MASHINIi

Vishay Precision Group Inc..

VPG.US | Manufacture of measuring, testing, navigating and control equipment

Vishay Precision Group, Inc. (VPG) is a global designer, manufacturer and marketer of sensors, sensor-based systems, and related weighing and control systems. The Company operates through three segments: Foil Technology Products, Force Sensors, and Weighing and Control Systems. The Foil Technology P...Show More

Ethical Profile

Mixed.

Vishay Precision Group (VPG) faces scrutiny over environmental practices, including a $387,000 EPA penalty in 2022 for alleged hazardous waste storage violations at a subsidiary. Reports also indicate a 19% increase in hazardous waste disposal from 2022 to 2023. On worker treatment, critics point to employee concerns about "low pay" on Glassdoor, despite a 49:1 CEO-to-median-employee pay ratio. In ethical sourcing, VPG contacted 100% of 3TG suppliers in 2023 but acknowledges insufficient information to fully determine conflict mineral status. Positively, VPG manufactures sensors for various medical devices, contributing to improved patient outcomes and safety, with no product recalls for potential harm in 2023.

Value Scores

Better Health for All10
-100100
Fair Money & Economic Opportunity0
-100100
Fair Pay & Worker Respect10
-100100
Fair Trade & Ethical Sourcing0
-100100
Honest & Fair Business0
-100100
Kind to Animals0
-100100
No War, No Weapons-40
-100100
Planet-Friendly Business-50
-100100
Respect for Cultures & Communities0
-100100
Safe & Smart Tech0
-100100
Zero Waste & Sustainable Products0
-100100

Better Health for All

10

VPG had no product recalls or regulatory notices for potential harm in 2023.

1
The company's sensors are utilized in medical devices for applications such as medical beds, motion rehabilitation machines, prosthetics, infant incubators, mammography machines, and infusion pumps, which aim to improve patient outcomes, safety, and efficiency, and enable early detection and monitoring of treatment progress.
2
The company's operations do not involve pharmaceutical patents, food or nutritional products, products with addiction potential, or clinical trials.

Fair Money & Economic Opportunity

0

Vishay Precision Group (VPG) is a global designer, manufacturer, and marketer of sensors and related systems.

1
The provided articles consistently describe VPG's operations in manufacturing, social responsibility, and ESG factors, including employee demographics and environmental metrics.
2
,
3
,
4
There is no evidence in any of the articles that VPG operates as a financial institution or offers lending, deposit, insurance, or other consumer financial products or services. Therefore, all Key Performance Indicators (KPIs) under the 'Fair Money & Economic Opportunity' value, which are designed for financial service providers, are not applicable to VPG's business model.

Fair Pay & Worker Respect

10

Vishay Precision Group's CEO median pay ratio in 2024 was 49:1

1
, calculated from the CEO's total compensation of $2,130,225
2
and median employee compensation of $43,284
3
. No regulatory actions, violations, fines, or compliance issues related to labor practices are mentioned across the provided articles
4
.

Fair Trade & Ethical Sourcing

0

Vishay Precision Group (VPG) adopted a Supplier Code of Conduct in 2023, aligning with the UN Global Compact, which details expectations for human rights, labor practices, environmental protection, and anti-corruption.

1
The company annually reviews and updates its Conflict Minerals Compliance Manual.
2
In 2023, VPG contacted 100% of its suppliers for 3TG metals, with 56% providing satisfactory responses.
3
The company reported a 25% reduction in high-risk suppliers from 2022, and a nearly 50% reduction compared to 2021, identifying 38 high-risk suppliers in 2023.
4
However, information from due diligence efforts was insufficient to determine the status of products for 2023 regarding conflict minerals.
5
No specific quantitative data was provided for fair trade certifications, audit frequency, forced or child labor incidents, traceability coverage, remediation speed, ethical clause coverage percentage, share of spend on high-risk materials, or supplier diversity spend.
6

Honest & Fair Business

0

The provided articles do not contain specific quantitative data or concrete facts related to any of the KPIs for the 'Honest & Fair Business' ethical value. Information regarding regulatory fines, transparency benchmarks, whistleblower policies, financial restatements, audit coverage, ESG controversy scores, complaint resolution times, board independence, anti-corruption policies, or third-party verification of ethical claims is not present.

1

Kind to Animals

0

Vishay Precision Group, Inc. (VPG) is a designer, manufacturer, and marketer of sensors, sensor-based systems, and related weighing and control systems.

1
Crueltyfreeinvesting.org lists VPG as a company with 'No Animal Exploitation.'
2
Given the nature of its business, animal testing is not applicable to its operations or products, indicating that no live animals are used or counted in testing.
3

No War, No Weapons

-40

The company states a commitment to engaging suppliers who demonstrate a serious commitment to worker health and safety and operate in compliance with human rights laws.

1
It explicitly states it does not use or condone slave labor or human trafficking and denounces degrading treatment or unsafe working conditions.
2
The company also supports its products being free of conflict minerals
3
and reported a 25% reduction in high-risk suppliers for conflict minerals.
4

Planet-Friendly Business

-50

In 2022, a subsidiary, Vishay Dale Electronics LLC, faced an EPA enforcement action for five distinct violations of the Resource Conservation and Recovery Act (RCRA), including storing hazardous waste beyond 90 days and improper labeling, resulting in a $387,000 civil penalty.

1
The company has not explicitly stated a net-zero carbon target year and has no SBTi-validated targets, only planning to set near-term emission reduction targets in 2024.
2
In 2023, 16% of its total energy consumption was sourced from renewables.
3
The waste diversion rate in 2023 was 49.4%.
4
The water intensity ratio in 2023 was 263 m³ per $1 million revenue.
5

Respect for Cultures & Communities

0

No cultural appropriation incidents were reported in the provided articles. Additionally, there were no reported incidents of disruptions to cultural or heritage sites. The available information primarily details workforce demographics and safety metrics

1
, but lacks specific data regarding community engagement, partnerships, local investment, or cultural impact assessments.

Safe & Smart Tech

0

The company engages in comprehensive security testing, including audits, assessments, threat modeling, penetration, and vulnerability testing, and regularly employs third parties for independent reviews of its information security control environment.

1
It provides regular, mandatory training for its personnel regarding cybersecurity threats.
2
The company deploys technical safeguards such as firewalls, intrusion prevention and detection systems, anti-malware functionality, and access controls.
3
, and evaluates these through vulnerability assessments and cybersecurity threat intelligence.
4

Zero Waste & Sustainable Products

0

The provided articles, including VPG's 2022-2023 Sustainability Report, do not contain specific, quantitative data points for most of the KPIs under Zero Waste & Sustainable Products

1
. Information regarding waste diversion rates, product recyclability, packaging sustainability, recycled content percentage, single-use plastic reduction, take-back program coverage, circular design principles, waste reduction initiatives, product durability, repairability scores, waste audit frequency, zero waste certification, material efficiency, packaging to product ratio, waste reduction targets, supplier waste requirements, and customer waste education is explicitly stated as unavailable
2
. While a $300 cost/penalty for non-compliance was reported for 2023
3
, it is not explicitly linked to waste disposal violations, preventing its use for that specific KPI.

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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.