MASHINIi

Patrick Industries, Inc..

PATK.US | Non-specialized wholesale trade

Patrick Industries, Inc. is a major manufacturer and distributor of component solutions and building products for the recreational vehicle (RV), manufactured housing (MH), and industrial markets. The company's RV segment provides a wide array of products, including interior and exterior components, ...Show More

Ethical Profile

Mixed.

Patrick Industries, Inc. faces scrutiny over its ethical practices. 13 OSHA workplace safety violations since 2000 totaled $166,201 in penalties. A 2019 cyberattack cost $1.5 million, and a 2017 breach compromised employee W-2 forms. Environmentally, Patrick Industries consumed over 79 million kWh of electricity and 3.5 million therms of natural gas in 2024, using zero renewable energy, and generated 67,620 metric tons of manufacturing waste (66.8% recycled). While a Code of Ethics and whistleblower policy are in place, and approximately 75% of ethical claims are independently verified, comprehensive emissions data remains undisclosed.

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 Weapons0
-100100
Planet-Friendly Business-40
-100100
Respect for Cultures & Communities0
-100100
Safe & Smart Tech0
-100100
Zero Waste & Sustainable Products0
-100100

Better Health for All

0

No specific, concrete evidence was found in the provided articles to assess Patrick Industries, Inc. against the 'Better Health for All' ethical value. The company's core business involves manufacturing and distributing components for recreational vehicles, manufactured housing, and industrial markets, which do not inherently relate to accessible medical treatments, preventative healthcare, or mental and physical wellness programs. The articles do not contain information regarding the health impact of the company's products or services, health-related revenue, user safety records, price accessibility of health products, reach to vulnerable populations, health risk transparency, health innovation investment, health externalities, health equity programs, healthcare workforce support, preventative health measures, healthcare data responsibility, global health crisis response, mental health initiatives, or any other health-related activities.

1
Workplace safety violations, while present in the evidence,
2
are explicitly excluded from this value category as per the rubric's definition.

Fair Money & Economic Opportunity

0

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

Fair Pay & Worker Respect

0

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

Fair Trade & Ethical Sourcing

0

No quantitative data was found in the provided articles for any of the Fair Trade & Ethical Sourcing KPIs. The company's 2024 Sustainability and Responsibility Report explicitly notes the absence of data related to fair trade and ethical sourcing metrics.

1
While the report mentions utilizing a third-party provider for conflict mineral due diligence, it does not provide a specific share of spend on high-risk materials, which is required for scoring the 'materials_risk_index' KPI.
2

Honest & Fair Business

0

The company has a comprehensive whistleblower policy, last updated in January 2025, which applies to all directors, officers, employees, and independent contractors.

1
It includes a dedicated ethics hotline (email and phone), prohibits retaliation, and protects anonymity, with the Audit Committee strictly enforcing this prohibition.
2
The company's recent financial filings, as of February 2026, indicate no corrections of errors to previously issued financial statements or restatements requiring recovery analysis.
3
Nine of the company's twelve board members are independent, representing 75% of the board.
4
The company has an anti-corruption policy that prohibits cash or cash equivalent gifts, sets a $250 gift value threshold requiring supervisor discussion, and addresses conflicts of interest, fair dealing, and insider trading.
5
The company uses a third-party service provider to evaluate supply chain information regarding conflict minerals and is certified to sell Forestry Stewardship Council (FSC) materials at certain manufacturing branches, and its composite wood substrate materials are certified compliant with California Air Resources Board (CARB) emission standards.
6

Kind to Animals

0

The provided articles, including the 2024 and 2023 Sustainability & Responsibility Reports, do not contain any specific data or information regarding Patrick Industries' animal welfare practices, cruelty-free certifications, animal testing policies or volumes, or ethical sourcing of animal-derived materials.

1
The reports explicitly note the absence of animal welfare data, focusing instead on general environmental and employee engagement metrics.
2

No War, No Weapons

0

The provided articles do not contain any specific, concrete data points or information relevant to Patrick Industries, Inc.'s involvement in arms manufacturing, military contracts, conflict facilitation, or any related peace initiatives. Therefore, no KPIs under the 'No War, No Weapons' ethical value can be scored based on the evidence provided.

Planet-Friendly Business

-40

Patrick Industries, Inc. reported that zero percent of its electricity consumed came from renewable sources.

1
The company diverted 66.8% of its total manufacturing waste, with 45,202 metric tons recycled or reused out of 67,620 metric tons generated.
2

Respect for Cultures & Communities

0

The provided articles lack specific quantitative data for all KPIs related to Respect for Cultures & Communities. Article 0, the 2024 Sustainability Report, explicitly states that specific quantitative data on the number of formal partnerships, revenue reinvested locally, or charitable giving to cultural heritage organizations is not provided.

1
While the report mentions community engagement and supporting various organizations, it does not offer the concrete, measurable facts required by the rubric for any KPI, including cultural appropriation incidents, impact assessment protocols, local employment ratios, grievance mechanisms, FPIC processes, community governance inclusion, cultural preservation investment, local procurement, indigenous suppliers, cultural site protection, social license, community fund allocation, language inclusivity, cultural incident response, or cultural training completion.
2

Safe & Smart Tech

0

Patrick Industries has not experienced any data breaches in the past three years, and states it continuously evaluates its cybersecurity environment and identifies action plans to maintain and enhance its secure platform, including external security audits.

1
The company requires team members to complete quarterly modules on data privacy and potential phishing tactics, and training is adaptable based on roles and access to sensitive data.
2
Patrick Industries states it employs industry-standard security measures, including encryption, access controls, and regular security audits, and seeks to use third-party service providers capable of protecting information.
3
The company conducts regular security audits on AI systems and states that personal data will not be used to identify individuals without their consent, unless required by law, and that it does not sell or share personal data with third parties for their own marketing purposes.
4
Users can opt-out of marketing communications and request correction or deletion of their information.
5
The company has programs in place to detect, contain, and respond to data security incidents and states it complies with applicable privacy laws and regulations.
6
The Audit Committee of the Board oversees cybersecurity reports on a quarterly basis.
7
In 2024, the company invested $76 million in property, plant, and equipment, with planned capital expenditures of $75 million to $85 million for 2025, with more than half earmarked for strategic initiatives, which could include technology and automation.
8
The company experienced a data breach on February 3, 2017, where employee W-2 forms from 2016, including Social Security Numbers, were compromised via a scammer impersonating the CEO.
9
In October 2019, the company experienced a sophisticated third-party malware cyberattack that disrupted administrative and network operations for approximately two business days, incurring estimated after-tax costs of $1.5 million.
10

Zero Waste & Sustainable Products

0

No evidence available to assess Patrick Industries, 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.