Better Health for All

XP Power designs and manufactures power supplies specifically certified for a wide range of medical applications, including patient-connected devices, diagnostic equipment, surgical equipment, and home healthcare

. These products meet stringent international safety standards like IEC 60601-1 , ANSI/AMMI ES60601-1 , and feature BF class insulation and 2 x MOPP isolation , indicating a strategic focus on providing substantial health benefits. The company demonstrates an outstanding safety record through extensive product certifications to medical safety standards such as IEC 60601-1 (3rd edition) , low patient and earth leakage currents , and the inclusion of overvoltage, overload, and short circuit protection . XP Power's factory is approved to ISO13485, a quality management system for medical devices . XP Power exhibits excellent risk transparency by making its risk management process available to customers and maintaining a robust structure of sustainability oversight and risk management led by its CEO . The company demonstrates very limited health-harming externalities with exemplary remediation efforts. Its power supplies achieve high energy efficiency (up to 95%) and low standby power consumption (<0.15W) . The company has reduced the energy intensity of its operations by 85% over the past decade , achieved Gold Standard Pathway status for methane in 2023 , and is undertaking a full lifecycle analysis of its products to reduce carbon in its value chain , aiming for net zero carbon by 2040 .

Fair Money & Economic Opportunity

XP Power Limited is a global provider of power solutions, designing and manufacturing power controllers.

The company's core business is manufacturing, not financial services such as lending, insurance, or money management. Therefore, all Key Performance Indicators (KPIs) related to fair money and economic opportunity, which are designed for financial institutions, are not applicable to XP Power Limited's operations.

Fair Pay & Worker Respect

XP Power reported a median gender pay gap of 38% in the UK in April 2024, indicating women earned 62% of men's median pay.

The company achieved a zero Lost Time Injury Rate (LTIR) globally on a 12-month rolling average in 2025. The CEO-to-median employee pay ratio was 20:1 in 2024. In 2024, 36% of employees were covered by collective bargaining agreements. The employee engagement score from the 2024 Gallup survey was 4.03 out of 5.00, with a 92% participation rate. Voluntary employee turnover for full-time staff was 37.8% in 2024. The company reported no human rights violation incidents in 2023 or 2024. In 2024, 11.4% of the total employees were on contract or temporary worker arrangements.

Fair Trade & Ethical Sourcing

XP Power reported zero human rights violation incidents in both 2023 and 2024, with none of the five whistleblowing reports in 2024 related to slavery or human trafficking.

The company confirms that 100% of the minerals in its products come from verified conflict-free suppliers, and materials like solder are purchased only from vendors on Conformant Smelter & Refiner Lists. All suppliers are required to adhere to XP Power's Code of Conduct and Supply Chain Policy, with supplier contracts requiring compliance with the Responsible Business Alliance (RBA) Code of Conduct. The company is prepared to disengage from suppliers who fail to meet these standards.

Honest & Fair Business

XP Power maintains a comprehensive Business Code of Conduct that includes a zero-tolerance approach to bribery and corruption, requiring suppliers to comply with these provisions.

The company reported no instances of bribery in 2021. Internal audits are conducted to assess behavior, culture, and ethics, indicating an auditable compliance program.

Kind to Animals

XP Power Limited, as a manufacturer of electronic power solutions, does not engage in activities that typically involve animal testing, animal-derived ingredients, animal agriculture, or animal husbandry. Therefore, KPIs related to cruelty-free certification, alternative testing methods, humane certifications for operations, ethical input substitution, cage-free sourcing, animal testing policies and volume, innovation investment in animal-free technologies, animal agriculture ethics, and animal-free R&D collaboration are not applicable to its core business model. For wildlife conservation impact and public policy engagement, the articles provide only general commitments to biodiversity protection

and compliance with environmental laws, or engagement on unrelated topics like conflict minerals , without specific, measurable actions or advocacy directly related to animal welfare or habitat preservation outcomes.

