MASHINIi

TPI Composites, Inc..

TPIC.US | Manufacture of plastics products

TPI Composites, Inc. is a global manufacturer of composite wind blades for the wind energy market. They specialize in the design, engineering, and manufacturing of advanced composite solutions for the renewable energy, transportation, and industrial markets. The company operates manufacturing facili...Show More

Ethical Profile

Mixed.

TPI Composites, a key manufacturer of wind turbine blades, aims for 100% renewable energy procurement and carbon neutrality for Scope 1 & 2 emissions by 2030, with notable progress in Mexico (100% renewable). Reports suggest significant Scope 3 emissions, exceeding 1 million metric tons CO2e in 2024, and past environmental penalties totaling $37,529 since 2000. The company faces challenges with end-of-life disposal of composite blades, which are difficult to recycle. While a DE&I survey shows 80% of associates feel safe sharing their cultural background, TPI Composites has acknowledged previous cultural appropriation issues with remediation plans. Comprehensive data on fair pay and ethical sourcing is not publicly available.

Value Scores

Better Health for All40
-100100
Fair Money & Economic Opportunity0
-100100
Fair Pay & Worker Respect-50
-100100
Fair Trade & Ethical Sourcing-30
-100100
Honest & Fair Business0
-100100
Kind to Animals0
-100100
No War, No Weapons0
-100100
Planet-Friendly Business-40
-100100
Respect for Cultures & Communities10
-100100
Safe & Smart Tech0
-100100
Zero Waste & Sustainable Products-40
-100100

Better Health for All

40

TPI Composites' principal products, wind blades, enable the generation of renewable energy, which significantly reduces air pollution and thus has a transformative positive impact on public health. In 2022, the company's products contributed to a reduction of 410 million metric tonnes of CO2e.

1
As 100% of their core product portfolio contributes to this, it aligns with a high positive score for health impact. Consequently, the company has zero revenue from products with direct negative health outcomes, and its entire business model is oriented towards this health-positive impact. The company's operations also generate positive health externalities by actively reducing its own Scope 1 and 2 emissions, with a goal to achieve carbon neutrality by 2030 and transition all sites to 100% renewable energy.
2
For example, all Mexico sites will be powered by renewable energy by 2025, and significant renewable energy is already sourced for sites in India and Türkiye.
3
The company's products do not have direct safety implications for physical or mental health, making the safety_record KPI not applicable in the context of user harm.

Fair Money & Economic Opportunity

0

No evidence available to assess TPI Composites, Inc. on Fair Money & Economic Opportunity.

Fair Pay & Worker Respect

-50

TPI Composites has faced significant safety issues and labor violations. In June 2018, Iowa OSHA alleged an array of safety problems at its Newton wind blade factory, documenting 43 individual violations across two citations, including fire hazards, airborne contaminants, faulty record keeping, fall hazards, and a lack of adequate protective gear.

1
OSHA initially levied over $150,000 in fines, which TPI settled for $100,000 in 2019.
2
A December 2017 investigation found hundreds of skin injuries from epoxy resin exposure, with OSHA documenting four cases of protective suits failing in January 2018.
3
Six former employees have sued the company for gross negligence, breach of contract, and fraud, accusing the company of terminating employees after sustaining chemical injuries.
4
Violation Tracker data shows four workplace safety or health violations between 2017 and 2021, totaling $124,221 in penalties.
5
Additionally, there was one labor relations violation in 2017 with a $22,611 penalty and one Family and Medical Leave Act violation in 2013 with a $5,468 penalty.
6
Workers in Turkey reported widespread health problems, including asthma and COPD, with allegations of the company laying off at least 30 workers annually due to health issues.
7

Fair Trade & Ethical Sourcing

-30

Key raw material suppliers complete a comprehensive sustainability assessment on an annual basis.

1
For corrective actions, suppliers must acknowledge SCARs within 48 hours, identify the root cause within 15 days, and achieve full closure within 45 days.
2
TPI's Supplier Code of Conduct, Human Rights Policy, and other policies outline ethical expectations for suppliers, including human rights, environmental, health, and safety practices, and conflict minerals. Suppliers are expected to follow the spirit and intent of these policies, and 94% of critical direct material suppliers committed to TPI’s supplier sustainability goals in 2024.
3
Suppliers are expected to take steps to determine if their products contain conflict minerals and implement a supply chain due diligence process to identify sources of these minerals.
4
TPI adheres to its Conflict Minerals Policy and publishes legally required disclosures on conflict minerals.
5

Honest & Fair Business

0

No evidence available to assess TPI Composites, Inc. on Honest & Fair Business.

Kind to Animals

0

TPI Composites, Inc. manufactures composite wind blades and advanced composite solutions.

1
The provided articles contain no specific data regarding cruelty-free certifications, alternative testing methods, humane certifications for animal operations, animal-derived ingredients or their substitution, animal welfare audits for suppliers, cage-free sourcing, animal testing policies or volume, R&D investment in animal-free technologies, animal agriculture ethics, animal-free R&D collaborations, or public policy engagement related to animal welfare.
2
Given the company's core business of manufacturing wind blades, these KPIs are not applicable as their operations do not involve animals, animal products, or animal testing.

No War, No Weapons

0

No evidence available to assess TPI Composites, Inc. on No War, No Weapons.

Planet-Friendly Business

-40

TPI Composites reported total Scope 1, 2, and 3 emissions of 1,078,833 tCO2e in 2024, a 31.86% reduction from 1,583,397 tCO2e in 2022.

1
The company has a stated carbon neutrality target year of 2030 and a net-zero target year of 2050.
2
Since 2000, the company has incurred $37,529 in environment-related penalties,
3
including a $26,758 environmental violation in 2014
4
and a $10,771 environmental violation in 2005.
5
In 2022, over 50% of the company's suppliers had SBTi targets.
6

Respect for Cultures & Communities

10

TPI Composites reported no cultural appropriation incidents in 2022.

1
The company performs environmental impact assessments for all facilities prior to operations, which include land evaluation before construction, but a specific cultural impact assessment protocol is not explicitly mentioned.
2
Formal grievance mechanisms are available to associates through multiple reporting tools, including an independent third-party Ethics Hotline and a QR Code/mobile device tool, covering 100% of associates.
3
The company supports language inclusivity by displaying ethics reporting posters in local languages at each facility and providing anti-corruption policy training in local languages.
4
While all reported concerns are investigated promptly, there is no specific cultural incident response framework mentioned.
5
In 2022, over 12,300 associates attended cultural sensitivity training, which represents approximately 67.5% of the total workforce of 18,200 associates.
6

Safe & Smart Tech

0

No specific, quantifiable evidence was found in the provided articles for any of the KPIs related to Safe & Smart Tech. While some articles mention general cybersecurity risk management or employee training, they lack concrete data points such as breach frequency/scale, investment percentages, certification details, training effectiveness metrics, or specific details on AI ethics, encryption, or data control. Mentions of supplier expectations or general statements about risk management without specific metrics are not considered direct evidence of the company's performance against the KPIs.

Zero Waste & Sustainable Products

-40

TPI Composites achieved a 5% reduction goal in its production waste rate in 2024, with each site implementing waste reduction projects focused on optimizing production material usage.

1
The company has set a company-wide goal to become carbon neutral by 2030, which includes a target to cut emissions by 40% below 2005 levels by 2030.
2
Additionally, 94% of critical direct material suppliers committed to TPI’s supplier sustainability goals in 2024.
3

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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.