Fair Money & Economic Opportunity

NVM.XETRA is described as a Germany-based automotive supplier. The value 'Fair Money & Economic Opportunity' primarily assesses financial institutions. While one article mentions 'Novem Group' as an SEC-Registered Investment Adviser firm with a podcast on financial behavior, it is not explicitly stated that this 'Novem Group' is the same entity as NVM.XETRA (NOVEM GROUP S.A.), the automotive supplier.

Given the strict rule that evidence about a single product, facility, or subsidiary does not apply to the whole company unless explicitly stated, and the primary company description as an automotive supplier, the financial services-related KPIs are not applicable to the company being scored. Therefore, all KPIs are omitted due to a lack of relevant evidence for the automotive supplier NVM.XETRA.

Fair Pay & Worker Respect

Novem Group S.A. reported a Lost Time Injury Frequency (LTIF) of 7.0 per 1 million hours worked for FY2022/23, with no fatal occupational accidents.

This converts to a TRIR of 1.4 per 200,000 hours.

Fair Trade & Ethical Sourcing

No specific, concrete evidence was found in the provided articles for NVM.XETRA (NOVEM GROUP S.A) regarding any of the Fair Trade & Ethical Sourcing KPIs.

, which is the only article pertaining to NVM.XETRA, explicitly states that no information is provided for any of the relevant KPIs. The other articles (, , and ) refer to different companies (H&M Group, Novum Leap, and Novum Energy, respectively) and are therefore not applicable to NVM.XETRA.

Honest & Fair Business

Novem Group has a formal whistleblower protection policy and a whistleblower system in place.

The company also has an anti-corruption policy and a Code of Conduct. Novem has implemented the German Supply Chain Act (LkSG) and assesses 96% of its series suppliers using the EcoVadis platform. The company holds IATF 16949, ISO 14001, ISO 50001, and TISAX certifications for various locations, which serve as independent verification of some ethical claims and compliance.

Kind to Animals

No specific, concrete data points or relevant information regarding NVM.XETRA's performance on any 'Kind to Animals' KPIs were found in the provided articles. Articles

, , and explicitly state the absence of such information for NVM.XETRA. Articles and pertain to other companies (REWE Group and Minerva Foods) and are therefore not applicable to this assessment.

No War, No Weapons

Novem Group S.A. is an automotive interior trim parts supplier, and its core business does not involve defense or arms-related activities, with R&D focused on automotive interior components.

Consequently, there is no defense business for the board to oversee, and no ethical red lines related to weapons are explicitly needed or mentioned in its Code of Conduct. The company also has no exposure to controversial weapons. Regarding procurement, Novem's report details compliance with the German Supply Chain Act (LkSG) and uses EcoVadis for supplier assessments, indicating adherence to basic humanitarian procurement guidelines. For conflict minerals, the company mentions conducting supplier assessments, but no percentage of the supply chain certified conflict-free is provided, suggesting minimal traceability.

Planet-Friendly Business

For FY 2023/24, the company reported Scope 1 emissions of 9,224 tCO₂e and Scope 2 emissions of 56,305 tCO₂e, totaling 65,529 tCO₂e.

While Scope 1 and 2 emissions declined by 16.87% from FY 2022/23, total Scope 3 emissions were not reported for FY 2023/24, with only an indication that recording for German sites began in FY 2022/23 and reporting planned from FY 2023/24. The company has set targets to achieve greenhouse gas neutrality in Germany by 2025, in Europe by 2030, and globally by 2035, but these are not validated science-based targets. The Langfang, China site covered its entire electricity demand from renewable sources via a Green Power Purchase Agreement (PPA) since the beginning of 2024, but no company-wide percentage of renewable energy is provided. For FY 2022/23 and FY 2023/24, no material capital expenditures were reported as aligned with the EU taxonomy. The company reported no environmental compliance violations in FY 2021/22, FY 2022/23, or FY 2023/24. There is no evidence of TCFD alignment, climate scenario analysis, or transparency regarding stranded asset risks. While 4,500 trees were planted at the Eschenbach site, this is a limited biodiversity effort. The company evaluates 74% of its suppliers based on annual turnover and reports that 88% of its largest series material suppliers comply with ISO 14001 and 57% with ISO 50001, but there is no evidence of suppliers having SBTi targets or deep supply chain climate transparency beyond initial Scope 3 recording for German sites. No programs addressing climate justice, just transition, or climate adaptation financing are evidenced.

Zero Waste & Sustainable Products

No specific, quantifiable evidence was provided for any of the KPIs related to Zero Waste & Sustainable Products for NVM.XETRA (NOVEM GROUP S.A.).

Information regarding Novem-IT, a separate entity, was not considered applicable to NVM.XETRA. Therefore, all KPIs are omitted due to lack of direct evidence.