MASHINIi

Impinj, Inc..

PI.US | Manufacture of electronic components and boards

Impinj, Inc. is a leading provider of RAIN RFID (Radio Frequency Identification) solutions. The company designs, develops, manufactures, and sells RAIN RFID endpoint ICs, connectivity devices, and software. These products enable businesses to identify, locate, and authenticate items, improving inven...Show More

Ethical Profile

Mixed.

Impinj, Inc. faces scrutiny regarding its ethical profile, particularly concerning data privacy. Critics point to the inherent privacy risks of RAIN RFID technology, citing potential for unauthorized tracking and data collection, despite the company's protected mode for consumer privacy and vulnerability disclosure program. On the positive side, Impinj maintains a formal whistleblower policy and a global anti-corruption policy. Its Supplier Code of Conduct aligns with the Responsible Business Alliance (RBA) standards. The company also highlights environmental efforts, with LEED Gold certified facilities and a Green Lease for its Helsinki location. While quantitative data is limited in several areas, employee reviews suggest a generally positive workplace culture.

Value Scores

Better Health for All0
-100100
Fair Money & Economic Opportunity0
-100100
Fair Pay & Worker Respect0
-100100
Fair Trade & Ethical Sourcing-10
-100100
Honest & Fair Business-60
-100100
Kind to Animals0
-100100
No War, No Weapons0
-100100
Planet-Friendly Business-10
-100100
Respect for Cultures & Communities-20
-100100
Safe & Smart Tech-20
-100100
Zero Waste & Sustainable Products0
-100100

Better Health for All

0

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

Fair Money & Economic Opportunity

0

Impinj, Inc. is a provider of RAIN RFID solutions.

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As such, the company does not offer lending or deposit services to consumers, nor does it have APR or fee structures to evaluate. It does not generate revenue from high-cost financial products or penalty fees. The company does not have dedicated financial inclusion programs for external clients, nor does it manage customer finance data. It is not regulated as a lender and therefore has no fair-lending history. The company's operations do not directly impact customer credit or savings outcomes, nor does it provide debt products to consumers. Impinj does not operate financial service access points or offer financial products requiring disclosure or explanation. While the company offers internal financial education and benefits to its employees,
2
these are not external initiatives for customers or underserved communities in the context of financial services.

Fair Pay & Worker Respect

0

Based on the available evidence, there is insufficient information to accurately assess Impinj's performance regarding Fair Pay & Worker Respect. While executive compensation data is available (

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), there is a lack of data on key metrics such as living wage coverage, pay equity ratio, safety incident rate, and labor violation incidents. The Glassdoor reviews (
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) provide an overall rating of 4.2 out of 5 stars, with 86% of employees recommending the company, but this is qualitative data. The company's careers page and corporate citizenship initiatives do not contain relevant data (
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,
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,
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,
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). Without quantitative data on employee compensation, benefits, and working conditions, a meaningful assessment cannot be made. More data is needed to determine Impinj's alignment with fair pay and worker respect.
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Fair Trade & Ethical Sourcing

-10

Impinj, Inc. does not procure or trade physical commodities typically associated with fair-trade certifications, leading to an N/A score for fair_trade_cert_share.

1
The company requires its suppliers to utilize smelters and refineries that conform to an independent third-party responsible minerals sourcing program by completing the Responsible Minerals Assurance Process (RMAP) template.
2
Impinj performs due diligence and regularly requests conflict minerals reports from subcontractors using the RMI reporting template, and files a Form SD with the SEC.
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This indicates that conflict minerals, which are high-risk, are present in the supply chain and subject to mitigation efforts. Impinj has adopted the Responsible Business Alliance (RBA) Code of Conduct as its Supplier Code of Conduct, which prohibits forced and child labor, and expects its entire supply chain to implement similar human rights commitments.
4
Impinj may ask suppliers for acknowledgment or evidence of compliance, conduct audits, or require self-audit reports, and may ask for remediation plans for noncompliance.
5

Honest & Fair Business

-60

Impinj, Inc. has a formal whistleblower policy, effective January 1, 2022, which allows for anonymous complaints via a third-party service or directly to the Compliance Officer or Audit & Risk Committee, emphasizing confidentiality and protection against retaliation.

