MASHINIi

indie Semiconductor, Inc..

INDI.US | Manufacture of electronic components and boards

indie Semiconductor, Inc. is an automotive semiconductor and software company. It focuses on edge sensors spanning multiple modalities including LiDAR, radar, ultrasound and vision, advanced driver assistance systems (ADAS), connected car, user experience and electrification applications. The compan...Show More

Ethical Profile

Mixed.

indie Semiconductor aims for 'uncrashable cars' with ASIL-D certified safety ICs, targeting a 50% reduction in road fatalities. The company has a formal whistleblower policy and an independent board. However, reports suggest a 'High' Sustainalytics ESG Risk Rating of 39.1. While employee Glassdoor reviews are positive (4.2/5) and the CEO pay ratio is 26:1, recent executive pay cuts and layoffs have been noted. On environmental impact, 2024 Scope 1 (15,800 CO2e) and Scope 2 (26,700 CO2e) emissions are tracked, but comprehensive Scope 3 and renewable energy data is limited.

Value Scores

Better Health for All0
-100100
Fair Money & Economic Opportunity0
-100100
Fair Pay & Worker Respect20
-100100
Fair Trade & Ethical Sourcing0
-100100
Honest & Fair Business40
-100100
Kind to Animals0
-100100
No War, No Weapons0
-100100
Planet-Friendly Business-50
-100100
Respect for Cultures & Communities0
-100100
Safe & Smart Tech20
-100100
Zero Waste & Sustainable Products-40
-100100

Better Health for All

0

The company's core business focuses on automotive semiconductor and software solutions for Advanced Driver Assistance Systems (ADAS) and autonomous driving, explicitly aiming to improve road safety and reduce accidents, injuries, and fatalities.

1
Its technologies enable features like Driver Monitoring Systems (DMS) to detect drowsiness and distraction, Automatic Emergency Braking (AEB), Blind Spot Detection (BSD), and vulnerable road user (VRU) detection.
2
These products are in series production and contribute to vehicles achieving 5-star safety ratings and ASIL-D certification, the highest functional safety level.
3
The company's products are designed to be cost-effective, enabling more affordable technology for wider market deployment.
4
However, there is no specific data on pricing relative to production cost or median income. The company's operations do not generate revenue from products with negative health outcomes. While the company offers wellness campaigns and an Employee Assistance Program (EAP) for its employees, these are internal initiatives and do not directly relate to the external healthcare workforce or preventative health measures for the general public as defined by the rubric.
5
There is no specific evidence regarding the company's direct engagement in health equity programs, healthcare education, or global health crisis response beyond general community support and internal diversity efforts. The company does not collect or manage health-related data, nor does it hold healthcare-related patents or produce food/nutritional products.

Fair Money & Economic Opportunity

0

indie Semiconductor is an automotive semiconductor and software company, not a financial institution.

1
The company's core business involves providing system-level solutions to automotive Tier 1 suppliers and OEMs, not offering lending, deposit, or other consumer financial services.
2
Therefore, all KPIs related to financial products, services, and their impact on consumers or underserved populations (e.g., underserved client share, pricing fairness, exploitative fee exposure, wealth building outcomes, debt burden ratio, product simplicity) are not applicable.
3
While the company has internal diversity and inclusion initiatives for employees
4
and offers employee benefits,
5
these do not constitute financial inclusion programs for external low-income or micro-segments, nor do they align with the specific definitions of profit reinvestment in community finance or financial literacy initiatives for external customers. The company does not generate or manage customer finance data, nor is it regulated as a lender.

Fair Pay & Worker Respect

20

In the 2024 fiscal year, the CEO's total compensation was 26 times the median employee compensation of $117,216.

1
Employee reviews on Glassdoor indicate an overall rating of 4.2 out of 5 stars, with 91% of employees recommending the company.
2
There is no information provided regarding any substantiated labor-law or human-rights violations in the past three years.
3

Fair Trade & Ethical Sourcing

0

No specific, concrete evidence was found across the provided articles regarding INDI.US's performance on fair trade and ethical sourcing KPIs. The articles discuss general industry topics or are promotional, without offering any quantitative data, certifications, or specific actions related to INDI.US's supply chain practices, audits, labour incidents, traceability, remediation, contractual clauses, material risk, or supplier diversity.

1

Honest & Fair Business

40

The company has a formal whistleblower policy, an 'Open Door Policy for Reporting Complaints,' allowing anonymous reporting via an online portal, email, or a phone hotline run by a third-party provider.

