Better Health for All

IDEX Corporation's Health & Science Technologies segment provides precision-engineered fluidics and optical components essential for medical devices and diagnostic instruments, enhancing healthcare delivery and patient outcomes.

This segment played a pivotal role during the COVID-19 pandemic by supplying critical components for Next-Generation DNA sequencing and PCR diagnostic systems. These were integral in the rapid identification of the SARS-CoV-2 genome and the development of diagnostic tests, contributing to testing, treatment, and vaccine development. The company's Fluid & Metering Technologies segment also serves pharmaceutical and life science industries, and its Diversified Products segment manufactures fire suppression and rescue tools, all contributing to health and safety. IDEX has no reported revenue from products with well-established negative health outcomes.

Fair Money & Economic Opportunity

IDEX Corporation operates primarily in the industrial machinery sector, focusing on fluid and metering technologies, health and science technologies, and fire and safety products.

The company does not directly engage in financial services such as lending or banking. Consequently, all KPIs related to consumer financial products, services, and associated disclosures are not applicable to IDEX's core business operations and are scored as 0. While IDEX supports community initiatives through its Foundation and offers financial well-being programs for employees, these do not align with the specific criteria for assessing financial institutions under the 'Fair Money & Economic Opportunity' value.

Fair Pay & Worker Respect

IDEX Corporation settled a lawsuit in 2020 for $275,000 related to the termination of a worker with perceived disabilities.

The company also settled a lawsuit in 2017 for $380,000 alleging the termination of a regional manager due to cancer. IDEX conducts annual pay equity analyses in the U.S., making base pay adjustments to correct discrepancies. It provides a comprehensive benefits package to employees, including health insurance, retirement savings, parental leave, and wellness programs. The company enforces a Code of Business Conduct and Ethics that prohibits discrimination and harassment and maintains a global hotline for employees to anonymously report ethical concerns. IDEX publishes its EEO-1 consolidated report, providing transparency regarding the diversity of its U.S. workforce, and conducted an Intercultural Development Inventory with its Board and top leaders to enhance intercultural competencies. The Board recommended against a 2023 shareholder proposal for a report on fair chance hiring practices, stating existing practices effectively address equitable employment.

Honest & Fair Business

The company reported zero monetary losses from legal proceedings associated with bribery, corruption, or anti-competitive behavior in both 2023 and 2024.

Its Board of Directors consists of 90% independent members, and key committees are comprised solely of independent non-employee directors. A comprehensive anti-corruption policy, applicable globally, strictly prohibits bribery and unlawful payments. It includes annual risk-based anti-corruption audits across the enterprise, annual training for all employees on the Code of Business Conduct & Ethics, and a compliance process for third-party sales intermediaries involving background checks, compliance agreements, and periodic renewals based on risk ratings. A 24/7 ethics hotline, available in multiple languages, allows for confidential and anonymous reporting by employees, suppliers, customers, and the public, complying with the EU Whistleblower Directive. All hotline cases are investigated, and retaliation is strictly prohibited, with investigations striving for completion within 45 days. The company strives to complete investigations of ethics complaints within 45 days. However, no external assurance was sought for the 2024 Sustainability Report.

Kind to Animals

IDEX Corporation's core operations in industrial machinery do not directly intersect with animal welfare. The company emphasizes ethical business practices and a Supplier Code of Conduct

, but specific policies on animal welfare, such as prohibiting animal testing or supporting ethical farming and wildlife protection, are not explicitly mentioned . Initiatives like optimizing inventory storage and reducing packaging waste are noted to indirectly benefit ecosystems and wildlife by minimizing environmental impact , but no measurable conservation impact is provided.

No War, No Weapons

The provided article confirms IDEX Corporation's involvement in aerospace and defense markets, specifically producing optics and shutters used in border surveillance, advanced targeting systems, and infrared countermeasure systems.

However, the article does not provide specific quantitative data points such as the percentage of revenue from these activities, the scope of R&D investment in dual-use technologies, or any details regarding peace initiatives, ethical safeguards, or transparency measures. Therefore, no KPIs can be scored based on the available evidence.

Planet-Friendly Business

IDEX Corporation has a goal to reduce Scope 1 and Scope 2 GHG emissions intensity by 30% by 2035 from a 2021 baseline, but these targets are not stated as SBTi-validated.

In 2024, the company sourced 3.16% of its operational energy consumption from renewable sources, primarily on-site solar generation. The company's hazardous waste recycling rate was 39% in 2024. IDEX completed a climate risk assessment in June 2023, aligning with TCFD guidance and including scenario analysis. This analysis used a "business as usual" (4°C rise by 2100) and a "net zero by 2050" (below 1.5°C rise by 2100) scenario, and these results are considered as part of ongoing strategic planning. The assessment determined low physical climate risks, with less than 1.5% of property value and less than 1% of revenue at risk. The company does not currently report Scope 3 emissions.

Respect for Cultures & Communities

IDEX Corporation's operations do not appear to directly intersect with cultural and community-focused values, and there is no documented evidence of the company engaging in initiatives specifically addressing cultural heritage or indigenous rights preservation.

There are no reported cultural appropriation incidents. While the IDEX Foundation supports general charitable causes aligned with health, well-being, leadership, education, and environmental initiatives, there is no specific focus or percentage of revenue donated to cultural heritage organizations. The company's Fluid Management business unit partnered with Jane Addams Elementary School to sponsor a concert promoting cultural experiences for over 500 students.

Safe & Smart Tech

IDEX Corporation requires all employees to complete annual cybersecurity training

, conducts regular phishing simulations , and rolled out a "Repeat Clicker Program" in 2024 for additional training and managerial oversight . The company implements a comprehensive cybersecurity program aligned with the NIST Cybersecurity Framework , including continuous internal vulnerability scans , annual external penetration tests , and regular internal and external assessments . It maintains an internal Incident Response Policy and utilizes a risk registry to prioritize and address critical IT risks . For data privacy, EU employees receive annual GDPR training , and each business unit is responsible for applying data privacy standards, including Data Protection Agreements (DPA) and Records of Processing Activity (ROPA) compliance, overseen by the Legal and Compliance Department . Data privacy audits are performed using a risk-based approach . In the initial stages of incorporating AI, an AI Oversight Committee has been implemented , comprising members from cybersecurity, IT, Legal and Compliance, and manufacturing , to manage AI policies, approved tools, and risk assessments .

Zero Waste & Sustainable Products

IDEX Corporation developed 14 new sustainable product lines in 2023, achieving significant waste reductions.

The Bristol facility implemented a coolant recycling process, which eliminated coolant wastewater pickups. Additionally, water-based cleaners were adopted to reduce environmental impacts.