REE Automotive Ltd..
REE.US | Manufacture of parts and accessories for motor vehicles
REE Automotive Ltd. is an automotive technology company that has developed a modular platform for electric vehicles (EVs). Their REEcorner technology integrates critical vehicle components (steering, braking, suspension, powertrain) into a single compact module positioned between the chassis and the...Show More
Better Health for All
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The provided articles do not contain specific, quantifiable evidence related to REE Automotive's direct impact on health outcomes, product safety records, pricing accessibility for health products, or any other criteria relevant to the 'Better Health for All' value.
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While the company's focus on electric vehicles and environmental impact reduction is noted, the rubric explicitly states that environmental pollution control is not part of this value. Therefore, no KPIs can be scored based on the available information.
Fair Money & Economic Opportunity
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No evidence available to assess REE Automotive Ltd. on Fair Money & Economic Opportunity.
Fair Pay & Worker Respect
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No specific quantitative data or concrete outcomes were provided across the articles for any of the KPIs related to Fair Pay & Worker Respect. While policies, commitments, and reporting mechanisms (like whistleblower hotlines) were mentioned, there was no evidence of living wage coverage, CEO-to-median pay ratio, collective bargaining share, safety incident rates, pay equity ratios, worker engagement scores, turnover rates, labor violation incidents, insecure contract share, or health insurance coverage.
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Therefore, all KPIs are omitted due to lack of explicit evidence.
Fair Trade & Ethical Sourcing
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No specific quantitative data was found across the provided articles for any of the Fair Trade & Ethical Sourcing KPIs for REE Automotive Ltd. The articles discuss general industry challenges related to rare earth elements
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, company policies on quality
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, ethics
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, anti-bribery
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, and whistleblowing
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, but do not provide metrics such as fair-trade certification percentages, audit frequencies, forced labor incidents, traceability coverage, remediation speed, ethical clause coverage in supplier contracts, materials risk index, or supplier diversity spend.
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Honest & Fair Business
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REE Automotive has a formal whistleblower policy, updated in November 2023, which includes an online reporting system, written submissions, and a hotline for confidential and anonymous concerns.
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The policy prohibits retaliation against whistleblowers and provides a 14-16 digit code for tracking report status.
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However, the median response time for complaints is outlined as three months, extendable to six months.
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The company also has a Global Anti-Bribery and Anti-Corruption Policy, updated in January 2024, which explicitly prohibits bribery, kickbacks, and facilitation payments, and addresses compliance with the Foreign Corrupt Practices Act (FCPA).
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This policy sets specific thresholds for gifts and entertainment, requiring review for gifts over $100 per person and limiting entertainment events to two per year.
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Kind to Animals
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No evidence available to assess REE Automotive Ltd. on Kind to Animals.
No War, No Weapons
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No specific, concrete evidence was found in the provided articles to assess REE Automotive Ltd. against any of the KPIs for the 'No War, No Weapons' ethical value. The articles primarily focus on the company's automotive technology, financial performance, and operational details, without mentioning any involvement in arms manufacturing, military contracts, dual-use technologies, or peacebuilding initiatives. The mention of 'autonomous-ready' technology is not explicitly linked to military applications or R&D investment in dual-use systems, and the 'Code of Business Conduct and Ethics' does not provide details on its content regarding defense-related activities.
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Planet-Friendly Business
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REE Automotive's publicly available information lacks specific quantitative data across all assessed environmental metrics. While the company's Code of Business Conduct and Ethics and ESG commitments emphasize environmental responsibility and stewardship, no concrete figures for emissions, renewable energy use, water consumption, or waste diversion are provided.
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The company has obtained EPA certification for its P7 electric truck lineup, confirming compliance with the Clean Air Act, but no data on the number of environmental compliance violations is available.
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ISO 9001 certification is mentioned for owned facilities, which is a quality management standard, not a green building certification.
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Respect for Cultures & Communities
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No evidence available to assess REE Automotive Ltd. on Respect for Cultures & Communities.
Safe & Smart Tech
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No evidence available to assess REE Automotive Ltd. on Safe & Smart Tech.
Zero Waste & Sustainable Products
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The provided articles outline REE Automotive's ESG commitments, environmental policy, and manufacturing processes. However, they do not contain any specific quantitative data or performance metrics related to waste diversion rates, product recyclability, packaging sustainability, recycled content, single-use plastic reduction, take-back programs, circular design principles, waste reduction initiatives, hazardous waste management, product durability, repairability, waste audit frequency, zero-waste certifications, waste disposal violations, material efficiency, packaging-to-product ratio, waste reduction targets, supplier waste requirements, or customer waste education.
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Therefore, no KPIs for Zero Waste & Sustainable Products can be scored based on the evidence provided.