1
However, there is no evidence of independent investigation processes, training, or program effectiveness metrics. The company also has a global anti-corruption policy that aims to comply with laws such as the FCPA and UK Bribery Act, outlining potential penalties for violations and the importance of third-party due diligence.
2
However, specific details on the frequency or effectiveness of training, or enforcement records, are not provided. The company completed an ISO 9001:2015 audit for endpoint ICs and was recommended for certification, but there is no evidence of independent verification of ethical claims or compliance beyond this specific product quality certification.
3

Kind to Animals

0

Impinj, Inc. is listed by crueltyfreeinvesting.org as having "No Animal Exploitation" as of 2023.

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The company's core business involves RAIN RFID solutions, including electronic endpoint ICs, connectivity devices, and software. There is no evidence that Impinj's products contain animal-derived ingredients, require animal testing, or involve animal husbandry operations. While Impinj audits its direct suppliers and adheres to the Responsible Business Alliance (RBA) Code of Conduct, there is no specific mention that these audits cover animal welfare compliance.
2
Impinj employees, with company matching, donated over $20,000 for humanitarian aid during floods in southern Brazil and volunteered at local shelters supporting displaced people and pets, but this is not evidence of measurable wildlife conservation impact.
3

No War, No Weapons

0

No evidence available to assess Impinj, Inc. on No War, No Weapons.

Planet-Friendly Business

-10

In 2023, Impinj's total Scope 1 and 2 CO₂e emissions were 348 metric tons, representing a 13.43% decline from 2022.

1
The company's water consumption in 2023 was 874,602 gallons, which translates to approximately 10.76 m³ per $1 million in revenue.
2
Impinj's Seattle headquarters is LEED Gold certified, and its Voyantic headquarters has a Green Lease.
3
The company reported no work-related injuries resulting in lost time or days away from work in 2024 for its US facilities and stated compliance with all federal, state, and local laws and regulations.
4

Respect for Cultures & Communities

-20

Impinj reports no cultural appropriation incidents.

1
The company's operations do not involve activities where Free, Prior and Informed Consent (FPIC) processes are applicable.
2
Impinj's Supplier Code of Conduct requires workers to be provided with written employment agreements in their native language and health and safety training in a language they can understand.
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However, the Human Rights Policy does not explicitly mention language inclusivity for products or communications.
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All executives and employees complete training courses on diversity and inclusion, avoiding bias, and preventing harassment/discrimination, but this is not explicitly defined as cultural sensitivity training.
5

Safe & Smart Tech

-20

Impinj states that all employees and contractors participate in cybersecurity training programs, but details on the comprehensiveness or effectiveness of this training are not provided.

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The company's products include features such as encrypted read/write control for tags and endpoint ICs that may contain a cryptographic key for item authentication.
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Impinj also states it collects only necessary data and has no documented incidents of unauthorized data use.
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However, the company's privacy policy indicates that continued use of its website implies consent to cookie usage, and it uses cookies for various purposes including tailoring messages and understanding site usage.
4
While products offer a 'Protected Mode' requiring a PIN for post-point-of-sale readability and options for tag deactivation at checkout with customer consent, these are specific product features rather than comprehensive user data controls across all services.
5
Impinj has an established vulnerability disclosure program on HackerOne with a stated initial response time of 2 business days, a time to triage of 2 days, and a time to bounty of 7 days.
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The company engages third parties to help design, implement, monitor, and test its cybersecurity safeguards, and states it has incorporated additional features in its products to protect consumer privacy.
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Impinj readers and gateways are certified for operation in more than 40 countries, including the United States and the European Union, demonstrating good regulatory compliance.
8

Zero Waste & Sustainable Products

0

The provided articles discuss Impinj's RAIN RFID technology and its potential to support circular economy principles and sustainability in various industries, such as textile recycling and supply chain efficiency. However, none of the articles provide specific, quantifiable data or metrics regarding Impinj's own waste management, product recyclability, packaging sustainability, recycled content, single-use plastic reduction, take-back programs, circular design implementation, waste reduction initiatives, hazardous waste management, product durability, repairability, waste audit frequency, zero waste certification, waste disposal violations, material efficiency, packaging-to-product ratio, waste reduction targets, supplier waste requirements, or customer waste education.

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Therefore, there is no evidence to score any of the KPIs against the rubric.

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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.