MASHINIi

Ispire Technology Inc..

ISPR.US | Other manufacturing n.e.c.

Ispire Technology Inc. designs, develops, and commercializes vaporizers and vaping products. The company focuses on creating innovative solutions for both cannabis and nicotine vaping, offering a range of devices and related technologies. Their product portfolio includes vaporizers for various appli...Show More

Ethical Profile

Mixed.

Ispire Technology Inc. (ISPR.US) presents a mixed ethical profile. Its core business in e-cigarettes and cannabis vaping products is fundamentally linked to potential health risks, including respiratory issues and addiction, with long-term effects still under investigation. Critics point to marketing practices potentially increasing risks, especially for young people. The company recently underwent a financial restatement due to allegedly inadequate controls and accounting policies. Reports suggest a potentially high pay ratio, with a Co-CEO compensation of $8,647,904 compared to an estimated average employee salary of $110,353, though 70% of workers reportedly earn living wages. Ispire's Malaysian facility holds ISO 9001, ISO 14001, and ISO 13485 certifications for quality and environmental management.

Value Scores

Better Health for All0
-100100
Fair Money & Economic Opportunity0
-100100
Fair Pay & Worker Respect0
-100100
Fair Trade & Ethical Sourcing0
-100100
Honest & Fair Business-20
-100100
Kind to Animals0
-100100
No War, No Weapons0
-100100
Planet-Friendly Business-20
-100100
Respect for Cultures & Communities0
-100100
Safe & Smart Tech0
-100100
Zero Waste & Sustainable Products0
-100100

Better Health for All

0

No evidence available to assess Ispire Technology Inc. on Better Health for All.

Fair Money & Economic Opportunity

0

No evidence available to assess Ispire Technology Inc. on Fair Money & Economic Opportunity.

Fair Pay & Worker Respect

0

No specific, concrete data points were found across the provided articles for any of the KPIs under the 'Fair Pay & Worker Respect' value. Information regarding living wage coverage, CEO to 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 for Ispire Technology Inc. was not explicitly stated.

1

Fair Trade & Ethical Sourcing

0

No evidence available to assess Ispire Technology Inc. on Fair Trade & Ethical Sourcing.

Honest & Fair Business

-20

Ispire Technology Inc. disclosed one financial restatement in its quarterly report for the period ended December 31, 2024.

1
This restatement was due to material weaknesses in internal control over financial reporting, specifically inadequate controls for recording assets acquired from a controlling stockholder, evaluating significant estimates, and a lack of comprehensive accounting policies and procedures.
2
The company also changed its auditor, dismissing CBIZ CPAs and appointing Marcum Asia CPAs LLP for the fiscal year ending June 30, 2025.
3
There were no disagreements with CBIZ CPAs over accounting principles, practices, auditing scope, or procedures from December 17, 2024, to February 18, 2025.
4

Kind to Animals

0

Ispire Technology Inc. reports "No Animal Exploitation" in its operations.

1
This indicates that the company does not engage in animal testing, animal husbandry, or use animal-derived ingredients. Consequently, there are no animal-related suppliers to audit, no animal products like eggs, meat, or dairy are sourced, and no animal agriculture operations. This stance aligns with a zero-animal-testing policy and zero animal inputs, making several animal-related KPIs not applicable to their business model. There is no evidence of specific R&D investment in animal-free technologies, collaboration on animal-free standards, or public policy engagement related to animal welfare, as these activities are not relevant given their stated lack of animal exploitation.

No War, No Weapons

0

Ispire Technology Inc. operates in the cannabis and vaping industries, manufacturing vaporizer hardware.

1
The provided articles contain no evidence of the company's involvement in arms manufacturing, defense contracts, or military-related activities. Its core business is civilian, and there is no indication of dual-use products with military applications, military AI systems, or intelligence/surveillance contracts. The company has no defense assets to divest and is not subject to the Arms Trade Treaty. Information regarding peacebuilding investment, conflict divestment policy, lobbying, humanitarian procurement, human rights due diligence in conflict areas, UN Guiding Principles alignment, war-risk audits, conflict partner reviews, or conflict minerals is not available in the provided articles.

Planet-Friendly Business

-20

Ispire Technology Inc.'s Malaysian manufacturing facility received ISO14001:2015 certification for its environmental management system.

1
The company has no reported environmental compliance violations, regulatory actions, or fines mentioned in the provided articles.
2

Respect for Cultures & Communities

0

No specific, concrete data points were found in the provided articles regarding Ispire Technology Inc.'s performance on any of the KPIs related to Respect for Cultures & Communities.

1
The articles primarily focus on the company's FDA filings for vaping technology, regulatory compliance in manufacturing operations, and career opportunities, with no information on community engagement, cultural impact assessments, local employment, or other relevant metrics.
2

Safe & Smart Tech

0

No evidence available to assess Ispire Technology Inc. on Safe & Smart Tech.

Zero Waste & Sustainable Products

0

The provided articles primarily focus on Ispire Technology Inc.'s financial performance, operational changes, and product launches. No specific, concrete data points or initiatives related to waste diversion rates, product recyclability, packaging sustainability, recycled content, single-use plastic reduction, take-back programs, circular design principles, waste reduction initiatives, hazardous waste management, product durability, repairability, waste audit frequency, zero-waste certification, waste disposal violations, material efficiency, packaging-to-product ratio, waste reduction targets, supplier waste requirements, or customer waste education were found.

1

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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.