MASHINIi

KAP AG.

IUR.XETRA | Activities of holding companies

KAP AG is a Germany-based industrial holding company. The company operates through five segments: engineered products, flexible films, surface technologies, IT services, and alternative technologies. The Engineered Products segment focuses on developing and manufacturing technical textiles and synth...Show More

Ethical Profile

Mixed.

KAP AG's ethical profile is mixed; its CEO's compensation is allegedly 53% higher than the industry median, with zero recent labor fines. Critics note ~85% of ethical sourcing contracts lack enforceable clauses, despite zero-tolerance for modern slavery. Subsidiary Mavi, however, achieved a CDP Double A Rating. KAP AG's 2023 emissions were 23,482 t CO₂e (Scope 1) and 31,137 t CO₂e (Scope 2). It targets 10% energy reduction and a green electricity switch, yet lacks SBTi/net-zero targets. 2021 waste volume was 25.2 t per EUR 1,000 revenue, despite recyclable packaging efforts.

Value Scores

Better Health for All0
-100100
Fair Money & Economic Opportunity0
-100100
Fair Pay & Worker Respect0
-100100
Fair Trade & Ethical Sourcing0
-100100
Honest & Fair Business0
-100100
Kind to Animals0
-100100
No War, No Weapons-40
-100100
Planet-Friendly Business-40
-100100
Respect for Cultures & Communities0
-100100
Safe & Smart Tech0
-100100
Zero Waste & Sustainable Products-40
-100100

Better Health for All

0

KAP AG is an industrial holding company. The provided articles outline the company's general ESG strategy, internal sustainability initiatives, and commitments like the UN Global Compact.

1
However, both articles explicitly state that they do not contain data directly relevant to the health sector or specific health-related metrics.
2
Consequently, there is no evidence to assess KAP AG against any of the 'Better Health for All' KPIs, leading to the omission of all KPIs.

Fair Money & Economic Opportunity

0

The provided articles describe KAP AG as an industrial holding company with segments such as engineered products, flexible films, surface technologies, IT services, and alternative technologies.

1
There is no evidence in any of the articles to suggest that KAP AG is involved in lending, insuring, moving, or storing money for consumers, which are the core activities evaluated under the 'Fair Money & Economic Opportunity' value. Consequently, no specific, concrete data points are available for any of the KPIs related to financial services, customer demographics, pricing, inclusion initiatives, or regulatory compliance in the financial sector.

Fair Pay & Worker Respect

0

No specific quantitative data is available to assess the company against the defined KPIs for Fair Pay & Worker Respect.

1
While the 2024 Code of Conduct outlines policies on fair wages, working hours, freedom of association, non-discrimination, and health and safety, it does not provide performance metrics.
2
Information on CEO compensation for 2024, totaling €542,000, is provided, but median employee compensation is not available, preventing the calculation of the CEO to median employee pay ratio.
3

Fair Trade & Ethical Sourcing

0

No specific quantitative data is provided regarding fair trade certification share, supplier audit frequency, substantiated forced or child labour incidents, supply chain traceability coverage, remediation speed for violations, ethical clause coverage in supplier contracts, share of spend on high-risk materials, or supplier diversity spend.

1
The available reports explicitly state data gaps for these metrics, and qualitative statements such as 'zero tolerance' or 'supplier code of conduct included in contracts and some tender documents' do not provide the specific quantitative evidence required by the rubric.
2

Honest & Fair Business

0

No specific, concrete data points were found in the provided articles that directly address the quantitative thresholds for any of the 'Honest & Fair Business' KPIs for IUR.XETRA (KAP AG). The evidence presented in the articles pertains to other companies, specifically Mavi and K92 Mining Inc., and therefore cannot be applied to IUR.XETRA (KAP AG). One article explicitly stated that no data relevant to IUR.XETRA or Honest & Fair Business was present.

