Fair Money & Economic Opportunity

Socket Mobile, Inc. is a manufacturer of data capture and delivery solutions, such as barcode scanners and contactless readers.

Its core business does not involve lending, insuring, moving, or storing money for consumers or businesses. The 'Fair Money & Economic Opportunity' value and its associated KPIs are specifically designed to assess financial institutions. As such, the provided articles do not contain any specific, concrete data points relevant to the financial services-oriented KPIs in the rubric. Consequently, all KPIs for this value are omitted due to a lack of applicable evidence.

Fair Pay & Worker Respect

Socket Mobile Inc. has an overall employee engagement rating of 2.8 out of 5 on Glassdoor, which translates to 56/100.

Specific ratings include 1.5 for compensation and benefits, 2.0 for work/life balance, and 2.6 for senior management and career opportunities. There is no public record of labor law or human rights violations in the past three years.

Honest & Fair Business

The company has a formal whistleblower policy enabling confidential and anonymous reporting to the Audit Committee, but there is no evidence of independent investigation processes.

Socket Mobile has not had any financial restatements of its financial figures in the past five years; a document was refiled solely to correct an EDGAR file type error. Approximately 60% of the board members are independent, with two executive officers serving as non-independent directors. The company has a formal Code of Business Conduct and Ethics, but there is no information on the frequency or effectiveness of training. Less than 10% of ethical claims are independently verified, with third-party involvement limited to penetration testing and log evaluation for network monitoring. For customer complaints, standard warranty service has a resolution time of 7 to 10 working days, while expedited service for extended warranty plans is within 3 business days, and premium plans offer 1 business day resolution.

Kind to Animals

Socket Mobile, Inc. manufactures barcode scanners and contactless readers. The company has no animal exploitation in its operations, products, or supply chain.

Therefore, all KPIs related to animal welfare, such as cruelty-free certification, animal testing, humane operations, ethical sourcing, and animal agriculture, are not applicable to its business model.

No War, No Weapons

No specific, quantitative evidence was found in the provided articles regarding Socket Mobile, Inc.'s involvement in arms manufacturing, military contracts, dual-use technologies, sales to embargoed regimes, peacebuilding investments, or any other metrics related to the 'No War, No Weapons' ethical value.

The articles primarily discuss environmental sustainability initiatives, product offerings, and general company information, without providing data relevant to the specified KPIs.

Safe & Smart Tech

Socket Mobile has not experienced a data breach in the last three years.

The company has a policy to notify supervisory authorities within 72 hours of detection of a data breach affecting EU parties. The company's products hold multiple certifications, including ISO 18013-5, Apple VAS, FeliCa, NFC Forum, Google Wallet, and CIPURSE, and the company itself has ISO 9001 certification. Company-wide IT security training is conducted, supported by quarterly simulated email phishing attacks. Data encryption is used to protect systems and data from unauthorized access. The company states it collects only the minimum personal information needed and does not store it longer than necessary, deleting or anonymizing it in accordance with applicable laws. It complies with GDPR and California Civil Code Section 1798.83. Users have rights to access, update, delete, correct, object to processing, request transfer, and withdraw consent for their personal data, which can be exercised via a Personal Information Request Form. The Audit Committee oversees the information security program, with the CIO providing updates, and third parties are utilized for penetration testing and log evaluation, providing 24/7 network monitoring. The company uses a defense-in-layers approach for risk identification and mitigation.

Zero Waste & Sustainable Products

Socket Mobile has implemented several waste reduction initiatives, including eliminating paper coffee cups in favor of reusable employee cups, offering recycling and trade-in programs for old units, and removing USB charging adapters from products.

The company complies with the RoHS Directive, which restricts hazardous substances in its products for the European market, and meets WEEE Directive standards for end-of-life product management. However, no specific hazardous waste reduction efforts or metrics are provided beyond compliance.