Neo Performance Materials IncNeo Performance Materials Inc - ESG Rating & Company Profile powered by AI

Industry Group:Specialty Chemicals

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Neo Performance Materials Inc in the Specialty Chemicals industry gained a UN SDG ESG Transparency Score of 7.5; made up of an environmental score of 8.0, social score of 8.0 and governance score of 6.4.

SDG Transparency Score for Neo Performance Materials Inc 
Low
0 - 3
Medium
4 - 6

7.5

High Impact
7 - 10
Last Score Update: 2024-05-01
What drives the score for Neo Performance Materials Inc 
8.0

Environmental

8.0

Social

6.4

Governance

Detailed ESG Breakdown
SEVVA Platform offers unique drill down to the underlying sources powering the ratings. Break down your ESG analysis by 17 UN SDGs and 8 additional governance factors.

Peer Group Comparison

RankCompanySDG Transparency Score Performance
1Cemedine Co Ltd
8.0
High
1Chemical and Allied Products PLC
8.0
High
47Aksa Akrilik Kimya Sanayii AS
7.6
High
47Sumitomo Bakelite Co Ltd
7.6
High
49Neo Performance Materials Inc
7.5
High
49Chemcon Speciality Chemicals Ltd
7.5
High
49Advanced Enzyme Technologies Ltd
7.5
High
.........
379Zhuzhou Feilu High-Tech Materials Co Ltd
0.0
Low
379Zibo Qixiang Tengda Chemical Co Ltd
0.0
Low
.........
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Peer Companies Benchmark
SEVVA Platform benchmarks each company against a peer group. View the full score distribution for peers by logging into SEVVA

Frequently Asked Questions

Does Neo Performance Materials Inc have an accelerator or VC vehicle to help deliver innovation?

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Does Neo Performance Materials Inc disclose current and historical energy intensity?

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Does Neo Performance Materials Inc report the average age of the workforce?

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Does Neo Performance Materials Inc reference operational or capital allocation in relation to climate change?

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Does Neo Performance Materials Inc disclose its ethnicity pay gap?

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Does Neo Performance Materials Inc disclose cybersecurity risks?

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Does Neo Performance Materials Inc offer flexible work?

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Does Neo Performance Materials Inc have a long term incentive (LTI) executive compensation plan based on a measure of return on capital?

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Does Neo Performance Materials Inc disclose the number of employees in R&D functions?

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Does Neo Performance Materials Inc conduct supply chain audits?

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Does Neo Performance Materials Inc disclose incidents of non-compliance in relation to the health and safety impacts of products and services?

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Is there a statment that there is no plan to expand their cement production? (for example: 'We have no current plans to add additional cement making capacity')

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Does Neo Performance Materials Inc conduct 360 degree staff reviews?

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Does Neo Performance Materials Inc disclose the individual responsible for D&I?

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Does Neo Performance Materials Inc disclose current and historical air emissions?

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Is there a statment that there is no plan to expand their coal usage? (for example: 'We have no current plans to add additional coal powered electricity generation')

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Is executive remuneration linked to climate performance?

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Does the Board describe its role in the oversight of climate-related risks and opportunities?

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Does Neo Performance Materials Inc disclose current and / or historical scope 2 emissions?

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Does Neo Performance Materials Inc disclose water use targets?

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Does Neo Performance Materials Inc have careers partnerships with academic institutions?

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Did Neo Performance Materials Inc have a product recall in the last two years?

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Does Neo Performance Materials Inc disclose incidents of discrimination?

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Does Neo Performance Materials Inc allow for Work Councils/Collective Agreements to be formed?

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Has Neo Performance Materials Inc issued a profit warning in the past 24 months?

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Does Neo Performance Materials Inc disclose parental leave metrics?

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Does Neo Performance Materials Inc disclose climate scenario or pathway analysis?

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Does Neo Performance Materials Inc disclose current and / or historical scope 1 emissions?

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Are Operating Expesnses linked to emissions reduction?

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Does Neo Performance Materials Inc disclose the pay ratio of women to men?

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Does Neo Performance Materials Inc support suppliers with sustainability related research and development?

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Does Neo Performance Materials Inc disclose the number of operations that have been subject to human rights reviews or human rights impact assessments?

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Does Neo Performance Materials Inc reflect climate-related risks in its financial statements?

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Is there a statment that there is no plan to expand their carbon intensite energy assets? (for example: 'We have no current plans to carry out further drilling for oil,')

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Is Neo Performance Materials Inc involved in embryonic stem cell research?

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Does Neo Performance Materials Inc disclose GHG and Air Emissions intensity?

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Does Neo Performance Materials Inc disclose its waste policy?

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Does Neo Performance Materials Inc report according to TCFD requirements?

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Does Neo Performance Materials Inc disclose its policies for bribery, corruption, whistle-blower, conflict of interest?

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Does Neo Performance Materials Inc disclose energy use targets?

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Does Neo Performance Materials Inc disclose its Renewable Energy targets?

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Are emissions metrics verified by STBi?

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Does Neo Performance Materials Inc have a policy relating to cyber security?

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Potential Risks for Neo Performance Materials Inc
These potential risks are based on the size, segment and geographies of the company.

Neo Performance Materials Inc. manufactures and sells rare earth, magnetic powders, magnets, and rare metal-based functional materials in Canada and internationally. The company operates in three segments: Magnequench, Chemicals and Oxides, and Rare Metals. The Magnequench segment produces magnetic powders that are used in bonded and hot deformed fully dense neodymium-iron-boron magnets. Its powders are used in the production of bonded permanent magnets that are components in automotive motors, micro motors, traction motors, sensors, and other applications. The Chemicals and Oxides segments manufactures and distributes a range of industrial materials for use in auto catalysts, petroleum refining and other chemical catalysts, magnets, hybrid and electric vehicles, water treatment, consumer electronics, and other applications. The Rare Metals segment sources, produces, reclaims, refines, and markets high-temperature metals that include tantalum, niobium, hafnium, and rhenium; and electronic metals, such as gallium and indium. Its products are applied in super alloys for jet engines, medical imaging, wireless technologies, and LED lightings, as well as flat panel displays, solar, steel additives, batteries, and electronic applications. The company was founded in 1994 and is headquartered in Toronto, Canada.

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