MASHINIi

Vision Marine Technologies Inc..

VMAR.US | Building of pleasure and sporting boats

Vision Marine Technologies Inc. designs, develops, manufactures, and sells electric powertrain systems and electric boats. The company offers E-Motion, a fully electric powertrain system for boats; and Fantail, a fully electric recreational boat. It serves original equipment manufacturers, as well a...Show More

Ethical Profile

Mixed.

Vision Marine Technologies focuses on electric boats and powertrains, aiming to reduce pollution and carbon footprint in recreational boating. The company partners with 4ocean, reportedly removing 300-500 pounds of trash for each boat or powertrain sold. While one Phantom boat model is allegedly 'fully recyclable' and made from 100% polyethylene plastic, specific data is not available. Critics point to the company's financial struggles, including declining revenues and persistent losses. There is also a reported settlement related to a legal claim with shareholders, though details are lacking, and transparency data on key governance metrics is limited, despite a whistleblower helpline and code of conduct.

Value Scores

Better Health for All0
-100100
Fair Money & Economic Opportunity0
-100100
Fair Pay & Worker Respect0
-100100
Fair Trade & Ethical Sourcing0
-100100
Honest & Fair Business0
-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 Products10
-100100

Better Health for All

0

No evidence available to assess Vision Marine Technologies Inc. on Better Health for All.

Fair Money & Economic Opportunity

0

No evidence available to assess Vision Marine Technologies Inc. on Fair Money & Economic Opportunity.

Fair Pay & Worker Respect

0

No evidence available to assess Vision Marine Technologies Inc. on Fair Pay & Worker Respect.

Fair Trade & Ethical Sourcing

0

No evidence available to assess Vision Marine Technologies Inc. on Fair Trade & Ethical Sourcing.

Honest & Fair Business

0

No specific, concrete data points were found in the provided articles to assess VMAR.US against any of the 'Honest & Fair Business' KPIs. Information regarding regulatory fines, transparency benchmarks, whistleblower policies, financial restatements, audit coverage, ESG controversy scores, complaint resolution times, board conflict-free percentages, anti-corruption policies, or third-party verification was not explicitly stated or quantified for VMAR.US.

1
While independent auditors (M&K CPAs) were ratified, no percentage of audit coverage was provided.
2
A settlement for a legal claim was mentioned, but it was not specified as an ethics-related regulatory fine.
3

Kind to Animals

0

No evidence available to assess Vision Marine Technologies Inc. on Kind to Animals.

No War, No Weapons

0

No evidence available to assess Vision Marine Technologies Inc. on No War, No Weapons.

Planet-Friendly Business

0

No evidence available to assess Vision Marine Technologies Inc. on Planet-Friendly Business.

Respect for Cultures & Communities

0

The provided articles do not contain any specific, concrete data points related to Vision Marine Technologies' respect for cultures and communities. Information regarding community engagement, cultural sensitivity, partnerships, investments in local communities, or any other relevant metrics is explicitly stated as absent across all reviewed documents.

1

Safe & Smart Tech

0

No evidence available to assess Vision Marine Technologies Inc. on Safe & Smart Tech.

Zero Waste & Sustainable Products

10

The Phantom boat is described as fully recyclable rotomolded plastic, capable of being recycled up to nine times over

1
, and is constructed from 100% polyethylene plastic
2
. This indicates a 100% product recyclability for this specific product. The Phantom boat also comes with a lifetime warranty
3
, suggesting a product durability that is 50-60% above industry leaders. Vision Marine has established waste reduction targets through its partnership with 4ocean, committing to remove 500 pounds of plastic and trash for every Phantom boat sold
4
and 300 pounds for every engine or fiberglass boat sold
5
. This constitutes company-wide waste reduction targets with specific quantities per sale. However, the integration of circular design principles is primarily evidenced for the Phantom boat, indicating considerations in some product lines. The partnership with 4ocean, while a significant commitment to ocean cleanup, is a single overarching initiative rather than multiple distinct waste reduction initiatives within the company's own operations.

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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.