Iofina plc.
IOF.LSE | Other mining and quarrying n.e.c.
Iofina plc specializes in the exploration and production of iodine, as well as the manufacturing of specialty chemical products. The company operates primarily in the United States, extracting iodine from brine water produced from oil and gas wells. Iofina utilizes its proprietary WET® IOsorb® techn...Show More
Better Health for All
10
Iofina's core products, iodine and its derivatives, are extensively used in human health applications, including X-ray contrast agents, pharmaceuticals, antiseptics, and for thyroid function
1
. They are also essential for animal health and nutrition
2
. The company explicitly states these compounds have a positive impact on society and are essential for human and animal health
3
. While some industrial applications exist, no negative health impacts are reported for any products. The company's iodine extraction process from produced water brine (an oil and gas waste stream) is described as sustainable, environmentally friendly, and ecologically efficient, minimizing environmental impact compared to traditional mining
4
. Iofina Chemical also uses aqueous-based chemistries to reduce organic solvents
5
and is committed to minimizing energy consumption and waste generation
6
, which contributes positively to community health. As a chemical producer, Iofina supplies iodine compounds as additives to the nutrition and animal feed industries
7
but does not produce or sell food products directly.
Fair Money & Economic Opportunity
0
Iofina plc operates within the specialty chemicals industry, focusing on iodine production and chemical manufacturing.
1
The company's core business activities do not involve financial services or initiatives aimed at promoting economic opportunity for underserved communities.
2
There is no evidence of involvement in microfinance, affordable lending, or financial literacy programs, nor does the company offer lending or deposit services to consumers.
3
Consequently, all KPIs related to fair money and economic opportunity are not applicable to its operations.
4
Fair Pay & Worker Respect
50
The company reported zero Lost Time Incidents (LTIs) per 200,000 hours worked for 2023
1
and no LTIs for the Group for the six months ended 30 June 2025.
2
Iofina Chemical, a subsidiary, also reported no LTIs for over 1,181 days as of December 31, 2023.
3
The company invests in Environmental Health and Safety (EH&S) training and software,
4
and Iofina Chemical is an ISO 9001:2015 certified and Chemstewards® facility.
5
Fair Trade & Ethical Sourcing
0
No specific, quantitative evidence was found in the provided articles to assess Iofina plc against the defined Key Performance Indicators for Fair Trade & Ethical Sourcing. Information available pertains to the company's internal code of conduct and policies (e.g., Anti-Corruption and Bribery Policy, Whistleblowing Policy)
1
and general statements about sourcing raw materials and environmental sustainability.
2
However, these do not provide data points for supplier-related metrics such as fair-trade certification, audit frequency, forced/child labour incidents, supply chain traceability, remediation speed, ethical clause coverage in supplier contracts, high-risk materials spend, or supplier diversity spend. References to the Audit Committee's meeting frequency relate to internal governance, not supplier audits. The Audit Committee meets on a regular basis and at least two times a year.
3
Statements about being an Equal Opportunity Employer
4
or community donations
5
relate to internal employment practices or community investment, not supplier diversity in procurement.
Honest & Fair Business
-30
The company's board consists of six directors, with three Non-Executive Directors explicitly considered independent by the Board.
1
This means 50% of the board members are free from material conflicts of interest. The Group has adopted a Whistleblowing Policy
2
and an Anti-Corruption and Bribery Policy,
3
and Iofina Chemical is ISO 9001:2015 certified
4
and a certified Chemstewards® facility.
5
However, no specific details on the strength, enforcement, or scope of these policies, or the extent of independent verification of ethical claims, were provided. There is no information on regulatory fines, transparency index scores, financial restatements, audit coverage percentage, ESG controversy scores, or complaint resolution times.
Kind to Animals
0
Iofina plc manufactures iodine and iodine-based chemicals, which are supplied to industries including animal feed, animal care, and animal nutrition
1
. The company itself does not engage in animal agriculture operations or source animal products, making the animal agriculture ethics KPI not applicable. No other specific, concrete data points were found in the provided articles regarding cruelty-free certifications, animal testing policies or volumes, humane certifications for operations, measurable wildlife conservation impact, ethical input substitution, supplier audits for welfare, cage-free sourcing, investment in animal-free R&D, or public policy engagement related to animal welfare.
No War, No Weapons
0
Iofina plc demonstrates a clear commitment to non-military activities, with its products intended for civilian use
1
and no significant indications of direct or indirect involvement in military operations or weapon manufacturing
2
. The company's operations emphasize avoiding military contracts or dual-use technologies
3
, indicating that no dual-use products are developed or sold. Iofina also states it has no current sales exposure with Russia, Ukraine, or in or around the Middle East
4
, aligning with its focus on civilian markets. Furthermore, the company has no exposure to any weapons, controversial or otherwise, as its business is focused on civilian applications.
5
Planet-Friendly Business
0
No specific, quantifiable evidence was found in the provided articles to assess Iofina plc against the defined KPIs for Planet-Friendly Business. While the company reported electricity usage of 11,404,278 kWh and natural gas consumption of 67,281 CCF in 2023 for producing 1,267 metric tonnes of goods
1
, this data is not in the required tCO₂e format for GHG emissions. The articles explicitly state that there is limited publicly available information regarding Iofina's environmental policies, emissions reporting, sustainability targets, or specific initiatives for carbon footprint reduction or renewable energy transition
2
.
Respect for Cultures & Communities
0
Iofina plc operates in an industry generally considered neutral towards cultural impacts.
1
The company has no reported cultural appropriation incidents. Its operations do not impact cultural contexts, thus no specific cultural impact assessment protocol or FPIC processes are applicable. There are no cultural site disruptions as the company does not operate near such sites.
Safe & Smart Tech
0
Iofina plc maintains a privacy policy for its website, www.iofina.com, detailing the collection and use of personal information
1
. The policy outlines choices available to users regarding their personal data, including how to access and update it
2
. The website also incorporates a 'Manage Cookie Consent' feature
3
, enabling users to control various cookie categories such as Functional, Preferences, Statistics, and Marketing
4
.
Zero Waste & Sustainable Products
0
Iofina plc's core business model involves extracting iodine from industrial brine, a byproduct of oil and gas operations
1
. This process exemplifies resource efficiency and waste minimization by converting an industrial byproduct into a valuable product, aligning with zero waste principles
2
. This demonstrates a leading implementation of circular design principles across its operations.