Navios Maritime Holdings.
NM.US | Sea and coastal freight water transport
Navios Maritime Holdings Inc. is a global seaborne shipping and logistics company. They own and operate a fleet of dry bulk carriers, transporting iron ore, coal, grain, and other dry commodities worldwide. The company also provides logistics services, including port terminal operations and inland t...Show More
Better Health for All
0
Navios Maritime Holdings Inc. operates in global seaborne shipping and logistics, a sector that does not directly align with the 'Better Health for All' value. This value focuses on accessible medical treatments, preventative healthcare, and mental/physical wellness programs. The provided articles detail a subsidiary's environmental violation (oily waste discharge) and obstruction of an investigation
1
, which falls under environmental pollution control and is explicitly excluded from this value category.
Fair Money & Economic Opportunity
0
Navios Maritime Holdings Inc. is a global seaborne shipping and logistics company. The provided articles detail its financial performance, corporate debt, and operational activities. There is no evidence that the company offers consumer lending, deposit services, or engages in financial inclusion initiatives for underserved populations. Therefore, all KPIs related to 'Fair Money & Economic Opportunity' are not applicable to its business model.
Fair Pay & Worker Respect
0
No specific, concrete data points were found in the provided articles for any of the KPIs related to Fair Pay & Worker Respect. Information regarding living wage coverage, CEO to median pay ratio, collective bargaining share, safety incident rate, pay equity ratio, worker engagement score, turnover rate, labor violation incidents, insecure contract share, or health insurance coverage was not available. Allegations of substandard wages and working conditions from 1960-1961 were noted
1
, but these are not recent substantiated violations. An environmental violation and fine for a subsidiary in 2017 was also noted
2
, but this is not a labor-law or human-rights violation.
Fair Trade & Ethical Sourcing
0
No specific, concrete data points were found in the provided articles for any of the Fair Trade & Ethical Sourcing KPIs. Information regarding fair-trade certification share, audit frequency, forced or child labor incidents, traceability coverage, remediation speed, ethical clause coverage, materials risk index, or supplier diversity spend is not available. While Article 1 mentions a "Code of Ethics" and "supplier code of conduct," no quantitative details on their coverage or enforcement were provided
1
. Additionally, information about "ZIMonitor" and ISO certifications in Article 1 appears to relate to a different entity and is not applicable to Navios Maritime Holdings (NM.US).
Honest & Fair Business
-20
The company has an anti-bribery and anti-corruption policy, which is part of its Code of Corporate Conduct and Ethics.
1
This policy explicitly prohibits employees from authorizing bribes, kickbacks, or similar payments, strictly forbids gifts of cash or cash equivalents, and specifically prohibits gifts to government officials in Greece, the Marshall Islands, or the United States.
2
The company states its compliance with the U.S. Foreign Corrupt Practices Act (FCPA) and the U.K. Bribery Act.
3
The Code, which includes this policy, is distributed to all employees upon employment and annually, with required confirmation of receipt and compliance.
4
Furthermore, the Code outlines a whistleblower policy, allowing employees to report possible violations confidentially and anonymously to the Legal Department, CFO, CEO, or Audit Committee via mail or email.
5
The policy includes a "No Reprisals" clause, stating that employees will not be harmed for reporting suspected violations.
6
Kind to Animals
0
No information regarding Navios Maritime Holdings' practices or policies related to animal welfare, testing, conservation, or ethical sourcing was found in the provided article.
1
No War, No Weapons
0
Navios Maritime Holdings Inc. operates as a global seaborne shipping and logistics company, primarily transporting dry bulk commodities. Its core business does not involve arms manufacturing, military contracts, or the development of dual-use technologies. The provided articles contain no evidence of the company engaging in defense or arms-related activities, nor do they indicate any dual-use products developed or sold. Therefore, board oversight of defense activities is not applicable. No other relevant information was found regarding peacebuilding, conflict divestment, sales to embargoed regimes, or other conflict-related metrics.
Planet-Friendly Business
-40
The company aims to reach net-zero emissions by 2050.
1
No specific quantitative data was found for total Scope 1, 2, and 3 greenhouse gas emissions, nor for SBTi-validated targets. While the company states alignment with IMO's CO2 reduction goals, these are not explicitly SBTi-validated. There is no evidence regarding renewable energy use, water consumption, green building certifications, waste diversion, capital expenditure alignment with EU Taxonomy, lifecycle impact analysis, recycled to virgin material ratio, carbon offset quality, or climate-positive initiatives. Information on supply chain climate transparency, supplier SBTi targets, biodiversity efforts, deforestation policies, environmental compliance violations, environmental impact assessments, TCFD alignment, climate scenario analysis, stranded assets transparency, water sourcing from stressed basins, packaging CO2 reduction, climate justice initiatives, just transition programs, or climate adaptation financing is also not provided.
Respect for Cultures & Communities
0
No specific, concrete data points were found in the provided articles to assess Navios Maritime Holdings (NM.US) against the 'Respect for Cultures & Communities' ethical value. The articles primarily focus on financial announcements, operational capacities, and economic projections, without detailing community engagement, cultural impact assessments, local employment ratios, grievance mechanisms, or other relevant cultural and community-focused metrics. Mentions of projected job creation
1
or general environmental management systems
2
are not directly applicable to the quantitative thresholds of the specified KPIs.
Safe & Smart Tech
0
The company is committed to complying with applicable legal and other requirements.
1
Financial statements filed with the SEC must conform to generally accepted accounting principles and SEC rules and regulations.
2
The company also has a Website Privacy Policy and Job Applicant Privacy Policy.
3
Zero Waste & Sustainable Products
-50
Navimax Corporation, a subsidiary of Navios Maritime Holdings Inc., was fined USD 2 million
1
and placed on four years probation
2
for illegally discharging oily waste at sea in November 2017
3
and obstructing a Coast Guard investigation
4
. The company aims to minimize its plastic consumption by 50% compared to 2018, with a target for 2022.
5