IDT Corporation.
IDT.US | Other telecommunications activities
IDT Corporation is a global provider of communications and payment services. The company operates through three main segments: Fintech, Carrier Services, and Retail. The Fintech segment primarily offers money transfer and financial services. The Carrier Services segment provides wholesale voice and ...Show More
Better Health for All
0
IDT Corporation's principal goods and services, as described, are communications and payment services, which have a neutral health impact. However, the company, through its subsidiaries and investments, is involved in health-positive activities. Integrated DNA Technologies (IDT) provides research tools for genomic medicine, cancer, inherited and infectious diseases, and cell/gene therapies, including new PrimeTime™ Influenza Kit and PrimeTime Research Pathogen Panels.
1
IDT also opened a 25,000 sq ft synthetic biology facility in May 2024
2
and a 41,000 sq ft Therapeutic Oligonucleotide Manufacturing facility in 2023.
3
IDT Corporation also made a $10 million investment in Cornerstone Pharmaceuticals in 2016,
4
which develops oncology drugs like CPI-613 for various cancers.
5
IDT Biologika, a partially owned entity, specializes in viral vaccines and other biologics.
6
There is no evidence of any products or activities with well-established negative health outcomes. The company does not produce or sell food/nutritional products, nor does it have products with addiction potential.
Fair Money & Economic Opportunity
0
No evidence available to assess IDT Corporation on Fair Money & Economic Opportunity.
Fair Pay & Worker Respect
20
The CEO-to-median employee pay ratio for 2024 was 29:1
1
, with CEO Shmuel Jonas's pay at $1,090,000
2
and the median employee pay at $38,213
3
.
Fair Trade & Ethical Sourcing
0
No relevant evidence was found in the provided articles for IDT.US (IDT Corporation) regarding its fair trade and ethical sourcing practices. The sole article provided pertains to 'IDT (Integrated DNA Technologies)', which is a different entity.
1
Honest & Fair Business
-10
IDT Corporation was subject to shareholder litigation where a judge awarded nominal damages
1
, which typically amount to a trivial sum such as $1.
2
The company has a whistleblower procedure, updated in March 2019
3
, which allows employees or third parties to make confidential and/or anonymous complaints regarding violations of its Code of Business Conduct and Ethics.
4
IDT prohibits retaliation against individuals who report complaints in good faith
5
, with disciplinary action up to and including termination for violations.
6
These procedures are communicated to all employees and posted on the corporate intranet and extranet.
7
The Audit Committee oversees the process
8
, and a designated Global Head of Human Resources (Compliance Officer) is responsible for receiving and promptly investigating complaints.
9
Kind to Animals
0
IDT Corporation (IDT.US) is listed with 'No Animal Exploitation'.
1
The company's business segments are Fintech, Carrier Services, and Retail, focusing on communications and payment services. Its operations do not involve animal-derived products, animal testing, animal agriculture, or direct impact on wildlife habitats. Information regarding IDT Biologika's animal health business and related activities is not applicable to IDT.US, as IDT Biologika divested its veterinary pharmaceuticals and R&D activities in June 2019.
2
No War, No Weapons
0
No specific, concrete data points were found in the provided articles for IDT.US (IDT Corporation) regarding its involvement in arms manufacturing, military contracts, dual-use technologies, sales to sanctioned regimes, peacebuilding investments, or any other related activities. The articles either refer to different entities with similar names (iDirect
1
, Integrated DNA Technologies
2
, Innovative Defense Technologies
3
) or discuss general export control regulations without specific company performance data for IDT.US
4
.
Planet-Friendly Business
0
IDT has set a net-zero value chain greenhouse gas emissions target by 2050 and aims for a 50.4% reduction in Scope 1 and 2 emissions by 2032.
1
The company reports waste reduction efforts, including a zero-waste-to-landfill goal at its Leuven site, and uses biodegradable shipping materials with recycled content.
2
LED lighting is cited as achieving a 90% energy efficiency gain.
3
No publicly available carbon emissions data or SBTi-validated reduction targets are disclosed.
4
The company aligns with Danaher's sustainability policies
5
and has received the Kimberly-Clark Greenovation award for seven of the past eight years.
6
Respect for Cultures & Communities
0
No specific, concrete data points were found in the provided articles for any of the KPIs related to Respect for Cultures & Communities. The articles either indicated a lack of specific ESG data for IDT.US
1
, were general information about ESG scoring services
2
, or focused on internal company culture and employee benefits without detailing community engagement, cultural impact assessments, or related metrics
3
.
Safe & Smart Tech
10
The company has a vulnerability disclosure process
1
and acknowledges submissions within 5 business days.
2
It states compliance with GDPR, CCPA, and other relevant regulations
3
, including specific sections for various US states' privacy laws.
4
Users have choices regarding data use and sharing, with opt-out options for marketing communications, access to account information, and data deletion.
5
The company uses SSL encryption for website transmissions
6
and maintains PCI compliance for credit card information.
7
Zero Waste & Sustainable Products
0
IDT has virtually eliminated all hazardous waste since late 2015 through declassification, beneficial reuse, and solvent substitutions.
1
For packaging, the company has solely used 100% biodegradable shipping envelopes and bubble wrap since 2016, and its shipping containers are made with over 85% recycled materials.
2
IDT has implemented several waste reduction initiatives, including a non-hazardous waste to landfill reduction program, nitrile glove recycling at all US sites, hard plastic recycling, and the recycling of chemical synthesis waste byproduct through the US EPA.
3
Additionally, acoustic liquid handling saves more than 3 million plastic tips a year, and shipping material per shipment has been reduced.
4
The company also formalized a baseline and metrics for measurable sustainability across all Iowa facilities in 2013.
5