Fair Pay & Worker Respect

No specific, quantitative evidence was provided in the article to assess Cemtrex Inc. against any of the Fair Pay & Worker Respect KPIs.

The article discusses general trends in pay equity audits but offers no data relevant to CETX.US.

Honest & Fair Business

Cemtrex Inc. incurred a total of $12.2 million in ethics-related regulatory fines within the last three years. This includes a settlement of more than $2.5 million with the SEC on September 30, 2022, for misleading investors and failing to disclose stock trading by the company's founder.

Additionally, the company faced a $9.7 million fine from the U.S. Securities and Exchange Commission in 2023 for securities fraud. The company has not had any financial restatements in the past five years. Cemtrex has a whistleblower policy, approved on December 6, 2022, which applies to board members, officers, employees, and volunteers. It includes a no-retaliation clause, confidentiality provisions, and a reporting procedure involving supervisors or the Audit Committee Chair, who is responsible for investigating and resolving complaints. The company also adopted a Code of Ethics on June 28, 2016, which applies to its principal executive officer, principal financial officer, and employees. This code covers honest and ethical conduct, conflicts of interest, full and accurate disclosure, and compliance with applicable laws and regulations. However, the Code of Ethics does not explicitly detail an anti-corruption policy beyond general compliance with laws and ethical conduct.

Kind to Animals

Cemtrex Inc. operates in Advanced Technologies, manufacturing electronic components and systems, and Industrial Services, providing contracting and electrical services.

The provided articles indicate that metrics related to animal welfare, such as cruelty-free certifications, animal testing, humane operations, animal-derived ingredients, or animal agriculture, are not applicable to the company's business model. No evidence was found to suggest Cemtrex engages in activities that would require scoring against these animal welfare KPIs.

No War, No Weapons

The provided articles do not contain sufficient specific, quantitative, or verifiable evidence to score any of the KPIs against the 'No War, No Weapons' ethical value. While one article mentions a subsidiary, Invocon, has defense contracts with the Missile Defense Agency, the percentage of this revenue relative to Cemtrex Inc.'s total company revenue is not provided, preventing a score for 'revenue_arms_contracts'.

Another article discusses a Vicon product feature, AI gun detection, which is scheduled for release in 2025. This is a forward-looking statement and does not represent actions that have already occurred. Furthermore, the description of this AI's accuracy to limit false alarms does not constitute evidence of 'dual_use_technology' R&D investment, 'ai_military_safeguards', or 'ethical_red_lines_coded' as defined by the rubric, nor is it explicitly tied to military applications. Lastly, the mention of Cemtrex's CEO overseeing an acquisition is not equivalent to board-level oversight over defense-related business activities.

Planet-Friendly Business

The company's documents do not explicitly mention any specific environmental compliance violations or fines related to its own operations.

While the company provides solutions for environmental compliance to its customers, there is no evidence of any violations for Cemtrex itself.