MASHINIi

UFP Industries, Inc..

UFPI.US | Sawmilling and planing of wood

UFP Industries, Inc. is a holding company with subsidiaries that design, manufacture, and market a wide range of wood and alternative products. These products are primarily used in construction, industrial, and retail applications. The company operates through three segments: UFP Retail Solutions, U...Show More

Ethical Profile

Mixed.

UFP Industries has faced over $1.3 million in total financial penalties since 2000, including $69,120 for environment-related offenses and significant safety/employment violations. The company reports Scope 1 and 2 emissions at approximately 179,069 mtons CO2e in 2023, but Scope 3 data is not disclosed. Positively, Deckorators composite decking uses up to 95% reclaimed/recycled materials, and over 25,000 tons of wood dust are recycled annually. However, 95,684 tons of non-hazardous waste were disposed of in 2023. UFPI maintains a Bribery and Anti-Corruption Policy and a whistleblower policy, with 8 of 9 board members described as independent. Some vendors hold FSC/SFI certifications.

Value Scores

Better Health for All-20
-100100
Fair Money & Economic Opportunity0
-100100
Fair Pay & Worker Respect10
-100100
Fair Trade & Ethical Sourcing0
-100100
Honest & Fair Business-10
-100100
Kind to Animals50
-100100
No War, No Weapons-20
-100100
Planet-Friendly Business-70
-100100
Respect for Cultures & Communities0
-100100
Safe & Smart Tech-10
-100100
Zero Waste & Sustainable Products-20
-100100

Better Health for All

-20

The company's core products, which are wood and alternative products for construction, industrial, and retail applications, are considered to have no significant direct positive or negative health impact.

1
The company's operations generated approximately 179,069,000 kg CO2e in total carbon emissions in 2023, and it is not participating in any tracked carbon reduction initiatives.
2
However, the company does engage in some environmental protection efforts, including recycling over 25,000 tons of wood dust annually and using 100% post-industrial recycled wood and 50% post-consumer/post-industrial recycled plastic in its wood-plastic composite decking.
3

Fair Money & Economic Opportunity

0

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

Fair Pay & Worker Respect

10

In fiscal year 2024, the CEO-to-median employee pay ratio was 111:1, with the CEO earning $5,948,997 and the median employee earning $53,356.

1
The company's Total Recordable Incident Rate (TRIR) for U.S.-based plants was 0.76 in 2024, down from 0.96 in 2023 and 1.63 in 2022, with zero fatalities reported from 2019 to 2024.
2
However, UFP Industries has incurred a total of $1,353,680 in penalties since 2000 across 75 records.
3
This includes $909,177 for 63 workplace safety or health violations, $215,000 for one employment discrimination case in 2023, and $143,812 for three labor relations violations.
4
All full-time team members are eligible for health, dental, and vision insurance.
5

Fair Trade & Ethical Sourcing

0

No evidence available to assess UFP Industries, Inc. on Fair Trade & Ethical Sourcing.

Honest & Fair Business

-10

UFP Industries demonstrates some commitment to honest and fair business practices, but lacks comprehensive data for a thorough evaluation. The company has a Bribery and Anti-Corruption Policy and a whistleblower policy (Open Door/Whistleblower)

1
. 8 of 9 board members are described as independent
2
. However, there is no specific data on regulatory fines, transparency index, financial restatements, audit coverage, ESG controversy index, complaint resolution time, or third-party verification
3
,
4
. The company has FSC and SFI certifications for some vendors and Environmentally Preferable Product certification for some products
5
. Given the limited data, a conservative score is appropriate. The company has no fines in the past three years but occasional warning letters issued
6
. **Assessment Limitations**: The absence of quantitative data and industry benchmarks limits the ability to assess UFPI's performance relative to peers.

Kind to Animals

50

UFP Industries explicitly states that it conducts no animal testing.

1
This indicates a complete absence of animal testing, which aligns with the highest tier for animal testing volume. Given that no animal testing is conducted, the company falls into the N/A category for alternative testing usage, as there are no in-house or contracted animal testing operations requiring alternatives. The company's practice of having no animal testing also reflects a global corporate ban on all animal testing across every product category, aligning with the highest tier for animal testing policy.
2

No War, No Weapons

-20

UFP Industries has not reported lobbying the federal government during the 2024 election cycle, with $0 lobbying expenditures in both 2024 and 2023.

