Wallbox N.V..
WBX.US | Manufacture of other electrical equipment
Wallbox N.V. is a global technology company dedicated to changing the way the world uses energy. Wallbox creates advanced electric vehicle (EV) charging and energy management systems that redefine users’ relationship to the grid. Wallbox goes beyond electric vehicle charging to give users the power ...Show More
Better Health for All
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Wallbox's core business involves electric vehicle (EV) charging systems. Studies indicate that fine particulate matter (PM2.5) levels near EV fast-charging stations range from 7.3 to 39.0 micrograms per cubic meter.
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These levels are significantly higher than those found at urban background sites (3.6 to 12.4 micrograms per cubic meter)
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and, in many instances, exceed the EPA's 24-hour limit of 9 micrograms per cubic meter.
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Exposure to PM2.5 may contribute to health issues, including heart or lung disease.
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The articles note a lack of standards for DC fast charger emissions and do not mention any specific mitigation efforts by Wallbox to address these potential health externalities.
Fair Money & Economic Opportunity
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The provided articles describe Wallbox N.V. as a company focused on electric vehicle (EV) charging and energy management systems
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, discussing partnerships for grid-aware EV charging
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and utility-sponsored EV charging incentives
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. None of the articles contain specific, concrete data points or explicit statements regarding Wallbox N.V.'s involvement in lending, deposit services, financial products, or financial literacy initiatives. Consequently, there is no evidence to assess the company against any of the KPIs under the 'Fair Money & Economic Opportunity' ethical value, leading to the omission of all KPIs.
Fair Pay & Worker Respect
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Employee satisfaction is low, with an average rating of 2.6 out of 5 stars from 141 reviews, and only 28% of employees would recommend working at the company.
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Culture and values are rated particularly low at 2.3 out of 5 stars.
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Reviews frequently mention low pay, lack of raises, consistent layoffs, poor communication, and concerns about job security.
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No specific regulatory actions, violations, fines, or compliance issues related to labor laws are mentioned in the provided information.
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Fair Trade & Ethical Sourcing
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No specific, quantitative data points were found in the provided articles regarding Wallbox N.V.'s fair trade certifications, audit frequency, forced or child labor incidents, supply chain traceability, remediation speed, ethical clause coverage in contracts, materials risk index, or supplier diversity spend. Article 1 discusses widespread forced and child labor abuses in the broader lithium-ion battery supply chain, but this information is not specific to Wallbox N.V.'s own operations or sourcing practices.
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Honest & Fair Business
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The company has a formal whistleblower protection policy, accessible 24/7 via an online portal and phone hotlines
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, with numbers provided for various countries
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. However, there is no evidence regarding the independence of investigation processes for reports made through this channel.
Kind to Animals
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Wallbox N.V. has a "No Animal Exploitation" policy.
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The company explicitly states that it conducts no animal testing, indicating zero animals are used in testing.
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Given the company's business model, no in-house or contracted animal testing operations are applicable, and no alternative testing methods are specifically detailed.
No War, No Weapons
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Wallbox N.V. has no military contracting activities.
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The company ceased sales to Russia due to the conflict in Ukraine, indicating a reactive measure to discontinue sales to a conflict-affected region.
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Wallbox does not use AI systems for military purposes, with current AI integration focused on customer service.
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An ESG assessment confirms the company has no exposure to controversial weapons.
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Planet-Friendly Business
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Wallbox has set a net-zero greenhouse gas emissions target for 2030.
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In 2021, the company's Scope 1 and 2 greenhouse gas emissions from internal operations were 110 tons of CO₂e.
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Its headquarters achieved an 18% emissions reduction in 2021 through the use of solar panels and energy management.
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No environmental compliance violations, fines, or regulatory actions were mentioned.
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Respect for Cultures & Communities
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The provided articles, which include financial filings and a code of ethics, do not contain specific quantitative data or concrete actions related to Wallbox N.V.'s respect for cultures and communities. The documents explicitly state the absence of information regarding formal partnerships, community reinvestment, cultural appropriation incidents, cultural impact assessments, local employment, grievance mechanisms for community concerns, complaint resolution times, FPIC participation, cultural preservation, local procurement, indigenous suppliers, cultural site protection, social license, charitable giving to cultural heritage, community fund allocation, language inclusivity, cultural incident response, or cultural sensitivity training
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. While the Code of Ethics mentions a commitment to respecting the rights of indigenous peoples and inclusivity, these are general statements and not measurable evidence for any of the defined KPIs.
Safe & Smart Tech
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No relevant data was found in the provided articles to assess Wallbox N.V. against the 'Safe & Smart Tech' ethical value
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. All articles were placeholders and explicitly stated that they contained no information relevant to the requested metrics
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, preventing any KPI from being scored
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.
Zero Waste & Sustainable Products
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At its Arlington facility, Wallbox has implemented waste reduction initiatives, including recycling over 1,000 tons of cardboard, plastics, and electronic components, using LED lights with motion sensors, and partnering with a renewable energy company.
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These efforts resulted in a 30% reduction in landfill disposal
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and a 10% collective reduction in electricity and water consumption at the facility.
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The company applies circular design principles, such as a sustainable and modular design for its C44E EV charger,
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and utilized a cradle-to-cradle methodology in the construction of its Arlington facility.
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Wallbox products are compliant with RoHS standards, ensuring they are free from lead, mercury, and cadmium.
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The company has reported no waste disposal violations in the past three years.