cultures & Communities.
Safe & Smart Tech
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No evidence available to assess Dragonfly Energy Holdings Corp on Safe & Smart Tech.
Zero Waste & Sustainable Products
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No evidence available to assess Dragonfly Energy Holdings Corp on Zero Waste & Sustainable Products.