NovaTech Co Ltd - ESG Rating & Company Profile powered by AI
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NovaTech Co Ltd in the Electrical Components & Equipment industry gained a UN SDG ESG Transparency Score of 1.6; made up of an environmental score of 2.7, social score of 0.0 and governance score of 2.0.

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Environmental
Social
Governance

Peer Group Comparison
Rank | Company | SDG Transparency Score ⓘ | Performance |
---|---|---|---|
1 | Schneider Electric SE | 9.4 | High |
1 | Koninklijke Philips NV | 9.4 | High |
... | ... | ... | |
1075 | Tamura Corp | 1.7 | Low |
1075 | Wuxi New Hongtai Electrical Technology Co Ltd | 1.7 | Low |
1090 | NovaTech Co Ltd | 1.6 | Low |
1090 | Hu An Cable Holdings Ltd | 1.6 | Low |
1090 | Rendong Holdings Co Ltd | 1.6 | Low |
1407 | Zippy Technology Corp | 0.0 | Low |
1407 | Zygo Corp | 0.0 | Low |
... | ... | ... |

Frequently Asked Questions
Does NovaTech Co Ltd reference operational or capital allocation in relation to climate change?No
Is Capital Expenditure linked to emissions reduction?

Does the Board describe its role in the oversight of climate-related risks and opportunities?No
Has NovaTech Co Ltd submitted or committed to submit to a shareholder vote (say-on-climate) its climate strategy?

Does NovaTech Co Ltd disclose current and historical air emissions?
Does NovaTech Co Ltd disclose current and / or historical ozone-depleting emissions?
Does NovaTech Co Ltd disclose current and / or historical scope 1 emissions?
Does NovaTech Co Ltd disclose current and / or historical scope 2 emissions?
Does NovaTech Co Ltd disclose current and / or historical scope 3 emissions?

Does NovaTech Co Ltd disclose current and / or historical emissions broken down by scope?

Does NovaTech Co Ltd disclose GHG and Air Emissions intensity?
Does NovaTech Co Ltd disclose GHG Targets?
Does NovaTech Co Ltd disclose data for NOx, SOx and VOCs emissions?
Does NovaTech Co Ltd disclose its Scope Emissions targets?

Does NovaTech Co Ltd disclose current and historical energy intensity?
Does NovaTech Co Ltd disclose its current and / or historical energy use?
Does NovaTech Co Ltd disclose energy use targets?
Does NovaTech Co Ltd disclose its Renewable Energy targets?

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Does NovaTech Co Ltd disclose its biodiversity policy?
Does NovaTech Co Ltd disclose its forestry policy?
Does NovaTech Co Ltd disclose its internal carbon price?

Does NovaTech Co Ltd disclose long-term targets (>5 years) for reducing its GHG emissions?
Does NovaTech Co Ltd disclose Scope 3 emissions from use of sold products?

Does NovaTech Co Ltd disclose current and historical material use?
Are Operating Expesnses linked to emissions reduction?
Does NovaTech Co Ltd disclose climate scenario or pathway analysis?
Does NovaTech Co Ltd reflect climate-related risks in its financial statements?
Does NovaTech Co Ltd disclose the number and percentage of companies screened by environmental and social criteria?

Are emissions metrics verified by CDP?

Are emissions metrics verified by STBi?

Does NovaTech Co Ltd report according to TCFD requirements?
Does NovaTech Co Ltd disclose current and historical waste generation?
Does NovaTech Co Ltd disclose current and / or historical waste management?

Does NovaTech Co Ltd disclose waste targets?

Has NovaTech Co Ltd published clear targets on waste management?
Does NovaTech Co Ltd disclose current and / or historical water consumption?

Does NovaTech Co Ltd disclose its waste policy?
Does NovaTech Co Ltd disclose water use targets?
Does NovaTech Co Ltd condunt supply chain audits?
Does NovaTech Co Ltd engage third parties to conduct supply chain audit?
Does NovaTech Co Ltd disclose board meeting attendance?
Are there worker representatives on the board?
Does NovaTech Co Ltd disclose long term financial targets?

Does NovaTech Co Ltd report NPS (customer loyalty, customer churn or satisfaction surveys) ?
Does NovaTech Co Ltd report customer churn rates?

Does NovaTech Co Ltd have a policy relating to cyber security?
Does NovaTech Co Ltd disclose cybersecurity risks?
Does NovaTech Co Ltd adhere to ISO 27001 / ISO 27002 standards or the NIST cybersecurity framework?

