MASHINIi

Alset Inc..

AEI.US | Real estate activities with own or leased property

Alset Inc., formerly known as HF Enterprises Inc., is a diversified holding company with a focus on real estate development, property management, and technology-related investments. The company's real estate activities include acquiring, developing, and managing residential and commercial properties...Show More

Ethical Profile

Mixed.

Assessing Alset Inc.'s ethical standing reveals a significant lack of detailed public information across many key areas. While its biohealth segment reported zero revenue in 2024, the company has an agreement with Puradigm for air and surface purification solutions. However, specific data on the impact, accessibility, or health outcomes of this initiative is not available. Similarly, comprehensive information on fair pay, worker respect, ethical sourcing, environmental performance, or community engagement is largely absent. Critics might point to this overall lack of transparency as a concern, especially given Alset's diverse operations in real estate, biohealth, and financial services, which present varying ethical risks.

Value Scores

Better Health for All0
-100100
Fair Money & Economic Opportunity0
-100100
Fair Pay & Worker Respect0
-100100
Fair Trade & Ethical Sourcing0
-100100
Honest & Fair Business0
-100100
Kind to Animals0
-100100
No War, No Weapons0
-100100
Planet-Friendly Business-70
-100100
Respect for Cultures & Communities0
-100100
Safe & Smart Tech0
-100100
Zero Waste & Sustainable Products-30
-100100

Better Health for All

0

Alset Inc.'s primary operations are in real estate

1
, which generally has a neutral direct health impact. The company's 'Biohealth' segment generated $0.00 million in revenue in 2024
2
, and while 'digital health' initiatives are mentioned, no specific products, services, or revenue figures are provided. The company entered an agreement to include Puradigm air and surface purification solutions in its 'EHomes', which demonstrated high rates of SARS-CoV-2 inactivation and reduction in bacterial/viral growth.
3
This technology serves as a preventative health measure and is relevant to global health crisis response.
4
However, the proportion of EHomes within Alset's total real estate portfolio or overall revenue is not specified, making it impossible to quantify the net health effect, the extent of preventative health measures, or the scale of global health crisis response across the company's principal goods or services. No other specific data points are available to assess the company against the provided KPIs for 'Better Health for All'.

Fair Money & Economic Opportunity

0

Alset Inc. (AEI.US) is a diversified holding company primarily focused on real estate development, property management, and technology investments. The provided articles do not contain specific, concrete evidence that AEI.US directly offers consumer lending, deposit services, or other financial products that would fall under the scope of the 'Fair Money & Economic Opportunity' value. While some articles mention initiatives by subsidiaries or partners, these relate to legal services

1
, transportation solutions
2
, or investment management for professional investors
3
, rather than consumer financial inclusion or fair financial services. Therefore, there is no applicable evidence to score any of the KPIs for this value.

Fair Pay & Worker Respect

0

As of April 14, 2021, Alset Inc. had 22 full-time employees, none of whom were represented by any collective bargaining unit.

1
There is no evidence of active union-busting tactics, black-listing, or anti-union memos.

Fair Trade & Ethical Sourcing

0

No specific, concrete evidence was found in the provided articles regarding Alset Inc.'s (AEI.US) performance across any of the Fair Trade & Ethical Sourcing KPIs. The articles either discuss a different company (ASE Technology Holding Co., Ltd.) or provide general information about fair trade certification without mentioning Alset Inc.

1

Honest & Fair Business

0

No evidence available to assess Alset Inc. on Honest & Fair Business.

Kind to Animals

0

No evidence available to assess Alset Inc. on Kind to Animals.

No War, No Weapons

0

Alset Inc.'s primary operations are in real estate development, property management, and technology investments, specifically electric vehicle technologies and AI.

1
There is no evidence in the provided articles to suggest any involvement in arms manufacturing, military contracts, or conflict facilitation. The company's described business model does not include weapons, defense, or related activities, indicating no revenue from arms contracts and no exposure to controversial weapons.

Planet-Friendly Business

-70

Alset Inc. reported total Scope 1 and 2 GHG emissions of 123.19 tCO₂e for FY2024, a 15.5% decrease from 145.79 tCO₂e in FY2023.

1
However, the company plans to evaluate the need to quantify Scope 3 emissions in subsequent reports, meaning Scope 3 is currently excluded.
2
The company has set a target to reduce Scope 1 and 2 emissions by 5% per year from the FY2023 base year, but these targets are not SBTi-validated.
3
For FY2024, there were no incidents of non-compliance with environmental legal and regulatory requirements.
4
The company aligns with the TCFD framework but plans to incorporate scenario analysis in subsequent reports.
5
Alset Solar, a wholly-owned subsidiary, focuses on developing utility-scale solar farms on polluted or underutilized properties, including brownfield and EPA Superfund sites.
6
The company is exploring sustainability initiatives for its Hapi Cafe, including offering incentives for reusable cups, partnering with local suppliers, and implementing food waste reduction strategies.
7
It also promotes reusing and recycling at all project sites and is working towards using eco-friendly packaging for its F&B business.
8
The company conserved a historic farmhouse and performed archaeological digs during a property project.
9

Respect for Cultures & Communities

0

The provided sustainability reports for Alset Inc. (AEI.US) for fiscal years 2021, 2023, and 2024, as well as a general summary of reports from 2018-2024, consistently state the absence of specific quantitative data or detailed information relevant to any of the KPIs for 'Respect for Cultures & Communities'.

1
This includes formal partnerships with indigenous or local community groups, revenue reinvestment in local communities, cultural appropriation incidents, cultural impact assessments, local employment ratios, grievance mechanisms, FPIC participation rates, community governance inclusion, cultural preservation investment, local procurement, indigenous supplier counts, cultural site protection, social license to operate, charitable giving to cultural heritage organizations, community fund allocation, language inclusivity, cultural incident response, and cultural training completion.
2

Safe & Smart Tech

0

The company has reported no material cybersecurity incidents impacting its operations or financials.

1
Furthermore, there have been no reported incidents of unauthorized data use.
2

Zero Waste & Sustainable Products

-30

EPL's Platina™Tubes are 100% recyclable and certified by the Association of Plastic Recyclers (APR) in the US and RecyClass in Europe.

1
For EPL's tubes, recycled content in the shoulder material (HDPE) can be up to 75%, and in the sleeve, it can be up to 55%.
2
The company has implemented material weight optimization initiatives, leading to plastic savings of 7 to 12 tonnes per 1 million tubes.
3
EPL promotes circular economy principles by using recycled plastic in its ETAINTM rPE product range and developing tubes according to Design4Recycling Guidelines.
4
The Group's F&B business is exploring food waste reduction strategies, such as donating unsold food or using surplus ingredients creatively, and Hapi Cafe is exploring offering incentives for customers to bring their own cups or containers.
5
The company has a goal to reduce GHG emissions by 30% by 2030.
6
EPL focuses on onboarding sustainable suppliers and promotes sustainable and diverse procurement practices.
7
The Group reported no waste disposal violations in FY2024 and no non-compliance notifications related to legal and regulatory requirements in FY2024.
8
EPL integrates a Harmonized Manufacturing Policy to reduce waste and implements a 3R strategy (Reduce, Reuse, Recycle).
9

Own Alset Inc.?

Upload your portfolio and see how all your holdings score across 11 ethical dimensions.

Audit My Portfolio

AI-generated analysis based on publicly available data. Not financial advice. Ratings are expressions of opinion derived from automated models and may contain inaccuracies. See our Risk Disclosure for full details.