Better Health for All

The company's core business involves fuel cell technology for energy generation and carbon capture, which are not directly related to health products or services.

Therefore, most KPIs under 'Better Health for All' are not applicable. The company's products and services have no significant positive or negative direct health impact. While FuelCell Energy's technology reduces carbon and NOx emissions (170,000 metric tons of CO2 and 428 metric tons of NOx avoided in FY2024), these are environmental benefits and are not explicitly linked to direct health outcomes for surrounding communities in the provided articles, aligning with a neutral score for health externalities. The company's R&D focuses on energy and carbon capture, not on improving health outcomes or accessibility.

Fair Pay & Worker Respect

Based on the available evidence, it is not possible to accurately assess FuelCell Energy's performance regarding Fair Pay & Worker Respect. The Glassdoor article

presents mixed employee reviews, with some praising autonomy and competitive products, while others criticize poor management and communication. However, there are no quantitative metrics on employee compensation, benefits, or working conditions. Articles and are unavailable due to 404 errors. Article from SEC.gov could not be summarized due to my limitations in accessing external websites. Without concrete data on key metrics such as living wage coverage, CEO-to-median pay ratio, safety incident rates, or labor violation incidents, a reliable score cannot be determined. Therefore, the score is set to 0 due to insufficient evidence.

Honest & Fair Business

The company has a comprehensive Whistleblower Policy, open to employees in all countries, offering anonymity, and explicitly prohibiting retaliation.

A third-party vendor is used to ensure complaints are reported directly to the General Counsel and Audit, Finance & Risk Committee for prompt investigation, with hotlines available for USA, Germany, and Korea. The company has had zero financial restatements in the past five years. Over 90% of employees are under the scope of the management system, including all U.S. and German operations. The company has an ESG Risk Rating of 21.3 from Sustainalytics, which is categorized as Medium Risk and places it in the top 15% for controversy scores. The board has 7 out of 8 (88%) independent directors. A robust Anti-Bribery and Corruption Policy is in place, strictly prohibiting all forms of corruption and bribery, with training in the Code of Ethics explicitly including anti-corruption, and 100% completion rate for human rights/anti-corruption training. The sustainability data in the 2024 report, including Scope 1 and 2 greenhouse gas emissions, has been externally assured by an independent Carbon Disclosure Project (CDP) Gold Accredited verifier.

No War, No Weapons

FuelCell Energy, Inc. does not explicitly mention revenue from arms or defense contracts, and its core business is fuel cell technology for power generation.

The company's Business Ethics Policy states that explosives, firearms, or other weapons are not allowed on company property or in its facilities. The company's approach to human rights is informed by the UN Guiding Principles on Business and Human Rights, and these principles are referenced in its policy, with an ethics office monitoring adherence. In fiscal year 2024, 96% of 133 suppliers responded to a conflict minerals inquiry, with 15 procuring at least one conflict mineral, and 5 indicating components may originate in a covered country. The company concluded that the DRC conflict status was undeterminable for a very small portion of its supply chain, with 3TG minerals accounting for less than 0.0003% of total shipment weight. The company achieved a 100% completion rate for training on human rights and anti-corruption. The company's Business Ethics Policy includes a statement that explosives, firearms, or other weapons are not allowed on company property or in any of its facilities, which serves as a codified ethical red line.

Planet-Friendly Business

In 2024, FuelCell Energy reported that 93% of its product materials were recycled or reused at the end of their life.

The company has not reported any environmental compliance violations. FuelCell Energy has set a net-zero target year of 2050, with no interim milestones mentioned. The company has conducted a climate risk assessment and has TCFD alignment planned with initial gap analysis complete. It also performs good scenario analysis for 1.5°C and 2°C pathways, beginning to incorporate it into planning with basic disclosure.

Zero Waste & Sustainable Products

FuelCell Energy diverts 57% of its operational waste from landfills and incineration.

The company designs its energy platforms for circularity, with 93% of product materials by weight capable of being reused or recycled at end-of-life. Their balance of plant components are designed for an operating life of 25 to 30 years. The company operates and maintains all of its plants for the life of the project, decommissioning platforms and then refurbishing, reusing, or recycling most parts. Circular design principles are integrated into product development, prioritizing circularity throughout the entire product life cycle. The company implements a Waste Minimization Program with at least six distinct initiatives, including pollution prevention, waste minimization in management practices, and supplier collaboration. They maintain a cradle-to-grave Waste Management Policy, continuously track waste generation quarterly and annually, and adhere to hazardous waste regulations, regularly checking for material substitutions. FuelCell Energy has company-wide waste reduction targets with timelines and requires suppliers to comply with a Supplier Code of Conduct that includes environmental responsibility. The company has had no waste disposal violations in the past three years.