MASHINIi

Fabrinet.

FN.US | Manufacture of electronic components and boards

Fabrinet is a contract manufacturing service provider. It offers precision optical, electro-mechanical, and electronic manufacturing services to original equipment manufacturers of complex products, such as optical communications components, modules, and subassemblies, as well as industrial lasers, ...Show More

Ethical Profile

Mixed.

Fabrinet's ethical profile is mixed. Critics point to a significant CEO to median employee pay ratio of 1256:1 in 2024. Glassdoor reviews suggest a "toxic culture" and "disorganized management," with culture and values rated 2.9/5. The company also faced a 2019 OSHA violation resulting in a $6,430 penalty. Environmentally, Fabrinet's Scope 2 emissions reportedly increased from approximately 79.7 million kg CO2e in 2022 to 100.7 million kg CO2e in 2024, with Scope 1 data unavailable. While the company has received some CSR awards in Thailand, comprehensive data on key sustainability metrics is lacking.

Value Scores

Better Health for All10
-100100
Fair Money & Economic Opportunity0
-100100
Fair Pay & Worker Respect20
-100100
Fair Trade & Ethical Sourcing0
-100100
Honest & Fair Business10
-100100
Kind to Animals0
-100100
No War, No Weapons0
-100100
Planet-Friendly Business-20
-100100
Respect for Cultures & Communities30
-100100
Safe & Smart Tech0
-100100
Zero Waste & Sustainable Products-20
-100100

Better Health for All

10

Fabrinet's core business includes manufacturing components for medical devices and life science electronic products, such as non-contact temperature sensors and medical optics, which provide significant health benefits.

1
The company demonstrates efforts in addiction mitigation through its drug-free workplace program, with both factories holding Level 1 White Factory certification.
2
The Pinehurst location has a more rigorous certification, including connecting employees with drug abuse issues to external resources and supporting reintegration.
3
Fabrinet also supports vulnerable populations, providing annual health check-ups for 112 community elders in 2024,
4
supporting 60 girls at Thanyaphon Reception Home with vision testing,
5
and contributing 81 kilograms of aluminum in 2024 to the Prostheses Foundation for prosthetic limbs.
6
Mental health is addressed through the Happy Workplace Program and the Wellness Wave initiative, which earned the Thai Health Literate Workplace award for promoting physical and mental health among employees.
7
Additionally, Fabrinet sponsors "Safety at School" events for elementary and middle school students, covering health and safety lessons.
8
The company also implements a food waste reduction program, partnering with local pig farms to reduce GHG emissions from canteens in 2024.
9

Fair Money & Economic Opportunity

0

Fabrinet is a contract manufacturing service provider, not a financial institution. The ethical value 'Fair Money & Economic Opportunity' assesses companies based on their provision of financial services, such as lending, deposit services, and financial literacy programs for customers. As Fabrinet does not offer any consumer financial products or services, all relevant KPIs are deemed 'Not applicable' or 'No financial products offered' according to the rubric's explicit zero-score definitions. Therefore, there is no direct evidence to score Fabrinet positively or negatively against the specific financial services criteria of this value.

Fair Pay & Worker Respect

20

All employees are permanent and full-time, indicating 0% insecure contracts.

1
The Total Recordable Incident Rate (TRIR) was 0.03 in 2024, and the Lost Time Incident Rate (LTIR) was 0.03 in 2024, with zero incidents among third-party contractors.
2
The company reported no significant instances of non-compliance with laws or regulations for 2024.
3
However, the CEO to median employee pay ratio was 1161:1 for fiscal 2025, with the CEO's total annual compensation at $11,944,135 and the median employee's at $10,286.
4
The female-to-male pay equity ratio for managers was 0.92 in 2024, while for operations it was 1.04 and for supervisors and technicians it was 1.18.
5
The overall employee rating on Glassdoor is 3.5 out of 5 stars.
6

Fair Trade & Ethical Sourcing

0

Key suppliers are audited no less than once a year, while a select subset of suppliers receives on-site audits quarterly.

1
All suppliers are required to sign the Supplier Code of Conduct, which includes ethical sourcing clauses, and failure to comply may result in termination as a qualified supplier.
2

Honest & Fair Business

10

Approximately 90% of Fabrinet's worldwide revenues are covered by independent external audits, specifically the RBA Validated Assessment Program (VAP) audits, which cover 100% of its Thailand facilities.

