Origin Materials, Inc..
ORGN.US | Manufacture of basic chemicals
Origin Materials, Inc. is a carbon negative materials company. It develops and produces sustainable materials from biomass feedstocks, specifically targeting the replacement of petroleum-based materials. The company's primary product is chloromethylfurfural (CMF), a platform chemical that can be use...Show More
Better Health for All
-20
Origin Materials' primary product, CMF, is explicitly labeled as harmful if swallowed, causes serious eye damage, and is suspected of causing cancer.
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While the company develops sustainable packaging for pharmaceuticals and food/beverage, and its materials are used in recyclable PET, the core chemical itself carries significant direct health risks. The company provides an MSDS/SDS for CMF, which includes precautionary statements and information for safe handling, demonstrating excellent risk disclosures.
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The company's operations aim to replace petroleum-based carbon with atmospheric CO2 and use non-food plant-based feedstocks, which are environmental benefits.
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However, the core chemical CMF has health-harming externalities. The company's products are used in food and beverage packaging, and ocean polymers are processed into FDA and food-grade formats, but there is no evidence of specific nutritional quality or food safety initiatives.
4
The company is subject to data privacy and security regulations, but there is no specific evidence of health data management.
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The company provides information for safe handling and use of its chemical, requiring appropriate professional training for users, but this does not constitute broader healthcare workforce support.
6
Fair Money & Economic Opportunity
0
Origin Materials, Inc. is a materials company focused on sustainable products, not a financial institution.
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The company does not offer lending, deposit, or other consumer financial services.
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Therefore, all KPIs related to financial services, such as customer segments, pricing, fees, lending compliance, wealth building, debt burden, geographic inclusion for financial services, and product simplicity for financial products, are not applicable. While the company's mission is to enable the world's transition to sustainable materials,
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this does not directly translate to financial wealth-building outcomes for customers or specific financial inclusion initiatives.
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There is no evidence of profit reinvestment in community finance or profit-sharing with underserved communities,
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nor are there financial literacy programs in the context of financial services.
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Fair Pay & Worker Respect
0
The provided articles, primarily Glassdoor reviews, offer qualitative insights into employee sentiment, noting concerns about compensation, management, communication, and company stability, including layoffs.
1
However, they explicitly state a lack of quantitative data for all specific metrics required by the rubric, such as living wage coverage, CEO-to-median-employee pay ratio, collective bargaining share, safety incident rate, pay equity ratio, worker engagement score, turnover rate, labor violation incidents, insecure contract share, and health insurance coverage.
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Therefore, no KPIs can be scored based on the provided evidence.
Fair Trade & Ethical Sourcing
0
No evidence available to assess Origin Materials, Inc. on Fair Trade & Ethical Sourcing.
Honest & Fair Business
0
No evidence available to assess Origin Materials, Inc. on Honest & Fair Business.
Kind to Animals
0
No specific, concrete data points were found in the provided article to assess Origin Materials, Inc. against the 'Kind to Animals' ethical value. The article mentions the company's technology uses non-food biomass such as sustainable wood residues and a collaboration with Revlon to develop plant-based packaging.
1
While these facts suggest a focus on non-animal materials, they do not provide explicit evidence for any of the defined KPIs, which require specific information on animal testing, animal-derived ingredients, humane certifications, wildlife conservation impact, or related policies and investments.
No War, No Weapons
0
No evidence available to assess Origin Materials, Inc. on No War, No Weapons.
Planet-Friendly Business
-10
Origin Materials' carbon claims for its products, including PET, CMF, HTC, furfural, and levulinic acid, are substantiated by independent Life Cycle Assessments (LCAs) from Deloitte.
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These LCAs indicate that the products are expected to be carbon-negative at commercial scale, with climate change impacts ranging from -1.2 to -1.7 kg CO2 eq/kg.
2
This suggests that 100% of Origin's carbon claims are assessed, which maps to 40 for 'pct_lifecycle_impact_analysis'.
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The company's PET production process aims for zero or negative carbon emissions, and its patented platform converts biomass into carbon-negative materials, including a collaboration with Ford Motor Company for automotive applications.
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This aligns with 'climate_positive_initiatives' at -20, as it describes multiple carbon-negative facilities or projects. The company uses sustainably managed forests and wood residues as feedstock, and its operations are not connected to forest risk commodities, resulting in a 0 for 'deforestation_policy_implementation'.
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Origin Materials does not expect to produce any hazardous by-products that cannot be safely disposed, and no environmental compliance violations have been reported, leading to a 0 for 'annual_env_compliance_violations'.
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The company has not declared a specific net-zero target year for its operations, only mentioning customers' net-zero pledges, which maps to -90 for 'net_zero_target_year'.
7
Respect for Cultures & Communities
-40
The company has 7 formal partnerships with local community groups and indigenous organizations, including Lifeline Hunter, Goondir Health Services, and Mandana.
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A cultural heritage management protocol is in place, involving Traditional Owners in pre-construction assessments and having Cultural Heritage Officers.
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For local employment, 18 full-time employees were hired across properties, but this is not a proportion of the total workforce.
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Grievance mechanisms are available for community members and landholders to share feedback, and an independent whistleblowing hotline is open to suppliers, but the percentage of operational sites covered is not specified.
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Community members and stakeholders are included in the Eraring Community Forum and an advisory panel for the Eraring Community Investment Fund.
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The company engaged 8 new First Nations suppliers through the Marketplace program, bringing the total to 15.
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Cultural heritage management plans and pre-construction assessments are in place to protect cultural sites.
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The company has a protocol for cultural incident response, where supervisors report violations to the Chief Compliance Officer, who investigates promptly and confidentially, taking appropriate action if a violation is found.
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New employees receive training on the Code of Business Conduct and Ethics, and annual refreshers are conducted, but the completion rate for all employees is not provided.
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Safe & Smart Tech
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Origin Materials' privacy policy, last modified March 21, 2022, indicates that users can set their browser to refuse cookies and opt out of targeted ads from the NAI, which represents industry-standard user privacy controls.
1
The company states it complies with legal processes and government/regulatory requests, aligning with basic regulatory compliance.
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Its 10-K filing details information security processes, including manual processes, automated tools, internal audits, and threat and vulnerability assessments, indicating standard vulnerability management.
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The company also implements network security and access controls, physical security, and asset management, which are typical authentication security measures.
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Security testing is mentioned as part of its processes to detect and remediate vulnerabilities.
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Zero Waste & Sustainable Products
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The provided articles do not contain any specific, concrete data points or metrics for any of the KPIs related to zero waste or sustainable products.