Fair Money & Economic Opportunity

Old Dominion Freight Line Inc. operates as a logistics and transportation company, focusing on less-than-truckload (LTL) services.

Its core business does not involve lending, insurance, or other financial services. Consequently, all Key Performance Indicators (KPIs) related to financial products, services, fees, and financial inclusion are not applicable to the company's operations. The provided articles discuss network expansion , rate increases for transportation services , and sustainability efforts , none of which directly pertain to the ethical value of Fair Money & Economic Opportunity as defined for financial institutions.

Fair Pay & Worker Respect

The CEO-to-median employee pay ratio was 163:1 for fiscal year ending 2024.

The total recordable incident rate (TRIR) was 3.5 per 200,000 workhours in 2022. The voluntary employee turnover rate for all employees was 12.31% in 2022. Over 92% of full-time employees were enrolled in one of the company's health insurance plans in 2022, with the company covering eligible employees' premiums.

Fair Trade & Ethical Sourcing

No specific, concrete data points were found in the provided articles to assess Old Dominion Freight Line Inc against the 'Fair Trade & Ethical Sourcing' value's Key Performance Indicators. The articles mention company policies against child labor, forced labor, and human trafficking

, and participation in programs like C-TPAT and Blue Campaign , but do not provide quantitative evidence for supplier certifications, audit frequencies, incident counts in the supply chain, traceability, remediation speed for supplier violations, ethical clause coverage in supplier contracts, high-risk material spend, or supplier diversity spend.

Honest & Fair Business

Old Dominion Freight Line incurred approximately $6.49 million in penalties for employment-related violations in 2024

and $1.36 million in civil penalties for improper hazardous waste management in December 2022. The company's SEC filings indicate no financial restatements or error corrections to previously issued financial statements. A whistleblower policy exists with an anonymized reporting component and a confidential EthicsPoint hotline, and the company prohibits retaliation against employees who report misconduct in good faith. Eight of the eleven Board of Directors members are independent, representing approximately 72.7% of the board, and Board Committees are fully independent. The company has an FCPA-compliant anti-corruption policy with zero tolerance for bribery, strictly prohibiting corrupt arrangements, and requires employees to report suspected violations to a confidential hotline or an FCPA Committee.

Kind to Animals

Old Dominion Freight Line Inc. is a service-oriented less-than-truckload carrier. Its business model does not involve activities such as manufacturing products, animal testing, animal agriculture, or sourcing animal-derived ingredients. Consequently, most animal welfare key performance indicators, including cruelty-free certification, alternative testing usage, humane certifications for operations, ethical input substitution, supplier audits for welfare, cage-free sourcing, animal testing policy and volume, innovation investment in animal-free technologies, animal agriculture ethics, animal-free R&D collaboration, and public policy engagement on animal welfare, are not applicable to its operations. While the company's fleet upgrades and environmental initiatives aim to reduce emissions and indirectly benefit wildlife habitats, and it settled a $1.36 million fine in 2022 for hazardous waste management violations that potentially impacted ecosystems

, no specific, measurable biodiversity impact from dedicated conservation initiatives was reported.

No War, No Weapons

Old Dominion Freight Line (ODFL) operates as a less-than-truckload carrier, focusing on commercial, industrial, and consumer sectors.

The company does not manufacture or supply weapons, arms components, or military goods, actively avoiding direct involvement in the arms industry or military contracts. This operational stance means ODFL derives 0% of its revenue from arms or defense contracts. Given its core business, ODFL has no dual-use technology or portfolio to screen, and no defense assets to divest. The company's operations demonstrate 100% compliance with its ethical stance of avoiding military involvement, effectively codifying a ban on all weapon categories and having no exposure to controversial weapons.

Planet-Friendly Business

Old Dominion Freight Line's total Scope 1, 2, and 3 greenhouse gas emissions were 1,679,973 tCO₂e in 2022.

While Scope 1 emissions per ton mile decreased by approximately 7% from 2020 to 2022, absolute total emissions increased from 2020 to 2022. The company publishes full Scope 1-3 emissions annually, with Scope 1 and 2 GHG Inventory receiving limited assurance verification in 2024. However, the company has no stated science-based carbon reduction targets, and shareholders have requested disclosure on how the company intends to reduce emissions in alignment with Paris Agreement targets. Renewable diesel and biodiesel account for 17% of the company's total fuel supply. In 2022, the company agreed to pay $1.36 million to resolve allegations related to improper hazardous waste management at California facilities.

Respect for Cultures & Communities

Old Dominion Freight Line has over 40 formal partnerships with various community groups, including universities, the American Red Cross, USO, Folds of Honor, United Negro College Fund, Women in Trucking Association, United Way, Salvation Army, Big Brothers Big Sisters, and Toys for Tots.

The company has reported no cultural appropriation incidents. Additionally, Free, Prior, and Informed Consent (FPIC) processes are not applicable to its operations.

Safe & Smart Tech

In 2022, Old Dominion Freight Line allocated $15.6 million to cybersecurity, representing approximately 0.26% of its over $6 billion revenue.

The company settled a lawsuit in December 2024 for violating Illinois' Biometric Information Privacy Act (BIPA). This violation involved collecting fingerprint data without written consent, failing to explain data retention, or providing a public deletion policy. This incident indicates a lack of user control over biometric data and suggests privacy considerations were not adequately integrated into the design of the biometric time clock system. It also represents a failure in regulatory compliance. Additionally, the company's privacy policy, effective January 2024, indicates the collection of a wide range of sensitive personal information, including categories like 'Sex Life or Sexual Orientation Information' and 'Alien Identification Number,' without explicitly detailing the necessity for all collected data or specific retention periods, suggesting limited data minimization practices.

Zero Waste & Sustainable Products

Old Dominion Freight Line has implemented several waste reduction initiatives, including adopting paperless technologies to minimize paper consumption

, establishing recycling programs for coolant and engine oil through a fluids exchange partnership , and recycling truck wash water in select service centers . For hazardous waste, the recycling programs for coolant and engine oil represent an active reduction effort . While the company aims to reduce waste, it has not provided specific, quantitative waste reduction targets with defined timelines, only a general aim to reduce waste and energy consumption .