1
The company supports responsible sourcing practices, including compliance with the Conflict Mineral provision of the Dodd-Frank Act, and expects all suppliers to conduct proper due diligence to enable compliance with conflict minerals laws.
2
At least 95% of panels and 85% of lumber from vendors are third-party certified.
3
UFP expects suppliers to treat all employees with respect and dignity, prohibiting physical abuse, threats of violence, discrimination, and involuntary labor.
4
The company states support for a cooperative commitment to human rights and alignment with global sustainable development goals.
5
The UFP Executive Committee reviews the Supplier Code of Conduct at least annually, and the leadership team conducts annual plant reviews to ensure policy compliance.
6
The company maintains a Code of Business Conduct and Ethics, a Code of Ethics for Senior Financial Officers, and a supplier code of conduct.
7

Planet-Friendly Business

-70

The company has not disclosed any SBTi-validated carbon reduction targets.

1
Approximately 13% of the company's energy usage is sourced from a grid-tied solar electric system.
2
Over 500 tons of waste material are diverted from landfills annually for recycling.
3
Deckorators composite decking uses up to 95% reclaimed and recycled materials.
4
The company achieved a 50 metric ton reduction in carbon emissions from packaging in 2023 by using recycled materials.
5
Between 2000 and the present, the company has incurred $69,120 in penalties across 6 environment-related offenses, including 4 environmental violations totaling $49,660 and 1 hazardous waste violation totaling $11,060.
6
The company's sustainability report states alignment with SASB and TCFD, but specific TCFD disclosures are not detailed.

Respect for Cultures & Communities

0

No evidence available to assess UFP Industries, Inc. on Respect for Cultures & Communities.

Safe & Smart Tech

-10

The company requires cybersecurity training for all employees with system access and GDPR training for all office hourly, salaried, and executive employees in the U.S., Canada, and EU.

1
It conducts increased education and testing for social engineering scams, with disciplinary steps for employees who fail phishing tests.
2
In 2023, employees underwent a cumulative 68,016 training hours.
3
The company uses pseudonymization and encryption of personal data where appropriate and aligns its cybersecurity program with industry-recognized frameworks like NIST Cybersecurity Framework and CIS Top 18 Security Controls.
4
It conducts regular vulnerability assessments and penetration testing, and uses a vulnerability management solution to prioritize patches.
5
The company states it collects only necessary personal information, but retains it as long as necessary to provide services, while an account is open, and in accordance with its data retention schedule, which may be longer for legal or reporting obligations.
6
It also states it does not collect Sensitive Personal Information.
7
The company's privacy statement is intended to comply with U.S. and international data protection laws, including GDPR, CCPA, CPRA, and regulations in Nevada, Virginia, Colorado, Connecticut, and Utah.
8
However, the company may sell or share personal information to third parties, and its products and services are not intended for those under 18.
9
Users have rights to opt-out of marketing communications and direct the company not to sell their personal information, but the level of control is limited.
10

Zero Waste & Sustainable Products

-20

UFP Industries recycled over 25,000 tons of wood dust in 2023, contributing to a waste diversion rate of approximately 20.7% from non-hazardous waste.

1
Deckorators Traditional composite decking contains 95% recycled content, with 100% of its wood fiber from post-industrial waste and 50% of its plastic from post-consumer/post-industrial recycled sources.
2
The company's waste reduction initiatives include sourcing models that maximize the use of canted logs and convert unusable parts into recycled or upcycled materials.
3
UFP Industries' pressure-treating facilities operate as closed-loop systems with zero wastewater discharge, and its ProWood® lumber treatment process is Environmentally Preferable Product certified.
4
Deckorators products offer extended warranties, including a 25-year structural, stain & fade, removal & replacement limited warranty for wood-plastic composite and a 50-year structural warranty for mineral-based composite.
5
The company has not reported any waste disposal violations in the past three years.
6
UFP Industries has company-wide waste reduction targets, and its Supplier Code of Conduct includes waste management requirements for suppliers.
7

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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.