Perma-Pipe International Holdings, Inc..
PPIH.US | Manufacture of structural metal products
Perma-Pipe International Holdings, Inc. designs, engineers, and manufactures specialized piping systems and leak detection systems. The company operates through three segments: Pre-Insulated Piping Systems, Industrial Piping Systems, and Detection Systems. The Pre-Insulated Piping Systems segment pr...Show More
Better Health for All
0
PPIH.US manufactures specialized piping systems and leak detection systems for industrial applications, including district heating/cooling, oil/gas transmission, chemical, and power facilities.
1
The company's core products do not have a direct positive or negative impact on health, resulting in a neutral score for health impact and harmful revenue share.
2
The company's products are used for environmental protection and leak detection, which can generate positive health externalities by preventing pollution and its associated health impacts.
3
Fair Money & Economic Opportunity
0
No evidence available to assess Perma-Pipe International Holdings, Inc. on Fair Money & Economic Opportunity.
Fair Pay & Worker Respect
0
No specific, quantitative evidence was found across the provided articles for any of the KPIs related to Fair Pay & Worker Respect. While articles mentioned the company offers health benefits, has collective bargaining agreements, and plans employee engagement surveys, they did not provide the required numerical data points such as percentages of employees covered, specific survey scores, or pay ratios.
1
Employee review ratings from third-party sites are qualitative and do not map to the rubric's quantitative KPI definitions. Therefore, no KPIs could be scored against the rubric.
Fair Trade & Ethical Sourcing
0
No evidence available to assess Perma-Pipe International Holdings, Inc. on Fair Trade & Ethical Sourcing.
Honest & Fair Business
-30
The company has a whistleblower policy with a confidential helpline and a non-retaliation policy, with anonymity protected subject to legal restrictions.
1
All employees are required to read and acknowledge the Code of Conduct, which applies to all employees, directors, officers, and contract staff, and requires suppliers to act consistently with it.
2
The Ethics and Compliance Committee (ECC) meets quarterly to assure compliance.
3
The company had one restatement of financials for the six months ended July 31, 2024, due to accounting errors.
4
Additionally, a material weakness in internal control over financial reporting related to inventory management was identified for the fiscal year ended January 31, 2023, though it did not result in material misstatements.
5
The company has a comprehensive Global Anti-Corruption Policy, which includes policies and procedures for conflict of interest, third-party due diligence, international screening, and global anti-corruption, and explicitly prohibits improper payments, bribes, and kickbacks.
6
The Code of Conduct, updated in January 2024, also prohibits improper payments, bribes, and kickbacks.
7
The company's financial statements are audited by Grant Thornton LLP, and PricewaterhouseCoopers LLP was ratified as the independent registered public accounting firm for the fiscal year ending January 31, 2026.
8
Kind to Animals
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No evidence available to assess Perma-Pipe International Holdings, Inc. on Kind to Animals.
No War, No Weapons
0
No evidence available to assess Perma-Pipe International Holdings, Inc. on No War, No Weapons.
Planet-Friendly Business
-40
The company has no specific regulatory actions, violations, fines, or compliance issues mentioned in the provided articles, indicating zero violations.
1
It has a CO2 emission reduction target of 50% from FY2013 levels by 2030.
2
The company reports a financial impact of climate change for 2030 (3.93 billion yen under a 1.5°C scenario) and 2050 (5.621 billion yen), indicating some level of climate scenario analysis and TCFD alignment.
3
However, the extent of TCFD alignment is partial, and the scenario analysis is good but not comprehensive across all pathways. There is also growing disclosure of climate-related assets at risk, with qualitative discussion of transitional risks and a management approach outlined.
Respect for Cultures & Communities
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No evidence available to assess Perma-Pipe International Holdings, Inc. on Respect for Cultures & Communities.
Safe & Smart Tech
0
The company reported no material cybersecurity events as of May 2025 and no documented incidents of unauthorized data use.
1
Perma-Pipe's Code of Conduct states that employee personal data is collected, processed, and used for legitimate business purposes only, and that anonymous or replacement data is used whenever practical.
2
The company's privacy notice, last updated July 2021, outlines user rights regarding their personal data, including access, rectification, objection, erasure, and data portability.
3
Perma-Pipe states it processes personal data to comply with legal obligations and assesses vulnerabilities to make improvements.
4
The company's Code of Conduct, dated May 2024, also includes provisions for data security and privacy, such as using encrypted files and limiting access to personal records to authorized personnel with a clear business need.
5
However, there is no specific information on the extent of encryption implementation, the percentage of services covered by multi-factor authentication, or the scope and frequency of security testing.
Zero Waste & Sustainable Products
0
No evidence available to assess Perma-Pipe International Holdings, Inc. on Zero Waste & Sustainable Products.