MASHINIi

PERFORMANCE ONE AG.

PO1.XETRA | Manufacture of pharmaceuticals, medicinal chemical and botanical products

PERFORMANCE ONE AG, formerly known as MagForce AG, is a Germany-based company specializing in the field of nanotechnology-based medical technology. The company's core focus is on the development, manufacturing, and distribution of NanoTherm therapy, a cancer treatment method. This therapy involves i...Show More

Ethical Profile

Mixed.

Not enough information to create an ethical profile.

Value Scores

Better Health for All-30
-100100
Fair Money & Economic Opportunity0
-100100
Fair Pay & Worker Respect0
-100100
Fair Trade & Ethical Sourcing0
-100100
Honest & Fair Business0
-100100
Kind to Animals-30
-100100
No War, No Weapons0
-100100
Planet-Friendly Business-50
-100100
Respect for Cultures & Communities0
-100100
Safe & Smart Tech0
-100100
Zero Waste & Sustainable Products0
-100100

Better Health for All

-30

Performance One AG's primary health-related offerings, as described in the articles, are the mental health platforms couch:now and harmony.

1
These platforms provide psychological support, self-help for issues like couples counseling, loneliness, and burnout,
2
and have been scientifically proven to reduce stress.
3
This indicates that a significant portion of the company's health-related offerings deliver substantial health benefits, with health impact central to its strategy. The company has made significant investments in these e-health initiatives and AI co-products, including receiving research grants from the German Federal Ministry of Education and Research (BMBF).
4
The mental health platforms are marketed as digital prevention applications,
5
but the company's overall focus is not predominantly on prevention. While the company aims for health insurance reimbursement and corporate provision,
6
currently only around 2,500 self-paying members use the platform,
7
which is offered at monthly (EUR 19) or annual (EUR 69) subscriptions or as one-time purchases (EUR 159).
8
This pricing structure, without widespread reimbursement, limits accessibility. The company's vision is for universal mental health access,
9
but its current reach to vulnerable populations is limited to those who can afford the subscriptions or are covered by specific health insurers/employers. The couch:now platform was created during the Corona pandemic,
10
indicating a reactive response to a health crisis. Addiction counseling is expected to follow soon on the platform, but is not yet available.
11
The company has recruited leading psychologists to create content for couch:now
12
and developed it in cooperation with universities, doctors, and therapists,
13
and in 2023, the effectiveness of couch:now in reducing stress was scientifically proven.
14

Fair Money & Economic Opportunity

0

PERFORMANCE ONE AG is a medical technology company focused on cancer treatment. The provided articles discuss general topics related to financial inclusion, fintech, and regulatory trends in the financial services sector. None of the articles contain any specific, concrete data points, actions, or policies pertaining to PERFORMANCE ONE AG's involvement in lending, financial services, or any activities relevant to the 'Fair Money & Economic Opportunity' value.

1
Therefore, there is no evidence to score any of the KPIs for this company against this value.

Fair Pay & Worker Respect

0

No specific, concrete data points were provided in the articles to assess PO1.XETRA against any of the KPIs for Fair Pay & Worker Respect. The articles contained general market trends, OECD averages, or data for specific industries/countries, but no information directly attributable to PO1.XETRA's performance on living wage coverage, CEO median pay ratio, collective bargaining share, safety incident rate, pay equity ratio, worker engagement score, turnover rate, labor violation incidents, insecure contract share, or health insurance coverage.

1

Fair Trade & Ethical Sourcing

0

No evidence available to assess PERFORMANCE ONE AG on Fair Trade & Ethical Sourcing.

Honest & Fair Business

0

No evidence available to assess PERFORMANCE ONE AG on Honest & Fair Business.

Kind to Animals

-30

The company is a member of industry consortia working on animal-free testing methods, as evidenced by its involvement in several collaborations and projects focused on animal-free testing methods.

1

No War, No Weapons

0

The provided articles focus exclusively on PERFORMANCE ONE AG's (formerly MagForce AG) NanoTherm therapy for prostate cancer, detailing FDA investigational device exemption (IDE) approvals and clinical trial progress.

1
No information or data points relevant to arms manufacturing, military contracts, conflict facilitation, peacebuilding initiatives, or any other metrics related to the 'No War, No Weapons' ethical value are present in the articles. Therefore, all KPIs are omitted due to a lack of specific evidence.

Planet-Friendly Business

-50

The company's SBTi targets were validated in May 2024.

1
These targets include a 42% reduction in Scope 1, 2, and 3 emissions by 2030 from a 2022 baseline, and a 90% reduction in Scope 1, 2, and 3 emissions by 2045 from a 2022 baseline.
2
The company has a stated net-zero carbon target year of 2045.
3

Respect for Cultures & Communities

0

No evidence available to assess PERFORMANCE ONE AG on Respect for Cultures & Communities.

Safe & Smart Tech

0

The company's NanoTherm therapy has received EMA approval and a CE mark in Europe for brain cancer treatment.

1
Additionally, the company received Investigational Device Exemption (IDE) approval from the US FDA for a pivotal clinical trial for prostate cancer and updated preclinical study data to meet FDA standards.
2
These actions demonstrate good compliance with applicable medical device regulations in major markets.

Zero Waste & Sustainable Products

0

No specific, quantitative evidence was found in the provided articles for PO1.XETRA regarding any of the Zero Waste & Sustainable Products KPIs. The articles discuss general sustainability metrics, circular economy principles, and waste management practices of other companies (AMAG, Covestro, Holcim), but do not provide any concrete data points, percentages, or initiatives directly attributable to PO1.XETRA.

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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.