MASHINIi

NANOCO GROUP PLC.

NANO.LSE | Manufacture of basic chemicals

NANOCO GROUP PLC is a United Kingdom-based company that researches, develops, and manufactures cadmium-free quantum dots and other nanomaterials. Quantum dots are semiconductor nanocrystals that exhibit unique optical and electronic properties due to their size. Nanoco's quantum dots are used in a v...Show More

Ethical Profile

Mixed.

Nanoco Group PLC holds a 'Mixed' ethical rating. A key strength is its focus on cadmium-free quantum dots, inherently reducing toxicity risks for health and the environment. These advanced nanomaterials, used in displays, lighting, and bio-imaging, offer potential health benefits in diagnostics. As a UK-based manufacturer, Nanoco's operations are subject to stringent labor regulations, requiring fair pay and robust safety protocols, particularly given the nature of nanomaterial handling. While comprehensive data is limited across many ethical areas, the company's commitment to cadmium-free materials indicates an awareness of responsible sourcing and planet-friendly practices.

Value Scores

Better Health for All10
-100100
Fair Money & Economic Opportunity0
-100100
Fair Pay & Worker Respect60
-100100
Fair Trade & Ethical Sourcing0
-100100
Honest & Fair Business-20
-100100
Kind to Animals0
-100100
No War, No Weapons0
-100100
Planet-Friendly Business0
-100100
Respect for Cultures & Communities0
-100100
Safe & Smart Tech0
-100100
Zero Waste & Sustainable Products0
-100100

Better Health for All

10

Nanoco's core products are cadmium-free quantum dots, which avoids the use of cadmium, a toxic chemical effectively banned from most consumer products.

1
The company is actively researching and developing quantum dot nanoparticles for cancer imaging and detection
2
, aiming to improve diagnosis, treatment, and cure rates for pancreatic, skin, and breast cancers.
3
This includes projects like VIVODOTS™ nano-devices for pancreatic cancer
4
and efforts for early detection of skin cancer, potentially reducing diagnosis time from 3 months to 1-2 days.
5
Nanoco has reported no externally reportable incidents in any category in the last five years
6
, and all safety tests for their new quantum dots have proven their benign nature.
7
While Nanoco's cadmium-free quantum dots mitigate environmental and health risks, their first generation HEATWAVE® QDs contain lead, a heavy metal with potential environmental harm, which is under increased external scrutiny.
8
For its employees, Nanoco has a comprehensive wellbeing strategy with a particular focus on mental health
9
, including Mental Health Awareness Week, mindfulness sessions, two trained mental health first aiders
10
, and an employee assistance program offering telephone and face-to-face counselling.
11
The company's products are materials and components, not direct health products for end-users, and it does not collect or manage health-related data, nor is it a pharmaceutical or food company.

Fair Money & Economic Opportunity

0

No evidence available to assess NANOCO GROUP PLC on Fair Money & Economic Opportunity.

Fair Pay & Worker Respect

60

Nanoco Group plc is a Living Wage Employer, ensuring all employees earn a wage sufficient to live on.

1
The company has maintained an excellent safety record with no externally reportable incidents in any category over the last five years.
2
The median gender pay gap for employees (excluding Directors) is -24%, meaning women earn £1.24 for every £1.00 earned by men.
3
An average employee engagement score of 82% was recorded in May 2024.
4
In November 2023, a health insurance scheme was introduced, open to all employees.
5
The company has had no externally reportable incidents in any category in the last five years, which includes labor-law or human-rights violations.
6

Fair Trade & Ethical Sourcing

0

No evidence available to assess NANOCO GROUP PLC on Fair Trade & Ethical Sourcing.

Honest & Fair Business

-20

The company's Board consists of eight directors, five of whom are independent.

1
, representing 62.5% of the board.
2

Kind to Animals

0

No evidence available to assess NANOCO GROUP PLC on Kind to Animals.

No War, No Weapons

0

No evidence available to assess NANOCO GROUP PLC on No War, No Weapons.

Planet-Friendly Business

0

No evidence available to assess NANOCO GROUP PLC on Planet-Friendly Business.

Respect for Cultures & Communities

0

No evidence available to assess NANOCO GROUP PLC on Respect for Cultures & Communities.

Safe & Smart Tech

0

No evidence available to assess NANOCO GROUP PLC on Safe & Smart Tech.

Zero Waste & Sustainable Products

0

No evidence available to assess NANOCO GROUP PLC on Zero Waste & Sustainable Products.

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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.