MASHINIi

Quantum Corporation.

QMCO.US | Wholesale of computers, computer peripheral equipment and software

Quantum Corporation is a global leader in data storage and data management solutions. The company specializes in providing products and services for storing, managing, protecting, and enriching data. Their offerings include high-performance storage solutions, such as Non-Volatile Memory Express (NVM...Show More

Ethical Profile

Mixed.

Quantum Corporation's ethical profile is mixed. Reports suggest the company engages in animal testing for medical analysis and clinical research, without publicly detailing alternative methods or reduction targets. In environmental efforts, Quantum recycled over 6 tons of e-waste and prioritizes electronics reuse, utilizing ISO 14001 certified manufacturers. However, critics point to an estimated packaging-to-product ratio 2-3 times the industry average, indicating excessive packaging. The company's ESG reports also reportedly lack specific quantitative data on waste diversion or recycled content.

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 Business0
-100100
Respect for Cultures & Communities0
-100100
Safe & Smart Tech-20
-100100
Zero Waste & Sustainable Products-40
-100100

Better Health for All

0

Quantum Corporation's core business of data storage and management solutions has no significant direct positive or negative health impact, as its products are not inherently health-related. The company does not generate revenue from products with direct health impacts, nor does it offer health-related products or services requiring accessibility considerations. Its R&D is not focused on health-related outcomes, and its business activities do not involve health equity, healthcare workforce development, or preventative health measures. The company's operations are not directly relevant to health crisis response, and its products do not have addiction potential or require clinical trials. Quantum Corporation does not hold healthcare-related patents or produce food/nutritional products. The company provided additional on-demand professional mental health resources for employees and their families, which is a substantial internal program.

1
Quantum Corporation collects and manages sensitive data, including from job applicants for regulatory compliance, and states it complies with various data privacy frameworks, including the EU-U.S. DPF, UK Extension, and Swiss-U.S. DPF, and is certified to the U.S. Department of Commerce for adherence to these principles.
2
It commits to referring unresolved privacy complaints to Truste and is subject to FTC oversight, demonstrating exceptional data practices and a perfect track record with health data protection.
3

Fair Money & Economic Opportunity

0

No evidence available to assess Quantum Corporation on Fair Money & Economic Opportunity.

Fair Pay & Worker Respect

0

No specific, quantifiable evidence was provided in the articles to score any of the KPIs for Fair Pay & Worker Respect. 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 was not explicitly stated with concrete data points.

1

Fair Trade & Ethical Sourcing

0

No evidence available to assess Quantum Corporation on Fair Trade & Ethical Sourcing.

Honest & Fair Business

-20

Quantum Corporation restated its consolidated financial statements for the quarter ended December 31, 2024.

1
This constitutes one restatement within the past five years.
2

Kind to Animals

0

The company, Quantum Corporation (QMCO.US), is a data storage and management solutions provider. While one article states that QMCO.US engages in animal testing for medical analysis and clinical research, it explicitly notes that no quantitative data on the volume of animal testing, specific types of animals used, or reduction goals are provided.

1
Furthermore, no information is available regarding any animal testing policies, alternative testing methods employed by the company, or any other animal welfare practices.
2
Other articles discuss the general potential of quantum computing to reduce animal testing or general regulatory shifts, but these do not pertain to QMCO.US's specific actions or policies.
3
Therefore, no KPIs can be scored based on the available evidence.

No War, No Weapons

0

No specific, concrete data points were found in the provided articles to assess Quantum Corporation against the defined KPIs for the 'No War, No Weapons' value. The articles primarily discuss the company's Conflict Minerals Report for Calendar Year 2024, noting a 92% response rate from contacted suppliers for data and that 70% of verified smelter/refiner locations are conformant, active, under review, or in communication with the Responsible Minerals Initiative.

1
However, this information does not directly align with the quantitative thresholds of the 'conflict_minerals_percentage' KPI, which requires a percentage of the supply chain certified free from conflict minerals. The provided data describes aspects of the due diligence process and smelter status, not a direct certification percentage for the entire supply chain. No other relevant data points were available for any other KPIs.

Planet-Friendly Business

0

No evidence available to assess Quantum Corporation on Planet-Friendly Business.

Respect for Cultures & Communities

0

The provided articles, which are general overviews of Quantum's products and services, do not contain any specific, concrete information or data points relevant to the defined KPIs for 'Respect for Cultures & Communities'.

1
Therefore, no KPIs can be scored based on the evidence provided.

Safe & Smart Tech

-20

Quantum Corporation has reported no data breaches and no incidents of unauthorized data use.

1
The company's privacy policy states certifications to the EU-U.S. Data Privacy Framework and the Swiss-U.S. Data Privacy Framework.
2
However, the company has faced significant regulatory issues. As of March 31, 2024, it reported material weaknesses in internal control over financial reporting, leading to restatements of prior financial statements for 2023 and 2022.
3
The company is not in compliance with Nasdaq's continued listing standards due to minimum bid price and filing requirements, receiving a delisting notice.
4
The SEC also revoked QMCO's Exchange Act registration, and the company is delaying its 2025 Form 10-K filing due to an ongoing review of revenue contract accounting practices.
5

Zero Waste & Sustainable Products

-40

Quantum Corporation reported no fines for regulatory violations and no enforcement actions related to environmental or regulatory compliance practices in FY2023.

1
The company also renewed its Colorado wastewater No Exposure Exemption permit.
2
Quantum removes flammable materials, lead, mercury, and batteries from devices prior to recycling.
3
The company recycled over 6 tons of e-waste and prioritizes the reuse of electronics, which is 25 times more carbon-efficient than recycling.
4
Quantum utilizes contract manufacturers with ISO 9001 and ISO 14001 certifications.
5

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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.