MASHINIi

NETGEAR, Inc..

NTGR.US | Manufacture of communication equipment

NETGEAR, Inc. is a global networking company that delivers innovative products to consumers, businesses, and service providers. The company's offerings include a variety of wired and wireless networking solutions for home and business use. These products encompass WiFi routers, mesh WiFi systems, ca...Show More

Ethical Profile

Mixed.

NETGEAR, Inc. receives a mixed ethical rating. While its San Jose HQ shows progress, with 50% renewable energy and 80% carbon-free power in FY21, and significant reductions in electricity (18%) and water (80%) consumption since 2013, broader environmental strategies are needed. Critics point to a lack of specific SBTi targets and detailed Scope 3 emission breakdowns. The company's global supply chain, which includes 70-80% verified deforestation policy implementation, faces potential risks regarding fair labor, ethical sourcing, and conflict minerals, with reports suggesting a need for greater transparency. Public disclosures on waste reduction and recycling program effectiveness are also less extensive compared to peers.

Value Scores

Better Health for All0
-100100
Fair Money & Economic Opportunity0
-100100
Fair Pay & Worker Respect0
-100100
Fair Trade & Ethical Sourcing0
-100100
Honest & Fair Business0
-100100
Kind to Animals0
-100100
No War, No Weapons20
-100100
Planet-Friendly Business-30
-100100
Respect for Cultures & Communities0
-100100
Safe & Smart Tech0
-100100
Zero Waste & Sustainable Products0
-100100

Better Health for All

0

No evidence available to assess NETGEAR, Inc. on Better Health for All.

Fair Money & Economic Opportunity

0

No evidence available to assess NETGEAR, Inc. on Fair Money & Economic Opportunity.

Fair Pay & Worker Respect

0

No evidence available to assess NETGEAR, Inc. on Fair Pay & Worker Respect.

Fair Trade & Ethical Sourcing

0

No evidence available to assess NETGEAR, Inc. on Fair Trade & Ethical Sourcing.

Honest & Fair Business

0

No evidence available to assess NETGEAR, Inc. on Honest & Fair Business.

Kind to Animals

0

No evidence available to assess NETGEAR, Inc. on Kind to Animals.

No War, No Weapons

20

NETGEAR achieved a 100% response rate from its Tier 1 suppliers regarding conflict minerals reporting in both 2022 and 2023.

1
The company's due diligence measures for 3TG minerals (tin, tungsten, tantalum, and gold) are designed to conform with the OECD Guidance, and it utilizes tools from the Responsible Minerals Initiative (RMI).
2
Additionally, in 2023, 100% of NETGEAR employees and Board members, and over 96% of key suppliers, signed the Code of Ethics certification.
3
In 2022, 100% of employees and Board members and over 80% of key suppliers signed the Code of Ethics certification.
4

Planet-Friendly Business

-30

NETGEAR's total Scope 1, 2, and 3 emissions for FY23 were 781,819 tCO₂e, representing an average annual decline of 47.4% from FY21.

1
Over 90% of global facilities transitioned to 100% renewable electricity in FY23, with the San Jose headquarters achieving 100% renewable electricity as of August 2022.
2
The company has a net-zero target year of 2025 for operational Scope 1 and 2 emissions.
3
NETGEAR is aligned with the Task Force on Climate-Related Financial Disclosures (TCFD) and has conducted a comprehensive assessment to evaluate its resilience to future climate scenarios.
4
For packaging, the company has a goal to use 20% Post-Consumer Waste (PCW) for product packaging and 60% PCW for master cartons by 2025, and aims to reduce single-use plastics in packaging by up to 25%.
5
A new line of wireless access points contains approximately 60% recycled material content of the entire product weight.
6
In its supply chain, 77.8% of suppliers have calculated their carbon footprint, and 86% of suppliers have set targets for reducing their emissions.
7
NETGEAR is involved in the Doe Mountain Forestry Project in the United States, which reduces CO2 emissions by an estimated 38,000 metric tons per year.
8

Respect for Cultures & Communities

0

No evidence available to assess NETGEAR, Inc. on Respect for Cultures & Communities.

Safe & Smart Tech

0

No evidence available to assess NETGEAR, Inc. on Safe & Smart Tech.

Zero Waste & Sustainable Products

0

No evidence available to assess NETGEAR, Inc. on Zero Waste & Sustainable Products.

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AI-generated analysis based on publicly available data. Not financial advice. Ratings are expressions of opinion derived from automated models and may contain inaccuracies. See our Risk Disclosure for full details.