MASHINIi

Ferro Corporation.

FOE.US | Manufacture of paints, varnishes and similar coatings, printing ink and mastics

Ferro Corporation is a global supplier of technology-based performance materials, including specialty materials, functional coatings, and color solutions. The company operates through three segments: Functional Coatings, Performance Colors and Glass, and Pigments. Functional Coatings provides coatin...Show More

Ethical Profile

Mixed.

Ferro Corporation's ethical profile is mixed. Critics point to a 2002 Clean Air Act settlement where the company paid $3 million for allegedly unlawful emissions of volatile organic compounds, including ethylene dichloride, a probable carcinogen, at a former facility. Employee reviews on Indeed.com (3.4/5 stars) suggest mixed experiences regarding fair pay and worker respect, with complaints about management prioritizing profit, a blame culture, and low pay, though some praise coworkers. The company has implemented EHS management systems and online training to improve safety and aims to lower its total recordable incident rate. However, reports suggest insufficient evidence to fully assess its practices in fair trade, ethical sourcing, or zero waste, areas where its chemical-based products and global supply chains present inherent challenges.

Value Scores

Better Health for All-40
-100100
Fair Money & Economic Opportunity0
-100100
Fair Pay & Worker Respect0
-100100
Fair Trade & Ethical Sourcing0
-100100
Honest & Fair Business0
-100100
Kind to Animals0
-100100
No War, No Weapons-40
-100100
Planet-Friendly Business0
-100100
Respect for Cultures & Communities0
-100100
Safe & Smart Tech0
-100100
Zero Waste & Sustainable Products0
-100100

Better Health for All

-40

Ferro Corporation's Delaware River Plant had major health-harming externalities due to severe environmental contamination. Groundwater contained vinyl chloride at 20 Fg/L, which is four times the EPA maximum contaminant level of 5 Fg/L.

1
Surface soil samples detected Bis(2-ethylhexyl)phthalate up to 4,700 mg/kg, over 22 times the NJ NRDCSCC of 210 mg/kg, and hexachlorobenzene at 5.56 mg/kg, over 2.5 times the NJ NRDCSCC of 2.0 mg/kg.
2
Subsurface soil also contained acetone, ethylbenzene, and total xylenes above state standards, requiring a deed notice.
3
The cone of depression from groundwater pumping extended up to two miles.
4
While 'Current Human Exposures Under Control' was verified in 2009, based on covering surface soils and using personal protective equipment for workers, the underlying contamination persisted, indicating inadequate remediation.
5
Vibrantz Technologies, which Ferro became part of, reported a 13% reduction in Greenhouse Gas Emissions in 2024.
6

Fair Money & Economic Opportunity

0

Ferro Corporation is a global supplier of technology-based performance materials, including functional coatings, color solutions, and pigments.

1
The company's core business does not involve lending, insuring, moving, or storing money, nor does it offer consumer financial products or services. Therefore, all KPIs related to financial products, pricing, fees, lending compliance, debt, data accessibility for financial services, and wealth-building outcomes are not applicable. The Ferro Foundation, a separate non-profit, supports underserved groups with grants, but this is distinct from Ferro Corporation's direct profit reinvestment in community finance or its provision of financial literacy programs.

Fair Pay & Worker Respect

0

Ferro Corporation's employee reviews on Indeed, spanning January 2020 to August 2024 from 143 reviews, show an overall rating of 3.4 out of 5 stars (68%)

1
and a culture rating of 3.4 out of 5 stars
2
. Employee feedback included complaints about low pay, job insecurity, and potential job relocation to Mexico
3
. Other concerns raised were a lack of cross-training and a preference for external hires over internal promotions
4
. Conversely, some employees reported positive experiences with friendly coworkers, specific supervisors, and training opportunities
5
.

Fair Trade & Ethical Sourcing

0

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

Honest & Fair Business

0

No evidence available to assess Ferro Corporation on Honest & Fair Business.

Kind to Animals

0

Ferro Corporation's operations do not involve the sourcing of eggs, meat, or dairy products, making the 'cage_free_source_pct' KPI not applicable to its business model.

1

No War, No Weapons

-40

Ferro Corporation, now Vibrantz Technologies, has a policy to comply with U.S. economic embargoes against countries like Burma, Cuba, Iran, North Korea, Sudan, and Syria, and adheres to U.S. Anti-Boycott and Export Control Laws.

1
Systems are in place to vet suppliers and customers against trade rules and regulations.
2
For conflict minerals, 100% of Vibrantz suppliers have reported adherence to the Conflict Minerals Reporting Template (CMRT), and the Supplier Code of Conduct requires suppliers to assure that tin, tantalum, tungsten, and gold do not finance armed groups.
3
However, 70% of identified suppliers have reported adherence to the Extended Minerals Reporting Template (EMRT), with a target of 100% by mid-2025.
4
The company has implemented a Sustainable Procurement Policy and Supplier Code of Conduct, and is a member of the Responsible Minerals Initiative.
5
It is seeking confirmation from 80% of key suppliers to the principles of the Supplier Code of Conduct by the end of 2025.
6
Vibrantz has joined the United Nations’ Global Compact, and its Supplier Code of Conduct includes commitments to human rights practices and labor standards.
7

Planet-Friendly Business

0

No specific, company-wide quantitative data was found in the provided articles to assess Ferro Corporation against the defined Planet-Friendly Business KPIs. Information regarding environmental performance, such as carbon footprint, renewable energy use, waste diversion, and water consumption, was only available for 'Ferroplan' and its 'Finnish sites', which cannot be extrapolated to the entire global Ferro Corporation. Historical environmental compliance violations from 2002, related to operations between 1980 and 2000, do not provide an annual count for recent periods as required by the rubric.

1

Respect for Cultures & Communities

0

No specific, quantifiable evidence was found in the provided articles that directly maps to the defined Key Performance Indicators for 'Respect for Cultures & Communities'. While Article 0 mentions R$8 million invested in social initiatives, including culture

1
, this is an absolute amount and not a percentage of revenue or reinvested funds, nor is it specifically allocated to cultural heritage organizations or preservation programs as required by the rubric. Similarly, the mention of over 600 employees in local areas is an absolute number, not a percentage of the total workforce
2
. The articles explicitly note a lack of data for many relevant metrics
3
.

Safe & Smart Tech

0

A vendor risk assessment report indicates no recent security news or data breaches for Ferro.

1

Zero Waste & Sustainable Products

0

No evidence available to assess Ferro Corporation 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.