Valhi Inc..
VHI.US | Activities of holding companies
Valhi, Inc. is a holding company that operates through various segments including Component Products, Chemicals, and Real Estate Management and Development. The Component Products segment manufactures engineered products. The Chemicals segment produces titanium dioxide pigments. The Real Estate Mana...Show More
Better Health for All
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Valhi's subsidiary, KRONOS, demonstrates industry-leading risk transparency, earning an EcoVadis Gold Medal in 2024, placing it in the top 2% of thousands of similar companies.
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KRONOS provides customers with access to LCI assessment results and product stewardship information
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, and Valhi maintains a confidential compliance reporting line for employees.
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However, KRONOS reported an increase in environmental incidents, with 11 in 2024, up from 6 in 2023 and 7 in 2022
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, indicating moderate health-harming externalities despite efforts to repurpose raw materials into environmentally beneficial products.
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Valhi's core products, such as titanium dioxide used in pharmaceuticals and cosmetics
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, and waste disposal services
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, are managed with a focus on safety and regulatory compliance
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, indicating a neutral direct health impact. The company's operations do not involve health-related patents, food products, addiction potential, or clinical trials, nor does it collect health-related data
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, making these KPIs not applicable.
Fair Money & Economic Opportunity
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Valhi Inc. is a holding company operating in chemicals, component products, and real estate management and development
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. The company does not offer lending, insurance, or deposit services to consumers, nor does it provide consumer credit products or operate financial service access points. Therefore, KPIs related to consumer financial services, financial inclusion, customer debt burden, or financial product transparency are not applicable to its business model. There is no evidence of the company engaging in community finance reinvestment or financial literacy initiatives.
Fair Pay & Worker Respect
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Valhi Inc.'s CEO to median employee pay ratio was 27:1 in the 2024 fiscal year.
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The CEO, Michael S. Simmons, received $2,495,000 in total compensation, while the median employee earned $93,695.
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Fair Trade & Ethical Sourcing
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KRONOS, a global titanium dioxide producer and a segment of Valhi Inc., reported an 81% supplier adherence rate to its Supplier Code of Conduct in its 2023 ESG report, covering performance for 2021 and 2022.
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Honest & Fair Business
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Valhi Inc. revised its financial statements in June 2024, representing one restatement in the past year.
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The company has a Code of Business Conduct and Ethics, amended March 2, 2023, which applies to all directors, officers, and employees, addressing conflicts of interest and compliance with laws.
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However, the policy lacks specific guidance on anti-corruption elements such as facilitation payments or gift thresholds. A formal whistleblower policy is in place, allowing anonymous submission of concerns regarding accounting, internal controls, auditing, and ethics violations via a third-party compliance reporting line (NAVEX Global's EthicsPoint).
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The policy prohibits retaliation and includes procedures for receiving, investigating, and retaining records for seven years.
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Kind to Animals
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Valhi Inc. states that it conducts no animal testing.
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This means zero animals are used in testing annually.
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This implies a comprehensive no-testing policy. As the company does not conduct animal testing, the extent to which non-animal testing methods are employed for product safety and efficacy is not applicable.
No War, No Weapons
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Valhi Inc.'s subsidiary, Waste Control Specialists LLC, operates a low-level radioactive waste disposal facility.
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The waste disposed of at this site does not include spent fuel from nuclear generators or uranium or plutonium from inside nuclear weapons.
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This indicates a codified ethical red line and zero exposure to these specific controversial materials.
Planet-Friendly Business
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Valhi Inc. sourced 22% of its operational energy consumption from renewables.
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The company achieved a waste diversion rate of 68% from landfill.
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In 2020, a subsidiary, Louisiana Pigment Company, LP, received one environmental violation with a penalty of $46,950.
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Respect for Cultures & Communities
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The provided articles, which are financial reports and a company website summary, do not contain any data relevant to Valhi Inc.'s respect for cultures and communities. There is no information regarding formal partnerships, community investment, cultural incidents, impact assessments, employment ratios, grievance mechanisms, FPIC processes, community governance, cultural preservation, local procurement, indigenous suppliers, cultural site protection, social license, charitable giving, community fund allocation, language inclusivity, cultural incident response, or cultural sensitivity training.
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Safe & Smart Tech
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Valhi Inc. has not experienced any major data breaches in the past two years, though minor attempts like malware and virus infiltrations have occurred.
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The company requires all employees to complete cybersecurity training at least once a year.
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,
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,
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with additional role-based, specialized training for certain positions.
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,
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,
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No material unauthorized data use incidents have been reported.
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Cybersecurity risks are reviewed and tested annually through third-party assessments, internal and external IT audits, penetration testing, and red team testing.
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The company states it complies with data privacy and security laws.
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Zero Waste & Sustainable Products
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Valhi Inc. achieved a waste recycling rate of 68%.
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The company has implemented three waste reduction initiatives, which include Emissions Reduction, Waste Management, and Energy Efficiency Programs.
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