PARAGON KGAA.
PGN.XETRA | Manufacture of parts and accessories for motor vehicles
Paragon GmbH & Co. KGaA is a Germany-based company that develops, manufactures and distributes automotive components. The Company operates through five business units: Electronic, Body Kinematics, Interior, Acoustics and Digital Assistance. The Electronic unit develops and manufactures products in t...Show More
Better Health for All
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Paragon GmbH & Co. KGaA is an automotive components supplier. Its principal goods and services, such as battery management systems, body kinematics, interior components, acoustics, and digital assistance systems, are generally health-neutral. While the company's air quality sensor technology for vehicles is stated to improve health and well-being through clean air and reduced exposure to pollutants in vehicle interiors, the proportion of this health-positive offering within the company's entire product portfolio is not specified.
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Therefore, the overall net health effect of the firm's principal goods or services is considered neutral. No evidence indicates revenue from products with negative health outcomes, nor is there data on user harm or adverse events from its products. The company does not offer health-related products or services requiring accessibility, nor does it engage in health equity programs, healthcare workforce support, preventative health measures, or health education. There is no evidence of the company collecting or managing health-related data, conducting clinical trials, or having products with addiction potential. Environmental impacts like GHG emissions and waste production are explicitly excluded from this value.
Fair Money & Economic Opportunity
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PGN.XETRA (PARAGON KGAA) is described as a Germany-based company that develops, manufactures, and distributes automotive components. The ethical value 'Fair Money & Economic Opportunity' assesses financial institutions and their provision of financial services. The provided articles discuss financial services offered by 'Paragon Bank' or 'Paragon' as a Community Development Financing Institution (CDFI). Paragon became a Community Development Financing Institution (CDFI) in 2011
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. However, there is no explicit evidence stating that 'Paragon Bank' or the CDFI are subsidiaries of PGN.XETRA (PARAGON KGAA) or that their financial activities apply to the whole company being assessed. Therefore, based on the company's stated core business as an automotive manufacturer, all KPIs related to consumer financial products, lending practices, and financial inclusion initiatives are not applicable.
Fair Pay & Worker Respect
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As of April 5, 2023, the median hourly pay for women at Paragon Customer Communications (London) Ltd was 74.2% of men's pay, reflecting a 25.8% median hourly pay gap.
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For Paragon Customer Communications Ltd, the median hourly pay for women was 76.3% of men's pay, reflecting a 23.7% median hourly pay gap.
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The company's employee engagement score, derived from Glassdoor reviews, is approximately 74 out of 100. Additionally, 70% of employees would recommend working at Paragon, and the CEO approval rating is 89%.
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Fair Trade & Ethical Sourcing
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No evidence available to assess PARAGON KGAA on Fair Trade & Ethical Sourcing.
Honest & Fair Business
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No evidence was found in the provided articles that pertains to PGN.XETRA (PARAGON KGAA). The articles refer to other entities such as Paragon Union Berhad
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, Paragon Banking Group
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, and Paragon 28 (P28)
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.
Kind to Animals
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The company manufactures automotive components, and its operations do not intersect with animal welfare policies.
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Consequently, no animal-welfare audit scope applies to its suppliers.
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No War, No Weapons
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Paragon's core business, manufacturing automotive components, is primarily for civilian use.
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There is an absence of any disclosed involvement in defense activities or contracts.
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Similarly, there is no specific data on the development or sale of dual-use technology.
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Planet-Friendly Business
-30
The company has set a net-zero target year of 2035.
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Its waste recovery rate was 89.6% in 2022/2023.
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20% of its electricity consumption came from renewable sources between 2021 and 2023.
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No environmental compliance violations were recorded.
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Respect for Cultures & Communities
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No specific, concrete data points were found in the provided articles for any of the KPIs related to Respect for Cultures & Communities. Information regarding formal partnerships, community reinvestment, cultural appropriation incidents, impact assessment protocols, local employment ratios, grievance mechanisms, FPIC participation, community governance, cultural preservation investment, local procurement, indigenous suppliers, cultural site protection, social license, charitable giving, community fund allocation, language inclusivity, cultural incident response, or cultural training completion is not explicitly stated.
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Safe & Smart Tech
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No evidence available to assess PARAGON KGAA on Safe & Smart Tech.
Zero Waste & Sustainable Products
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The company does not generate hazardous waste during its manufacturing process.
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Paragon Manufacturing recycles 99% of its scrap.
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The company has implemented several waste reduction initiatives, including range consolidation, the use of super concentrates, comprehensive recycling of various materials (plastic pellets, parts, corrugated materials, wood pallets, paper, printer cartridges), the use of returnable packaging, and water recycling during manufacturing.
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Circular design principles are applied through the use of biodegradable ingredients and natural components whenever possible.
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The company conducts audits of its suppliers to ensure sustainability goals are aligned.
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No waste disposal violations or compliance issues have been mentioned across multiple articles.
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