INIT INNOVATION.
IXX.XETRA | Computer programming activities
INIT Innovation in Traffic Systems SE is a Germany-based company that provides intelligent transportation systems (ITS) solutions. It develops, produces, integrates, and maintains software and hardware solutions for public transportation. Its offerings include planning, dispatching, telematics, tick...Show More
Better Health for All
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No evidence available to assess INIT INNOVATION on Better Health for All.
Fair Money & Economic Opportunity
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INIT Innovation in Traffic Systems SE provides intelligent transportation systems (ITS) solutions, including software and hardware for public transportation, ticketing, and fare management.
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The company's core business is not financial services, and no evidence suggests it offers lending, deposit, or other consumer credit products. Therefore, all KPIs related to fair money and economic opportunity are not applicable.
Fair Pay & Worker Respect
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The company's permanent employee turnover rate was 8.11% in 2018.
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No other specific data on fair pay or worker respect metrics, such as living wage coverage, CEO-median pay ratio, collective bargaining share, safety incident rate, pay equity ratio, worker engagement score, labor violation incidents, insecure contract share, or health insurance coverage, is available.
Fair Trade & Ethical Sourcing
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No evidence available to assess INIT INNOVATION on Fair Trade & Ethical Sourcing.
Honest & Fair Business
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The company has ethical guidelines available to employees that include rules on combating corruption and bribery, serving as a framework for daily actions.
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However, the available information does not detail specific guidance on areas like facilitation payments or gift thresholds, nor does it provide information on enforcement or training frequency. A formal online whistleblower system was launched on January 1, 2018.
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This system allows for both internal and external reporting, offers anonymous reporting, and contracts an external, independent law firm to receive and pre-screen reports.
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Kind to Animals
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No specific, concrete data points relevant to INIT INNOVATION (IXX.XETRA) or the 'Kind to Animals' ethical value were found in any of the provided articles. Therefore, no KPIs can be scored.
No War, No Weapons
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The company is listed as having no military contracting, no controversial weapons, and no small arms
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. This aligns with its core business of providing intelligent transportation systems solutions for public transportation, indicating no defense or arms-related activities or exposure.
Planet-Friendly Business
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The company does not have SBTi-validated, science-based carbon reduction targets. It has a net-zero target year of 2030 for Scope 1 and 2 emissions.
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In 2023, 43% of operational energy consumption was sourced from renewables.
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The waste diversion rate for non-hazardous waste was 99.82%.
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Additionally, 96.2% of capital expenditure was aligned with the EU Sustainable Taxonomy.
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Respect for Cultures & Communities
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The provided articles, including the 2024 and 2023 annual and ESG reports, do not contain specific quantitative data or detailed information regarding INIT Innovation's performance on any of the 'Respect for Cultures & Communities' KPIs.
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The reports focus on financial performance, environmental metrics (e.g., emissions, energy consumption), general employee matters (e.g., headcount, turnover, training hours, diversity on supervisory board), and compliance with regulations like the CSRD.
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There is no evidence of formal partnerships with indigenous or local community groups, revenue reinvested in local community development, cultural appropriation incidents, cultural impact assessment protocols, local employment ratios, community grievance mechanisms, FPIC participation, community governance inclusion, cultural preservation investments, local procurement, indigenous supplier engagement, cultural site protection, social license to operate, charitable giving to cultural organizations, community fund allocation, language inclusivity, cultural incident response, or cultural sensitivity training completion.
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Safe & Smart Tech
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The company states that data collected is limited to contract-related needs
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and is kept only as long as necessary for service delivery or legal requirements
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. It also states compliance with GDPR, the German Federal Data Protection Act (BDSG), and other relevant laws
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. Users are granted rights to access, correct, erase, restrict, withdraw consent, and request data portability, in accordance with applicable laws
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.
Zero Waste & Sustainable Products
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INIT achieved a 100% reduction of trash going to the regional landfill, earning zero-waste-to-landfill certification.
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The company has implemented over ten waste reduction initiatives, including replacing personal trash cans with recycle bins, installing hand dryers that eliminated 593 pounds of paper towel usage in the first year, and purchasing reusable kitchenware to eradicate paper and plastic use in the kitchen.
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Other initiatives involve sorting and reusing shipping materials, repurposing or reselling used electronic equipment, and composting organic materials.
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Hazardous waste constitutes a very low 0.18% of total waste and is managed by rerouting electronics and cables to a recycler that ensures 100% zero exports.
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