Fair Money & Economic Opportunity

Power Integrations is a semiconductor company that designs and markets integrated circuits. The company does not offer lending, deposit, or other financial services to consumers.

Therefore, all KPIs related to financial products, services, or customer financial outcomes are not applicable. There is no evidence of the company serving underserved client shares, having APR or fee structures, generating revenue from high-cost financial products, or operating financial inclusion programs. The company does not generate or manage customer financial data, nor is it regulated as a lender. While the company offers employee benefits such as an Employee Stock Purchase Plan and 401(k) matching, these relate to employee wealth building, not customer financial outcomes from lending or deposit services. Similarly, initiatives like supporting academic research in energy efficiency, investing in renewable energy, or matching employee monetary gifts are not considered reinvestment in community finance or profit-sharing with underserved communities as defined by the rubric for this value.

Fair Pay & Worker Respect

In 2024, the company reported a Total Recordable Injury Rate (TRIR) of 0, with zero fatalities and zero high-consequence injuries.

The CEO to median employee pay ratio was 81:1 in 2024. An employee survey in 2024 indicated that 87% of respondents considered Power Integrations a great place to work, which is 30 points higher than the U.S. national average. The company offers comprehensive health, dental, and vision insurance, paying an above-average share of health insurance costs compared to industry benchmarks. The average employee tenure is 10.8 years, which is well above the industry benchmark of 4.7 years. An Employee Stock Purchase Plan (ESPP) is available to approximately 90% of employees, with over 60% participation in the most recent offering period. The company also provides a 401(k) plan with a 50% match up to 4% of eligible compensation and offers up to $5,250 per year for job-related tuition reimbursement.

Honest & Fair Business

The company has a Whistleblower Policy in place, allowing anonymous reports and prohibiting retaliation against employees who report in good faith.

Procedures for the receipt and treatment of complaints regarding accounting, internal controls, or auditing matters are established, but there is no evidence of independent investigation processes. As of March 31, 2025, 88% of the Board of Directors is independent. The Supplier Code of Conduct includes zero tolerance for bribery, corruption, and unethical business practices, and the Code of Business Conduct and Ethics sets company expectations on various topics, but there is no mention of training frequency or effectiveness metrics. Third-party assessment of GHG emissions is conducted, and third parties are partnered with for continuous monitoring and risk awareness, but the overall extent of independent verification of ethical claims is not specified.

No War, No Weapons

Power Integrations requires its manufacturing partners to have a purchasing policy to ensure that tantalum, tin, tungsten, and gold in their products do not directly or indirectly finance or benefit armed groups perpetrating human rights abuses in high-risk regions, including conflict-affected areas.

The company is a member of the Responsible Minerals Initiative (RMI) and aligns its practices with industry standards, using the RMI Conflict Minerals Reporting Template for supplier surveys. However, no specific percentage of the supply chain is certified conflict-free, only a commitment to responsible sourcing. The company's due diligence program for these minerals is based on the OECD five-step framework. An annual review of the business continuity plan, strategy, and execution is completed by the RMC, and an annual BCP review is completed with suppliers to identify potential risks and opportunities. All employees (100%) acknowledge the company's code of conduct.

Respect for Cultures & Communities

The company has no reported formal partnerships with indigenous or local community groups, which is consistent with its semiconductor business model.

There are no reported cultural appropriation incidents, and no specific cultural impact assessment protocol is mentioned, which aligns with the nature of its operations. The company provides a Whistleblower Policy and a reporting process via email and a hotline for potential violations, allowing anonymous reports. These are standard grievance processes, but not explicitly community-specific. FPIC processes are stated as not applicable to the company's operations. There is no evidence of community representation on governance or advisory bodies, nor any actions taken to protect cultural or heritage sites. The concept of social license to operate is not applicable to the business model. No information is provided regarding language inclusivity in products or communications. Reports of potential violations are investigated, and remedial action is taken if substantiated, which is a reactive response. All employees with supervisory responsibilities receive two hours of training every two years in prevention of sexual harassment and abusive conduct, while non-supervisory employees receive one hour every two years. This is standard diversity training, not specific cultural sensitivity training.

Zero Waste & Sustainable Products

Power Integrations' ICs have eliminated over 1 billion electronic components annually, demonstrating revolutionary material efficiency.

The company's products are lead- and halogen-free, compliant with EU REACH and RoHS regulations. Suppliers are certified by IATF 16949 and ISO 14001, and are evaluated for conflict-free minerals through a Supplier Code of Conduct and the RMI Conflict Minerals Reporting Template.