Fulgent Genetics, Inc..
FLGT.US | Research and experimental development on natural sciences and engineering
Fulgent Genetics, Inc. is a technology company that provides comprehensive genetic testing services. The company offers a broad range of customizable and cost-effective genetic tests, including single-gene tests, panels, and whole-genome sequencing. These tests are used by physicians and patients fo...Show More
Better Health for All
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No relevant evidence was found in the provided articles to assess Fulgent Genetics, Inc. against the 'Better Health for All' ethical value. The articles either discuss an unrelated market or are unavailable.
Fair Money & Economic Opportunity
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Fulgent Genetics (FLGT.US) is a technology company that provides genetic testing services.
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The ethical value 'Fair Money & Economic Opportunity' assesses activities related to lending, insuring, moving, or storing money. The provided articles do not contain evidence that Fulgent Genetics offers financial products or services such such as lending, deposits, or insurance to consumers.
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Therefore, all KPIs related to financial products, pricing, fees, debt, and financial literacy are not applicable to the company based on the available information.
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Fair Pay & Worker Respect
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For the 2023 fiscal year, Fulgent Genetics, Inc. reported a CEO-to-median employee pay ratio of 83:1.
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The CEO's total compensation was $5,309,167, while the median employee compensation was $63,924.
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The company's overall employee retention rate in 2023 was 71%, excluding acquired entities, which indicates a voluntary turnover rate of 29%.
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Fair Trade & Ethical Sourcing
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No quantitative data related to Fulgent Genetics, Inc.'s fair trade and ethical sourcing practices, supplier audits, forced/child labor incidents, supply chain traceability, remediation speed, ethical clause coverage in contracts, materials risk, or supplier diversity spend is provided in the available article.
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The article mentions the creation of a formal Supplier Code of Conduct and Modern Slavery Statement in 2022, along with a supplier questionnaire, but offers no specific metrics or percentages for any of the relevant KPIs.
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Honest & Fair Business
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No information could be extracted from the provided articles, as the content for all articles was missing.
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The articles explicitly state that the request was auto-throttled and the actual text is unavailable.
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Therefore, no assessment against the 'Honest & Fair Business' value could be made for any KPI.
Kind to Animals
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The provided article focuses exclusively on Fulgent Genetics's genetic testing services for patient care.
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It contains no information, data, or policies related to animal welfare, animal testing, animal-derived ingredients, humane practices, or conservation initiatives.
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Therefore, no KPIs under the 'Kind to Animals' value can be scored based on the evidence provided.
No War, No Weapons
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No evidence available to assess Fulgent Genetics, Inc. on No War, No Weapons.
Planet-Friendly Business
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No evidence available to assess Fulgent Genetics, Inc. on Planet-Friendly Business.
Respect for Cultures & Communities
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No evidence available to assess Fulgent Genetics, Inc. on Respect for Cultures & Communities.
Safe & Smart Tech
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Fulgent Genetics, through its subsidiary CSI Laboratories, experienced two data breaches in March and July, affecting a total of 556,850 individuals.
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The company states it complies with HIPAA and various state privacy laws, and also with GDPR for EEA/UK/Switzerland.
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Users can update, view, and delete personal information through their accounts or by contacting the company, and have rights to access, rectification, erasure, objection, restriction, and data portability.
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The company aims to retain data for the necessary time, with shorter periods for sensitive data.
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Fulgent Genetics uses industry-standard tools like firewalls and encryption.
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The company conducts regular mandatory cybersecurity training for employees, annual training for board and senior management, and phishing simulations.
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It also performs vulnerability assessments, penetration testing, and regular network and endpoint monitoring.
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The company's cybersecurity program is integrated into its enterprise risk management system.
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Zero Waste & Sustainable Products
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No specific, quantitative data was found in the provided articles regarding Fulgent Genetics' performance on waste diversion, product recyclability, packaging sustainability, recycled content, single-use plastic reduction, take-back programs, circular design, waste reduction initiatives, hazardous waste management, product durability, repairability, waste audit frequency, zero waste certification, waste disposal violations, material efficiency, packaging-to-product ratio, waste reduction targets, supplier waste requirements, or customer waste education.
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