MASHINIi

Fox Factory Holding Corp..

FOXF.US | Manufacture of parts and accessories for motor vehicles

Fox Factory Holding Corp. designs, engineers, manufactures, and markets performance-defining products and systems worldwide. The company operates through two segments: Powered Vehicle Group (PVG) and Specialty Sports Group (SSG). The PVG segment offers suspension products and components, primarily f...Show More

Ethical Profile

Mixed.

Fox Factory Holding Corp. faces scrutiny over its ethical practices. In 2022, a data breach allegedly exposed 13 million records, including PII, due to misconfiguration, though the company disputed its severity. Critics point to a CEO to median employee pay ratio of 177:1 and OSHA penalties of $16,895 and $5,180 in 2022. Employee sentiment is low, with only 26% recommending working there. The company lacks formal supply chain verification processes, despite aiming for 90% of Tier 1 suppliers to sign a Code of Conduct by 2030. Positively, Fox Factory increased renewable energy procurement by 37% at two largest facilities and has a DitchCarbon score higher than 81% of peers.

Value Scores

Better Health for All0
-100100
Fair Money & Economic Opportunity0
-100100
Fair Pay & Worker Respect0
-100100
Fair Trade & Ethical Sourcing-80
-100100
Honest & Fair Business0
-100100
Kind to Animals0
-100100
No War, No Weapons0
-100100
Planet-Friendly Business0
-100100
Respect for Cultures & Communities0
-100100
Safe & Smart Tech0
-100100
Zero Waste & Sustainable Products-50
-100100

Better Health for All

0

The company's core business involves manufacturing suspension systems for vehicles and bikes, which are not directly health-related products or services, resulting in a neutral health impact. There is no evidence of revenue from products with negative health outcomes. The company does not offer health-related products requiring price accessibility considerations. Similarly, there is no evidence regarding risk transparency for health risks, investment in health innovation, or direct health externalities from its operations. The company's initiatives related to employee well-being, workplace safety, and data security are outside the scope of 'Better Health for All' as defined by the rubric.

1
No evidence was found for user safety records, vulnerable population reach, health equity programs, healthcare workforce support, preventative health measures, healthcare data responsibility, global health crisis response, mental health initiatives, healthcare education, or other specialized health KPIs.

Fair Money & Economic Opportunity

0

Fox Factory Holding Corp. designs, engineers, manufactures, and markets performance products and systems.

1
The company does not operate as a financial institution, nor does it offer lending or deposit services to consumers. Therefore, all 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, and product simplicity, are not applicable to its core business model. The company's social impact efforts, like the Trail Trust initiative which has expanded opportunities to over 27,000 underserved adventurers, and its company-wide Day of Understanding to advance diversity, equity, and inclusion, are not financial services and thus do not fall under the scope of this value's KPIs.
2

Fair Pay & Worker Respect

0

For the 2024 fiscal year, the CEO to median employee pay ratio was 177:1, with the median employee pay at $42,299.

1
As of January 3, 2025, none of the company's employees are subject to collective bargaining agreements.
2
The company achieved ISO 45001 certification for occupational health and safety at its Gainesville, Ga. and Taichung City, Taiwan facilities in 2023.
3
The company's employee engagement score was 69% in 2022, a 5% increase from 2021.
4
The company incurred two OSHA penalties totaling $22,075 in 2022 and 2019.
5
Employee benefits include medical, health, and dental insurance, and the company matches 50% of the first 6% of compensation contributed to the 401(k) Plan.
6

Fair Trade & Ethical Sourcing

-80

The company does not conduct audits of its suppliers to evaluate standards for human trafficking and slavery.

1
It also uses no formal process for verification of product supply chains to evaluate and address risks of human trafficking and slavery.
2
Furthermore, the company does not require direct suppliers to certify that supplied materials comply with laws regarding human trafficking and slavery.
3

Honest & Fair Business

0

No evidence available to assess Fox Factory Holding Corp. on Honest & Fair Business.

Kind to Animals

0

No evidence available to assess Fox Factory Holding Corp. on Kind to Animals.

No War, No Weapons

0

No relevant data was found in the provided articles to assess Fox Factory Holding Corp. against the 'No War, No Weapons' ethical value. explicitly states it contains no relevant data, and Articles and were inaccessible due to throttling, preventing any data extraction.

1

Planet-Friendly Business

0

Total Scope 1, 2, and 3 greenhouse gas emissions were approximately 483,822 tCO2e in 2023, representing a 13.56% annual decline from 559,753 tCO2e in 2022.

1

Respect for Cultures & Communities

0

No evidence available to assess Fox Factory Holding Corp. on Respect for Cultures & Communities.

Safe & Smart Tech

0

Fox Factory Holding Corp. (FOXF.US) has reported no prior cybersecurity incidents that have materially affected the company, according to its 2024 10-K filing.

1
The company also states it has a cybersecurity risk management program, which includes employee training, and has not reported any incidents of unauthorized data use.
2
The 10-K filing does not mention any specific regulatory actions, violations, fines, or compliance issues related to cybersecurity.
3

Zero Waste & Sustainable Products

-50

The company conducted a cradle-to-gate life-cycle assessment for four high-volume products.

1
It implemented packaging initiatives aimed at increasing the use of recycled/sustainable materials and reducing packaging mass.
2
The 2022 Sustainability Report mentioned no waste disposal violations or fines.
3
A Supplier Code of Conduct was rolled out to all Tier 1 suppliers in 2022, with a goal for 90% of them to sign on by 2030.
4

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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.