1
It explicitly states no retaliation for good-faith reporting, and investigations are discussed with HR, internal audit, and legal departments.
2
Seven of the nine board members are independent, representing 77.7% of the board.
3
The company reports a 'None' controversy level from Sustainalytics.
4
All aspects of the business are subject to internal controls and external audit processes.
5
The company maintains strong policies in anti-bribery, money laundering, and modern slavery.
6
It holds ISO 9001:2015 certification since 2019, ISO 26262:2018 Functional Safety certification, and its processes are in accordance with IATF 16949:2016 requirements.
7
It also implemented the independent EcoVadis sustainability assessment platform in 2024.
8

Kind to Animals

0

INDI.US is an automotive semiconductor and software company. Its business model, which focuses on edge sensors, ADAS, connected car, user experience, and electrification applications, does not involve animal-derived products, animal testing, animal husbandry, or the sourcing of animal agriculture products. Therefore, all KPIs related to animal welfare, such as cruelty-free certifications, alternative testing methods, humane certifications for animal operations, ethical input substitution, supplier audits for animal welfare, cage-free sourcing, animal testing policy and volume, R&D investment in animal-free technologies, animal agriculture ethics, animal-free R&D collaboration, and public policy engagement on animal welfare, are not applicable to its operations.

No War, No Weapons

0

The provided articles do not contain specific, quantifiable evidence for any of the KPIs related to the 'No War, No Weapons' ethical value. While the company's ESG reports mention a commitment to avoiding direct or indirect procurement of Conflict Minerals and alignment with UN Sustainable Development Goals.

1
No other KPIs have explicit, scorable evidence regarding revenue from arms contracts, dual-use technology R&D, peacebuilding investments, or any other relevant metrics. Therefore, no KPIs can be scored.

Planet-Friendly Business

-50

The company's 2024 Scope 1 emissions were 15,800 metric tons CO2e and Scope 2 emissions were 26,700 metric tons CO2e, totaling 42,500 tCO2e.

1
These emissions were captured for the first time in 2024, so no annual decline data is available.
2
Some facilities, including those in Germany and Canada, are powered by renewable energy, but a specific percentage is not provided.
3
The company collects and separates e-waste, batteries, plastics, and packaging for recycling, and uses recycled paper where possible.
4
It has a Supplier Social Responsibility Agreement that includes audits for waste handling, environmental management systems, restricted substances, and conflict minerals.
5
The company states it has had no work-related injuries for 16 consecutive years (since 2007), and no environmental compliance violations were mentioned in the provided articles.
6

Respect for Cultures & Communities

0

The provided articles do not contain specific, quantifiable data points for any of the KPIs related to Respect for Cultures & Communities. Information regarding formal partnerships, revenue reinvested in local communities, cultural appropriation incidents, cultural impact assessment protocols, local employment ratios, community grievance mechanisms, FPIC participation, community governance inclusion, cultural preservation investment, local procurement share, indigenous supplier count, cultural site protection, social license to operate, charitable giving to cultural organizations, community fund allocation, language inclusivity, cultural incident response, or cultural training completion is absent.

1
The articles generally discuss ESG commitments and social responsibility but lack the concrete metrics required for scoring.

Safe & Smart Tech

20

Indie Semiconductor holds ISO9001, IATF16949, and ISO26262 certifications.

1
Specifically, the company achieved ASIL-D certification, which is the highest safety level defined in ISO 26262 for functional safety in road vehicles, awarded by SGS-TÜV Saar.
2
No regulatory actions, violations, fines, or compliance issues are mentioned in the provided articles.
3

Zero Waste & Sustainable Products

-40

The company has implemented several waste reduction initiatives, including the collection and separation of e-waste, batteries, plastics, and packaging for recycling.

1
It specifies recycled paper for office use, encourages local waste management initiatives, and in 2024, its global offices diverted over 950 pounds of electronics from landfills through e-waste recycling events.
2
The Dresden Center of Excellence works with CaritasBox to refill printer cartridges, and the Edinburgh Design Center partners with a waste management specialist.
3
For hazardous waste, the company's products comply with Restriction of Hazard Substances (RoHS) and are halogen-free.
4
The company's SoCs combine functions to reduce the size, power consumption, and cost of automotive electronic control units, thereby minimizing material use.
5
However, the company currently has vague waste reduction goals, stating it will set specific targets once it reaches a more stable state.
6
Suppliers are expected to have documented processes for handling and disposing of waste, including photomasks and wafers, and to have an ISO-14001 environmental management system.
7

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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.