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With SA8000 Certification, WIN WIN Company and its solar brand WINAICO Support Human Rights in 9 elements.

Business

With SA8000 Certification, WIN WIN Company and its solar brand WINAICO Support Human Rights in 9 elements.
Business

Business

With SA8000 Certification, WIN WIN Company and its solar brand WINAICO Support Human Rights in 9 elements.

2024-11-13 07:00 Last Updated At:07:15

WINAICO's initial actions to adhere to EU human rights protections

HSINCHU, Nov. 13, 2024 /PRNewswire/ -- Formally adopted by the European Council at the end of July 2024, the Corporate Sustainability Due Diligence Directive (CSDDD) motivates businesses and supply chains to take a more constructive approach on issues of human rights and the environment. Therefore, as the initial phase of the human rights construction, WIN WIN Precision Technology Co., Ltd., which has been fostering the renewable energy market in Europe for over 16 years, deployed ahead of schedule in 2023 and formally obtained the SA8000 international standard for social responsibility in early November 2024.

Human rights concerns rank as the next priority for sustainable development goals, behind climate change and the shift to a low-carbon economy. A safe workspace, equitable employment terms, and opportunities for professional growth are considered as indicators of labor rights. Employees in certain nations or businesses are allegedly asked to put in extra hours, as well as have their salaries and property withheld, which are all counterexamples of human rights.

As a multinational enterprise that specializes in both new energy and semiconductors, WIN began by manufacturing essential equipment components, then expanding into branding of solar modules. According to Mr. Szu-Ming Chen, CEO of WIN, says that the company keeps abreast of trends in the EU market since approximately 80% of solar products are shipped to European nations, and the achievement of the SA8000 accreditation can be seen as a good example of corporate social responsibility.

SA8000 (Social Accountability) measures the effectiveness of human rights in 9 elements: child labor, forced or compulsory labor, health and safety, free association and collective bargaining, discrimination, disciplinary practices, working hours, remuneration, and management system. Meanwhile, the "Zero Placement Fee" is applied, meaning that all employees, particularly migrant workers, would not be required to pay for expenses like healthcare, visas, and airline tickets when being recruited.

Companies that have earned the SA8000 social responsibility certification include theme parks, sportswear brands, and tech companies; WIN is considered a pioneer in the energy sector. "Human rights have always been a core value in Europe, and the SA8000 certification would make our clients' and partners' willingness to partner with us." stated Marc Ortmanns, Head of Germany. As noted by Australia's managing director, Blair Pester, "WIANICO is a prominent business and one of the few energy brands to have earned the SA8000 certification, which ensures the quality of the goods and human rights."

For more information on WINAICO's certified practices and product offerings, please visit https://winaico.com/

About WIN

WIN WIN Precision Technology Co.,Ltd., a company founded in 2003, emphasizes both on semiconductors and new energy. The Semiconductor BU, which specializes in developing and producing key equipment components, has been regarded by international foundries as the premier supplier. Under the solar branding WINAICO, the New Energy BU has installed more than 200,000 rooftop modules across 29 countries.

** The press release content is from PR Newswire. Bastille Post is not involved in its creation. **

With SA8000 Certification, WIN WIN Company and its solar brand WINAICO Support Human Rights in 9 elements.

With SA8000 Certification, WIN WIN Company and its solar brand WINAICO Support Human Rights in 9 elements.

SINGAPORE, Dec. 27, 2024 /PRNewswire/ -- Nodepay, a decentralized AI platform transforming unused internet bandwidth into real-time data pipelines for AI training, today announced it has raised a second round of funding, bringing its total to $7 million.

The latest funding round welcomed new strategic investors IDG Capital ($23 Billion AUM), Mythos, Elevate Ventures, IBC, Optic Capital, Funders.VC, Matthew Tan (Etherscan founder) and Yusho Liu (CoinHako Co-founder & CEO) as notable angels. They join an impressive roster of previous backers that includes Animoca Brands, Mirana, OKX Ventures, JUMP Crypto, Tokenbay Capital and more.

Nodepay's network taps into a global community of users running privacy-protected nodes. By sharing their spare internet bandwidth, these participants earn rewards for creating a real-time data source that improves AI inference with accurate, timely information—an approach known as Retrieval Augmented Generation (RAG).

Darren Nguyen, co-founder of Nodepay commented: "Our mission is to develop solutions that create tangible value for both AI developers and its end users. We give contributors a share in the AI ecosystem they help fundamentally build."

Nodepay's infrastructure platform integrates real-time data retrieval, a Web3-focused decentralized answer engine, reinforcement learning for more accurate model output, and gamified human verification. Together, these components combine to create a fair, collaborative, and innovative AI ecosystem.

Eric Le, investment director of IDG Capital, said, "The team at Nodepay is democratizing the AI economy by providing a platform that allows users to share directly in the value they create. We're proud to support their vision of making AI more accessible and beneficial to all."

With this funding, Nodepay will continue to commercialize its infrastructure to benefit both its community and partner AI labs. As it prepares to launch on Solana, Nodepay stands ready to lead the next era of decentralized AI development and training.

Already serving over 1.5 million active users worldwide, Nodepay continues to expand its reach, solidifying its role as a leader in the integration of AI and blockchain technology. Users can expect further updates and new announcements through their social channels and official website.

About Nodepay
Nodepay is a decentralized AI platform dedicated to democratizing AI training through real-time data retrieval. By turning idle internet bandwidth into a valuable resource, Nodepay fuels the next generation of AI models and stands at the forefront of AI decentralization.

** The press release content is from PR Newswire. Bastille Post is not involved in its creation. **

Nodepay Raises $7M Total Funding To Power AI Growth with Real-Time Data Infrastructure

Nodepay Raises $7M Total Funding To Power AI Growth with Real-Time Data Infrastructure

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