MASHINIi

VivoPower International PLC.

VVPR.US | Electric power generation, transmission and distribution

VivoPower International PLC is a sustainable energy solutions company. It focuses on developing, building, and operating clean energy projects, including solar and battery storage systems. The company provides critical power services, energy efficiency solutions, and related products to commercial a...Show More

Ethical Profile

Mixed.

VivoPower International PLC, a B Corp certified company since 2022, is actively involved in sustainable energy, managing a 193.2 MW renewable energy portfolio. In 2023, it invested $42.3 million in green tech, aiming for a 35% operational carbon footprint reduction by 2025, with 67% of project materials reportedly from certified eco-friendly suppliers. However, its B Impact worker score of 28.9 suggests potential areas for improvement in worker practices, and critics note a lack of specific living wage data. While recycling 430 tons of raw material cartons annually, the company generated over 10,800 tons of non-hazardous waste in 2023. VivoPower was also non-compliant with a NASDAQ listing rule due to a delayed filing.

Value Scores

Better Health for All10
-100100
Fair Money & Economic Opportunity0
-100100
Fair Pay & Worker Respect0
-100100
Fair Trade & Ethical Sourcing0
-100100
Honest & Fair Business-40
-100100
Kind to Animals0
-100100
No War, No Weapons0
-100100
Planet-Friendly Business-40
-100100
Respect for Cultures & Communities0
-100100
Safe & Smart Tech0
-100100
Zero Waste & Sustainable Products-10
-100100

Better Health for All

10

VivoPower's core business of sustainable energy solutions, including solar, battery storage, and electric vehicles, contributes to better health by reducing pollution.

1
The company also provides critical backup power solutions and generator maintenance services to health infrastructure and aged care facilities.
2
Kenshaw Solar and Kenshaw are ISO45001 (Occupational Health and Safety) certified, and the company conducts regular health and safety audits and risk assessments.
3
VivoPower's operations generate positive health externalities by facilitating greater use of renewable energy.
4
The Sustainability Committee oversees safety and health policies and monitors activities for the well-being of people, their families, and communities.
5
The company is advancing research and development into electric conversion kits and batteries, and seeks R&D grants for electric, solar, and battery technologies.
6

Fair Money & Economic Opportunity

0

No evidence available to assess VivoPower International PLC on Fair Money & Economic Opportunity.

Fair Pay & Worker Respect

0

The provided articles do not mention any specific regulatory actions, violations, fines, or compliance issues related to labor laws or human rights.

Fair Trade & Ethical Sourcing

0

No evidence available to assess VivoPower International PLC on Fair Trade & Ethical Sourcing.

Honest & Fair Business

-40

The company has a formal whistle-blower policy with procedures for receiving, retaining, and treating complaints regarding accounting, internal controls, or auditing matters, allowing for confidential and anonymous submissions.

1
However, there is no evidence of independent investigation processes. Three directors (Peter Jeavons, Gemma Godfrey, and William Langdon) are identified as independent according to Nasdaq listing rules.
2
The company has an anti-corruption policy that explicitly addresses the FCPA and UK Bribery Act, prohibiting illegal payments and facilitating payments, and its Audit Committee reviews procedures for detecting fraud and preventing bribery.
3
VivoPower is a certified B Corporation, recertified in 2022, and its Kenshaw Solar subsidiary holds ISO9001 and ISO45001 certifications.
4

Kind to Animals

0

No evidence available to assess VivoPower International PLC on Kind to Animals.

No War, No Weapons

0

VivoPower International PLC's 2022 annual report details revenue from contracts with customers, primarily in Australia, across segments such as Critical Power Services, Electric Vehicles, Sustainable Energy Solutions, and Solar Development.

1
The report explicitly states that no specific data is provided regarding 'No War, No Weapons' and does not mention any revenue from arms or defense contracts.
2
The company's core business is described as sustainable energy solutions, focusing on clean energy projects. There is no evidence in the provided articles to suggest the company engages in any defense-related activities, dual-use technology development, sales to embargoed regimes, or other activities covered by the 'No War, No Weapons' value.

Planet-Friendly Business

-40

In 2023, the company's total Scope 1, 2, and 3 greenhouse gas emissions were 203,930.15 tCO₂e.

1
VivoPower International PLC had a renewable energy portfolio of 193.2 MW as of 2023.
2
In 2023, the company achieved a 100% compliant disposal rate for hazardous waste and a 100% recycling rate for non-hazardous waste.
3
The company used 30% recycled glass and 63.2% recycled aluminum alloy in 2023.
4
In 2023, $42.3 million was invested in green technology infrastructure.
5
The company plans to provide training to suppliers to quantify and track emissions.
6
There were no pollution incidents reported in 2023.
7
The company conducted 18 comprehensive environmental impact assessments in 2023.
8
VIVO Defence Services Ltd., a related entity, has a net-zero target for Scope 1 and 2 emissions by 2035 and for all scopes by 2045.
9
Water conservation efforts in 2023 resulted in a 45% reduction.
10
Packaging weight reduction for transport packaging was approximately 20%.
11

Respect for Cultures & Communities

0

No specific, concrete data points were found in the provided articles to assess VivoPower International PLC against the defined KPIs for 'Respect for Cultures & Communities'. While the company is a Certified B Corporation and has a Sustainability Committee that reviews community engagement and social responsibility, the articles do not provide quantitative evidence for metrics such as the number of formal partnerships, revenue reinvested in local development, cultural appropriation incidents, or local employment ratios.

1
Information about a partnership with Sarao Motors to preserve the jeepney's cultural heritage was noted, but the rubric lacks a specific tier for a single partnership, making it unscoreable under the given rules.
2

Safe & Smart Tech

0

No evidence available to assess VivoPower International PLC on Safe & Smart Tech.

Zero Waste & Sustainable Products

-10

The company achieved a 100% recycling rate for non-hazardous waste in 2023.

1
It reported zero waste disposal violations in the past three years.
2
For hazardous waste, the company generated 103.96 tons in 2023 and achieved a 100% compliant disposal rate, indicating very good management with active reduction efforts.
3
Regarding suppliers, 96% signed an agreement on sustainable procurement, which includes waste management requirements.
4

Own VivoPower International PLC?

Upload your portfolio and see how all your holdings score across 11 ethical dimensions.

Audit My Portfolio

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.