No War, No Weapons

XP Power designs products specifically for defense and avionics applications, such as the MTC series of DC-DC converters, which are based on commercial off-the-shelf (COTS) components

, and the MCA200 DC-DC converter for military vehicles . A subsidiary received a $15,600 contract from the U.S. Navy in March 2024. The company states full compliance with sanctions, having ceased all business in Russia following the February 2022 invasion of Ukraine , and never having done business in North Korea . It also implemented additional controls to verify supply requests and works with authorities to prevent illegal diversion of products . XP Power commits to respecting human rights in accordance with international principles, including the UN Guiding Principles on Business and Human Rights . Furthermore, 100% of products' minerals come from verified conflict-free suppliers.

Planet-Friendly Business

XP Power Limited reported total Scope 1, 2, and 3 emissions of 0.361 M tCO2e in 2024, representing a 41% reduction from 2023.

The company's Science-Based Targets were approved by SBTi in February 2024, aligning with a 1.5°C pathway, with near-term targets for 2030 and a long-term net-zero target for 2040. All electricity in European operations is from renewable sources, and Energy Attribution Certificates cover 100% of non-EU electrical energy usage, resulting in zero market-based Scope 2 electricity emissions for 2024. Freshwater withdrawal in 2024 was 51,800 m3, equating to 167.56 m3 per $1M revenue. 55% of sales volume was included in the analysis boundary of its Product Carbon Rating Framework in 2024. The company's transition plan does not include the use of carbon credits. XP Power has not incurred any environmental fines in the last 12 months. The company fully adopts TCFD disclosures, integrating climate-related risk assessment into its risk management framework. Climate scenario analysis is conducted using IEA scenarios (Net Zero 2050, Stated Policies Scenario) and RCP 4.5 and RCP 8.5. The company does not operate in any regions with high water stress. The net-zero target year is 2040 with defined interim targets for 2030. One of its seven manufacturing facilities, the Vietnam site, is green certified to the BCA Gold Mark+. The company is in the early stages of enhancing supply chain engagement and understanding supplier carbon data, with no percentage of suppliers disclosing emissions yet. Biodiversity efforts include a policy and local area planting activities.

Respect for Cultures & Communities

XP Power reported no cultural appropriation incidents.

The company provides a grievance mechanism for employees, contractors, suppliers, other stakeholders, and communities, which is available 24/7 in each operational country and local language. Language inclusivity is supported through the translation of internal communications, the Employee Assistance Programme, and the whistleblowing service into local languages. The company has a framework for responding to cultural incidents, including a whistleblowing policy that addresses discrimination, and recorded five whistleblowing reports in 2024 with no human rights violation incidents reported. Furthermore, 96% of employees completed annual diversity training through the Code of Conduct training in 2024.

Safe & Smart Tech

A US subsidiary was found liable for misappropriation of trade secrets, resulting in a US$40 million damages award.

This incident reflects a significant gap in regulatory compliance and constitutes an unauthorized use of data. Despite this, the company reported no material incidents affecting operations as of October 2023. Furthermore, it provides users with comprehensive data control options, including rights to access, update, delete, restrict use, stop marketing, data portability, and object to the use of personal information, with requests typically processed within one month.

Zero Waste & Sustainable Products

XP Power Limited achieved a waste diversion rate of 72.34% in 2021.

The company has a 10% year-on-year waste intensity reduction target for all sites, though waste intensity increased from 2023. Waste is reported monthly. , and facilities undergo customer-managed audits that include waste aspects. Multiple waste reduction initiatives are in place, such as solder dross recycling with a 72% recovery rate in 2024, paper and packaging recycling, manufacturing waste recycling, and a Kunshan recycling program for waste pallets and rubber frames. In hazardous waste management, the company avoids hazardous substances in products, disposes of chemicals through certified third parties, provides appropriate personal protective equipment, and reported no environmental fines or reportable spills in 2021, 2023, and 2024. Circular design principles are integrated into product development, focusing on maximizing product lifespan, energy efficiency, and reducing component count. Comprehensive waste reduction and recyclability requirements are in place for all suppliers, including adherence to the Responsible Business Alliance Code of Conduct, with audits and disengagement for non-compliance.