MASHINIi

Harbinger Group.

HRG.US | Activities of holding companies

Harbinger Group Inc. (HRG) is a diversified holding company. Through its subsidiaries, HRG operates in various sectors including consumer products, insurance, and energy. The company's consumer products segment focuses on branded consumer health and personal care products. Its insurance segment prov...Show More

Ethical Profile

Mixed.

Harbinger Group (HRG.US) presents a mixed ethical profile. Its subsidiary, Harbinger Health, is developing a multi-cancer early detection test, showing 98.3% specificity and 80.3% late-stage sensitivity in clinical data, aiming for low-cost solutions for high-risk populations. However, critics point to HRG's significant oil and gas segment, which is inherently misaligned with health and planet-friendly values due to fossil fuel externalities. This segment has also been linked to potential contributions to conflict and impacts on indigenous lands. While some subsidiaries show sustainability commitments, comprehensive data across the holding company is largely unavailable for many ethical areas, including fair pay, ethical sourcing, and honest business practices.

Value Scores

Better Health for All0
-100100
Fair Money & Economic Opportunity0
-100100
Fair Pay & Worker Respect0
-100100
Fair Trade & Ethical Sourcing0
-100100
Honest & Fair Business0
-100100
Kind to Animals-20
-100100
No War, No Weapons0
-100100
Planet-Friendly Business0
-100100
Respect for Cultures & Communities0
-100100
Safe & Smart Tech0
-100100
Zero Waste & Sustainable Products0
-100100

Better Health for All

0

The provided articles primarily detail the operations of Harbinger Health, a subsidiary of HRG.US, which focuses on developing blood-based multi-cancer detection tests. For KPIs such as pharma_patent_flexibility, nutrition_and_food_safety, and addiction_mitigation, the activities described for Harbinger Health do not involve these areas, and no relevant information is provided for other segments of the diversified parent company HRG.US. Consequently, these KPIs are deemed not applicable. For all other KPIs, there is insufficient specific data to assess the diversified operations of HRG.US against the rubric's thresholds, leading to their omission.

Fair Money & Economic Opportunity

0

Harbinger Group Inc. (HRG.US) operates an insurance segment that provides life insurance and annuity products, including Fixed Index Annuities (FIA).

1
As the company does not offer debt products to consumers, the 'debt_burden_ratio' KPI is not applicable. No specific data points related to other fair money and economic opportunity metrics, such as underserved client share, pricing fairness, or exploitative fee exposure, were found in the provided articles.

Fair Pay & Worker Respect

0

No specific quantitative data for Harbinger Group (HRG.US) related to fair pay and worker respect metrics is provided across the articles. The available information consists of general discussions on labor automation ethics

1
, employee engagement
2
,
3
, and pay equity trends
4
,
5
, none of which offer company-specific figures for living wage coverage, CEO-median pay ratio, collective bargaining share, safety incident rates, pay equity ratios, worker engagement scores, turnover rates, labor violation incidents, insecure contract share, or health insurance coverage.

Fair Trade & Ethical Sourcing

0

No evidence available to assess Harbinger Group on Fair Trade & Ethical Sourcing.

Honest & Fair Business

0

No evidence available to assess Harbinger Group on Honest & Fair Business.

Kind to Animals

-20

The company performs animal testing when mandated by the Federal Environmental Protection Agency (EPA) and the Food and Drug Administration (FDA).

1
Its policy prohibits studies that require invasive techniques or loss of life.
2
The company supports the internationally accepted "3 Rs" (replacement, reduction, refinement)
3
and aims to derive maximum scientific information from the minimum number of animals using humane methods.
4

No War, No Weapons

0

No specific evidence for Harbinger Group Inc. (HRG.US) was found in the provided article. The article discusses the Dodd-Frank Act Section 1502 and conflict minerals in the Democratic Republic of Congo generally, including compliance rates among surveyed companies and regulatory challenges, but does not contain any data specific to HRG.US.

Planet-Friendly Business

0

The provided articles do not contain specific, quantitative data points for any of the Planet-Friendly Business KPIs. While some articles mention commitments to sustainability, reducing impact, or plans for future initiatives (e.g., measuring carbon footprint, utilizing renewable energy credits, transitioning to recycled packaging, or partnering for recycling starting in 2024), these are not current, measurable outcomes or validated targets.

1
No data on emissions, renewable energy use, water consumption, waste diversion, green building certifications for facilities, or climate-related financial disclosures is provided. Product-specific certifications like NSF ANSI 332 Gold and FloorScore are mentioned for Harbinger Floors
2
, but these do not align with the facility-focused 'pct_buildings_green_certified' KPI, nor do they provide quantitative data for other KPIs.

Respect for Cultures & Communities

0

No evidence available to assess Harbinger Group on Respect for Cultures & Communities.

Safe & Smart Tech

0

No evidence available to assess Harbinger Group on Safe & Smart Tech.

Zero Waste & Sustainable Products

0

No information regarding HRG.US's performance on Zero Waste & Sustainable Products, or any related KPIs, was found in the provided articles.

1

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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.