Does NovaTech Co Ltd conduct cybersecurity training?

Does NovaTech Co Ltd disclose the individual responsible for D&I?
Does NovaTech Co Ltd conduct 360 degree staff reviews?
Does NovaTech Co Ltd have engagement surveys, a culture survey, a pulse survey?
Does NovaTech Co Ltd have a long term incentive (LTI) executive compensation plan based on a measure of return on capital?
Does NovaTech Co Ltd disclose the vesting percentage required for performance threshold in the LTIP?

Has NovaTech Co Ltd issued a profit warning in the past 24 months?
Does NovaTech Co Ltd report the average age of the workforce?
Does NovaTech Co Ltd report internal employee trust metrics such as ENPS?
Does NovaTech Co Ltd permit its workforce to engage in collective bargaining?
Does NovaTech Co Ltd disclose average employee tenure?

Does NovaTech Co Ltd refer to human capital or people risk in its risk disclosures?

Does NovaTech Co Ltd promote decent work conditions in relation to its supply chain?
Does NovaTech Co Ltd allow for Work Councils/Collective Agreements to be formed?
Does NovaTech Co Ltd report the number of strikes or work related stoppages?
Does NovaTech Co Ltd have an accelerator or VC vehicle to help deliver innovation?
Does NovaTech Co Ltd have a chief innovation officer?
Does NovaTech Co Ltd disclose the ratio of CEO total compensation relative to average employee compensation ?
Does NovaTech Co Ltd disclose its gender pay gap?

Does NovaTech Co Ltd disclose its ethnicity pay gap?
Does NovaTech Co Ltd disclose the number of employees in R&D functions?
Does NovaTech Co Ltd engage in animal testing?

Does NovaTech Co Ltd engage in stem cell research?
Does NovaTech Co Ltd have a commitment to a living wage?
Does NovaTech Co Ltd disclose the vesting schedule of its equity compensation plan?
Is executive remuneration linked to climate performance?
Does NovaTech Co Ltd offer flexible work?
Does NovaTech Co Ltd disclose employee diversity metrics?
Does NovaTech Co Ltd disclose employee gender diversity metrics?
Does NovaTech Co Ltd disclose the pay ratio of women to men?
Does NovaTech Co Ltd disclose incidents of non-compliance in relation to the health and safety impacts of products and services?
Does NovaTech Co Ltd disclose information on fatalities and accidents in the workplace

Does NovaTech Co Ltd report instances of occupational ill health, injury and fatality?
Does NovaTech Co Ltd disclose reportable workplace incidents?
Does NovaTech Co Ltd disclose the number of employees, new hires and turnover metrics?

Does NovaTech Co Ltd disclose parental leave metrics?
Does NovaTech Co Ltd disclose employee training metrics?
Does NovaTech Co Ltd disclose the number of operations that have been subject to human rights reviews or human rights impact assessments?
Does NovaTech Co Ltd disclose its policies for bribery, corruption, whistle-blower, conflict of interest?
Does NovaTech Co Ltd disclose the number of customer privacy complaints?

Does NovaTech Co Ltd disclose incidents of discrimination?
Does NovaTech Co Ltd disclose incidents relating human rights, child labour and forced labour?
Does NovaTech Co Ltd disclose incidents of corruption?

Does NovaTech Co Ltd disclose the number of incidents involving the rights of indigenous peoples?
Does NovaTech Co Ltd disclose incidents of non-compliance in relation to product and service information/labelling or marketing communications?

Did NovaTech Co Ltd have a product recall in the last two years?
Does NovaTech Co Ltd support suppliers with sustainability related research and development?
Does NovaTech Co Ltd have careers partnerships with academic institutions?
Is NovaTech Co Ltd involved in embryonic stem cell research?
Does NovaTech Co Ltd avoid gender bias in its hiring?
Does NovaTech Co Ltd disclose the number of hours and/or employees/security personnel trained on human rights policies or procedures?
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Potential Risks for NovaTech Co Ltd
These potential risks are based on the size, segment and geographies of the company.
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Novatech Co., Ltd., together with its subsidiaries, engages in the design, manufacture, and sale of magnet and magnet applications in South Korea. The company also provides magnet plates used as protective cover for various IT devices. Its products are primarily used in vehicle, wireless chargers, and household appliances applications. The company was formerly known as MPlus Co. Ltd. and changed its name to Novatech Co., Ltd. in March 2018. Novatech Co., Ltd. was founded in 2007 and is headquartered in Yongin, South Korea.