MASHINIi

Pyxis Tankers Inc..

PXS.US | Sea and coastal freight water transport

Pyxis Tankers Inc. is a maritime transportation company focused on the seaborne transportation of refined petroleum products and other bulk liquid cargoes. The company owns and operates a fleet of medium range (MR) product tankers. These vessels are primarily employed in the spot market and on short...Show More

Ethical Profile

Mixed.

Is Pyxis Tankers Inc. ethical? The company faces scrutiny regarding its business practices. Reports indicate KPMG resigned as PXS's independent registered public accounting firm in June 2025 due to a previously remediated material weakness. While Pyxis Tankers has a whistleblower policy and states compliance with NASDAQ and SEC requirements, its core business of transporting refined petroleum products inherently conflicts with planet-friendly goals. The company cites efforts to meet IMO environmental regulations, including retrofitting its MR fleet with Ballast Water Treatment Systems and monitoring CO2 emissions. However, a low SDG Transparency Score of 34.4 and a significant lack of specific sustainability data across many ethical areas suggest limited transparency.

Value Scores

Better Health for All0
-100100
Fair Money & Economic Opportunity0
-100100
Fair Pay & Worker Respect0
-100100
Fair Trade & Ethical Sourcing0
-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 Tech-60
-100100
Zero Waste & Sustainable Products-40
-100100

Better Health for All

0

Pyxis Tankers Inc. operates in the maritime transportation industry, primarily transporting refined petroleum products and other bulk liquids.

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According to the materiality analysis, the company's business model is fundamentally neutral concerning the 'Better Health for All' value, as its core operations do not directly impact healthcare access or public health outcomes. The company's 2021 annual report and other sources do not provide any evidence of direct engagement with healthcare or public health initiatives.
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Therefore, there is insufficient evidence to provide a score other than neutral. The company's SDG Transparency Score is 34.4.
11

Fair Money & Economic Opportunity

0

Pyxis Tankers Inc. is a maritime transportation company that owns and operates a fleet of product tankers, transporting refined petroleum products and other bulk liquid cargoes for major oil companies and trading houses.

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The company's business model does not involve offering lending, deposit, or other financial services to individual consumers or underserved populations.
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Therefore, all KPIs related to consumer financial products, services, or financial inclusion initiatives are not applicable to its core business.
3

Fair Pay & Worker Respect

0

No quantitative data or specific information related to fair pay and worker respect metrics, such as living wage coverage, CEO median pay ratio, collective bargaining share, safety incident rate, pay equity ratio, worker engagement score, turnover rate, labor violation incidents, insecure contract share, or health insurance coverage, is available in the provided articles.

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The articles primarily focus on financial transactions, regulatory filings, and environmental/governance aspects, explicitly stating a lack of data for social and labor practices.
2

Fair Trade & Ethical Sourcing

0

No specific, quantifiable evidence was found in the provided articles for any of the KPIs related to Fair Trade & Ethical Sourcing. The articles primarily contain financial information, corporate governance details, or general statements about ethical conduct applicable to employees and agents, without providing data on supplier certifications, audit frequencies, incident reports, supply chain traceability, remediation speed, ethical clauses in supplier contracts, materials risk, or supplier diversity spend.

1

Honest & Fair Business

-40

Pyxis Tankers Inc. has a formal whistleblower policy, adopted on August 9, 2016, which outlines procedures for reporting accounting and ethics matters, including internal escalation and external reporting options to the Audit Committee Chairman, and emphasizes protection against retaliation for good-faith reporting.

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The company's audit reports for fiscal years ending December 31, 2024, and 2023 did not contain adverse opinions or disagreements, with a previously remediated material weakness noted.
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A Code of Business Conduct and Ethics, which includes an anti-corruption policy, is in place.
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The company also states full compliance with NASDAQ and SEC requirements, though it details exemptions from certain NASDAQ corporate governance rules as a foreign private issuer under Marshall Islands law.
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Kind to Animals

0

Pyxis Tankers Inc. is a maritime transportation company. The provided articles explicitly state that there is no information related to the 'Kind to Animals' value for this company.

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Its business model does not involve activities such as product manufacturing requiring cruelty-free certification or animal testing, animal husbandry, or sourcing of animal products.
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Therefore, for all relevant KPIs, the company's operations are not applicable to the defined metrics.
3

No War, No Weapons

0

The provided articles do not contain specific, concrete data points or explicit mentions of Pyxis Tankers Inc.'s involvement in arms manufacturing, military contracts, dual-use technologies, sales to embargoed regimes, peacebuilding investments, or conflict-related policies.

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While the company's core business is described as maritime transportation of refined petroleum products, there is no direct evidence within the articles to score any of the 'No War, No Weapons' KPIs.
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Therefore, all KPIs are omitted due to a lack of explicit, verifiable evidence.

Planet-Friendly Business

0

Pyxis Tankers Inc. has not provided specific quantitative data or detailed information regarding its environmental performance across any of the assessed KPIs. The available articles mention the company's strategy to comply with new and existing IMO regulations, including retrofitting its MR fleet with Ballast Water Treatment Systems (BWTS), consuming IMO 2020 compliant fuel, and monitoring and reporting vessel CO2 emissions.

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However, no specific emissions figures, reduction targets, renewable energy usage, waste diversion rates, or other detailed environmental metrics are disclosed. There is also no mention of environmental compliance violations, climate-related financial disclosures like TCFD alignment, or climate scenario analysis.
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One article notes a lack of information on environmental, social, and governance (ESG) metrics for the company.
3

Respect for Cultures & Communities

0

No evidence available to assess Pyxis Tankers Inc. on Respect for Cultures & Communities.

Safe & Smart Tech

-60

Pyxis collects basic information such as internet service provider domain, pages visited, and timestamps.

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For alerts, users provide their name, email, and optionally address and phone number.
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The company uses Google Analytics, which collects IP addresses and other data, and Google may share this data with third parties.
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Pyxis states it employs safeguards but does not guarantee secure data transmission or protection against interception, loss, misuse, or alteration.
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Users can refuse cookies and contact Pyxis with questions or complaints about personal information use.
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The company is subject to various international, national, and local environmental, safety, and security regulations, including MARPOL, SOLAS, and the ISM Code, but the articles do not provide details on its compliance with privacy-specific regulations.
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Zero Waste & Sustainable Products

-40

The company's policy is to operate its vessels in accordance with all applicable environmental laws and regulations.

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Personnel dealing with crude oil, petroleum products, hazardous or toxic materials, or other potential pollutants must comply with environmental laws and regulations and follow specified operating and environmental safety procedures and manuals.
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The company maintains a record of hazardous material inventory to comply with EU regulations.
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There is no history of environmental claims or waste disposal violations.
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The company focuses on eco-efficient, modern MR tankers, which results in improved fuel consumption.
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The average age of the company's fleet is 8.5 years, compared to an industry average of 12.8 years.
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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.