Turtle Beach Corporation.
TBCH.US | Manufacture of consumer electronics
Turtle Beach Corporation is a global gaming accessory maker. The company develops and markets gaming headsets and audio accessories for various platforms, including video game consoles, personal computers, and mobile devices. Turtle Beach operates through two brands: Turtle Beach and ROCCAT. The Tur...Show More
Better Health for All
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No evidence available to assess Turtle Beach Corporation on Better Health for All.
Fair Money & Economic Opportunity
0
Turtle Beach Corporation is a gaming accessory maker and does not operate in the financial services sector.
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Therefore, KPIs related to lending, deposit services, APRs, fee structures, loan books, customer financial data, credit outcomes, or debt burden are not applicable. The company does not offer financial products or services that would generate revenue from high-cost fees or require financial literacy programs. While the company engages in social inclusion initiatives, such as partnering with Roc Nation and Team Roc to provide financial support for The Gathering for Justice and Until Freedom in 2020, and a long-term partnership with GLSEN to support LGBTQ+ gamers in 2021, these are not related to a loan or insurance book, which is the focus of the inclusion_initiatives KPI.
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Similarly, product pricing for gaming accessories is not relevant to the pricing_fairness KPI, which refers to consumer credit products. The company's own debt refinancing and share repurchase programs are standard corporate financial activities and do not constitute community finance reinvestment as defined by the KPI.
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Fair Pay & Worker Respect
20
The company's CEO-to-median employee pay ratio was 19:1 in 2024.
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Employee sentiment data from 2023 indicates that 63% of employees would recommend working at the company to a friend, and 85% approve of the CEO.
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Fair Trade & Ethical Sourcing
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No specific quantitative data was provided across the articles for any of the KPIs related to Fair Trade & Ethical Sourcing. While supplier contracts are noted to include ethical sourcing clauses, the percentage of suppliers covered is not specified.
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Similarly, conflict mineral reporting indicates a 100% response rate from in-scope manufacturing partners in 2023, with 9 of 12 reporting no conflict minerals from covered countries, but the share of spend on high-risk materials is not quantified.
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Honest & Fair Business
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No evidence available to assess Turtle Beach Corporation on Honest & Fair Business.
Kind to Animals
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No specific, quantifiable evidence was found in the provided articles for any of the KPIs related to the "Kind to Animals" ethical value. The company's business model, focused on gaming accessories, does not inherently involve animal products, animal testing, or animal agriculture, which may explain the absence of relevant data for these metrics. While Turtle Beach supports the Million Mangroves program, the articles do not provide measurable biodiversity impact or specific habitat restoration metrics to assess the wildlife conservation impact.
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No War, No Weapons
-10
For the year ended December 31, 2023, Turtle Beach received a 100% response rate from in-scope manufacturing partners regarding conflict minerals.
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Manufacturing partners identified 263 smelters and refiners, of which 221 were validated as conformant with a responsibly sourced auditing program, representing approximately 84.03% of identified smelters and refiners.
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Planet-Friendly Business
-70
Turtle Beach Corporation reported total Scope 1 and 2 emissions of 113 tCO₂e (0.113 M tCO₂e) for 2023, a decrease of 11.02% from 2022.
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However, Scope 3 emissions were not evaluated.
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The company has an absolute emissions target to reduce Scope 1 and 2 emissions by 33.6% from a 2021 baseline by the end of 2028, which it considers science-based and 1.5°C aligned, but it has not committed to seeking validation from the Science Based Targets initiative (SBTi) within the next two years.
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In 2023, the company reported 0 MWh of renewable energy consumption, with all 472.37 MWh sourced from non-renewable fuels and electricity.
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A Proposition 65 notice was issued in July 2015 for failure to provide warnings regarding exposure to Di(2-ethylhexyl)phthalate (DEHP) in headsets, with exposures occurring since July 2012.
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The company aims to neutralize Scope 1 and 2 greenhouse gas emissions from corporate offices by 2025.
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While the company references the TCFD framework and developed a Business Continuity Plan for climate-related impacts, it has only partial TCFD mapping and lacks scenario analysis.
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The company has achieved a 25-30% reduction in packaging CO₂ per unit, with plastic use in packaging reduced by 87-96% for certain headset models, and aims to eliminate plastic in select products by 2024.
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The company contributes to the Million Mangroves program but has no portfolio-wide biodiversity strategy.
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The company canceled project-based carbon credits in 2023 and is committed to obtaining credible offsets, but no quality rating or percentage of emissions covered is provided.
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Respect for Cultures & Communities
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No specific, concrete data points or factual information related to TBCH.US's Respect for Cultures & Communities were found in the provided article.
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The article explicitly states it contains no quantitative data or specific information relevant to the company and this ethical value.
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Safe & Smart Tech
20
Turtle Beach Corporation has reported no material information security breaches in the last five years.
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The company's cybersecurity approach is risk-based, utilizing industry-standard frameworks and methodologies, and it conducts third-party expert assessments, such as one in 2021 using the NIST framework.
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Employees are trained annually on cybersecurity risks and reporting.
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The company maintains an incident response plan and uses industry-standard tools for vulnerability monitoring.
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Turtle Beach collects personal information from California personnel and related persons, retaining it only as long as reasonably necessary to fulfill the purpose for which it was collected, and explicitly states it does not sell personal information or share data for targeted advertising.
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California personnel have rights to know, access, correct, and delete their data, with a formal request process in place.
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Manufacturers in Turtle Beach's supply chain are required to comply with privacy and information security laws and regulatory requirements, including the U.S. Foreign Corrupt Practices Act of 1977 and the UK Bribery Act of 2010.
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Zero Waste & Sustainable Products
-30
Turtle Beach Corporation has significantly reduced single-use plastics in its packaging, achieving an 88% reduction by weight for the Stealth 600X Gen 2 model compared to its predecessor, and 87%-96% reduction for some other headset models in 2022.
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The company has been actively working to reduce or eliminate single-use plastics from packaging since 2015 and aims to eliminate plastic use in packaging in select products by 2024.
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The company used post-consumer recycled (PCR) resins in Stealth 600 Gen 3 headsets in 2024, with a goal to incorporate at least 10% PCRs into select products by 2024.
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Products are designed for a lifetime of play, and a refurbished product program supports resource responsibility and waste reduction.
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The company supports retail and distributing partners’ recycling programs and provides information on proper recycling of products and where to drop off old products.
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Manufacturing partners are expected to conserve natural resources and energy, reduce waste, and minimize hazardous substances, with 94% of contract manufacturing facilities certified to ISO 14001 as of Q1 2023.
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Products comply with regulations such as RoHS, WEEE, REACH, EU Directive on Packaging and Packaging Waste, and California Proposition 65.
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