Better Health for All

Regal Rexnord's core business involves manufacturing electric motors and controls, which are generally health-neutral, though its Automation & Motion Control segment serves medical devices and surgical tools.

The company offers an Employee Assistance Program (EAP) providing confidential support and resources to help associates balance personal and professional life. Regal Rexnord is not involved in pharmaceuticals, food or nutritional products, products with addiction potential, or clinical trials, making these KPIs not applicable.

Fair Money & Economic Opportunity

Regal-Beloit (RBC.US), operating as Regal Rexnord, is a manufacturer of electric motors and related products, not a financial institution. The 'Fair Money & Economic Opportunity' value primarily assesses companies involved in lending, insuring, moving, or storing money. As such, the company does not offer consumer lending or deposit services, nor does it manage customer finance data or operate financial service access points. Therefore, most KPIs related to financial products and services are not applicable. While the company's foundation made charitable contributions of $1.2 million in 2023

and $1,083,100 in 2021, the KPI for profit reinvestment requires a percentage of annual pre-tax profit, which is not provided in the articles, leading to its omission.

Fair Pay & Worker Respect

For fiscal year 2024, the CEO's total compensation was $11,929,805, while the median employee pay was $22,597, resulting in a CEO pay ratio of 528:1.

The company's overall employee rating is 3.2 out of 5 stars based on 1,186 reviews. Employees have reported an extreme amount of turnover since the acquisition in March 2023, with specific mentions of 5 machinists leaving in two months and a very high turnover rate in engineering. Since 2000, the company has incurred penalties for 8 employment-related offenses, 3 labor relations violations, and 4 wage and hour violations. A collective bargaining agreement covers all production and maintenance associates at the West Chester operation, requiring new associates to become union members after 90 days of employment. Employee reviews also mention safety concerns, such as new glove rules being dangerous around machines, and that despite a push for safety, people are getting hurt.

Fair Trade & Ethical Sourcing

Regal Rexnord has a Global Human Rights Policy, prohibiting forced and child labor, which applies to its suppliers and is incorporated by reference in its Supplier Code of Conduct.

The company requires suppliers to meet ethical standards, including maintaining safe working environments and complying with sourcing rules for restricted or hazardous substances. They perform due diligence before onboarding suppliers , may conduct audits , and take prompt action when improper behavior is identified. As of May 21, 2024, the company believes its supply chain carries minimal risk of forced or child labor being used , and its 2023 Canadian Forced Labour and Child Labour Report is available. While visibility beyond first-tier suppliers is limited , they strive for more traceability and use an AI-based tool (Altana) to screen higher-risk suppliers. A risk-based approach is used for slavery and human trafficking, utilizing tools like the UFLPA statistics dashboard , and supplier performance is evaluated for compliance with regulations such as REACH, RoHS, and conflict minerals reporting. An Integrity Line and email are available 24/7 for reporting concerns. The company also focuses on growing spend with minority-owned, women-owned, and veteran-owned business enterprises.

Honest & Fair Business

Regal Rexnord has a formal whistleblower protection policy, which includes an Integrity Line managed by a third party, available 24/7 in multiple languages, and explicitly states that retaliation against whistleblowers is not tolerated.

The company also maintains a global anti-corruption policy, detailing various procedures, forms, and appendices such as a business partner procedure, intake form, FAQs, annual certification, questionnaires, and contract terms. Additionally, Regal Rexnord has a Code of Business Conduct and Ethics, a Conflict Minerals Policy, a Global Human Rights Policy, and an Environmental, Health, Safety, and Sustainability Policy.

Kind to Animals

No specific, concrete data points were found in the provided articles regarding RBC.US's performance on any of the 'Kind to Animals' KPIs.

The articles discuss general sustainability efforts of Regal Rexnord (the company associated with RBC.US), or provide information about other companies and regulatory bodies, but do not offer evidence related to RBC.US's animal testing policies, cruelty-free certifications, humane operations, wildlife conservation impact, ethical input substitution, supplier audits for animal welfare, cage-free sourcing, innovation investment in animal-free alternatives, animal agriculture ethics, animal-free R&D collaboration, or public policy engagement on animal welfare.

No War, No Weapons

Regal Beloit FZE (Dubai) was penalized US$283,500 in May 2023 for 84 violations of antiboycott provisions of the EAR, stemming from requests from a Saudi Arabian customer between February 2017 and September 2021.

A new policy in October 2022 required Regal (Dubai) to admit to its conduct. The company's reported PSC codes include "1095 - Miscellaneous Weapons" and "1055 - Launchers, Rocket And Pyrotechnic," indicating direct involvement in weapon categories. Furthermore, the company has entered a multi-year defense partnership to expand into military and government aftermarkets.

Planet-Friendly Business

The company does not currently conduct climate scenario analysis, with management only considering its applicability in the future.

It has a net-zero target for Scope 1, 2, and 3 GHG emissions by 2050. While the annual sustainability report is prepared in general alignment with the TCFD framework, it is noted to be lacking climate scenario analysis. The company has no validated science-based targets, only an intention to review the SBTi revised Corporate Net Zero Standard. In 2023, 1.2% of the company's energy consumption was sourced from renewables. Biodiversity efforts are minimal, evidenced by a single park cleanup event. There is no formal deforestation policy. The company has not identified any material non-compliance with environmental laws and/or regulations. The recycling rate in 2023 was 80.7%.

Respect for Cultures & Communities

The provided articles do not contain specific, quantifiable data points that directly align with the defined Key Performance Indicators for 'Respect for Cultures & Communities'. While some articles mention general ethical conduct

, a change in charitable giving strategy , or diversity and inclusion initiatives , they lack the precise metrics (e.g., percentages, numbers of incidents, assessment scores, or resolution times) required by the rubric to assign a score for any KPI.

Safe & Smart Tech

The company experienced one incident of unauthorized access to confidential consumer information in 2023.

In response, it filed a data breach notice with the Massachusetts Attorney General in September 2023 and sent notification letters to affected individuals. While the company states it complies with privacy laws like GDPR and has a Code of Business Conduct and Ethics requiring employees to follow cybersecurity policies , the occurrence of the breach suggests gaps in its basic regulatory compliance. No specific information is available regarding the number of individuals affected by the breach, cybersecurity investment, privacy certifications, security training effectiveness, encryption implementation, AI ethics governance, or other detailed security and privacy practices.