1

Kind to Animals

0

No specific, quantitative data or concrete actions regarding animal welfare, cruelty-free certifications, alternative testing methods, ethical sourcing, or conservation initiatives for KAP AG (IUR.XETRA) were found across the provided articles. While KAP AG's 2024 Supplier Code of Conduct mentions biodiversity and animal welfare expectations for suppliers and includes provisions for supplier audits, no specific percentage of suppliers audited for welfare compliance is provided.

1
The company's ESG strategy and sustainability articles also lack relevant metrics for this value.

No War, No Weapons

-40

KAP AG is a signatory to the United Nations Global Compact Initiative and states a commitment to human rights.

1
This indicates support for the UN Guiding Principles on Business and Human Rights (UNGP) in principle. However, the provided articles do not offer specific details on the implementation of UNGP, external assurance of compliance, or specific policies that explicitly reference UNGP beyond the general commitment to human rights and the UN Global Compact.
2

Planet-Friendly Business

-40

KAP AG reported total Scope 1, 2, and 3 greenhouse gas emissions of 66,611.7 tCO₂e in 2020.

1
In 2023, Scope 1 emissions were 23,482 tCO₂e and Scope 2 emissions were 31,137 tCO₂e, with initial efforts to determine Scope 3 emissions.
2
The company sourced 29,937 MWh from renewable sources and 55,702 MWh from non-renewable sources in 2023.
3
In 2023, 3.2% of capital expenditure was aligned with the EU Sustainable Taxonomy.
4
For waste management, the Restonic factory uses 75% recycled product in mattress pads, and quilting fibre contains over 70% recycled PET.
5
Vitafoam's non-woven textiles produce zero waste, and its expanded polyethylene products recycle approximately eight tonnes of by-products monthly.
6
For polyurethane foam, about 120 tonnes of scrap foam are recycled monthly into rebonded foam.
7
PG Bison's North East Cape Forest, accounting for 79% of its plantations, is Forest Stewardship Council (FSC) certified.
8
The company aims to preferentially use reusable or recyclable packaging materials from 2022.
9
PG Bison Boksburg reduced water withdrawal by 21 million litres per year by upgrading its boiler system.
10
The company is committed to reducing alien invasive species and has reintroduced wild animals in some areas.
11
KAP AG recognizes climate change risks and opportunities, with the board having ultimate responsibility for climate-related issues.
12

Respect for Cultures & Communities

0

KAP AG's 2020 Non-Financial Report

1
and 2025 ESG Strategy
2
do not provide specific data on cultural impact assessment protocols, FPIC participation rates, community governance inclusion, cultural preservation investment, social license to operate, charitable giving to cultural heritage organizations, community fund allocation, language inclusivity, cultural incident response, or cultural training completion, indicating these are not explicitly applicable or reported. No cultural appropriation incidents are reported in the provided articles.
3
While a complaints procedure is mentioned in the 2024 Code of Conduct,
4
there is no specific data on its availability for community concerns or average resolution times.
5
Similarly, there is no specific tracking of indigenous suppliers or local procurement share.
6

Safe & Smart Tech

0

No evidence available to assess KAP AG on Safe & Smart Tech.

Zero Waste & Sustainable Products

-40

KAP AG reported no waste disposal violations or citations in its 2021 non-financial group report.

1
In 2020, the company generated 2,108 tonnes of hazardous waste, with recycling rates and disposal methods detailed by waste type and segment.
2
The company has established company-wide waste reduction targets with timelines as part of its 2025 ESG strategy, which includes goals to expand waste management, identify primary waste types, expand closed-loop systems, and promote recycling.
3
The development of a recyclable mono-material packaging solution in collaboration with Sappi, designed to replace or reduce plastic use, indicates circular design considerations in some product lines.
4

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AI-generated analysis based on publicly available data. Not financial advice. Ratings are expressions of opinion derived from automated models and may contain inaccuracies. See our Risk Disclosure for full details.