MASHINIi

SHELLY GROUP PLC.

SLYG.XETRA | Manufacture of electronic components and boards

Shelly Group PLC, formerly Allterco JSCo, is a technology holding company that develops and distributes innovative Internet of Things (IoT) solutions. The company focuses on developing, manufacturing, and selling a range of smart home and building automation devices under the brand name Shelly. Thes...Show More

Ethical Profile

Mixed.

Not enough information to create an ethical profile.

Value Scores

Better Health for All0
-100100
Fair Money & Economic Opportunity0
-100100
Fair Pay & Worker Respect0
-100100
Fair Trade & Ethical Sourcing0
-100100
Honest & Fair Business0
-100100
Kind to Animals0
-100100
No War, No Weapons0
-100100
Planet-Friendly Business0
-100100
Respect for Cultures & Communities0
-100100
Safe & Smart Tech10
-100100
Zero Waste & Sustainable Products-30
-100100

Better Health for All

0

Shelly Group PLC's core business involves developing and distributing IoT solutions for smart home and building automation, including Wi-Fi-operated relays and sensors.

1
These products are not described as having a direct positive or negative impact on health outcomes, nor are they health-related products or services. Consequently, for KPIs such as the net health effect of products, revenue from harmful products, price accessibility of health products, vulnerable population reach for health needs, health risk transparency, preventative health measures, pharmaceutical patents, nutrition, addiction mitigation, and clinical trial ethics, the company's activities are either neutral or not applicable. No specific evidence is available in the provided articles regarding the company's safety record, health innovation investment, health externalities, health equity programs, healthcare workforce support, healthcare data responsibility, global health crisis response, mental health initiatives, or healthcare education.

Fair Money & Economic Opportunity

0

No relevant evidence was found in the provided articles to assess SLYG.XETRA against the 'Fair Money & Economic Opportunity' ethical value. All articles were placeholder content explicitly stating a lack of data for SLYG.XETRA or this specific ethical value

1
, and the company's core business is in IoT solutions, not financial services.
2

Fair Pay & Worker Respect

0

No specific quantitative data was found in the provided articles to assess Shelly Group PLC against the Fair Pay & Worker Respect ethical value. Information regarding living wage coverage, CEO to median employee pay ratio, collective bargaining share, safety incident rates, pay equity, worker engagement scores, employee turnover, labor violation incidents, insecure contract share, or health insurance coverage percentages for the workforce was not available.

1

Fair Trade & Ethical Sourcing

0

No specific, quantitative evidence was found in the provided articles for any of the Fair Trade & Ethical Sourcing KPIs.

1
Information regarding fair-trade certifications, supplier audit frequency, forced or child labor incidents, supply chain traceability, remediation speed, ethical clauses in contracts, high-risk materials spend, or supplier diversity spend was not available.
2
While the company's procurement is concentrated with a few core suppliers in China, this fact does not provide a scoreable metric for any of the defined KPIs.
3

Honest & Fair Business

0

The provided articles, primarily interim financial reports and corporate overviews, do not contain specific, concrete data points or mentions for any of the 'Honest & Fair Business' KPIs, including regulatory fines

1
, transparency index scores
2
, whistleblower policies
3
, financial restatements
4
, audit coverage
5
, ESG controversy scores
6
, complaint resolution times
7
, board conflict-free percentages
8
, anti-corruption policies
9
, or third-party verification of ethical claims
10
. Therefore, no assessment can be made against these metrics based on the available evidence.

Kind to Animals

0

The provided articles focus on Shelly Group PLC's financial performance, operational activities in the IoT sector, and general sustainability initiatives related to energy conservation and environmental stewardship.

1
No specific information or data points were found regarding animal welfare, cruelty-free certifications, animal testing, animal-derived ingredients, humane certifications for animal operations, wildlife conservation impact with measurable metrics, or engagement in animal welfare policy. Therefore, no KPIs related to the 'Kind to Animals' value can be scored based on the evidence provided.

No War, No Weapons

0

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

Planet-Friendly Business

0

Shelly Group PLC's core business develops IoT solutions aimed at helping clients manage energy consumption and make eco-conscious choices.

1
The company has a strategic partnership with Zendure, a provider of balcony power plants and energy storage systems.
2
Shelly Group states it strives to limit the use of materials from non-renewable sources and implements an energy safety program.
3
Shelly Group states it strives to limit the use of materials from non-renewable sources and implements an energy safety program.
4
The Group does not carry out activities that have negative impact on the environment.
5
The company pursues ambitious ESG goals.
6
These include a goal to convert to 100% renewable energy and reduce energy consumption by 70% by 2030.
7
However, the company is not obliged to report non-financial information separately.
8
The provided articles do not contain specific, quantifiable data on its current operational environmental performance, such as total greenhouse gas emissions, actual renewable energy consumption, or waste diversion rates.

Respect for Cultures & Communities

0

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

Safe & Smart Tech

10

The company states that its Gen4 Series smart home devices feature local control options that are GDPR-compliant.

1
It explicitly states compliance with various privacy regulations including GDPR, LGPD, and CCPA-CPRA
2
, and its privacy policy mentions the use of Standard Contractual Clauses for non-EU providers.
3
For data minimization, the company limits data collection to IP and email for processing
4
, and data retention depends on account status, consent, and legal requirements.
5
Users are provided with options to access, delete, and port their personal data.
6

Zero Waste & Sustainable Products

-30

The company implements separate waste collection for waste electrical and electronic products (WEEE), batteries, accumulators, and packaging

1
. It ensures proper handling of hazardous waste by requiring end-users to separate WEEE and batteries for disposal in accordance with EU Directives 2012/19/EU, 2006/66/EC, and Regulation (EU) 2023/1542
2
, and is registered with authorities for Battery Regulation in various European countries
3
. The company provides comprehensive customer education, instructing end-users on separating WEEE, batteries, and packaging
4
, removing batteries before disposal
5
, and explaining battery symbols, including those indicating cadmium and lead content
6
.

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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.