LSI Industries Inc..
LYTS.US | Manufacture of electric lighting equipment
LSI Industries Inc. is a U.S.-based company that designs, manufactures, and markets commercial and industrial lighting and display solutions. Their lighting products include LED-based fixtures and systems for various applications, such as retail, petroleum/convenience stores, quick service restauran...Show More
Better Health for All
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LSI Industries' products, primarily LED lighting, are used in various commercial and industrial settings, including schools and hospitals.
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While these applications can enhance patient safety and comfort, the company's core business does not inherently focus on health outcomes, and there is no evidence to quantify the percentage of its portfolio dedicated to substantial health benefits. Therefore, the net health effect of its principal goods or services is considered neutral. The company reports no product recalls or regulatory violations related to labeling, marketing, or enforcement actions.
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Its 2022 Total Recordable Incident Rate (TRIR) was 2.12, and its Days Away, Restricted, or Transferred (DART) rate was 0.78, both better than the average manufacturing rates.
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For its employees, LSI provides free onsite wellness examinations, including mammography screenings.
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KPIs related to pharmaceutical patents, nutrition and food safety, addiction mitigation, clinical trial ethics, healthcare data responsibility, global health crisis response, mental health initiatives, healthcare workforce support, healthcare education, vulnerable reach, price accessibility, risk transparency, health innovation investment, health externalities, health equity programs, and harmful revenue share are either not applicable or lack specific, quantifiable evidence in the provided articles.
Fair Money & Economic Opportunity
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No evidence available to assess LSI Industries Inc. on Fair Money & Economic Opportunity.
Fair Pay & Worker Respect
-10
LSI Industries receives mixed reviews regarding fair pay and worker respect. Glassdoor reviews give an overall rating of 3.2 out of 5 stars, with 3.8 out of 5 for compensation and benefits, improving 11% over the last 12 months
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. However, Indeed.com reviews show only 2.9 out of 5 stars for pay and benefits
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. Some employees report low pay and limited advancement opportunities
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, while others mention reasonable health insurance for single individuals
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. The CEO pay ratio is 77:1, with a median employee pay of $40,000 in 2024
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. The company's Human Rights Policy exists
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, but there is no available data on living wage coverage, safety incident rates, pay equity, worker engagement, turnover rates, labor violations, insecure contract shares, or health insurance coverage
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. Given the limited positive and negative indicators, a score of -10 is assigned. This reflects the mixed feedback and lack of comprehensive data.
Fair Trade & Ethical Sourcing
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No specific quantitative data was found across the provided articles for any of the KPIs related to Fair Trade & Ethical Sourcing. While the company states commitments to ethical sourcing, prohibiting forced and child labor, and requiring suppliers to adopt socially responsible practices, these are policy statements or general commitments rather than measurable outcomes or specific percentages required by the rubric.
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Information regarding fair trade certification share, audit frequency, substantiated forced/child labor incidents, traceability coverage, remediation speed, ethical clause coverage, materials risk index, or supplier diversity spend is not explicitly provided with quantitative data.
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Honest & Fair Business
-20
LSI Industries Inc. has a whistleblower policy that includes anonymous and confidential reporting procedures, a toll-free hotline, and website submission, with a prohibition against retaliation.
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However, there is no evidence of independent investigation processes. The company's board of directors consists of 86% independent members, aligning with NASDAQ Capital Market and US Securities and Exchange Commission criteria.
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LSI Industries also maintains a Code of Business Ethics and Conduct that addresses anti-corruption, including compliance with the Foreign Corrupt Practices Act (FCPA) and prohibiting bribery and payoffs.
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All salaried employees complete annual training and certification on this code.
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Kind to Animals
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LSI Industries Inc. manufactures commercial and industrial lighting and display solutions. The provided articles indicate that the company's core business operations do not involve animal-derived products, animal testing, animal husbandry, or animal agriculture. Therefore, for most KPIs, the 'Not Applicable' tier is assigned. While LSI offers "Turtle-Friendly Lighting" solutions designed to minimize light pollution and protect sea turtles, the articles do not provide measurable biodiversity impact or species recovery metrics for this initiative, which is required to score the 'wildlife_conservation_impact' KPI.
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Consequently, there is no specific evidence to score this KPI, leading to its omission.
No War, No Weapons
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No evidence available to assess LSI Industries Inc. on No War, No Weapons.
Planet-Friendly Business
-30
The company sources approximately 1.16% of its electricity from a solar installation, based on 170 megawatt-hours annually and 14.58 million kWh total electricity usage.
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Water usage is 118.6 m³ per $1 million in revenue, calculated from 19,676 ccf of water usage and $470 million in revenue.
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For materials, steel sourcing includes 55% recycled metal, and lighting packaging uses 95% recycled material.
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The company states that 10-20% of its operations are located in high water stress areas.
Respect for Cultures & Communities
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LSI Industries has established formal grievance mechanisms, including an anonymous hotline with English and Spanish speaking services, available across its operations.
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The company has also taken actions to protect cultural sites by donating over 200 LED light fixtures to the Tri-State Warbird Museum, a historic WWII aviation museum.
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LSI identifies and consults with indigenous peoples when they may be affected by business activities and seeks to apply Free, Prior and Informed Consent (FPIC) principles, though specific participation rates are not provided.
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The company reports no cultural appropriation incidents.
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LSI reviews job advertisements for neutral language and provides annual ethics training to salaried employees, and diversity, equity, and inclusion training to leaders, but a specific cultural sensitivity training completion rate is not available.
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The company employs approximately 60 employees in Canada, representing 4% of its workforce, with the majority in the United States, but a broader local employment ratio is not provided.
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While LSI supports the Keep Going 25 Foundation, the number of formal partnerships with indigenous or local community groups is limited to one.
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The company donated to the Tri-State Warbird Museum, but the percentage of revenue allocated to cultural heritage organizations is not specified.
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Safe & Smart Tech
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No evidence available to assess LSI Industries Inc. on Safe & Smart Tech.
Zero Waste & Sustainable Products
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No evidence available to assess LSI Industries Inc. on Zero Waste & Sustainable Products.