Hydrofarm Holdings Group, Inc..
HYFM.US | Wholesale of agricultural machinery, equipment and supplies
Hydrofarm Holdings Group, Inc. is a leading independent distributor and manufacturer of hydroponics equipment and supplies in North America. The company provides a wide range of products, including horticultural lighting, growing media, nutrients, and other essential supplies for controlled environm...Show More
Better Health for All
0
The provided articles do not contain specific, concrete data points to assess Hydrofarm Holdings Group, Inc. against the 'Better Health for All' ethical value. The company's products are hydroponics equipment and supplies, which are not directly health-related products or services.
1
While one article discusses the potential of hydroponic farming to address food insecurity, it does not provide specific data on Hydrofarm's products, their direct health impact, pricing, or reach to vulnerable populations.
2
The articles explicitly state that many KPIs are 'Not applicable' or that 'No data' is provided for health-related metrics such as net health effect of products, harmful revenue share, user safety, price accessibility, vulnerable reach, risk transparency, health innovation investment, health externalities, health equity programs, healthcare workforce support, preventative health measures, healthcare data responsibility, global health crisis response, mental health initiatives, healthcare education, or addiction mitigation.
3
Workplace safety is mentioned but is explicitly excluded from this value category.
4
Fair Money & Economic Opportunity
0
Hydrofarm Holdings Group, Inc. is a distributor and manufacturer of hydroponics equipment and supplies
1
, not a financial institution.
2
The company's core business does not involve lending, insuring, moving, or storing money for consumers.
3
Therefore, all KPIs related to financial products, services, and their impact on customers' financial well-being are not applicable to its operations, resulting in a score of 0 for each.
Fair Pay & Worker Respect
0
No evidence available to assess Hydrofarm Holdings Group, Inc. on Fair Pay & Worker Respect.
Fair Trade & Ethical Sourcing
0
No quantitative data was found in the provided articles to assess Hydrofarm Holdings Group, Inc. against any of the Fair Trade & Ethical Sourcing KPIs. The articles mention the existence of a Supplier Code of Conduct (HSCC) outlining requirements for suppliers regarding labor practices, ethical standards, and environmental impact.
1
Hydrofarm also states its support for the California Transparency in Supply Chains Act of 2010.
2
However, these are policy statements and do not provide specific metrics such as the percentage of fair-trade certified spend, audit frequency, number of labor incidents, traceability coverage, remediation speed, ethical clause coverage, materials risk index, or supplier diversity spend. Therefore, all KPIs are omitted due to lack of concrete, quantitative evidence.
Honest & Fair Business
0
Hydrofarm has a comprehensive anti-corruption program with a zero-tolerance policy for bribery and corruption, including policies, procedures, risk assessments, training, monitoring, a Code of Conduct, a Supplier Code of Conduct, and risk-based integrity due diligence for business partners, covering all global operations with high-risk assessments.
1
The company also has an AlertLine, an independent reporting channel available in multiple languages for anonymous reporting, and explicitly states that retaliation against whistleblowers is not tolerated.
2
However, the extent of independent verification of ethical claims is approximately 50% with a standardized scope, and independent external assessments of the compliance program are conducted periodically, not continuously or for all claims.
3
Kind to Animals
0
No data relevant to the 'Kind to Animals' value or its associated Key Performance Indicators (KPIs) was found in the provided articles for Hydrofarm Holdings Group, Inc.
1
Both articles explicitly state that no such information is present or available.
2
No War, No Weapons
0
No evidence available to assess Hydrofarm Holdings Group, Inc. on No War, No Weapons.
Planet-Friendly Business
-30
Multiple articles consistently state that no specific regulatory actions, violations, fines, or compliance issues have been mentioned for the company.
1
Respect for Cultures & Communities
0
The provided articles are sourced from www.hydro.com, which is the official website for Norsk Hydro, a different entity than the company under assessment, Hydrofarm Holdings Group, Inc. (HYFM.US).
1
As such, the information contained within these articles does not pertain to HYFM.US. Consequently, there is no relevant evidence available from the provided materials to score any of the KPIs for Hydrofarm Holdings Group, Inc.
Safe & Smart Tech
0
No evidence available to assess Hydrofarm Holdings Group, Inc. on Safe & Smart Tech.
Zero Waste & Sustainable Products
0
No evidence available to assess Hydrofarm Holdings Group, Inc. on Zero Waste & Sustainable Products.