MASHINIi

Trinity Biotech plc.

TRIB.US | Manufacture of pharmaceuticals, medicinal chemical and botanical products

Trinity Biotech plc is a global diagnostics company focused on developing, manufacturing, and marketing diagnostic products for the clinical laboratory and point-of-care segments. The company's products are used to detect infectious diseases, autoimmune disorders, and other medical conditions. Trini...Show More

Ethical Profile

Mixed.

Trinity Biotech plc holds a mixed ethical rating. While its core business of developing diagnostic products for infectious diseases, diabetes, and autoimmune disorders globally supports better health outcomes, the company faces scrutiny regarding its "Honest & Fair Business" practices. Critics point to the non-disclosure of conflict-free board members, a lack of specific third-party verification for ethical claims, and reports of significant related-party transactions. Information is largely unavailable to assess the company's performance in areas such as fair pay, ethical sourcing, and environmental impact.

Value Scores

Better Health for All0
-100100
Fair Money & Economic Opportunity0
-100100
Fair Pay & Worker Respect0
-100100
Fair Trade & Ethical Sourcing0
-100100
Honest & Fair Business-30
-100100
Kind to Animals0
-100100
No War, No Weapons0
-100100
Planet-Friendly Business0
-100100
Respect for Cultures & Communities0
-100100
Safe & Smart Tech0
-100100
Zero Waste & Sustainable Products-20
-100100

Better Health for All

0

No evidence available to assess Trinity Biotech plc on Better Health for All.

Fair Money & Economic Opportunity

0

Trinity Biotech plc is a diagnostics company that develops, manufactures, and markets medical diagnostic products.

1
Its core business does not involve lending, insuring, moving, or storing money, nor does it offer financial services to consumers or businesses.
2
Therefore, all KPIs related to 'Fair Money & Economic Opportunity' are not applicable to the company's operations. The rubric's '0' tier for each KPI explicitly covers companies whose core business lies outside finance or do not offer relevant financial products or services.

Fair Pay & Worker Respect

0

No specific, quantitative data points were found in the provided articles for any of the KPIs related to Fair Pay & Worker Respect. Information regarding living wage coverage, CEO to median pay ratio, collective bargaining share, safety incident rate, pay equity ratio, worker engagement score, turnover rate, labor violation incidents, insecure contract share, or health insurance coverage was not explicitly stated.

1
While articles mention health and safety policies and a Code of Business and Ethical Conduct, they do not provide the required quantitative metrics such as a Total Recordable Incident Rate (TRIR) or substantiated labor law violation counts.
2
Executive compensation figures are provided, but median employee compensation is not, preventing the calculation of a CEO to median pay ratio.
3

Fair Trade & Ethical Sourcing

0

No evidence available to assess Trinity Biotech plc on Fair Trade & Ethical Sourcing.

Honest & Fair Business

-30

Trinity Biotech plc has a Code of Business and Ethical Conduct that requires staff to report potential violations to a designated senior individual or the Audit Committee Chairman.

1
However, there is no evidence of independent investigation processes, training, or a dedicated hotline. The company reported one financial restatement in 2024 due to a change in the ADS ratio, which also required restating prior year numbers.
2
Audit procedures covered 100% of the group’s revenue and 92% of total assets in 2024, and 100% of revenue and 94.3% of total assets in 2023.
3
The company's Code of Business and Ethical Conduct requires employees to comply with anti-bribery and anti-corruption laws, including FCPA, but details on policy strength, training frequency, or effectiveness metrics are not provided.
4
The company explicitly states that management estimates have not been verified by any independent source, and it has not independently verified any third-party information.
5

Kind to Animals

0

Trinity Biotech plc has a policy requiring all research involving animals to be referred to an Animal Research Ethics Committee, indicating a formal oversight mechanism for animal research activities.

1

No War, No Weapons

0

The provided articles, which include Trinity Biotech plc's annual reports and Form 20-F filings, are primarily focused on financial performance and medical diagnostics operations.

1
For each relevant KPI under the 'No War, No Weapons' ethical value, the articles explicitly state that the information is 'Not applicable' or that 'No specific metrics related to arms contracts, peacebuilding, or conflict divestment are mentioned' because the company is a medical diagnostics company.
2
No article provides specific, concrete data points or explicit statements regarding the company's involvement in arms manufacturing, military contracts, dual-use technologies, sales to embargoed regimes, peacebuilding investments, or any other metrics directly related to the 'No War, No Weapons' value for Trinity Biotech plc.
3
Therefore, no KPIs can be scored based on the evidence provided.

Planet-Friendly Business

0

No evidence available to assess Trinity Biotech plc on Planet-Friendly Business.

Respect for Cultures & Communities

0

Trinity Biotech reported no potential cultural appropriation incidents in 2024.

1
The company's Code of Business and Ethical Conduct outlines a process for staff to report potential violations to a designated senior individual or the Chairman of the Audit Committee.
2

Safe & Smart Tech

0

No evidence available to assess Trinity Biotech plc on Safe & Smart Tech.

Zero Waste & Sustainable Products

-20

Trinity Biotech states it is in material compliance with all environmental legislation, regulations, and rules applicable in each jurisdiction where it operates.

1
The company is committed to reducing waste generation and disposing of all waste through safe and responsible methods, including engaging specialist service providers.
2
It also mentions being prepared to respond appropriately to accidents and emergencies.
3
The company has not reported any waste disposal violations.
4

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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.