Luminar Technologies, Inc..
LAZR.US | Manufacture of measuring, testing, navigating and control equipment
Luminar Technologies, Inc. develops and sells lidar sensors and perception software, primarily for the automotive industry. Their core product is a lidar system that provides three-dimensional information about the environment surrounding a vehicle, enabling advanced driver-assistance systems (ADAS)...Show More
Better Health for All
0
No relevant evidence was found in the provided articles to assess Luminar Technologies (LAZR.US) against the 'Better Health for All' ethical value. Both articles either resulted in a 404 error or explicitly stated they contained no data relevant to the company or the specified value.
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Fair Money & Economic Opportunity
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No relevant information or data for Luminar Technologies, Inc. (LAZR.US) regarding Fair Money & Economic Opportunity could be extracted from the provided articles. All articles either returned 404 errors or discussed unrelated topics, providing no evidence for any of the KPIs.
Fair Pay & Worker Respect
0
No evidence available to assess Luminar Technologies, Inc. on Fair Pay & Worker Respect.
Fair Trade & Ethical Sourcing
0
Luminar Technologies, Inc. includes "responsible sourcing" as one of seven elements in its Corporate Social Responsibility (CSR) program.
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The company also has a "Supplier Code of Conduct and Ethics."
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Luminar is subject to regulations concerning conflict minerals and forced labor, including requirements under the Dodd-Frank Act to determine, disclose, and report on conflict minerals.
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However, no specific quantitative data is provided regarding fair trade certifications, audit frequency, forced or child labor incidents, supply chain traceability, remediation speed, the percentage of supplier contracts with enforceable ethical clauses, the share of spend on high-risk materials, or supplier diversity.
Honest & Fair Business
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Luminar Technologies has a formal whistle-blower policy that includes anonymous reporting procedures via an internal website, a secure web form, and a confidential hotline.
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The policy prohibits retaliation against individuals who report potential violations in good faith, with reports delivered to the company's compliance team.
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However, there is no explicit evidence of independent investigation processes or specific resolution times for these reports. The company also has an anti-corruption policy that states compliance with anti-corruption laws, including the U.S. Foreign Corrupt Practices Act, and requires annual acknowledgment of the code of ethics by officers.
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There is no information on the frequency or effectiveness metrics of anti-corruption training. The company filed a 'NT 10-K' on April 1, 2021, indicating an inability to timely file its Form 10-K, which represents a minor disclosure tweak rather than a formal restatement.
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Kind to Animals
0
Luminar Technologies, Inc. is listed as a company with "No Animal Exploitation."
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Given its core business of developing and selling lidar sensors and perception software, its operations do not involve animal testing, animal-derived products, animal agriculture, or direct impact on wildlife habitats. Therefore, all animal welfare KPIs are assessed as N/A, as these aspects are not relevant to the company's business model.
No War, No Weapons
0
No evidence available to assess Luminar Technologies, Inc. on No War, No Weapons.
Planet-Friendly Business
0
Based on the provided documents, there is insufficient evidence to determine Luminar Technologies' alignment with planet-friendly business practices. While the company has a corporate social responsibility program with an environmental, health, and safety element
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, no specific quantitative data is available regarding emissions, renewable energy usage, water consumption, waste diversion, or other relevant metrics. The company's 2024 annual report
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and other sources
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,
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,
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do not provide enough information to assess its environmental performance. Therefore, a neutral score of 0 is assigned due to the lack of concrete evidence. More information on Luminar's environmental initiatives and performance is needed for a more accurate assessment.
Respect for Cultures & Communities
0
No evidence available to assess Luminar Technologies, Inc. on Respect for Cultures & Communities.
Safe & Smart Tech
-20
Luminar Technologies states that past data incidents were immaterial and incurred no penalties or settlements, indicating no significant breaches.
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The company uses industry-standard encryption measures for traffic and has no documented incidents of unauthorized data use.
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Luminar has a Responsible Security Disclosure Program for vulnerability reporting and conducts regular network and endpoint monitoring, vulnerability assessments, and penetration testing.
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The company retains data for business purposes, as long as the account is active, and as reasonably necessary to provide services.
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Luminar mentions monitoring emerging data protection laws and implementing changes accordingly.
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Cybersecurity training programs for employees, management, and directors are mentioned, including periodic phishing tests.
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Users can request access, correction, deletion, or data portability within 30 days by contacting privacy@luminartech.com.
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Zero Waste & Sustainable Products
0
The provided articles, including Luminar Technologies' Form 10-K reports, investor information, and ESG ratings, do not contain any specific, quantitative data related to Luminar's waste diversion rate, product recyclability, packaging sustainability, recycled content percentage, single-use plastic reduction, take-back programs, circular design principles, waste reduction initiatives, hazardous waste management, product durability, repairability score, waste audit frequency, zero waste certification, waste disposal violations, material efficiency, packaging to product ratio, waste reduction targets, supplier waste requirements, or customer waste education programs.
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General information about automotive industry recycling practices is present in some articles, but this data is not specific to Luminar Technologies, Inc. or its LiDAR products and therefore cannot be used to score the company.
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