Technology
Garmin Ltd. (GRMN)
Data as of July 13, 2026
Environment story
Garmin has not disclosed comprehensive Scope 1, 2, or 3 GHG emissions data in available filings. No net-zero target year is published. Without quantified baseline emissions, renewable energy percentage, or decarbonization infrastructure investments, environmental score reflects significant disclosure gaps and undocumented emissions management. The company receives penalization for absent Scope 3 disclosure (-15) and missing net-zero commitment (-15). No resource controversies, toxic waste incidents, or major environmental litigation identified in available sources.
Criticisms on file
No material criticisms on file for this pillar.
Disclosed initiatives
No disclosed initiatives on file for this pillar.
Social story
Garmin's social profile shows moderate governance maturity. The 2026 proxy discloses a CEO-to-median-worker pay ratio of 104:1, well below the 200:1 penalty threshold. No documented union-suppression activities, strikes, or labor litigation identified in the 24-month window. Board and executive diversity metrics are not explicitly disclosed in available filings, preventing precise leadership diversity scoring; absent specific disclosure, a conservative 30% threshold assumption is applied (-15 penalty). Supply-chain labor practices, cobalt/lithium sourcing policies, and human-rights audits are not detailed in the source documents. No major safety controversies or worker-safety metrics disclosed.
Criticisms on file
No material criticisms on file for this pillar.
Disclosed initiatives
No disclosed initiatives on file for this pillar.
Governance story
Garmin demonstrates solid governance infrastructure. The company operates a single-class share structure with no dual-class voting penalties. Board independence is disclosed at approximately 83% (6 of 7 directors noted as independent in proxy summary), exceeding the 75% threshold. No active antitrust proceedings, consumer-safety fines, or material regulatory enforcement actions are disclosed. Lobbying expenditures and climate-regulation targeting are not detailed in available filings. Ernst & Young LLP serves as independent auditor with no SEC consent decrees or compliance violations noted. Proxy materials indicate robust committee structure (Audit, Compensation, Nominating/Governance) and annual self-evaluations.
Criticisms on file
No material criticisms on file for this pillar.
Disclosed initiatives
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Board Independence & Oversight83% independent directors; annual board and committee self-evaluations; Audit, Compensation, and Nominating/Governance committees with independent leadership.Enhanced accountability and reduced conflict-of-interest risk.
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Code of Conduct & Insider Trading PolicyFormal code of conduct and insider trading policy disclosed in proxy; Section 16 compliance with 100% timely filing rate in FY2025.Compliance safeguard against securities violations and market abuse.
These are Missionomics' own editorial scores — directional signals built from disclosed facts under a published method, not certifications or definitive ratings of Garmin Ltd.. Coverage and confidence vary by data point, and figures can lag real-world changes. Read the full Methodology for sourcing, scoring, and correction details — or open Garmin Ltd. in the app for interactive charts and portfolio building.
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