Quantum Computing Inc..
QUBT.US | Computer programming activities
Quantum Computing Inc. (QCI) is a technology company focused on developing and commercializing quantum computing solutions. It provides access to quantum computing resources and develops software and hardware designed to solve complex computational problems. QCI's offerings include quantum software ...Show More
Better Health for All
20
Quantum Computing Inc. (QCI) develops and commercializes quantum computing solutions that are entirely focused on health improvement. Its technologies are applied to revolutionize disease diagnosis, treatment development, and patient outcomes, with demonstrated improvements in areas like tumor classification accuracy (from 77% to 84%), lung cancer detection (92% accuracy vs. 89% classical), and prostate cancer detection (100% sensitivity, a 7% increase).
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The company's products are designed to be accessible and affordable, operating at room temperature and low power, with the potential to make biomedical innovation more globally accessible and reduce healthcare costs by minimizing ineffective treatments.
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QCI's work also aims to support equitable health outcomes in resource-limited settings and accelerate the development of diagnostics and therapeutics for neglected diseases.
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Furthermore, quantum methods have the potential to reduce energy consumption and runtime in data-intensive clinical workflows.
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The company's focus on preventative health is evident as its technologies can enable precision medicine to move from reactive to proactive and predictive, informing early interventions.
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While the company's core business is dedicated to health, there are noted ethical concerns regarding privacy, informed consent, and potential biases in AI/ML models, as well as the need for regulatory frameworks, which are not directly addressed by QCI's specific actions.
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Fair Money & Economic Opportunity
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No evidence available to assess Quantum Computing Inc. on Fair Money & Economic Opportunity.
Fair Pay & Worker Respect
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No evidence available to assess Quantum Computing Inc. on Fair Pay & Worker Respect.
Fair Trade & Ethical Sourcing
0
No evidence available to assess Quantum Computing Inc. on Fair Trade & Ethical Sourcing.
Honest & Fair Business
-20
Quantum Computing Inc. (QUBT) demonstrates mixed signals regarding honest and fair business practices. On the negative side, the company filed amended annual reports on Form 10-K/A for 2022 and 2023, citing changes related to purchase accounting, stock-based compensation, and other financial items
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,
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. Additionally, a securities law violation lawsuit alleges that QUBT issued materially false and/or misleading statements regarding its quantum computing technologies and related business dealings
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. The SEC also conducted a prolonged review of QUBT, lasting 508 days, with unusual comment patterns
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. On the positive side, QUBT has a formal whistleblower reporting policy with multiple reporting channels
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,
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, and a detailed anti-corruption policy covering various international anti-corruption laws
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,
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. Considering these factors, a score of -20 is assigned, reflecting the presence of some governance structures but also the concerns raised by the financial restatements and the securities lawsuit. The absence of data on key metrics like regulatory fines, transparency index, and third-party verification limits a more precise assessment.
Kind to Animals
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Quantum Computing Inc. (QUBT.US) is a technology company focused on developing and commercializing quantum computing solutions, including software and hardware.
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Its core business model does not involve animal-derived products, animal testing, animal agriculture, or direct impact on wildlife habitats.
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Therefore, all KPIs related to animal welfare practices are not applicable to the company's direct operations. While quantum computing technology, in general, is noted for its potential to reduce animal testing in pharmaceutical research through enhanced molecular simulations and toxicity prediction, there is no specific evidence that QUBT.US itself invests a defined percentage of its R&D budget in developing animal-free technologies or actively participates in related multi-stakeholder initiatives.
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No War, No Weapons
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No evidence available to assess Quantum Computing Inc. on No War, No Weapons.
Planet-Friendly Business
-40
In CY2022, the company's total Scope 1, 2, and 3 greenhouse gas emissions were 32,145 tCO2e.
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The company strives to reach the Climate Pledge net-zero carbon emissions standard by 2040, but no SBTi-validated targets are reported.
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In FY23, the company reported $0 fines for regulatory violations.
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A net-zero target year of 2040 has been set.
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The company aligns its disclosures with the Task Force for Climate-Related Financial Disclosures (TCFD) reporting criteria, and a TCFD Index is provided in its report.
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Climate scenario analysis is conducted using IEA's SDS and NZE scenarios.
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The company planted more than 11,500 trees in areas impacted by drought, deforestation, and wildfire.
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The company increased the scope of Scope 3 data received from its supply chain, including 15 additional key suppliers, contract manufacturers, and freight forwarders in carbon footprint calculations and reporting in CY2022.
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Approximately 89% of available water use data comes from landlord utility charge passthroughs and may not represent actual operations.
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Respect for Cultures & Communities
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The provided articles focus exclusively on Quantum Computing Inc.'s technology, product development, commercialization efforts, and financial results.
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They do not contain any specific data or information related to the company's engagement with local or indigenous communities, cultural impact assessments, community investments, employment ratios, grievance mechanisms, or any other metrics relevant to the 'Respect for Cultures & Communities' value.
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Safe & Smart Tech
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QUBT.US encrypts payment transactions.
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The company's privacy policy states that users can request access, correction, or deletion of their personal information.
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Zero Waste & Sustainable Products
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The provided articles discuss Quantum Computing Inc.'s technology, foundry services, and partnerships.
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However, they do not contain any specific data, metrics, or initiatives related to waste diversion, product recyclability, packaging sustainability, waste reduction targets, or any other zero-waste or sustainable product practices.
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Therefore, no KPIs can be scored based on the given evidence.