Rectitude Holdings Ltd.
RECT.US | Activities of holding companies
Rectitude Holdings Ltd is a holding company that primarily invests in and manages businesses across various sectors. While specific details about their portfolio companies and revenue breakdown are not readily available, holding companies typically oversee subsidiaries involved in diverse industries...Show More
Better Health for All
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Rectitude Holdings Ltd's core business is providing safety equipment, including personal protective clothing, fall arrest systems, and fire extinguishers, which directly contribute to preventing workplace accidents and injuries.
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The company also offers auxiliary industrial hardware and electrical hardware, which are health-neutral.
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The introduction of new electric tools, a VR training system, and an AI-powered safety platform further enhance worker safety.
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This indicates that 85-90% of its product portfolio delivers significant health benefits, with health impact central to its business strategy. There is no evidence of the company generating revenue from products with negative health outcomes, and its offerings have consistently been health-neutral or positive since its founding in 1997.
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Research and development expenses for the fiscal first half ended September 30, 2024, were $0.04 million, against revenues of $17.2 million for the same period, which is approximately 0.23% of revenue.
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This percentage is below the lowest threshold for health innovation investment.
Fair Money & Economic Opportunity
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No evidence available to assess Rectitude Holdings Ltd on Fair Money & Economic Opportunity.
Fair Pay & Worker Respect
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No specific, quantitative evidence was found in the provided articles to assess Rectitude Holdings Ltd against any of the KPIs for Fair Pay & Worker Respect. The articles explicitly state 'Not applicable' or 'No data available' for all relevant metrics, including 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, and health insurance coverage.
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Fair Trade & Ethical Sourcing
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No specific, concrete data points or facts relevant to the 'Fair Trade & Ethical Sourcing' value were found across any of the provided articles for RECT.US.
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The articles either explicitly stated no information was available for the relevant KPIs or indicated that the content was inaccessible.
Honest & Fair Business
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The provided articles explicitly state that data for all relevant KPIs, including regulatory fines, transparency index, whistleblower policy, financial restatements, audit coverage, ESG controversy index, complaint resolution time, board conflict-free percentage, anti-corruption policy, and third-party verification, is currently not available.
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Kind to Animals
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No data relevant to the 'Kind to Animals' ethical value for RECT.US was found in the provided articles. The articles either explicitly stated no relevant data was available or the content was inaccessible.
No War, No Weapons
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Rectitude Holdings Ltd's core business activities are the provision of safety equipment, industrial hardware tools, electrical hardware, and green energy solutions, including an All-in-One Intelligence Micro-grid System (AIMS).
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The company was founded in 1997 and operates in Singapore and the Southeast Asian region.
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There is no explicit evidence in the provided articles to suggest any involvement in arms manufacturing, military contracts, or conflict facilitation. The articles consistently state that no information is available regarding revenue from arms contracts, exposure to controversial weapons, or any defense-related divestment activities. Similarly, there is no evidence of mineral inputs in their products, investment in peace technology, or procurement from conflict zones. Therefore, these KPIs are assessed as N/A, indicating no direct relevance to the company's stated business model based on the available information.
Planet-Friendly Business
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No evidence available to assess Rectitude Holdings Ltd on Planet-Friendly Business.
Respect for Cultures & Communities
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No evidence available to assess Rectitude Holdings Ltd on Respect for Cultures & Communities.
Safe & Smart Tech
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Rectitude Holdings Ltd. (RECT.US) adheres to GDPR (EU 2016/679) and the Data Protection Act 2018 (UK), and its privacy notice mentions compliance with various Singapore and Cayman Islands regulations.
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The company states it only collects data necessary for its privacy policy's purpose, with data not used beyond what is disclosed.
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Users have rights under GDPR, including access, rectification, erasure, and data portability.
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Rectitude Consulting Services offers MFA-as-a-Service, but there is no information on the percentage of services where MFA is available for RECT.US's own operations.
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The company also offers vulnerability assessment, patch management, and penetration testing services, and conducts phishing campaigns and security awareness training.
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However, there is no specific data on the effectiveness or coverage of these programs for RECT.US's internal systems, nor on the frequency or rigor of security testing across all systems. The company uses the strongest available browser encryption, but no information is provided on the extent of encryption across all data or internal systems.
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No data breaches have been documented.
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Zero Waste & Sustainable Products
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No specific, concrete evidence was found in the provided articles to assess Rectitude Holdings Ltd against any of the KPIs for the 'Zero Waste & Sustainable Products' ethical value. Information regarding general regulations
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and carbon emission reduction initiatives was present,
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but these do not directly address the specific waste-related KPIs as defined by the rubric and the 'What this value is NOT about' section.