Ascent Solar Technologies, Inc.
ASTI.US | Manufacture of electric motors, generators, transformers and electricity distribution and control apparatus
Ascent Solar Technologies, Inc. is a developer of flexible thin-film solar modules using copper-indium-gallium-selenide (CIGS) technology. These modules are lightweight and flexible, making them suitable for integration into various products and applications, including aerospace, portable power, and...Show More
Better Health for All
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Ascent Solar Technologies develops flexible thin-film solar modules for applications in aerospace, portable power, building-integrated photovoltaics, agriculture, and defense.
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The provided articles do not contain any evidence of the company's products or operations having a direct positive or negative impact on health outcomes. There is no information indicating engagement in health-related initiatives, programs, or data management. Therefore, all KPIs related to 'Better Health for All' are scored as 'Not applicable' or 'neutral' based on the rubric's definitions, due to a lack of direct relevance or specific evidence.
Fair Money & Economic Opportunity
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No evidence available to assess Ascent Solar Technologies, Inc on Fair Money & Economic Opportunity.
Fair Pay & Worker Respect
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As of January 2021, none of the company's employees are members of a union, and the company is not a party to any collective bargaining agreements.
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Employee reviews on Glassdoor indicate an overall employee rating of 2.4 out of 5 stars, which is significantly below the manufacturing industry average of 3.7 stars.
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Only 28% of employees would recommend working at Ascent Solar.
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Voluntary employee turnover is reported at 70% annually.
Fair Trade & Ethical Sourcing
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The provided Code of Conduct for Ascent Solar Technologies, Inc. outlines the company's commitment to ethical conduct and compliance with laws.
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However, it does not contain any quantitative data or specific details regarding fair trade and ethical sourcing practices, such as fair-trade certifications, audit frequencies, incidents of forced or child labor, supply chain traceability, remediation speeds, ethical clause coverage in supplier contracts, materials risk index, or supplier diversity spend.
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Honest & Fair Business
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Ascent Solar Technologies, Inc. has a comprehensive anti-corruption policy that explicitly states compliance with the Foreign Corrupt Practices Act of 1977
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and prohibits unauthorized payments, bribes, and kickbacks
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. All directors, officers, and employees are required to provide an annual Code of Conduct Certification
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. The company also has a formal whistleblower policy allowing anonymous submissions through multiple channels, including a 24/7 telephone hotline and an online form
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. An Investigation Workgroup is established to investigate complaints and devise an action plan within up to 60 days
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. Employees are protected from retaliation for good-faith reporting, as specified in Section 806 of the Sarbanes-Oxley Act of 2002
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.
Kind to Animals
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Ascent Solar Technologies Inc. is listed as having "No Animal Exploitation."
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This indicates that the company does not engage in animal testing, use animal-derived ingredients, or operate animal agriculture facilities. Therefore, KPIs related to cruelty-free certification, alternative testing methods, humane operations, ethical input substitution, supplier audits for animal welfare, cage-free sourcing, animal testing policies and volume, innovation investment in animal-free alternatives, animal agriculture ethics, and animal-free R&D collaboration are not applicable to its business model.
No War, No Weapons
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No evidence available to assess Ascent Solar Technologies, Inc on No War, No Weapons.
Planet-Friendly Business
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Ascent Solar Technologies, Inc. was subject to a settlement agreement, effective June 9, 2017, for a Proposition 65 violation.
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The company failed to warn consumers about DEHP in specific earbud products.
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As a result, Ascent paid a civil penalty of $3,000 and reimbursed $20,000 in attorney's fees.
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The company also committed to reformulating the products to ensure DEHP concentration was less than 0.1 percent.
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Respect for Cultures & Communities
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No evidence available to assess Ascent Solar Technologies, Inc on Respect for Cultures & Communities.
Safe & Smart Tech
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The company's privacy policy, last updated in November 2017, states that sensitive information, such as credit card data, is encrypted during transmission.
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It also indicates that only the minimum necessary data is collected.
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Users are provided with options to opt-out of future communications and can request access, modification, or deletion of their data.
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Zero Waste & Sustainable Products
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No specific, quantitative data or concrete actions related to waste diversion, product recyclability, packaging sustainability, recycled content, single-use plastic reduction, take-back programs, circular design, waste reduction initiatives, hazardous waste management, product durability, repairability, waste audits, zero waste certifications, waste disposal violations, material efficiency, packaging-to-product ratio, waste reduction targets, supplier waste requirements, or customer waste education were found in the provided articles for Ascent Solar Technologies, Inc.
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