SFC ENERGY AG.
F3C.XETRA | Manufacture of other electrical equipment
SFC Energy AG is a Germany-based manufacturer of direct methanol fuel cells (DMFC) and hybrid power solutions. The company develops, manufactures, and distributes fuel cells and related products for stationary and mobile power generation. Its products are used in a variety of applications, including...Show More
Better Health for All
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SFC Energy AG's products include direct methanol fuel cells (DMFC), which use methanol, a toxic substance.
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Additionally, various products, such as EFOY batteries and cables, contain substances of very high concern (SVHCs) like Lead, 1,2-Dimethoxyethane, Nonylphenol ethoxylated, and 6,6‘-di-tert-butyl-2,2‘-methylendi-p-Kresol at concentrations above 0.1% w/w.
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Lead is a known harmful substance. While the company also offers hydrogen fuel cells that produce only water vapor and waste heat, indicating a positive environmental impact, the presence of these harmful substances and toxic fuel in other core products means that a portion of the product portfolio has negative health effects.
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The company's operations do not have significant health externalities, as its hydrogen fuel cell technology produces only water vapor and waste heat.
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Fair Money & Economic Opportunity
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SFC Energy AG is a manufacturer of fuel cells and hybrid power solutions, not a financial institution.
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The company's core business involves developing, manufacturing, and distributing fuel cells and related products.
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As such, it does not offer lending, deposit, or other financial services to consumers or businesses.
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Therefore, all KPIs related to financial products, services, and their associated practices (such as pricing, fees, lending compliance, and customer financial outcomes) are not applicable to its business model. The provided article contains no information relevant to the 'Fair Money & Economic Opportunity' value.
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Fair Pay & Worker Respect
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SFC Energy AG has an overall employee rating of 4.28 out of 5 on Glassdoor, which translates to 85.6%.
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The company also has an 81% employee recommendation rate.
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Additionally, the CEO approval rating is 55%.
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Employee ratings by category include 4.0 for culture and values, 4.1 for diversity and inclusion, 4.4 for work-life balance, 4.2 for senior management, 4.2 for compensation and benefits, and 4.2 for career opportunities.
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Fair Trade & Ethical Sourcing
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SFC Energy Ltd., a subsidiary of SFC Energy AG, reported no incidents of forced or child labor in its statement for the 2023 financial year, made pursuant to the Fighting Against Forced Labour and Child Labour in Supply Chains Act.
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The SFC Code of Conduct for Business Partners explicitly prohibits child and forced labor, and the company has launched a campaign to obtain sign-off on this Code of Conduct from business partners.
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Employees involved in setting up new vendors are trained on the supplier qualification process, which includes this sign-off.
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For traceability, SFC Energy Ltd. introduced a new requirement in May 2024 to include the country of origin on all new part numbers created in its ERP system.
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Regarding ethical clauses, the SFC Code of Conduct for Business Partners includes a commitment to human and worker rights and no acceptance of child and forced labor.
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The company revised its Human Rights Policy in April 2023 to ask business partners to commit to respecting human rights based on this policy.
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The Group expects business partners to make a commitment to respect human rights on all issues described in the policy.
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The company also has a 'Speak Up' initiative with multiple reporting channels for misconduct, including human rights breaches, and states it will not tolerate retaliation against those who report.
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Honest & Fair Business
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SFC Energy AG received an administrative fine of €189,000 ($203,000) from BaFin on May 21, 2024, for late financial reporting of its half-yearly 2022 report.
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The company has a 'Speak Up' initiative with multiple reporting channels, including an anonymous online system and an external ombudsperson, and explicitly states a zero-tolerance policy for retaliation against whistle-blowers.
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However, there is no evidence of independent investigation processes for these reports. SFC Energy Group has codes of conduct for employees and business partners, which include compliance with national and international laws and guidelines, and encourages reporting of financial fraud or corruption.
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While an FCPA-compliant policy is implied by the reporting channels for financial fraud and corruption, the frequency and effectiveness metrics of training are not specified. The company published its first audited VSME ESG Report in 2025 for the 2024 financial year, which was independently audited by PwC with limited assurance, indicating partial independent verification of ethical claims.
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Kind to Animals
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No evidence was found in the provided articles regarding SFC Energy AG's performance on any of the 'Kind to Animals' KPIs. The company manufactures fuel cells and power solutions.
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The articles focus on financial results, quality and environmental management systems (ISO certifications), product showcases, and general environmental sustainability initiatives such as CO2 reduction, none of which provide specific data points relevant to animal welfare.
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No War, No Weapons
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No evidence available to assess SFC ENERGY AG on No War, No Weapons.
Planet-Friendly Business
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No specific, quantitative data points were found in the provided articles for any of the Planet-Friendly Business KPIs. While the company holds ISO 14001 environmental management system certification at major sites and states a focus on environmental protection, these do not provide the concrete metrics required by the rubric, such as emissions, renewable energy use, waste diversion rates, or specific climate targets.
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Information regarding a financial regulatory fine from BaFin for failing to publish a half-yearly financial report does not pertain to environmental compliance violations.
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Respect for Cultures & Communities
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No specific, concrete data points relevant to the 'Respect for Cultures & Communities' ethical value were found in the provided articles. The articles primarily focus on career opportunities, company size, and product promotions, without addressing community engagement, cultural impact, or social responsibility metrics.
Safe & Smart Tech
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The company uses SSL encryption for data transmission.
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Its privacy policy grants users rights to information, correction, deletion, restriction of processing, data portability, and revocation of consent.
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Data is collected only as necessary and deleted when no longer needed, specifically after legal obligations expire.
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The company states compliance with GDPR, BDSG, AktG, and other relevant laws.
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For its 2020 Virtual General Meeting, authentication methods included a GM ticket number and password.
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Zero Waste & Sustainable Products
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SFC Energy has implemented a fuel cell refurbishment program, which gives used parts a second life, and its products are designed for repair, promoting longevity and waste reduction.
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These actions indicate that circular design principles are applied to several product categories. The refurbishment program also serves as a waste reduction initiative.
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The company is certified to ISO 14001 at several locations, which confirms resource-sparing and environmentally aware behavior, including the avoidance of unnecessary burdens from harmful substances, indicating compliant hazardous waste management.
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SFC Energy products are characterized by high reliability, suggesting excellent lifespans at industry standard.
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The company has not reported any waste disposal violations in the past three years. While SFC Energy is committed to the Race to Net Zero by 2050, this is a general commitment rather than a specific, quantitative waste reduction target.
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The company expects its business partners, including suppliers, to live up to their social responsibility, which implies minimal waste requirements for tier-1 suppliers.
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