Identiv, Inc..
INVE.US | Manufacture of measuring, testing, navigating and control equipment
Identiv, Inc. is a global provider of physical security and secure identification solutions. The company operates through two segments: Premises and Identity. The Premises segment offers access control systems, readers, credentials, and related services that secure physical spaces. The Identity segm...Show More
Better Health for All
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The provided articles describe Identiv's involvement in the healthcare sector through its RFID and IoT solutions. These solutions are applied to improve cold chain management for temperature-sensitive pharmaceuticals like vaccines and biologics, enhance patient safety in medical devices, and prevent counterfeiting of drugs through smart packaging.
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While these applications contribute positively to health outcomes, the articles do not provide specific quantitative data regarding the proportion of Identiv's overall product portfolio or revenue dedicated to these health-related activities. Consequently, it is not possible to assess the net health effect of the firm's principal goods or services, the percentage of revenue from potentially harmful products, or the company's investment in health innovation against the rubric's quantitative thresholds. Similarly, there is no information on the frequency or severity of user harm, pricing accessibility, reach to vulnerable populations, or the company's approach to health data responsibility. Therefore, no KPIs can be scored based on the provided evidence.
Fair Money & Economic Opportunity
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No evidence available to assess Identiv, Inc. on Fair Money & Economic Opportunity.
Fair Pay & Worker Respect
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In 2024, the CEO's compensation was $2,101,455, while the median U.S. worker pay was $49,500, resulting in a pay ratio of approximately 424.53:1.
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As of December 31, 2024, Identiv had 166 employees and was not subject to any collective bargaining agreements, meaning 0% of its workforce is covered by such agreements.
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Employee reviews on Glassdoor indicate that 75% of employees would recommend Identiv to a friend.
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Fair Trade & Ethical Sourcing
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No specific, quantitative evidence was found across the provided articles to score Identiv, Inc. against the defined KPIs for Fair Trade & Ethical Sourcing. While some articles mention policies or partnerships related to supply chain practices, such as a Supplier Code of Conduct
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or efforts regarding conflict minerals
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, they do not provide the necessary metrics such as percentages of certified spend, audit frequencies, incident counts, traceability coverage percentages for the company's overall supply chain, remediation speeds, or the percentage of supplier contracts with enforceable ethical clauses.
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Honest & Fair Business
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Identiv has a confidential employee hotline available to all employees, with Audit Committee procedures for anonymous complaints, and states it will not tolerate retaliation against whistleblowers.
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However, there is no public information on training frequency or effectiveness metrics for this policy. The company prohibits bribery, gifts, and entertainment that could influence business relationships, referencing specific laws like the FCPA, and requires consultation with management for potential violations.
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This policy is FCPA-compliant, but there is no evidence of training frequency or effectiveness metrics. A majority of the board members are independent of Identiv and its management, and all members of the Audit, Compensation, and Nominating committees are independent.
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Identiv's RFID devices are certified to ISO 9001:2015 and ISO 14001:2015 quality manufacturing standards, but there is no broader evidence of independent verification of ethical claims or compliance.
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Kind to Animals
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No information regarding Identiv, Inc.'s practices related to animal welfare, animal testing, animal-derived ingredients, or habitat conservation was found in the provided articles. The articles primarily discuss the company's RFID/NFC technology, partnerships, and trade show participation. Therefore, no KPIs for the 'Kind to Animals' value can be assessed.
No War, No Weapons
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Identiv uses tin, tantalum, tungsten, and gold (3TG) in some products and relies on suppliers for information on these materials.
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For the year ended December 31, 2023, Identiv conducted a survey of active suppliers using the Conflict Minerals Reporting Template (CMRT) and its due diligence processes are developed in conjunction with the OECD Due Diligence Guidance.
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However, the company reported that it is unable to determine if any necessary conflict minerals originated in the Democratic Republic of the Congo or an adjoining country, and is unable to determine if its products are entirely conflict-free.
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Review of supplier information revealed inaccuracies and inconsistencies, with some suppliers unable to gather complete information from their own suppliers.
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Identiv continues to work with suppliers to improve information quality and completeness.
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Planet-Friendly Business
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Identiv's Thailand production facility achieved ISO 14001:2015 (Environmental Management) certification, and its Singapore facility renewed this certification.
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Multiple articles explicitly state that no regulatory actions, violations, fines, or compliance issues are mentioned.
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This indicates zero environmental compliance violations.
Respect for Cultures & Communities
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The provided articles, including the company's Code of Conduct, Conflict Minerals Policy documents, general social responsibility statement, and Supplier Code of Conduct, do not contain any specific quantitative data or concrete actions related to any of the KPIs under the 'Respect for Cultures & Communities' value.
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Therefore, no KPIs can be scored based on the evidence provided.
Safe & Smart Tech
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Identiv provides California residents with rights to request deletion, disclosure, and opt-out of personal data sales, and GDPR data subjects can request access, rectification, erasure, restriction of processing, or data portability via email, indicating excellent user data control.
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The company encrypts and/or password protects all transmissions containing personal data using AES and/or HTTPS encryption, which is a standard practice.
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Identiv's infrastructure utilizes industry-standard operating systems that are regularly patched in accordance with vendor recommendations, representing standard vulnerability management.
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Identiv collects information for authentication and account access, but specific details on the strength or availability of multi-factor authentication for its own services are not provided, placing it at industry standard.
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The company complies with the EU Data Act (Regulation (EU) 2023/2854), is committed to GDPR compliance, and adheres to the California Consumer Privacy Act (CCPA), demonstrating good regulatory compliance.
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Identiv participates in the EU–U.S. Data Privacy Framework, which is a recognized privacy certification, but without further context on industry requirements, it aligns with basic required certifications.
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Zero Waste & Sustainable Products
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Identiv's eco-friendly RFID and NFC tags incorporate circular design principles by using renewable paper, recycling all excess aluminum, and ensuring the paper substrate is fully repulpable.
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The manufacturing process is laser-based, eliminating etching and plastic layers, which are considered waste reduction initiatives.
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The company holds ISO 14001:2015 certification for sustainable and environmentally responsible practices, indicating compliant hazardous waste management.
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