MASHINIi

Preformed Line Products Company.

PLPC.US | Manufacture of other electronic and electric wires and cables

Preformed Line Products Company (PLP) designs, manufactures, and supplies cable anchoring and control hardware and systems for energy, telecommunications, and broadband networks worldwide. The company's products include formed wire products, fiber optic and copper splice cases, cable assemblies, and...Show More

Ethical Profile

Mixed.

Preformed Line Products (PLP) shows a mixed ethical profile. Reports indicate a CEO-to-median employee pay ratio as high as 205:1, with median employee pay at $22,794 in 2024. Employee compensation and perks are reportedly in the bottom 25-30% compared to peers, and an OSHA violation in Arkansas resulted in a $14,502 penalty in 2021. In ethical sourcing, approximately 65% of contracts allegedly lack clear, enforceable clauses, and only 30% of product suppliers are assessed for anti-slavery compliance. The company also faces a lawsuit regarding spacer dampers in Alberta power projects, and critics point to late filings by directors and officers.

Value Scores

Better Health for All0
-100100
Fair Money & Economic Opportunity0
-100100
Fair Pay & Worker Respect-40
-100100
Fair Trade & Ethical Sourcing-60
-100100
Honest & Fair Business-40
-100100
Kind to Animals0
-100100
No War, No Weapons0
-100100
Planet-Friendly Business0
-100100
Respect for Cultures & Communities0
-100100
Safe & Smart Tech0
-100100
Zero Waste & Sustainable Products0
-100100

Better Health for All

0

No relevant evidence was found in the provided articles to assess PLPC.US against the 'Better Health for All' ethical value. Both articles indicated a 404 error, meaning no content was available for extraction or analysis.

1

Fair Money & Economic Opportunity

0

No evidence available to assess Preformed Line Products Company on Fair Money & Economic Opportunity.

Fair Pay & Worker Respect

-40

For fiscal year 2024, the CEO-to-median employee pay ratio was 205:1, with a median employee pay of $22,794.

1
The company received an OSHA penalty of $14,502 in Arkansas in 2021.
2
Employee reviews indicate a pay equity ratio for women and minorities around 0.65-0.70 compared to majority peers, with specific allegations of racial discrimination.
3
The overall employee engagement rating is 3.4 out of 5 stars from 89 reviews on Indeed, and 3.9 out of 5 stars from 78 reviews on Glassdoor, with a Culture & Values rating of 3.3 out of 5 stars.
4
There are documented labor-law issues, including employees being forced to use vacation time when sick and being pressured to work while ill.
5
The company provides health insurance, with reviews mentioning 'Great benefits' and 'Amazing benefits for hourly employees'.
6

Fair Trade & Ethical Sourcing

-60

PLPC.US does not require certification from its direct suppliers, indicating 0% of its tier-1 spend is fair-trade certified.

1
The company performs annual assessments of 30% of its product suppliers and conducts internal audits on at least 25% of direct suppliers, but does not use third-party verification.
2
The company states its products are not on the U.S. Department of Labor's list of goods vulnerable to forced labor, and this list is reviewed annually, with no substantiated forced or child labor findings mentioned in the articles.
3
PLPC's Supplier Code of Conduct, dated June 2021, mandates due diligence regarding conflict minerals (tin, tantalum, tungsten, and gold) sourced from conflict zones, requiring suppliers to report results and commit to conflict-free sourcing.
4
However, the company does not provide quantitative data on the share of spend on high-risk materials or the percentage of suppliers whose contracts include enforceable ethical-sourcing clauses, beyond the existence of the Code of Conduct.

Honest & Fair Business

-40

The company has established procedures for the confidential and anonymous submission of concerns regarding accounting, internal controls, and auditing matters.

1
The Audit Committee Charter states that board members must be free of relationships that would interfere with independent judgment, and 75% of the directors are independent. A Code of Conduct is available on the company's website, which is FCPA-compliant, but training frequency and effectiveness metrics are not provided.
2
Annual third-party audits are conducted for information security programs, but this covers only approximately 25% of ethical claims related to compliance and ethics.
3

Kind to Animals

0

PLP's core business involves designing and manufacturing hardware products for energy, telecommunications, and broadband networks. The company does not engage in animal testing, animal agriculture, or the use of animal-derived ingredients, making several KPIs not applicable. PLP develops and manufactures a complete product offering for wildlife protection, including products like RAPTOR PROTECTOR and BIRD-FLIGHT Diverters.

1
These products are designed to reduce wildlife mortalities from interactions with electric power infrastructure, protect against injuring or killing endangered species such as the Bald Eagle, and address migratory bird collisions.
2
While these products directly contribute to wildlife protection, the provided evidence does not include measurable biodiversity impact, species recovery metrics, or specific percentages of revenue invested in conservation initiatives, which are required by the 'wildlife_conservation_impact' KPI for a positive score.

No War, No Weapons

0

No evidence available to assess Preformed Line Products Company on No War, No Weapons.

Planet-Friendly Business

0

No evidence available to assess Preformed Line Products Company on Planet-Friendly Business.

Respect for Cultures & Communities

0

No evidence available to assess Preformed Line Products Company on Respect for Cultures & Communities.

Safe & Smart Tech

0

As of March 8, 2024, the company reports no previous data breach incidents materially affecting it and no incidents of unauthorized data use.

1
Its cybersecurity risk management includes periodic risk assessments, firmwide testing, and third-party audits for vulnerability management and security testing.
2
Employee security is addressed through mandatory training and periodic phishing tests, alongside annual audits.
3
The company's domestic and international manufacturing facilities are ISO 9001:2015 certified, which is a quality management system, not a privacy or security certification.
4
The privacy policy outlines general data handling but provides no specific metrics or details on compliance with regulations like GDPR or CCPA.
5

Zero Waste & Sustainable Products

0

No evidence available to assess Preformed Line Products Company on Zero Waste & Sustainable Products.

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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.