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Industrials

Tennant Company (TNC)

Industrials $1.5B market cap

Data as of July 17, 2026

Environment
70.00
People
80.00
Leadership
78.00

Environment story

Tennant Company demonstrates commitment to sustainability through product innovation (e.g., detergent-free ec-H2O NanoClean, robotic cleaning equipment, ReadySpace rapid-drying technology) and a stated focus on creating 'a cleaner, safer and healthier world.' However, the company has not disclosed specific Scope 1, 2, or 3 greenhouse gas emissions data, renewable electricity percentages, or a quantified net-zero target date in the 10-K filing. Without verifiable emissions baselines and decarbonization pathways, environmental scoring reflects product design benefits offset by disclosure gaps and lack of science-based targets. No major environmental controversies identified in primary filing.

Criticisms on file

No material criticisms on file for this pillar.

Disclosed initiatives

  • Detergent-Free Cleaning Technology (ec-H2O NanoClean)
    Proprietary technology enabling cleaning without traditional chemical detergents, reducing water consumption and chemical waste.
    Reduces product-use-phase environmental footprint for end users; supports circular economy principles.
  • Robotic and Autonomous Cleaning Equipment Portfolio
    Expanding autonomous mechanized cleaning solutions to reduce labor intensity and enable 24/7 operations with lower energy intensity per cleaned area.
    Potential to optimize cleaning efficiency and reduce operational emissions for customers; supports transition to automation.
  • ReadySpace Rapid-Drying Carpet Cleaning Technology
    Proprietary carpet cleaning method that significantly reduces drying time, lowering water and energy use during maintenance.
    Reduces customer energy and water consumption during facility maintenance cycles.
  • Regional Manufacturing and Supply Chain Diversification
    Company operates 11 global manufacturing locations and employs sourcing strategies to mitigate tariff and geopolitical supply chain risks.
    May reduce transportation emissions through localized production; however, specific renewable energy or decarbonization investments not disclosed.

Social story

Tennant Company reports strong DEI metrics with women representing 50% of executive management and 33% of the Board as of December 31, 2025. Gender pay equity analysis (most recent assessment) found mean female total income at 99.4% of male mean, indicating no evidence of gender pay gap in the U.S. The company employs 4,484 employees globally with documented emphasis on safety culture, ethics training, and talent development. However, specific CEO-to-median-worker pay ratio, overall workforce diversity percentages by race/ethnicity, and union-related disclosures are absent from the 10-K filing. No documented union-suppression activities or major strikes within the last 24 months are noted. Supply chain ethics are addressed through a 'Supplier Core Expectations' policy emphasizing safe, ethical working conditions and human rights, but no third-party audit or specific human-rights hazard disclosures are evident.

Criticisms on file

No material criticisms on file for this pillar.

Disclosed initiatives

  • Gender Pay Equity Program
    Annual assessment of gender wage gap for U.S. employees controlling for title, grade, and work location. Most recent finding: mean total income for females at 99.4% of mean for males.
    Demonstrates commitment to pay equity; no evidence of gender-based pay discrimination.
  • Diversity, Equity, and Inclusion (DE&I) Strategy
    Company identifies as equal opportunity employer with focus on 'Thriving People' pillar; women represent 50% of executive management and 33% of Board.
    Above-average female representation in leadership; supports inclusive culture.
  • Employee Safety and Health Programs
    Established safety programs with experienced health and safety specialists; crisis management team provides global support. Employees empowered to stop work if hazard identified. Public and confidential reporting channels for safety concerns.
    Proactive safety culture reduces risk of workplace injuries and regulatory violations.
  • Code of Conduct and Ethics Training
    Annual Code of Conduct training for all employees; multiple reporting channels including dedicated ethics hotline (phone and online).
    Reinforces ethical standards and provides whistleblower protections.
  • Talent Development and Succession Planning
    Annual performance management process, on-demand eLearning, targeted live training, quarterly all-employee town halls, and annual talent and succession planning conversations.
    Supports employee retention and reduces turnover risk; addresses talent pipeline for key positions.
  • Supplier Core Expectations Policy
    Suppliers expected to adhere to policy focusing on safe, ethical working conditions and human rights.
    Extends social responsibility across supply chain; not yet independently audited.

Governance story

Tennant Company reports a Board composed of 33% women as of December 31, 2025, suggesting reasonable gender diversity but specific board independence percentage is not disclosed in the 10-K. The company operates a single-class common stock structure (no dual-class voting disclosed), supporting governance best practices. However, lobbying expenditures and political activity disclosures are absent from the 10-K. The company has disclosed a patent infringement litigation matter (Oxygenator Water Techs vs. Tennant Company, initiated November 2024, with damages judgment in September 2025 including compensatory and enhanced damages plus prejudgment interest), which represents a material governance/legal event. No antitrust, consumer-safety, or financial-fraud proceedings are disclosed. The company maintains Audit Committee oversight and internal control attestation per Sarbanes-Oxley Section 404(b). ERP system implementation disruptions in November 2025 raised internal control risks, though the company states core workflows have improved.

Criticisms on file

  • Patent Infringement Litigation: Oxygenator Water Techs vs. Tennant Company
    Source: TNC 10-K, SEC XBRL filings, Judicial Ruling Member disclosures (November 25, 2024 initiation; September 17, 2025 judgment with compensatory damages, enhanced damages, and prejudgment interest awarded).
  • ERP System Implementation Disruption (November 2025)
    Source: TNC 10-K Item 1A Risk Factors and MD&A Section on ERP System Implementation. System replacement in North America caused order-management, fulfillment, and production-scheduling disruptions; continued impacts into 2026. Stated that internal controls and reporting processes were disrupted and additional labor/support costs incurred.

Disclosed initiatives

  • Board Oversight and Committee Structure
    Company maintains Audit Committee and presents enterprise risk management (ERM) program at least annually to Board, Audit Committee, and management. Cybersecurity risk management integrated into broader ERM.
    Board-level governance of material risks; compliance with Sarbanes-Oxley Section 404(b) attestation.
  • Enterprise Risk Management (ERM) Program
    ERM program identifies, assesses, categorizes, and monitors risks including cybersecurity, operational, and strategic risks. Developed based on NIST standards and external best practices.
    Systematizes risk governance; annual reporting to Board and Audit Committee.
  • Cybersecurity Risk Management Integration
    Cybersecurity risk management embedded within ERM; includes employee training, multi-factor authentication, patch management, tabletop exercises, and third-party service provider engagement for monitoring and testing.
    Proactive cybersecurity governance; no material cybersecurity incidents or impairments to operations disclosed.
  • Internal Control Assessment
    Company conducts internal controls over financial reporting assessment and relies on independent registered public accounting firm attestation per Sarbanes-Oxley Section 404(b).
    Supports financial reporting integrity; ERP implementation in Q4 2025 created temporary control challenges now being addressed.

These are Missionomics' own editorial scores — directional signals built from disclosed facts under a published method, not certifications or definitive ratings of Tennant Company. 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 Tennant Company in the app for interactive charts and portfolio building.

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