Primech Holdings Ltd..
PMEC.US | Manufacture of other fabricated metal products n.e.c.
Primech Holdings Ltd. is a holding company that, through its subsidiaries, engages in the manufacturing and sale of precision-machined components and assemblies. The company primarily serves the aerospace, defense, medical, and semiconductor industries. Its products include complex parts and assembl...Show More
Better Health for All
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Primech AI, a subsidiary of Primech Holdings Limited, deployed the HYTRON LITE autonomous bathroom cleaning robot in a public hospital in Singapore under a two-year lease agreement, with the first robot delivered in early June 2025.
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This robot aims to enhance cleaning efficiency and hygiene standards, ensuring stringent sanitization for patient and staff safety, and directly impacts patient outcomes.
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The robot uses electrolyzed water for eco-friendly cleaning and provides consistent, high-quality sanitization.
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The deployment also aims to address labor challenges in the healthcare sector by reducing the manual labor burden on facility management staff.
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Primech AI is dedicated to innovation in technology, and the HYTRON LITE incorporates the NVIDIA Jetson Orin Super.
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However, the company's principal business is manufacturing precision-machined components for various industries, including medical, but no specific details on the health impact or proportion of these components are provided. There is no information on the percentage of R&D or capital allocation for health improvement.
Fair Money & Economic Opportunity
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Primech Holdings Ltd. is a manufacturing company specializing in precision-machined components and assemblies. The company does not offer lending, deposit, or other consumer financial services.
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Therefore, all KPIs related to fair money and economic opportunity, which are designed for financial institutions, are not applicable to its core business operations.
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Fair Pay & Worker Respect
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No evidence available to assess Primech Holdings Ltd. on Fair Pay & Worker Respect.
Fair Trade & Ethical Sourcing
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The provided articles do not contain any specific, concrete data points or metrics related to Primech Holdings Ltd.'s fair trade and ethical sourcing practices. Information regarding fair-trade certification, supplier audit frequency, instances of forced or child labor, supply chain traceability, remediation speed for violations, ethical clauses in supplier contracts, share of high-risk materials, or supplier diversity spend is not available.
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The articles primarily focus on financial performance, revenue, and contract extensions for cleaning services.
Honest & Fair Business
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The company has established an audit committee that will oversee procedures for handling complaints and whistleblowing.
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It has adopted a code of business conduct and ethics applicable to all directors, executive officers, and employees, and acknowledges being subject to various anti-corruption laws.
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The company has obtained various ISO accreditations in relation to its quality management and occupational health and safety systems.
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Kind to Animals
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No relevant evidence was found in the provided articles to assess PMEC.US against the 'Kind to Animals' ethical value. The articles either focused on domain name sales or provided general statistics on animal testing without specific data pertaining to PMEC.US's operations, products, or policies.
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No War, No Weapons
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No specific, concrete data points were found in the provided articles to assess PMEC.US against any of the 'No War, No Weapons' KPIs. The articles focused on a facility services contract extension, Nasdaq compliance, and general ESG ranking, explicitly stating that no data relevant to defense contracts, dual-use technologies, or peacebuilding initiatives was provided.
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Planet-Friendly Business
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The company has no mentioned environmental compliance violations.
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Primech A & P, a subsidiary, was nominated as a finalist for the Singapore Apex Corporate Sustainability Awards in the LowCarbonSG category, acknowledging a 5% improvement in Scope 1 and 2 carbon emissions over 24 months.
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Primech Holdings aims to transition its 70-van fleet to electric vehicles by 2025.
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The Primech Holdings building is designed with eco-friendly features, including solar panels and energy-efficient air conditioners.
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Respect for Cultures & Communities
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No specific, concrete data points were found in the provided articles regarding Primech Holdings Ltd.'s performance on any of the KPIs related to 'Respect for Cultures & Communities'.
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The articles primarily discuss investor relations, market size, and career opportunities, without addressing community engagement, cultural preservation, local employment, or grievance mechanisms.
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Safe & Smart Tech
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No evidence available to assess Primech Holdings Ltd. on Safe & Smart Tech.
Zero Waste & Sustainable Products
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Primech Holdings has implemented several waste and resource reduction initiatives. These include developing eco-friendly cleaning chemicals, switching to alkaline water for heavy-duty scrubber-dryer machines, and implementing hydrophobic coating to reduce glass cleaning frequency from monthly to yearly.
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The company plans to install recycling infrastructure at its new 23,000 sq ft headquarters.
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There are no reported waste disposal violations in the provided articles.
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