Garmin Ltd.
GRMN.US | Manufacture of measuring, testing, navigating and control equipment
Garmin Ltd. is a global leader in GPS technology and wearable devices. The company designs, develops, manufactures, and markets a diverse range of navigation, communication, and information devices and applications. Garmin's products serve various markets, including automotive, aviation, marine, out...Show More
Better Health for All
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Garmin's core products, including smartwatches and fitness trackers, provide substantial health benefits by collecting data on sleep, physical activity, heart rate, stress, and VO2 max.
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These devices are used for personal wellness, corporate wellness, patient monitoring, and are eligible for HSA/FSA reimbursement if they treat or prevent illness.
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The company has no products with significant negative health impacts. Garmin demonstrates risk transparency by providing disclaimers that its devices are not for medical diagnosis
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and offers information on metric accuracy.
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For healthcare data responsibility, users can opt-in to share data for third-party research
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, and private health assessments for HSA/FSA eligibility are reviewed by licensed providers.
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Garmin Health API and SDK allow third parties to integrate data according to their privacy policies.
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The company shows strong commitment to mental health through collaborations with Harvard and Oxford on a Health and Happiness Study
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, supporting over 1,000 research studies with grants and devices
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, partnering with YourPrevention for stress management
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, and implementing employee resilience training programs since 2016.
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Garmin supports numerous clinical trials and research studies, with users able to opt-in to participate.
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Fair Money & Economic Opportunity
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No evidence available to assess Garmin Ltd on Fair Money & Economic Opportunity.
Fair Pay & Worker Respect
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Garmin reported a CEO pay ratio of 115:1 in 2022, with the median employee annual total compensation at $39,950.
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The company's Global Human Rights Policy condemns modern slavery, and a 2023 evaluation found no evidence of child labor in its supply chain.
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Garmin was also recognized as No. 2 on Forbes' 2024 list of America's Best Large Employers for its fair pay and worker respect initiatives, including compensation and corporate culture.
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The company offers extensive employee benefits and development programs, with its benefits package scoring 32% higher than similar high-tech companies.
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Fair Trade & Ethical Sourcing
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Garmin's standard supply agreements require suppliers to assure that products are not produced, manufactured, or packaged using forced, prison, or child labor.
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Noncompliance with these requirements is subject to action, which may include termination of the supplier relationship.
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Upstream suppliers are required to comply with Garmin’s Supplier Code of Conduct, which addresses labor and human rights issues, including modern slavery.
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Honest & Fair Business
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Garmin's Supplier Code of Conduct prohibits bribery, corruption, and deceptive marketing, emphasizing full regulatory compliance and ethical business practices throughout its supply chain
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. While this indicates a policy is in place and covers the supply chain, there is no evidence regarding the frequency or effectiveness of training, or specific guidance on facilitation payments, which are criteria for higher tiers.
Kind to Animals
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Garmin is noted for "Animal Usage: Entertainment|Other|Pet Industry."
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The company offers the Blaze™ equine wellness system, a product designed for monitoring horse health and fitness.
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Garmin also donated several dive watches to the Coral Restoration Foundation to aid in coral restoration efforts in the Florida Keys.
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However, no specific, quantifiable data points were provided in the articles to assess any of the defined KPIs against the rubric's thresholds, such as percentages of cruelty-free certified products, animal testing volumes, or measurable biodiversity impact metrics.
No War, No Weapons
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Garmin's core products, such as GPS and the G3000 flight deck, are dual-use technologies
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, with the G3000 being selected for military training aircraft
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, the U.S. Special Operations Command's Armed Overwatch program
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, and the U.S. Navy and Marine Corps' F-5 aircraft modernization
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. The company also provided over 6,000 smartwatches to the U.S. Space Force for a fitness study
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. Garmin products are subject to US export control and sanction laws
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, including restrictions on use in unmanned aerial vehicles (UAVs) without an export license
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. The company explicitly prohibits the sale or use of its products, technology, or software in activities involving nuclear, chemical, biological weapons, or missiles to deliver them
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. Garmin's policy also prohibits sales to countries subject to comprehensive U.S. sanctions (e.g., Cuba, Iran, N. Korea, Syria, Russia, Belarus, Crimea, Donetsk, Luhansk regions of Ukraine) and for military end-use in any country subject to an arms embargo
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. However, there is no evidence of a clear corporate ban on military sales or a comprehensive dual-use screening process for civilian-risk mitigation. Garmin supported humanitarian relief for Ukrainian refugees through a corporate matching program for employee donations to the United for Ukraine Global Fund
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. The company aligns with industry best practices for conflict minerals and is a member of the Responsible Minerals Initiative
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, but no percentage of conflict-free supply chain is provided. Upstream suppliers are required to complete a supplier risk assessment questionnaire on an annual or biannual basis
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Planet-Friendly Business
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No specific, quantitative data points were found in the provided article that directly map to the defined KPIs and their scoring thresholds. Information regarding company-wide emissions, renewable energy percentage, waste diversion rates, green building certifications, or other specific environmental metrics required by the rubric was not available.
Respect for Cultures & Communities
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Garmin Ltd. emphasizes general ethical practices, including honesty, integrity, and respect for associates, customers, and business partners
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. However, the company does not have publicly documented initiatives or policies specifically addressing the protection of indigenous rights, cultural heritage, or local traditions
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. Their corporate values lack explicit commitments to cultural respect and community engagement in the context of indigenous rights
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Safe & Smart Tech
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Garmin experienced a ransomware attack in 2020, but no customer data was compromised
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. The company does not sell user data
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. Mozilla Foundation noted Garmin's robust data protection measures and clear privacy policies
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. Garmin emphasizes ethical AI use with strong data protection and transparency, ensuring its AI features prioritize user data security
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. The company allows users to manage their data
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. Transparency is emphasized for its AI features, and privacy considerations are integrated into their development.
Zero Waste & Sustainable Products
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Garmin reduced the amount of plastic used in consumer product packaging by approximately 20% in 2023, and completely eliminated plastic windows in consumer product packaging design.
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The company's main refurbishing facility has achieved an 86% refurbish rate for returned damaged products over the past five years.
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Garmin implements multiple waste reduction initiatives, including annual recycling and e-scrap days that have collected over 195,000 pounds of e-scrap and 50,000 pounds of paper since 2019, diverting waste to waste-to-energy providers, increasing composting efforts, and achieving zero waste from furniture decommissioning at one office.
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Garmin provides customers with information on responsible disposal or recycling of devices, with options varying by country or region, and introduced a take-back program in Chile in 2023.
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