MASHINIi

VESUVIUS PLC.

VSVS.LSE | Manufacture of refractory products

Vesuvius PLC is a global leader in molten metal flow engineering and technology, serving the steel and foundry industries. The company designs, manufactures, and supplies a comprehensive range of products and solutions used by steelmakers and foundries to improve their manufacturing processes, enhan...Show More

Ethical Profile

Mixed.

Vesuvius PLC receives a mixed ethical rating. Critics point to its core business of refractory manufacturing as fundamentally in conflict with planet-friendly practices, being inherently energy-intensive and generating significant greenhouse gas emissions, exacerbated by its reliance on carbon-intensive industries. Reports suggest potential exposure to unethical sourcing, including forced labor and environmental degradation, in its raw material supply chain, creating tension with profitability goals. The company also faces challenges in waste reduction due to the high-temperature nature of its products, making recycling difficult. Worker safety in manufacturing environments is a medium materiality concern, with potential hazards.

Value Scores

Better Health for All0
-100100
Fair Money & Economic Opportunity0
-100100
Fair Pay & Worker Respect50
-100100
Fair Trade & Ethical Sourcing10
-100100
Honest & Fair Business0
-100100
Kind to Animals0
-100100
No War, No Weapons0
-100100
Planet-Friendly Business-40
-100100
Respect for Cultures & Communities0
-100100
Safe & Smart Tech10
-100100
Zero Waste & Sustainable Products-40
-100100

Better Health for All

0

The company's principal goods and services, molten metal flow engineering and technology for the steel and foundry industries, have no significant direct positive or negative health impact on the general public. In 2022, no product failures led to customer employee lost time injuries.

1
The company recorded and investigated 14 customer health and safety related issues, including five minor injuries and ten dangerous occurrences, and was not notified of any non-compliance with regulations or voluntary codes concerning product health and safety impacts.
2
Safety data sheets are available for all consumable products and raw materials and are shared with customers.
3
The company documents regulatory compliance and proactively monitors and participates in consultations regarding REACH regulation updates.
4
The company does not offer health-related products or services, nor does its business model involve serving vulnerable populations with health needs, health equity considerations, healthcare workforce development, preventative health or treatment activities for the general public, or public health crisis response. Its R&D and innovation are focused on industrial applications and worker safety, not on improving health outcomes and accessibility for the general public. The company's operations do not have significant positive or negative health externalities on surrounding communities, and it does not collect or manage health-related data. Its products do not have addiction potential, and it does not conduct clinical trials or health research.

Fair Money & Economic Opportunity

0

Vesuvius PLC is a global leader in molten metal flow engineering and technology, serving the steel and foundry industries, and manufactures products like crucibles and refractories.

1
The company's core business does not involve lending, insuring, moving, or storing money for consumers. Therefore, all KPIs related to financial products, services, and consumer financial outcomes are not applicable, mapping to a score of 0 as per the rubric's definitions for non-financial institutions.

Fair Pay & Worker Respect

50

Vesuvius PLC reported a CEO to median employee pay ratio of 14:1 in 2024.

1
The company's Lost Time Injury Frequency Rate (LTIFR) was 0.52 per million hours in 2024, which converts to a Recordable Occupational Injury Rate (TRIR) of 0.104 per 200,000 hours.
2
This rate is considered among best-in-class companies worldwide.
3

Fair Trade & Ethical Sourcing

10

The company's Sustainable Procurement Policy forms an addendum to its standard contract clauses, indicating that 100% of supplier contracts include enforceable ethical sourcing terms.

1
Supplier audit checks in 2024 detected no cases of human rights breaches.
2
For issues detected by Vesuvius or customers (Supplier Corrective Action Requests - SCARs), the D8 closure response date is 3 months (90 days).
3

Honest & Fair Business

0

No evidence available to assess VESUVIUS PLC on Honest & Fair Business.

Kind to Animals

0

No evidence available to assess VESUVIUS PLC on Kind to Animals.

No War, No Weapons

0

No specific, concrete data points were found in the provided article for any of the KPIs related to the 'No War, No Weapons' ethical value. The article only indicates the availability of sustainability reports for various years (2020-2024)

1
and states that reporting is based on GRI Standards, but it explicitly notes the absence of information for all listed KPIs.
2

Planet-Friendly Business

-40

In 2022, Vesuvius PLC sourced 58% of its grid electricity from renewable sources.

1
The company reported 60 minor environmental incidents in 2022.
2
In 2022, 6.0% of raw materials used in production were recycled materials from external sources.
3
The company undertakes climate scenario analysis, considering 2°C, 3°C, and 4°C warming scenarios.
4

Respect for Cultures & Communities

0

No specific, concrete data points were found in the provided articles that directly correspond to the quantitative thresholds or definitions of any of the KPIs for 'Respect for Cultures & Communities'. Information regarding employee numbers at specific plants

1
, or details about an employee-focused dispute resolution procedure
2
, did not meet the criteria for local employment ratios, community grievance mechanisms, or cultural incident responses. Statements of commitment or policy documents were not considered evidence of action or measurable outcomes.

Safe & Smart Tech

10

The company demonstrates excellent data minimization by explicitly stating it does not collect special categories of personal data, such as race, health, or genetic information, nor does it collect data on criminal convictions and offenses.

1
It also maintains a data retention policy.
2
For regulatory compliance, Vesuvius plc is registered as a Data Controller with the UK Information Commissioner
3
, adheres to the Data Protection Act 2018 and GDPR
4
, has a Data Protection Officer
5
, and has established procedures for personal data breaches.
6
It uses specific contracts approved by the European Commission for international data transfers within the group
7
and ensures similar safeguards for external third parties outside the EEA.
8
Users are afforded standard data rights, including the right to complain to the Information Commissioner’s Office
9
, and the company aims to respond to legitimate data requests within one month.
10

Zero Waste & Sustainable Products

-40

In Europe, Vesuvius achieves a 95% waste diversion rate for refractory materials from landfill.

1
However, only 7% of spent refractories currently enter closed-loop recycling.
2
In 2024, 6.5% of raw materials used in production were recycled materials from external sources.
3
The company has set a target to reduce solid waste (hazardous and sent to landfill) by 25% per metric tonne of product packed for shipment by 2025, against a 2019 baseline, achieving an 18.0% reduction by 2024.
4
Multiple waste reduction initiatives are in place, including process improvements, re-engineering product recipes to include internally recycled material, and identifying recycling opportunities for by-products. The company reported £0 in environmental fines and penalties in 2022, and no waste disposal violations were listed in recent records, though one site had wastewater outside permit limits with an action plan for resolution by the end of 2023.
5
Hazardous waste management includes defined emergency plans for 71% of sites handling such waste, with 54% tested in 2022, and proper storage.
6
External annual compliance audits are carried out by a global assurance provider.
7
Sustainability assessments for suppliers covered 58% of Group raw material spend in 2023, exceeding the 50% target, with 13% of rated suppliers asked to implement improvement actions.
8

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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.