Better Health for All

Nocera's core business is recirculating aquaculture systems (RAS)

which produce fish without antibiotics or hormones, offering a healthier food source that is low in fat and rich in omega-3 fatty acids. The entire business is devoted to this, providing exceptional health benefits by mitigating common aquaculture issues. As the company's business model is entirely focused on these health-positive offerings, it generates no revenue from products with negative health impacts. Nocera's RAS systems are described as the most affordable on the market, using inexpensive materials and cost-efficient technology to produce budget fish like tilapia, aiming to feed lower-income populations. The company's systems can feed those on lower incomes and are adaptable for smaller farmers to boost their incomes, with interest from South American countries for smaller systems. Nocera's RAS technology recycles 90% of water, reduces pollution from over-concentration of fish, and is more sustainable than ocean fishing, contributing positively to environmental health. The systems ensure fish are grown in a controlled environment, leading to better quality fish and reducing transport time for fresh fish to local communities, which supports food safety and nutritional quality. The company's RAS systems are designed to provide a healthier food source by growing fish without antibiotics or hormones, emphasizing disease prevention through clean, traceable food.

Fair Pay & Worker Respect

No specific, concrete data points were found in the provided articles for Nocera, Inc. regarding living wage coverage, CEO to median employee 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. While executive salaries were mentioned, the median employee compensation for the company was not provided to calculate a pay ratio.

Information about general labor violations in Taiwan was present, but not specific to Nocera, Inc. The number of full-time and part-time employees was noted, but not the nature of their contracts or benefits, nor any health insurance coverage for the general workforce.

Fair Trade & Ethical Sourcing

No specific, quantitative evidence regarding Nocera, Inc.'s 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 was found in the provided articles.

The articles primarily focus on the company's recirculating aquaculture systems (RAS) technology and business expansion, without providing data on ethical sourcing practices.

Honest & Fair Business

Nocera, Inc. filed an amended Form 10-K in May 2025 to restate segment reporting for the fiscal year ended December 31, 2024, correcting errors in prior segment and concentration disclosures for 2022, 2023, and 2024 interim periods.

Additionally, financial statements for the periods ended March 31, June 30, and September 30, 2024, were deemed unreliable and required restatement due to material errors, including an overstatement of liabilities by approximately 70%. The company also concluded a material weakness in internal control over financial reporting during these restated periods. Nocera received a Nasdaq deficiency letter for not meeting the minimum bid price requirement.

Kind to Animals

Nocera Inc. specializes in land-based recirculating aquaculture systems (RAS) for fish farming, focusing on species like Tilapia and Catfish.

The company reports a fish farming density of 100-109 lb./m3 for Tilapia, with tanks producing up to 30,000 pounds of fish annually. While Nocera aims to provide 'sustainable and green' aquaculture and reduce water pollution and disease outbreaks, the reported density of 100-109 lb./m3 for Tilapia falls within the range of standard industry density, which is associated with minimal environmental enrichment and limited behavioral expression. There is no evidence of specific humane certifications, enriched environments beyond basic industry standards, or practices that exceed typical industry density. The company's business model does not involve sourcing eggs, meat, or dairy, nor does it conduct animal testing, making these KPIs not applicable.

No War, No Weapons

Nocera, Inc. operates in the aquaculture and green energy sectors, with its core business focused on recirculating aquaculture systems (RAS) for land-based fish farming. Multiple articles explicitly state that the company is not an arms manufacturer, is not involved in defense-related activities, and has no revenue from arms or defense contracts.

The company is also stated to not be involved in dual-use technology development, international trade with embargoed regimes, peacebuilding, conflict-related activities, or lobbying related to arms control. There is no evidence of involvement in controversial weapons, war-related supply chains, or conflict-zone procurement. While Nocera's RAS technology includes an underwater wireless vacuum and plans for AI-driven monitoring, there is no evidence these are developed for or applied to military uses. Therefore, all KPIs are scored as N/A, indicating no defense or arms-related activities in the core business.

Planet-Friendly Business

The provided articles contain general statements about Nocera's commitment to sustainability, such as its recirculating aquaculture systems (RAS) recycling 90% of water and plans to integrate solar power into projects.

However, there is no specific, quantitative data on the company's past environmental performance that aligns with the defined KPIs in the rubric. Many statements are forward-looking, describe product features, or express general aims rather than reporting on achieved metrics or validated targets. Therefore, no KPIs can be scored based on the evidence provided.

Respect for Cultures & Communities

The provided articles do not contain specific, concrete data points for any of the KPIs related to 'Respect for Cultures & Communities'. Information regarding formal partnerships, revenue reinvested locally, cultural appropriation incidents, cultural impact assessment protocols, local employment ratios, grievance mechanisms, FPIC participation, community governance inclusion, cultural preservation investment, local procurement share, indigenous supplier count, cultural site protection, social license operations, charitable giving, community fund allocation, language inclusivity, cultural incident response, or cultural training completion is absent.

Therefore, no KPIs can be scored based on the provided evidence.

Safe & Smart Tech

Nocera, Inc. has reported no significant cybersecurity incidents to date and no specific incidents of unauthorized data use.

The company encrypts credit card information using SSL and AES-256 encryption and adheres to PCI-DSS standards for handling this data, which also covers vulnerability management and security testing for payment systems. Users can withdraw consent for contact, collection, use, or disclosure of information. However, the company has no formalized cybersecurity measures, team, or protocols, and is still in ongoing development of these. While it follows PCI-DSS for payment data, no other privacy certifications are mentioned. The company collects personal information as part of the buying and selling process, and for transactions, verification, orders, delivery, or returns, with retention periods of 5-7 years for most data. The company is subject to various US and international regulations but has material weaknesses in internal control over financial reporting.

Zero Waste & Sustainable Products

Nocera's recirculating aquaculture systems (RAS) recycle 90% of the water used.

The RAS technology is designed to be reusable and movable to a second site, and it reduces wastewater effluent volume while recycling fish waste. These systems represent waste reduction initiatives by recycling 90% of water and fish waste. The RAS tanks can achieve up to 80 times the production rate of traditional fish farms, producing up to 30,000 pounds of fish annually per tank.