Ethical Profile
Mixed.
Not enough information to create an ethical profile.
Quantum FinTech Acquisition Corporation.
QFTA.US | Activities of holding companies
Quantum FinTech Acquisition Corporation is a blank check company formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses. While the company may pursue an initial business combination t...Show More
Similar Companies
Value Scores
Better Health for All0
-100100
Fair Money & Economic Opportunity0
-100100
Fair Pay & Worker Respect0
-100100
Fair Trade & Ethical Sourcing0
-100100
Honest & Fair Business-60
-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
0
The provided articles discuss business transactions and announcements related to AtlasClear Holdings Inc.
1
and Sharps Technology. 2
None of the articles contain any information or data relevant to QFTA.US 3
or the ethical value of 'Better Health for All'. 4
Therefore, no KPIs can be scored based on the evidence provided.Fair Money & Economic Opportunity
0
The provided articles discuss Quantum FinTech Acquisition Corporation (QFTA.US) as a blank check company and its merger with AtlasClear Holdings, Inc. The content focuses on corporate overview, business strategy, and leadership changes. While one article mentions a strategic focus on the "underserved middle market," this is a forward-looking statement about market positioning rather than specific, quantitative data on current performance. No specific, quantitative data points or concrete actions related to financial products, customer demographics, pricing, fees, inclusion initiatives, data accessibility, regulatory compliance, wealth building outcomes, profit reinvestment, financial literacy, debt burden, geographic inclusion, or product simplicity were found for QFTA.US or its target business. Therefore, no KPIs can be scored based on the evidence provided.
Fair Pay & Worker Respect
0
No specific, concrete data points for Quantum FinTech Acquisition Corporation (QFTA.US) related to any of the Fair Pay & Worker Respect KPIs were found in the provided articles. The articles discuss general industry trends or data pertaining to 'Quantum Workplace', which is a different entity from QFTA.US.
Fair Trade & Ethical Sourcing
0
Quantum FinTech Acquisition Corporation (QFTA.US) is a blank check company intending to focus on the financial technology industry. The provided articles pertain to AtlasClear Holdings, Inc., which is described as a financial services platform. Companies in the financial technology or financial services sector typically do not procure or trade physical commodities, nor do they have traditional supply chains that involve manufacturing or material sourcing. Therefore, the KPIs related to fair trade certifications, supply chain audits, forced/child labor incidents, traceability, remediation of sourcing violations, ethical clauses in supplier contracts for physical goods, high-risk materials, and supplier diversity spend for physical inputs are not applicable to this type of business model. Based on the company's stated nature, all relevant KPIs are assigned a score of 0 (N/A).
Honest & Fair Business
-60
The company is restating financial statements for four periods in 2021 (February 9, March 31, June 30, and September 30).
1
This was due to an error in the accounting classification of redeemable shares of common stock, in response to comments from the U.S. Securities and Exchange Commission (SEC). 2
The company also identified a material weakness in its internal control over financial reporting related to complex financial instruments. 3
, with additional material weaknesses noted in the first and second quarters of 2021. 4
Disclosure controls and procedures were ineffective as of September 30, 2021. 5
For supplier compliance, the company explicitly states that no third-party audits are currently used. 6
, with validation relying on internal employee education, facility visits, and business reviews. 7
An external hotline is available for reporting concerns. 8
Kind to Animals
0
QFTA.US is a financial technology company listed by CrueltyFreeInvesting.org as having 'No Animal Exploitation.'
1
This indicates its operations do not involve animal testing, animal-derived products, or animal husbandry. Therefore, KPIs such as cruelty_free_cert_share, alt_testing_usage, humane_cert_ops_pct, wildlife_conservation_impact, ethical_input_sub_pct, supplier_audit_pct, cage_free_source_pct, animal_testing_policy, animal_testing_volume, innovation_investment_pct, animal_agriculture_ethics, animal_free_rd_collaboration, and public_policy_engagement are not applicable to its core business. Additionally, the company offers a debit card that provides cash back on pet purchases, with an option for cardholders to donate rewards to feed animals in shelters. 2
No War, No Weapons
0
No specific evidence was found in the provided articles regarding QFTA.US's involvement in arms manufacturing, military contracts, dual-use technology, sales to embargoed regimes, peacebuilding initiatives, or any other activities relevant to the 'No War, No Weapons' ethical value. The articles discuss general topics related to dual-use technology and defense contractors but do not provide any quantitative data or specific actions pertaining to QFTA.US for any of the defined KPIs.
Planet-Friendly Business
0
The provided articles, which summarize Quantum's FY2023 ESG Report, explicitly state that no specific quantitative data is available for any of the listed metrics
1
. While the report mentions general efforts such as "reducing and offsetting our carbon footprint" 2
and working with "ISO 14001 compliant partners" 3
, it does not provide numerical details, specific targets, or outcomes required to score any of the Planet-Friendly Business KPIs 4
. Therefore, all KPIs are omitted due to a lack of concrete evidence 5
.Respect for Cultures & Communities
0
No specific data points or evidence regarding QFTA.US's respect for cultures and communities, community engagement, cultural impact assessments, or related metrics were found in the provided articles. The articles discuss general workplace diversity, regulatory oversight in Fintech, or refer to a different company named 'Quantum', none of which provide actionable evidence for the specified KPIs. , while about QFTA.US, explicitly states a lack of data on community engagement or cultural impact assessments.
1
Safe & Smart Tech
0
The provided articles discuss general trends, challenges, and technologies within the financial technology and quantum computing industries, including topics like data breaches, AI ethics, cybersecurity investments, and regulatory compliance. However, none of the articles contain specific, concrete information or data points pertaining to Quantum FinTech Acquisition Corporation (QFTA.US) itself. As a blank check company, QFTA.US's operational data for these metrics is not available in the provided evidence. Therefore, no KPIs can be scored.
Zero Waste & Sustainable Products
0
No information regarding Quantum FinTech Acquisition Corporation (QFTA.US) was found in the provided articles. The articles discuss Quantum Organics, Circular Services, and Closed Loop Partners, which are involved in waste management and recycling. However, the articles do not link these entities or their operations to QFTA.US, which is described as a blank check company intending to focus on financial technology. Therefore, no assessment can be made against the Zero Waste & Sustainable Products value for QFTA.US based on the given evidence.
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