MASHINIi

Foxx Development Holdings Inc..

FOXX.US | Real estate activities with own or leased property

Foxx Development Holdings Inc. (FOXX.US) appears to be involved in real estate activities. Without more specific information, it's difficult to determine the exact nature of their operations. However, based on the name, it is likely that they are involved in the development of real estate properties...Show More

Ethical Profile

Mixed.

Foxx Development Holdings Inc., a consumer electronics and IoT company, shows a mixed ethical profile. In FY2023, 99.53% of its grid electricity came from renewables, and its CDP climate change score improved to a B. However, total renewable energy use was only 0.72 thousand MWh, with Scope 1 and 2 emissions at 66,885 tCO₂e. Critics point to insufficient public data on its outsourced manufacturing labor practices and broader ethical sourcing beyond conflict minerals compliance. The company's products, like smartphones and wearables, inherently involve data security risks and contribute to e-waste, yet specific initiatives for data protection, cybersecurity, or robust take-back programs are not publicly detailed. Support for mental health initiatives is noted, but overall evidence for many ethical areas remains limited.

Value Scores

Better Health for All-50
-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 Weapons-60
-100100
Planet-Friendly Business-60
-100100
Respect for Cultures & Communities0
-100100
Safe & Smart Tech0
-100100
Zero Waste & Sustainable Products0
-100100

Better Health for All

-50

Foxx Development Holdings Inc. (FOXX.US) made a $1 million donation to the United Jewish Appeal-Federation for Israel crisis relief, with viewer donations via a microsite exceeding $2.5 million.

1
The company also supports the National Alliance on Mental Illness (NAMI) in NYC and LA, and provides employee assistance programs and mental health awareness week initiatives.
2

Fair Money & Economic Opportunity

0

No evidence available to assess Foxx Development Holdings Inc. on Fair Money & Economic Opportunity.

Fair Pay & Worker Respect

0

No evidence available to assess Foxx Development Holdings Inc. on Fair Pay & Worker Respect.

Fair Trade & Ethical Sourcing

0

No specific, quantitative data points related to Fair Trade & Ethical Sourcing for FOXX.US were found across the provided articles. While some articles mention conflict minerals disclosures for the calendar year ended December 31, 2024, they explicitly state that no other data relevant to ethical sourcing is present, and do not provide the share of spend on high-risk materials or details on mitigation efforts.

1
Consequently, no KPIs can be scored based on the available evidence.

Honest & Fair Business

0

No evidence available to assess Foxx Development Holdings Inc. on Honest & Fair Business.

Kind to Animals

0

No evidence available to assess Foxx Development Holdings Inc. on Kind to Animals.

No War, No Weapons

-60

Foxx Development Holdings Inc. (FOXX.US) expects its suppliers to provide completed conflict minerals declarations using the Conflict Free Sourcing Initiative's (CFI's) Conflict Minerals Reporting Template and to use reasonable efforts to ensure products are "DRC conflict-free."

1
The company files annual reports with the U.S. Securities and Exchange Commission (SEC) as contemplated by the Conflict Minerals Rule.
2
For the year ended December 31, 2024, Foxx conducted a reasonable country of origin inquiry (RCOI) for conflict minerals, surveying eight tier-one suppliers with a 100% response rate.
3
Based on these surveys, Foxx concluded that none of its necessary conflict minerals originated in the Democratic Republic of Congo (DRC) or adjoining countries, or from non-recycled/scrap sources.
4
The company has management systems in place and files annual reports with the SEC regarding conflict minerals.
5

Planet-Friendly Business

-60

In FY2023, the company's total Scope 1, 2, and 3 greenhouse gas emissions were 79,087 tCO₂e.

1
Its renewable energy use was 0.72 thousand megawatt hours, representing 0.33% of its total energy consumption of 217.35 thousand megawatt hours in FY2023.
2
For CY2023, the waste diversion rate was 28.88%.
3
The company reported no specific regulatory actions, violations, fines, or compliance issues in FY2023.
4
The company has not published SBTi-validated targets for FOXX.US, nor has it explicitly stated a net-zero target year.
5
It aims to provide disclosures in accordance with TCFD recommendations but full alignment details are not provided.
6
The company planted 10,000 trees in CY2022 and again in 2023.
7
Foxconn, a separate entity, received an 'A' in 2023 for supplier engagement.
8

Respect for Cultures & Communities

0

No specific, concrete evidence regarding Foxx Development Holdings Inc.'s performance on 'Respect for Cultures & Communities' was found in the provided articles. The articles focus on investor relations, company overview, and inclusion in the Russell Microcap® Index, without detailing social responsibility or community engagement initiatives.

1

Safe & Smart Tech

0

No evidence available to assess Foxx Development Holdings Inc. on Safe & Smart Tech.

Zero Waste & Sustainable Products

0

No evidence available to assess Foxx Development Holdings Inc. on Zero Waste & Sustainable Products.

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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.