Singularity Future Technology Ltd..
SGLY.US | Wholesale of computers, computer peripheral equipment and software
Singularity Future Technology Ltd., formerly Sino-Global Shipping America, Ltd., is a technology company focusing on blockchain technology, cryptocurrency mining, and logistics solutions. The company is involved in the design, development, and distribution of cryptocurrency mining equipment. It also...Show More
Better Health for All
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No evidence available to assess Singularity Future Technology Ltd. on Better Health for All.
Fair Money & Economic Opportunity
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No evidence available to assess Singularity Future Technology Ltd. on Fair Money & Economic Opportunity.
Fair Pay & Worker Respect
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No specific, concrete data points or facts regarding SGLY.US's performance on fair pay, worker respect, safety, or related labor practices were found in the provided articles. All articles were either unavailable due to broken links or 404 errors
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, or discussed unrelated industries without mentioning SGLY.US.
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Fair Trade & Ethical Sourcing
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No evidence available to assess Singularity Future Technology Ltd. on Fair Trade & Ethical Sourcing.
Honest & Fair Business
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Singularity Future Technology Ltd. incurred a $350,000 ethics-related regulatory fine for financial misstatements.
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The fine was resolved on January 22, 2025.
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The SEC issued a cease-and-desist order for financial reporting, accounting, books and records, and internal controls violations, requiring the company to remediate material weaknesses in internal controls and disclosure deficiencies by June 30, 2026.
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The company's 2021 Form 10-K and 2021 Form 10-Qs were restated to correct financial misstatements.
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Allegations of a potential Ponzi scheme, misappropriation of assets, false and misleading statements, related party transactions, and inadequate internal controls led to governmental investigations and potential NASDAQ delisting.
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Kind to Animals
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Singularity Future Technology Ltd. (SGLY) is a technology company focused on AI, blockchain, and logistics.
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The provided evidence explicitly states that all animal welfare-related KPIs, including cruelty-free certification, animal testing, humane operations, wildlife conservation, ethical input substitution, supplier audits, cage-free sourcing, animal testing policy and volume, innovation investment in animal-free technologies, animal agriculture ethics, animal-free R&D collaboration, and public policy engagement, are 'Not applicable' to the company's business model.
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No War, No Weapons
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No specific, concrete evidence was found in the provided articles regarding SGLY.US's involvement in arms manufacturing, military contracts, dual-use technologies, sales to embargoed regimes, peacebuilding investments, or any other defense-related activities. The article specifically about SGLY.US () explicitly states it does not contain data relevant to 'No War, No Weapons' metrics, focusing instead on freight logistics and crypto-mining machine sales.
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Planet-Friendly Business
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No specific, concrete data points for any of the Planet-Friendly Business KPIs were found in the provided articles. The articles primarily focus on the financial and operational aspects of Singularity Future Technology Ltd.'s Bitcoin mining joint venture, including planned investment, mining site capacity, and energy consumption per miner.
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However, they explicitly state that no information related to environmental, social, or governance (ESG) factors, such as emissions, renewable energy use, water consumption, waste diversion, or environmental compliance, is available.
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Respect for Cultures & Communities
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No specific, quantitative data points were found in the provided articles to assess Singularity Future Technology Ltd. against any of the KPIs for 'Respect for Cultures & Communities'. Article 0 provides a PESTLE analysis with general social factors related to AI, but no company-specific actions or metrics on community engagement or cultural respect.
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Article 1, which focuses on social responsibility, explicitly states it lacks specific quantitative data related to the requested metrics for 'Respect for Cultures & Communities'.
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Safe & Smart Tech
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As of October 15, 2024, the company reported no material cybersecurity incidents or threats.
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The privacy policy, last updated September 19, 2022, states that personal data is retained as long as necessary to comply with legal obligations, resolve disputes, and enforce agreements, with usage data generally retained for a shorter period.
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The company collects personal data including email, name, phone, and various usage and mobile device data.
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It states it will take all steps reasonably necessary to ensure data is treated securely and in accordance with its privacy policy, and that data transfers will only occur if adequate controls are in place for data security.
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The company also mentions it will retain personal data to comply with legal obligations, but does not specify which regulations or jurisdictions it complies with.
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Zero Waste & Sustainable Products
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The provided articles do not contain any quantitative data or specific details regarding SGLY.US's waste reduction, product recyclability, packaging sustainability, or other relevant metrics for the 'Zero Waste & Sustainable Products' value.
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One article describes waste-to-energy technology from a related entity, Singularity Energy Technologies, but does not link this technology or its performance to SGLY.US's operations or products.
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