Fortive Corp.
FTV.US | Manufacture of measuring, testing, navigating and control equipment
Fortive Corporation is a diversified industrial technology company. It designs, develops, manufactures, and markets professional and engineered products, software, and services. The company operates through various segments, including Intelligent Operating Solutions, Precision Technologies, and Adva...Show More
Better Health for All
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Fortive reported a 25.6% reduction in Scope 1 and 2 greenhouse gas emissions since 2019
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, demonstrating substantial efforts to mitigate indirect health impacts from its operations. During the COVID-19 pandemic, the company provided significant support for healthcare workers by using STERRAD systems to decontaminate N95 respirators and producing 10,000 protective face shields per week
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. These initiatives addressed PPE shortages and protected frontline workers.
Fair Money & Economic Opportunity
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Fortive Corporation operates in the industrial technology sector, focusing on engineered products and technology solutions, and does not engage directly in financial services such as lending, banking, or insurance.
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Consequently, all KPIs under the 'Fair Money & Economic Opportunity' value, which are designed to assess financial institutions' practices related to lending, fees, financial inclusion, data accessibility, and wealth building for consumers, are not applicable to Fortive's core business model. While Fortive's supplier diversity program spent $103.3 million in 2024 with diverse U.S. suppliers, this is a procurement initiative and does not align with the rubric's definition of "inclusion initiatives" related to a loan/insurance book.
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Similarly, employee scholarship programs and charitable pledges, while positive, do not constitute "profit reinvestment in community finance" as defined by the rubric.
Fair Pay & Worker Respect
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In the fiscal year ending 2023, Fortive's CEO compensation was 230 times the median employee's pay.
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The company has been certified as a Great Place to Work
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and has achieved a 100% score on the Corporate Equality Index annually since its founding for LGBTQ+ workplace equality.
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Employees report high salaries and adequate benefits, though some express concerns about a toxic culture and "ivory tower" leadership.
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Fortive emphasizes an inclusive growth culture, empowering diverse teams, fostering belonging, and investing in leadership learning and skill-building, including deploying senior leadership programs and expanding Employee and Friends Resource Groups.
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A former employee alleged termination without cause and unpaid benefits.
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Separately, a case alleging sexual harassment and retaliation was dismissed due to insufficient evidence.
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Fortive enforces fair labor across its supply chain through a Supplier Code of Conduct
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and conducts annual responsible sourcing reviews assessing fair competition, labor rights, and safety.
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Fair Trade & Ethical Sourcing
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Fortive has implemented a Supplier Code of Conduct guiding suppliers on ethical standards, human rights, and fair labor
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. In 2023, over 200 direct material suppliers were assessed and received positive ratings
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. The company enforces a Conflict Minerals Policy, ensuring suppliers source only from conflict-free smelters
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. Fortive spent $103.3 million with certified diverse suppliers in 2024
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. However, the provided articles do not contain specific quantitative data points such as percentages of spend covered by fair-trade certifications, average audit frequencies, number of substantiated labor incidents, or the percentage of the total procurement budget directed to diverse suppliers, which are required to score the KPIs.
Honest & Fair Business
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In 2023, Fortive Corporation experienced a data breach that compromised sensitive information of over 237,000 employees and customers, leading to investigations and a proposed class action lawsuit
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. The company maintains a confidential channel, SpeakUp!, for employees and partners to report issues
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. Fortive also has a comprehensive Code of Conduct, available in 22 languages and signed by every employee
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, and a Supplier Code of Conduct that emphasizes compliance with anti-corruption laws, including the U.S. Foreign Corrupt Practices Act and the UK Bribery Act
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.
Kind to Animals
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Fortive Corporation operates within the Scientific & Technical Instruments industry and does not directly engage in activities related to animal welfare, such as animal testing or exploitation.
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The provided articles do not contain specific, concrete data points for any of the 'Kind to Animals' KPIs, including cruelty-free certifications, alternative testing methods, humane certifications for operations, measurable wildlife conservation impact, ethical input substitution percentages, animal welfare supplier audits, cage-free sourcing, animal testing policies or volumes, R&D investment in animal-free technologies, animal agriculture ethics, animal-free R&D collaboration, or public policy engagement on animal welfare. Therefore, all KPIs are omitted due to a lack of relevant evidence.
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No War, No Weapons
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Fortive's subsidiary, Fluke Electronics, secured an $18.2 million contract from the U.S. Defense Health Agency for military healthcare support.
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Another subsidiary, PacSci EMC, specializes in energetic materials and devices used in both military and commercial applications.
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There is no evidence of divestment from these defense-related assets. The company's 2024 Annual Report indicates adherence to U.S. export/import control and economic sanctions laws, including the International Traffic in Arms Regulations and the Export Administration Regulations.
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Planet-Friendly Business
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The provided article states that Fortive achieved a 31.0% reduction in absolute Scope 1 and 2 GHG emissions from 2019 levels by 2024
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, and committed to a 10% reduction in water use across major operations by 2029 from 2022 levels
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. However, these are either reduction percentages without the required absolute emission or water usage figures, or future commitments, which do not align with the rubric's requirements for current, absolute metrics. No other specific, quantifiable data points were provided that directly map to the quantitative thresholds of the scoring rubric for any of the other KPIs.
Respect for Cultures & Communities
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No specific, concrete evidence was found in the provided articles to assess Fortive Corp against the defined Key Performance Indicators for 'Respect for Cultures & Communities'. The articles discuss general sustainability efforts, GHG emissions reductions, internal inclusion and diversity initiatives (such as an 82% inclusion and belonging score in 2023
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and recognition for LGBTQ+ equality
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), a supplier diversity program for diverse businesses (minority, woman, veteran-owned)
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, and general community engagement through volunteering (150,000 volunteer hours in 2017
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) and philanthropic donations ($250,000 to Red Cross in 2017
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). However, these do not provide specific data points for KPIs related to formal partnerships with indigenous or local community groups, cultural appropriation incidents, cultural impact assessment protocols, local employment ratios, community-specific grievance mechanisms, FPIC participation, cultural preservation investments, or specific local/indigenous supplier counts or percentages.
Safe & Smart Tech
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Fortive has not experienced material cybersecurity incidents affecting its business.
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The company maintains a comprehensive cybersecurity framework aligned with recognized standards, including NIST and ISO.
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Fortive conducts annual reviews.
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Fortive actively manages third-party risks.
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Fortive provides mandatory cybersecurity training to its employees.
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The company integrates AI across its operations, focusing on ethical considerations.
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Fortive promotes responsible data handling and ethical guidelines for AI.
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Fortive is a UNGC signatory and aligns with ten UN Sustainable Development Goals, supporting technology responsibly.
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Zero Waste & Sustainable Products
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In 2022, Fortive recycled approximately 60% of its total industrial waste.
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