Solarmax Technology Inc..
SMXT.US | Manufacture of electric motors, generators, transformers and electricity distribution and control apparatus
Solarmax Technology Inc. (SMXT.US) is a company focused on the development, manufacturing, and sales of solar power products. This includes solar cells, solar panels, and related components used in residential, commercial, and industrial solar energy systems. The company likely engages in research a...Show More
Better Health for All
0
No evidence available to assess Solarmax Technology Inc. on Better Health for All.
Fair Money & Economic Opportunity
0
Solarmax Technology Inc. is primarily engaged in the development, manufacturing, and sales of solar power products. The provided articles do not contain any information indicating that the company offers lending, insurance, deposit services, or any other financial products to consumers.
1
Therefore, there is no evidence to assess the company against the KPIs for 'Fair Money & Economic Opportunity', which are designed for financial institutions and their impact on financial inclusion and economic opportunity for marginalized populations. Mentions of stock 'Fair Value' and 'potential loss' relate to investment in the company's shares, not its provision of financial services to customers.
2
Fair Pay & Worker Respect
-10
Based on available data, Solarmax Technology's performance regarding fair pay and worker respect is mixed. Employee reviews from Indeed.com give an overall rating of 3.6/5 for the company, with 3.7/5 for pay and benefits and 3.3/5 for job security and advancement
1
. Glassdoor reviews show an employee rating of 3.1/5, with 35% recommending the company to a friend and a 2.8/5 rating for compensation and benefits
2
. The CEO approval rate is 30%
3
. Some reviews mention inconsistent pay, lack of communication, and unfulfilled promises of raises
4
. There is no available data on living wage coverage, CEO-to-median pay ratio, collective bargaining, safety incident rates, pay equity, worker engagement scores, turnover rates, labor violations, insecure contract share, or comprehensive health insurance coverage beyond a mention of Kaiser Permanente as a health insurance provider
5
,
6
. The absence of labor violations in the past two years is a slightly positive indicator
7
. Given the mixed reviews and lack of quantitative data, a conservative score is appropriate. The company's US-based operations and reliance on skilled labor make extremely negative scores illogical. The score reflects the limited positive indicators and the negative sentiment expressed in employee reviews. The score is also limited by the lack of quantitative data.
8
,
9
,
10
Fair Trade & Ethical Sourcing
0
No evidence available to assess Solarmax Technology Inc. on Fair Trade & Ethical Sourcing.
Honest & Fair Business
0
No evidence available to assess Solarmax Technology Inc. on Honest & Fair Business.
Kind to Animals
0
No data relevant to the 'Kind to Animals' ethical value for Solarmax Technology Inc. was found in the provided articles.
1
The articles focus on the company's commercial solar projects
2
and general discussions about solar energy and wildlife conservation,
3
without providing specific information on SMXT.US's practices related to animal welfare, testing, sourcing, or conservation initiatives.
4
No War, No Weapons
0
Solarmax Technology Inc. focuses on the development, manufacturing, and sales of solar power products, including solar cells, panels, and related components for residential, commercial, and industrial systems. The company also provides engineering, procurement, and construction (EPC) services for large-scale solar systems and EV charging stations in the US, and operates solar farm projects in China.
1
All revenues for 2022, 2023, and the first half of 2024 were generated by US operations.
2
No information is provided regarding any involvement in arms manufacturing, military contracts, dual-use technologies, sales to sanctioned regimes, or any other activities related to war or weapons.
Planet-Friendly Business
0
No specific, quantitative evidence was provided in the article for any of the Planet-Friendly Business KPIs.
1
The document explicitly states that it does not contain data for these metrics.
2
Respect for Cultures & Communities
0
No evidence available to assess Solarmax Technology Inc. on Respect for Cultures & Communities.
Safe & Smart Tech
0
No evidence available to assess Solarmax Technology Inc. on Safe & Smart Tech.
Zero Waste & Sustainable Products
0
The provided articles, including SolarMax Technology Inc.'s annual reports for fiscal year ending 2024, focus primarily on financial performance, operational challenges, and strategic initiatives. These reports explicitly state that they do not contain data relevant to waste diversion rates, product recyclability, packaging sustainability, recycled content, single-use plastic reduction, take-back programs, circular design principles, waste reduction initiatives, hazardous waste management, product durability, repairability scores, waste audit frequency, zero-waste certifications, waste disposal violations, material efficiency, packaging-to-product ratios, waste reduction targets, supplier waste requirements, or customer waste education for SMXT.US.
1
Other articles discuss general circular economy initiatives and recycling efforts within the broader solar industry or for other specific companies, but do not provide any quantifiable data or specific actions attributable to SolarMax Technology Inc.