Canaan Inc..
CAN.US | Manufacture of electronic components and boards
Canaan Inc. is a technology company that designs, develops, and sells integrated circuit (IC) products and system solutions. It is primarily known for its application-specific integrated circuit (ASIC) high-performance computing hardware used in cryptocurrency mining, specifically Bitcoin mining. Th...Show More
Better Health for All
0
Canaan Inc.'s core business involves designing and selling ASIC high-performance computing hardware for cryptocurrency mining. The provided articles do not contain evidence that the company's principal goods or services have any direct positive or negative health impact, thus scoring as neutral. There is no evidence of revenue from products with well-established negative health outcomes, nor any information regarding user harm, pricing of health products, access for vulnerable populations, or health risk transparency.
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While Canaan is involved in a 3.0 MW proof-of-concept project to recover waste heat from its computing systems for greenhouse operations,
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this is a pilot project focused on energy efficiency and environmental impact, not a core health-related product or service. The company's R&D expenses of US$63.1 million in 2025 are not specified as being allocated to health improvement.
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The company does not engage in activities related to healthcare workforce support, data management, crisis response, mental health initiatives, pharmaceutical patents, nutrition, health education, addiction mitigation, or clinical trials.
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Fair Money & Economic Opportunity
0
Canaan Inc. is a technology company focused on designing and selling integrated circuit products for cryptocurrency mining, not a financial institution.
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As such, its core business does not involve lending, deposit services, or other financial products to consumers.
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The provided articles confirm that no data related to financial inclusion, fair lending, or economic opportunity metrics was found.
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Therefore, all KPIs under the 'Fair Money & Economic Opportunity' value are not applicable to Canaan Inc.'s operations, aligning with the '0' tier in the rubric for companies outside the financial services sector.
Fair Pay & Worker Respect
0
No evidence available to assess Canaan Inc. on Fair Pay & Worker Respect.
Fair Trade & Ethical Sourcing
0
No specific, concrete evidence was found in the provided articles regarding Canaan Inc.'s performance on fair trade certifications, audit frequency, forced or child labor incidents, supply chain traceability, remediation speed, ethical clause coverage in contracts, materials risk index, or supplier diversity spend. discusses general industry shifts and market share without specific data for Canaan Inc. on ethical sourcing.
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pertains to Canon Group's policy, not Canaan Inc.
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Honest & Fair Business
-10
Canaan Inc.'s independent auditor, PricewaterhouseCoopers Zhong Tian LLP, issued reports for the years ended December 31, 2020, and 2019, which did not contain adverse opinions, disclaimers, qualifications, or modifications.
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This indicates no financial restatements for those two years, despite management reporting material weaknesses in a Form 20-F filed in April 2021.
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The company also changed its independent auditor to KPMG Huazhen LLP in September 2021, with no disagreements reported with the previous auditor on accounting principles, financial statement disclosure, or auditing scope/procedures.
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Kind to Animals
0
No evidence available to assess Canaan Inc. on Kind to Animals.
No War, No Weapons
0
No specific, concrete data points were found in the provided articles to assess Canaan Inc. against the 'No War, No Weapons' ethical value. Articles and pertain to Canon Group and are not relevant to Canaan Inc.
1
, which is about Canaan Inc., explicitly states a lack of data regarding arms/defense contracts, sales to embargoed regimes, or peacebuilding investment, and provides no information for any other relevant KPIs.
2
Planet-Friendly Business
0
No specific, quantitative data was found in the provided articles for any of the Planet-Friendly Business KPIs.
1
The available information indicates a lack of public disclosure regarding environmental performance metrics such as greenhouse gas emissions, renewable energy usage, water consumption, waste diversion rates, and climate-related targets or initiatives.
2
Therefore, an assessment against the rubric's KPIs cannot be performed.
Respect for Cultures & Communities
0
No evidence available to assess Canaan Inc. on Respect for Cultures & Communities.
Safe & Smart Tech
0
The provided article focuses on Canaan Inc.'s financial performance, stock activity, and strategic decision to exit the AI semiconductor business to concentrate on cryptocurrency operations.
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It explicitly states 'No data on security and privacy related metrics' and does not contain any specific, concrete data points or facts related to data protection, cybersecurity, responsible AI, privacy practices, or digital rights advocacy.
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Therefore, no KPIs under the 'Safe & Smart Tech' value can be scored based on the evidence provided.
Zero Waste & Sustainable Products
0
No evidence available to assess Canaan Inc. on Zero Waste & Sustainable Products.