1
This also means approximately 90% of ethical claims related to these core manufacturing operations are independently verified through multi-stakeholder assurance. The company's board includes 6 out of 8 independent directors, resulting in 75% of board members being free from material conflicts of interest.
2

Kind to Animals

0

Fabrinet is a contract manufacturing service provider. According to crueltyfreeinvesting.org (2023), the company has "No Animal Exploitation."

1
This indicates that activities such as animal testing, animal husbandry, or the use of animal-derived products are not applicable to its operations. Therefore, KPIs related to cruelty-free certifications, alternative testing methods, humane certifications for animal operations, ethical input substitution, cage-free sourcing, animal testing policy and volume, innovation investment in animal-free technologies, animal-free R&D collaboration, and public policy engagement on animal welfare are all considered N/A.

No War, No Weapons

0

No specific, concrete data points were found in the provided articles to assess Fabrinet against the 'No War, No Weapons' ethical value. Information regarding revenue from arms contracts, dual-use technology R&D scope, sales to embargoed regimes, peacebuilding investment, conflict divestment policy, board oversight of defense activities, export end-user certification, lobbying on arms control, humanitarian procurement compliance, human rights due diligence frequency in conflict areas, Arms Trade Treaty compliance, AI military safeguards, UN Guiding Principles alignment, dual-use item screening, surveillance transparency, codified ethical red lines, exposure to controversial weapons, war-risk audit results, annual conflict partner reviews, defense divestment, conflict minerals percentage, peace technology investment ratio, conflict zone procurement, and ethical red lines compliance rate was either not available or not sufficiently detailed to meet the scoring rubric's requirements.

1

Planet-Friendly Business

-20

Fabrinet's water intensity was 273 m³ per $1 million revenue in 2024.

1
The company recycled 54% of its non-hazardous waste in 2024.
2
Fabrinet reported no significant instances of non-compliance with environmental laws or regulations during the 2024 reporting period.
3
The company conducts Environmental Impact Assessments for all new products using a life cycle perspective
4
and is ISO 14001 certified for 100% of its manufacturing operations in Thailand.
5
In 2024, Fabrinet initiated and implemented 206 projects related to Green Stream Mapping and 3R (Reduce, Reuse, Recycle) initiatives.
6

Respect for Cultures & Communities

30

Fabrinet has established 14 formal partnerships with local community groups and organizations, including the Khun Pra Lane Community Committee, Thai Red Cross Society, Thanyaphon Reception Home for Girls, and Maharaj Foundation Home for Boys.

1
As of FY2024, 90% of the global workforce, totaling 12,750 employees, is based in Thailand.
2
The company has reported no cultural appropriation incidents.
3
Free, Prior and Informed Consent (FPIC) processes are stated as not applicable to the company's operations in Thailand.
4
Fabrinet has taken actions to protect cultural sites, such as making donations to support temple renovations, including Samakkeerat temple.
5
No cultural incidents have been reported, making a specific response framework not applicable.
6

Safe & Smart Tech

0

Fabrinet has not experienced any material security breaches or unauthorized data use incidents in the past three years.

1
The company maintains a comprehensive set of certifications, including ISO/IEC 27001 for Information Security Management Systems
2
and ISO 22301 for Business Continuity Management Systems,
3
alongside numerous industry-specific quality certifications.
4
It explicitly complies with the Thai Personal Data Protection Act (PDPA),
5
FDA standards for medical device manufacturing,
6
and EU ISO requirements.
7
Employees receive mandatory annual cybersecurity training,
8
and third parties are engaged for risk assessment and to monitor and test safeguards.
9
The company's privacy policy outlines user rights for data access, correction, deletion, and withdrawal of consent.
10
However, data retention periods can extend up to 10 years after the end of a contractual relationship.
11

Zero Waste & Sustainable Products

-20

Fabrinet achieved a 54% non-hazardous waste recycling rate in FY2024.

1
The company conducts waste audits at least monthly
2
and reported no significant waste disposal violations during the reporting period.
3
Fabrinet implemented 206 waste reduction projects in 2024,
4
receiving multiple honors from the Thailand Kaizen Award and the CSR-DIW Continuous Award.
5
The company met its 2024 objectives for non-hazardous and hazardous waste intensity per million dollars of revenue.
6
Hazardous waste disposal is managed by licensed third-party vendors, and chemicals from production processes are recycled.
7
Circular design principles are integrated through environmental impact assessments for all new products
8
and participation in a circular economy development program.
9
Suppliers are required to comply with material environmental regulations, including RoHS and REACH,
10
and the Responsible Business Alliance (RBA) Code of Conduct.
11

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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.