RENK GROUP AG.
R3NK.XETRA | Manufacture of bearings, gears, gearing and driving elements
RENK Group AG is a German company specializing in the development and production of drive technology for various applications. Their core business involves manufacturing gear units, transmissions, slide bearings, suspension systems, couplings, and test systems. These products are utilized in a wide ...Show More
Better Health for All
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No evidence available to assess RENK GROUP AG on Better Health for All.
Fair Money & Economic Opportunity
0
RENK Group AG specializes in the development and production of drive technology for industrial applications, not financial services.
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The provided articles detail the company's environmental, social, and governance initiatives, including CO2 emissions, renewable energy use, and employee data.
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However, they do not contain any information related to lending, deposit services, financial products, or economic opportunity for underserved populations.
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Consequently, all KPIs under the 'Fair Money & Economic Opportunity' value are not applicable to the company's core business or operations, and no relevant evidence was found to score them.
Fair Pay & Worker Respect
-20
In 2023, RENK reported a Lost Time Injury Frequency Rate (TRIR) of 1.7 per 200,000 working hours.
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The company's Employee Net Promoter Score (eNPS) was 17 in 2023.
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In the past three years, RENK reported one violation of laws and regulations in 2023, with zero fines or non-monetary sanctions imposed in both 2022 and 2023.
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In 2023, 259 employees were on fixed-term contracts.
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Fair Trade & