Globalstar, Inc..
GSAT.US | Wireless telecommunications activities
Globalstar, Inc. is a telecommunications company that provides satellite-based voice and data services to businesses, government, and individuals. The company offers a range of services, including two-way voice and data communications, one-way data transmission, and emergency notification services. ...Show More
Better Health for All
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Globalstar's core products, such as SPOT devices, have been instrumental in over 10,000 emergency rescues, demonstrating a significant positive health impact by saving lives and improving safety for first responders.
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However, the company's safety record is negatively impacted by two helicopter crashes in 2009 and 2012, which resulted in fatalities during search and rescue operations initiated by device use.
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The misuse of these devices also creates negative health externalities by straining search and rescue resources due to false alarms.
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While manufacturers attempt to educate users on responsible use, marketing slogans like "Live to tell about it" and "Get help anywhere in the world" may encourage misuse, indicating a need for improved risk transparency.
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During the COVID-19 pandemic in 2020, SPOT devices were deployed to support first responder operations in Spain, showcasing contributions to global health crisis response.
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Fair Money & Economic Opportunity
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No evidence available to assess Globalstar, Inc. on Fair Money & Economic Opportunity.
Fair Pay & Worker Respect
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In 2024, Globalstar's CEO to median employee pay ratio was 10:1, with the CEO earning $1,009,445 and the median employee earning $99,212.
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As of December 31, 2022, 22 of the company's 332 employees, representing approximately 6.6% of the global workforce, were located in Brazil and subject to collective bargaining agreements.
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Fair Trade & Ethical Sourcing
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No quantitative data was provided in the articles for any of the Fair Trade & Ethical Sourcing KPIs.
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The articles mention Globalstar's Conflict Minerals Sourcing Policy and commitment to complying with regulations like the Dodd-Frank Act, but these are policy statements and commitments, not specific performance metrics or percentages required by the rubric.
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The statement that contracts include 'obligations for all parties' is not a quantifiable percentage of suppliers with enforceable ethical-sourcing clauses.
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Honest & Fair Business
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Globalstar has a policy to protect employees from retaliation for reporting violations in good faith, allowing anonymous reporting via a 24/7 third-party hotline (NAVEX).
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The company explicitly protects executives' rights to make disclosures under whistleblower laws without prior authorization.
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The company mentions that in the event of an Accounting Restatement, the Board will recover erroneously awarded compensation in accordance with NYSE Rules and Rule 10D-1, indicating a mechanism for addressing restatements.
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The company's internal control over financial reporting as of December 31, 2023, was audited by Ernst & Young LLP, an independent registered public accounting firm, but no percentage of overall audit coverage is provided.
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The company states that all reports of misconduct will be addressed promptly, but no specific resolution timeframe is given.
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The company settled a lawsuit with minority shareholders, leading to the appointment of three new independent directors, two of whom are designated as minority directors.
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A Strategic Review Committee was formed to approve related-party transactions involving the Executive Chairman or his affiliates.
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Globalstar prohibits offering or providing anything of value to government officials or private individuals to obtain improper advantage, prohibits facilitating payments, and requires business partners to complete anti-corruption compliance due diligence risk screening.
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However, training frequency and effectiveness metrics are not specified. The company requires FCPA certification from all Foreign Agents and distributors, with high-risk agents and distributors potentially requiring periodic re-certification, and due diligence before engaging new Foreign Agents.
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Kind to Animals
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Globalstar, Inc. is a telecommunications company providing satellite services. While its technology is utilized by third parties for purposes such as livestock monitoring (e.g., CERES TAG smart ear tags for animal welfare, health, and traceability
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; Ranchbot water level monitors to reduce water-related risks to herds
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; GSatTrack for ranch logistics and communication
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) and wildlife conservation (tracking rhinos, giraffes, buffalo, and pangolins
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), the provided articles do not contain specific, measurable data points directly attributable to Globalstar's own operations or initiatives that align with the quantitative thresholds of the 'Kind to Animals' rubric. Therefore, all KPIs are omitted due to a lack of direct evidence regarding Globalstar's cruelty-free certifications, animal testing practices, humane certifications for its own operations, measurable wildlife conservation impact, ethical input substitution, supplier audits for animal welfare, cage-free sourcing, R&D investment in animal-free alternatives, animal agriculture ethics, animal-free R&D collaboration, or public policy engagement on animal welfare.
No War, No Weapons
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The provided articles do not contain any specific, concrete data points or mentions related to Globalstar, Inc.'s involvement in arms manufacturing, military contracts, conflict facilitation, or any initiatives to mitigate the impact of war or foster nonviolent alternatives.
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Therefore, no KPIs under the 'No War, No Weapons' value can be scored based on the evidence provided.
Planet-Friendly Business
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No specific, concrete data points were found in the provided articles to assess Globalstar, Inc. against any of the Planet-Friendly Business KPIs.
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The articles either discuss general industry recommendations (like TCFD) or explicitly state that no sustainability reports are available for the company, thus precluding any quantitative or qualitative assessment of its environmental performance.
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Respect for Cultures & Communities
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No evidence available to assess Globalstar, Inc. on Respect for Cultures & Communities.
Safe & Smart Tech
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Globalstar has not reported any material cybersecurity threats that have materially affected the company as of February 2026, covering at least the past three years.
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The company and its subsidiary SPOT LLC are certified under the EU-U.S. Data Privacy Framework, the UK Extension, and the Swiss-U.S. Data Privacy Framework, demonstrating comprehensive privacy compliance for international data transfers.
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All employees complete cybersecurity training at least quarterly and are randomly tested with phishing simulations, indicating an advanced training program.
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The company's enterprise-wide information security program, which includes a formalized incident response plan, is evaluated and audited annually by independent third parties.
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However, Globalstar retains personal information for services for 7 years after contract termination and job applications for 10 years, indicating longer than average data retention periods.
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The company is committed to complying with all applicable data protection and privacy laws, including GDPR and CCPA, and has a Globalstar Data Breach Response Policy.
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Zero Waste & Sustainable Products
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No data relevant to Globalstar, Inc.'s waste management, sustainable products, or zero-waste initiatives was found in the provided articles.
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The company does not have responsibility or sustainability reports available on the reviewed platforms.
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Consequently, there is no information regarding waste diversion rates, product recyclability, packaging sustainability, recycled content, single-use plastic reduction, take-back program coverage, circular design principles, waste reduction initiatives, hazardous waste management, product durability, repairability scores, waste audit frequency, zero waste certification, waste disposal violations, material efficiency, packaging-to-product ratio, waste reduction targets, supplier waste requirements, or customer waste education programs.
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