Fair Money & Economic Opportunity

Logitech International S.A. is a technology company that designs, manufactures, and markets computer peripherals and software.

The company does not offer lending, deposit, or other financial services to consumers, nor does it operate as a financial institution. Therefore, the provided evidence does not contain specific, concrete data points relevant to the KPIs under the 'Fair Money & Economic Opportunity' value, which are designed to assess financial services. Consequently, all KPIs for this value are omitted due to a lack of applicable evidence.

Fair Pay & Worker Respect

Logitech's production facility reported a Total Recordable Incident Rate (TRIR) of 0.06 cases per 200,000 hours worked in CY24, with zero fatalities.

For pay equity, the median hourly remuneration gap in Ireland for FY24 was 1% in favor of males, meaning women earned 99% of men's median pay. The company's FY25 employee engagement score was 78% favorable in the Culture Amp Engagement Factor, which is 8 points higher than the industry average. The voluntary employee turnover rate for FY25 was 18% of the average headcount. In terms of labor violations, there were no identified issues related to forced labor, child labor, or mistreatment of workers in third-party Validated Audit Process (VAP) audits or internal audits of the production facility. However, there was one confirmed incident of corruption or bribery in FY25 where an employee was dismissed or disciplined, and five major findings and one minor finding from CY25 VAP audits at the production facility. The percentage of the workforce on temporary contracts in FY25 was 8.2% (395 temporary employees out of 7,148 total employees). Lastly, 98% of regular full-time and part-time employees are offered an Employee Share Purchase Plan (ESPP), and the company provides competitive and consistent benefits packages globally, including medical, savings/retirement, and life insurance.

Fair Trade & Ethical Sourcing

Logitech audits 100% of its major and new suppliers, as well as dispatch agencies, a minimum of once per year against the Responsible Business Alliance (RBA) Code of Conduct.

Third-party Validated Audit Process (VAP) and internal audits over the past three years have not identified any issues related to forced labor, child labor, or mistreatment of workers. For conflict minerals, 99.2% of identified 3TG smelters, 100% of cobalt refiners, and 100% of mica processors in its supply chain met responsible sourcing requirements in 2024. Compliance with the RBA Code and sustainability requirements is a contractual condition for all significant supplier agreements, and suppliers are contractually required to apply the RBA Code to their own supply chain. The company's procurement budget directed to diverse suppliers grew from 2% to 10% in three years.

Honest & Fair Business

Logitech has a formal whistle-blower policy with options for anonymous reporting via email, a third-party service (EthicsPoint), and an Ethics Hotline.

This policy is communicated during new employee orientation, and suppliers are required to have equivalent mechanisms. However, there is no evidence of independent investigation processes. The company also has a comprehensive anti-corruption policy that prohibits bribery, kickbacks, and other corrupt incentives. It includes guidelines for gifts, hospitality, and travel, with limits on value and frequency, and requires pre-approval for gifts to government officials and travel for third parties. The policy emphasizes due diligence for third-party relationships, including background checks on vendors and intermediaries, and the inclusion of standard anti-corruption language in agreements. However, the extent of independent verification of ethical claims is limited to these background checks and contractual language, without broader, systematic verification.

Kind to Animals

The provided articles do not contain specific, quantifiable evidence related to Logitech's performance on animal welfare, animal testing, or animal-derived inputs. There is no information regarding cruelty-free certifications, the use of alternative testing methods, humane certifications for operations, or the percentage of animal-derived ingredients replaced with ethical alternatives.

Similarly, there is no data on supplier audits specifically for animal welfare compliance, cage-free sourcing, animal testing policies or volumes, or investments in animal-free innovation. While Logitech engages in broader sustainability efforts and tree planting initiatives, the evidence does not provide the specific measurable biodiversity impact or financial allocation required by the 'wildlife_conservation_impact' KPI. Therefore, no KPIs can be scored based on the provided rubric and evidence.

Planet-Friendly Business

Logitech reported total Scope 1, 2 (market-based), and 3 GHG emissions of 1,240,382 tCO₂e for CY23.

The company reduced Scope 1 and 2 emissions by 58% since 2019 and Scope 3 emissions by 24% compared to 2021. Logitech has SBTi-validated science-based carbon reduction targets aligned with a 1.5°C Climate Commitment and a 2030 goal to reduce value chain carbon footprint by more than half, with a 2047 net-zero target. As of December 31, 2023, 94% of their electricity is sourced from renewable sources. The company conducts Product Carbon Footprint (PCF) studies for 66% of its products as of FY24. In CY23, 30,845 tonnes of recycled content were used out of 95,116 tonnes of total materials. Logitech used 1,241,758 tCO₂e of verified high-quality certified offsets for residual emissions in CY23. The company surveys 100% of major suppliers annually to assess their electricity footprint and was recognized as a Supplier Engagement Leader by CDP in 2022 and 2023. Logitech partners with ForestNation to plant 31,443 tree seedlings since 2020 and mentions REDD+ projects to avoid deforestation. The company reported zero significant fines, non-monetary sanctions, or incidents of non-compliance with regulations in the last four years. Packaging for the Wave Keys wireless keyboard saw a 37% carbon footprint reduction, and the Casa Pop-Up Desk saw a 34% reduction.

Respect for Cultures & Communities

No information specific to LOGI.US or data relevant to the 'Respect for Cultures & Communities' value could be found in the provided articles.

Therefore, no KPIs can be scored based on the available evidence.

Safe & Smart Tech

Logitech experienced a significant data breach affecting 1 million user records due to a vulnerability in its admin panel.

The company adheres to the EU-U.S., UK Extension, and Swiss-U.S. Data Privacy Framework Principles. Logitech's privacy policy describes user rights to access, rectification, deletion, objection, restriction of processing, and data portability. The company's Data Processing Agreement (DPA) requires compliance with HIPAA, GDPR, CCPA, and other relevant laws. Logitech's Responsible AI Principles state that a Responsible AI Council oversees AI systems, transparency is a cornerstone, and privacy by design principles are implemented. The DPA also requires vendors to notify Logitech within 24 hours of a security breach and to encrypt data in transit and at rest. Vendors must also have policies for handling hardware and media, including secure disposal, and conduct regular security control testing.