MASHINIi

Energous Corporation.

WATT.US | Other professional, scientific and technical activities n.e.c.

Energous Corporation is a technology company that develops and licenses wireless power transfer technology. Their primary focus is on WattUp, a technology that enables wireless charging of electronic devices at a distance. This technology can be integrated into various products, including smartphone...Show More

Ethical Profile

Mixed.

Energous Corporation (WATT) shows a mixed ethical profile. Its wireless charging technology significantly benefits healthcare, enabling continuous patient monitoring and reducing infection risks in medical implants and hearing aids by eliminating frequent battery replacements, with partnerships like EarTechnic. The company's solutions also improve hospital asset tracking. While Energous's technology could potentially reduce battery waste, specific environmental performance data is unavailable. Regarding worker respect, Energous's CEO compensation is reported at $602,500. Company-specific pay equity data is lacking, though broader industry trends suggest women are generally paid less than men, raising questions about leadership in fair pay.

Value Scores

Better Health for All10
-100100
Fair Money & Economic Opportunity0
-100100
Fair Pay & Worker Respect40
-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 Tech0
-100100
Zero Waste & Sustainable Products0
-100100

Better Health for All

10

Energous' wireless power transfer technology delivers exceptional health benefits by enabling continuous monitoring for critical applications like air quality and cold chain management for pharmaceuticals and vaccines, ensuring their efficacy and reducing spoilage.

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The technology also improves patient care by reducing infection risks from invasive battery replacements in medical implants, eliminating safety hazards from cords in medical environments, and decreasing medical errors.
2
It supports remote patient monitoring for early intervention and ensures medication authenticity and expiration tracking.
3
The company's PowerBridge Pro has received EU regulatory approval and CE marking, following comprehensive safety testing.
4
The technology offers cost savings by reducing reliance on disposable batteries and charging infrastructure.
5
Energous' solutions contribute to environmental sustainability by reducing battery waste, with worldwide consumption of traditional alkaline batteries topping 10 billion units annually and less than 2% collected for recycling.
6
The company's e-Compass platform, built on AWS IoT Core, provides secure, cloud-based asset intelligence and tools for regulatory compliance, ensuring responsible data management.
7
The technology also helps reduce food spoilage and maintains the integrity of perishable goods.
8

Fair Money & Economic Opportunity

0

No evidence available to assess Energous Corporation on Fair Money & Economic Opportunity.

Fair Pay & Worker Respect

40

For fiscal year 2023, Energous Corporation's CEO annual total compensation was $16,755,533, and the median employee's annual total compensation was $141,781, resulting in a CEO to median employee pay ratio of 118:1.

1
The company provides medical, dental, and vision insurance, an employee assistance program, and other benefits to all full-time, salaried employees, including named executive officers, on the same terms and conditions.
2

Fair Trade & Ethical Sourcing

0

No evidence available to assess Energous Corporation on Fair Trade & Ethical Sourcing.

Honest & Fair Business

0

No evidence available to assess Energous Corporation on Honest & Fair Business.

Kind to Animals

0

No specific evidence was found in the provided articles regarding Energous Corporation's performance on any of the 'Kind to Animals' KPIs. The company's core business of developing and licensing wireless power transfer technology does not inherently involve animal testing, animal-derived products, animal agriculture, or direct impact on wildlife habitats. The articles discuss the broader market for non-animal testing alternatives and the application of wireless power in smart farming, but do not provide concrete data or actions taken by Energous Corporation related to animal welfare, testing, sourcing, or conservation.

No War, No Weapons

0

No evidence available to assess Energous Corporation on No War, No Weapons.

Planet-Friendly Business

0

The articles discuss Energous Corporation's wireless power technology and its potential to reduce environmental impact by eliminating disposable batteries and mitigating e-waste. They highlight general environmental concerns, such as the low recycling rate of traditional alkaline batteries (less than 2%)

1
and the EU Batteries Regulation 2023/1542 mandating higher recycling rates.
2
However, no specific, quantitative data is provided on Energous Corporation's own operational environmental performance, including greenhouse gas emissions, renewable energy use, waste diversion rates, water consumption, or any other metrics outlined in the Planet-Friendly Business rubric.

Respect for Cultures & Communities

0

No specific, concrete evidence was found in the provided articles to assess Energous Corporation against any of the KPIs for 'Respect for Cultures & Communities'. The articles primarily focus on financial performance, business partnerships, product development, and general company values, without providing data on community engagement, cultural impact, local employment, or related initiatives.

1

Safe & Smart Tech

0

No evidence available to assess Energous Corporation on Safe & Smart Tech.

Zero Waste & Sustainable Products

0

The provided articles do not contain any evidence related to WATT.US (Energous Corporation) or its performance concerning the 'Zero Waste & Sustainable Products' ethical value.

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All articles focus on regulatory penalties and safety violations associated with Tesla Inc. and other companies linked to Elon Musk.
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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.