GigaMedia Limited.
GIGM.US | Software publishing
GigaMedia Limited, based in Taiwan, is a provider of digital entertainment services. The company primarily focuses on online games and cloud-based gaming platforms. It develops, licenses, and operates a portfolio of online games, offering a variety of genres to cater to different player preferences....Show More
Better Health for All
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GigaMedia's core business is online gambling and gaming, which are associated with severe, widespread health damage, primarily addiction, with no redeeming health benefits. Its primary revenue stream is derived entirely from these activities, including online poker and casino services.
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The company's network and those of its partners are vulnerable to unauthorized access, computer viruses, and denial of service, and it could be liable for security breaches and fraudulent transactions.
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PRC government authorities issued regulations in April 2007 to discourage minors from excessive online gaming, requiring operators to install anti-addiction software features and limit benefits after specified online periods.
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These regulations also require real-name registration for online game players and prohibit virtual currency trade services for minors.
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The company's annual report includes forward-looking statements with risks listed, and it acknowledges substantial uncertainties regarding the interpretation and application of PRC laws and regulations.
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PRC law prohibits internet content providers from disclosing user information unless permitted, but the government can order disclosure for prohibited content or illegal activities.
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The company's business could be adversely affected by epidemics, indicating a reactive rather than proactive crisis response.
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Fair Money & Economic Opportunity
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GigaMedia Limited is a digital entertainment company focused on online games and cloud-based gaming platforms, generating revenue from in-game purchases, subscriptions, and licensing agreements. The company's core business lies outside financial services, and it does not offer lending or deposit services, consumer credit products, or manage customer finance data. Therefore, all KPIs related to financial services are not applicable.
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No regulatory actions, violations, or fines related to fair lending are mentioned in the provided articles.
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Fair Pay & Worker Respect
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No specific, concrete data points regarding living wage coverage, CEO median pay ratio, collective bargaining share, safety incident rate, pay equity ratio, worker engagement score, turnover rate, labor violation incidents, insecure contract share, or health insurance coverage were provided in the articles.
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Fair Trade & Ethical Sourcing
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GigaMedia conducts annual ESG audits for tier-1 and key sub-suppliers.
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However, high-risk suppliers receive on-site audits less frequently, at least every three years.
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For remediation, the company aims to close corrective action plans for high-risk violations within 3 months (90 days) and for medium-risk violations within 6 months (180 days).
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While a supplier code of conduct outlines expectations for ethical practices, there is no quantitative evidence on the percentage of supplier contracts that include enforceable ethical-sourcing clauses.
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Honest & Fair Business
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No evidence available to assess GigaMedia Limited on Honest & Fair Business.
Kind to Animals
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No evidence available to assess GigaMedia Limited on Kind to Animals.
No War, No Weapons
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The provided articles, which include financial reports from 2009 and 2023, and a Yahoo Finance summary, contain no specific information or data points regarding GigaMedia Limited's involvement in arms manufacturing, military contracts, dual-use technology, sales to embargoed regimes, peacebuilding investments, or any other activities related to the 'No War, No Weapons' ethical value.
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The articles explicitly state 'No data' or 'No information' for all relevant KPIs.
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Therefore, no KPIs can be scored based on the evidence provided.
Planet-Friendly Business
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No evidence available to assess GigaMedia Limited on Planet-Friendly Business.
Respect for Cultures & Communities
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The provided articles, which include financial reports and a LinkedIn post, do not contain specific, concrete data points relevant to GigaMedia Limited's respect for cultures and communities. There is no evidence available on formal partnerships with community groups, reinvestment in local development, cultural appropriation incidents, cultural impact assessment protocols, local employment ratios, grievance mechanisms, FPIC participation, community governance inclusion, cultural preservation investment, local procurement, indigenous suppliers, cultural site protection, social license to operate, charitable giving for cultural heritage, community fund allocation, language inclusivity, cultural incident response, or cultural sensitivity training completion.
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Safe & Smart Tech
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No evidence available to assess GigaMedia Limited on Safe & Smart Tech.
Zero Waste & Sustainable Products
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GigaDevice, a part of GIGM.US, reported that 100% of its solid waste was controlled and centrally recycled in 2023.
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Giga Computing, also related to GIGM.US, achieved a waste diversion rate of 61.06% from landfill in 2023.
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In 2023, Giga Computing used 274.21 metric tons of packaging materials, with 80.85% of these materials being recyclable.
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Its corrugated cardboard packaging uses 80% recycled pulp for the liner and 100% recycled pulp for the fluting.
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Giga Computing aims to eliminate single-use packaging by 2030 and is working on a packaging reduction plan.
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GIGAMEDIA calculates a 73% reduction in carbon emissions by switching to cardboard and making packaging more compact.
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Giga Computing is committed to designing products for recyclability and reuse and is co-developing new circular economy services.
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Waste handlers are audited annually by environmental health and safety personnel, with storage areas inspected quarterly, and waste disposal/handling agencies inspected every six months.
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No waste disposal violations were reported at Giga Computing and GIGAIPC in 2023.
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Giga Computing had 0.70 tons of hazardous waste in 2023 and has obtained IECQ QC 080000: 2017 certification for its Hazardous Substance Process Management System.
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GigaDevice promotes a green supply chain, ensuring raw materials, consumables, and assembly processes meet green requirements and comply with RoHS 2.0.
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