Fair Money & Economic Opportunity

Trifast PLC is a manufacturer and distributor of industrial fasteners and fixings, not a financial services provider.

The company does not offer lending or deposit services to consumers and explicitly states that no credit terms are extended. Therefore, KPIs related to consumer financial services, such as underserved client share, pricing fairness, exploitative fee exposure, debt burden ratio, and geographic inclusion for banking services, are not applicable. While the company mentions internal employee assistance programs that offer financial advice and supports community projects, these do not align with the rubric's specific definitions for financial literacy initiatives for customers or profit reinvestment in community finance as a percentage of profit.

Fair Pay & Worker Respect

Trifast PLC reported a CEO to median UK employee pay ratio of 14:1 for FY2021.

The lost time injury rate for employees was 0.992158 in FY2022. As of April 2022, the median gender pay gap showed female employees were paid 5% more than male employees. The employee happiness index score was 7.5/10 (75/100) from surveys conducted in November 2021 and April 2022. Employee turnover for UK, Europe, and USA sites was 3.7%. The company reported no modern slavery risks identified in its operations or supply chains during 1 April 2023 to 31 March 2024, no major non-compliances following audits in FY2022, and no equal pay claims in FY2021.

Honest & Fair Business

Trifast PLC has a comprehensive Whistleblowing Policy, part of its Code of Business Conduct, with awareness and support relaunched in FY25.

It provides a global, independent, multi-language hotline (Safecall) that protects confidentiality and ensures employees can report concerns without fear of retaliation. Two reports were submitted to the hotline in FY24, both relating to business expenses, with no reports in FY22. The company also maintains a comprehensive Anti-Bribery Statement and Policy, part of its Code of Business Conduct, with a zero-tolerance approach to all forms of bribery and corruption, including a prohibition on facilitation payments. This policy adheres to the UK Bribery Act 2010 and the USA Foreign Corrupt Practices Act across all jurisdictions. Anti-bribery training is included in the Learning Management System and became mandatory for all computer user employees from July 2024, with operating companies required to complete annual declarations.

No War, No Weapons

The company reports that 82.5% of its suppliers have provided completed documentation regarding conflict minerals, and it does not knowingly supply products containing metals from specified conflict regions.

Its core business involves supplying fasteners for civilian applications such as electric vehicle charging units, 5G base stations, data centers, and the Internet of Things, with no evidence of dual-use products or military applications. There is no indication of defense business requiring specific board oversight, nor are there operations in conflict-affected regions that would necessitate human-rights due diligence in such areas. The company is not subject to the Arms Trade Treaty (ATT) given its product focus on industrial fasteners.

Planet-Friendly Business

Trifast's total Scope 1, 2, and 3 emissions for FY25 were 140,514.56 tonnes CO2e, which increased from FY24.

The company has set a net-zero target for Scope 1 and 2 emissions by 2035, aiming for a 67.2% reduction from a 2019 baseline, with a rolling target of 4.2% reduction per annum. Trifast states it is aligning with the Science Based Targets initiative (SBTi) for its measurements and targets. The company reports zero environmental controversies, incidents, or oil spillages for FY25, FY23, and FY22. Trifast's annual report includes climate-related financial disclosures consistent with TCFD recommendations, stating compliance in all areas. It has conducted climate scenario analysis using the NGFS climate scenarios database, considering three specific scenarios: net zero 2050, divergent net zero, and nationally determined contributions. For biodiversity, TR Thailand supported a local environmental initiative by planting mangrove trees.

Respect for Cultures & Communities

The company has no reported cultural appropriation incidents.

Additionally, there are no formal partnerships with indigenous or local community groups, which is considered not applicable to the business model based on available evidence.

Safe & Smart Tech

The company has reported no significant cybersecurity threats, data breaches, or instances of data loss or theft in recent years, including for FY2022 and FY2023.

It holds ISO/IEC 27001:2013 accreditation for its Group IT function and passed a Cyber Essentials audit in September 2019. A Group Chief Privacy Officer was appointed following GDPR's introduction in 2018 , and a framework was implemented to ensure Group compliance. The company routinely carries out comprehensive IT risk reviews and penetration tests across all sites. It states it will only keep personal information for as long as needed and acknowledges user rights regarding data access, rectification, erasure, and restriction of processing. The company complies with various regulations including GDPR, UK Modern Slavery Act 2015, California Transparency in Supply Chains Act 2010, Bribery Act 2010, US Foreign Corrupt Practices Act, ESOS, SCIP, RoHS, and REACH. AI is used in a Learning Management System for personalized content , but no specific ethics governance or audit practices are detailed for this application.

Zero Waste & Sustainable Products

Trifast has developed new Nylon fastening products with 100% recycled content, utilizing waste textiles, discarded fishing nets, and automotive airbags

. The company embeds circular design principles into product design, collaborating with customers to incorporate closed-loop design principles , and notes that fasteners enable products to be opened and repaired . Trifast implements numerous waste reduction initiatives, including supplying fastenings in reusable plastic totes , working with suppliers to reduce inbound packaging , and employing lean manufacturing methodologies like 5S and 6 Sigma . They prioritize low-waste manufacturing processes such as cold forming, which reduces waste material from 60% to 5% , and extensively recover, filter, and reuse lubricants . All metal manufacturing waste is recycled , and the company reuses bins, spools, and packaging where possible . In 2025, TR teams participated in World Cleanup Day, removing 70 kg of waste, including 63 kg of plastic . Trifast has a dedicated material compliance team to manage obligations related to controlled or hazardous materials . Waste audits are conducted annually . The company reported zero environmental controversies and no direct or accidental oil spillages during FY2022 . A quality and sustainability agreement sets out waste and environmental management expectations for suppliers, with 85% of Approved Vendor List suppliers having signed it .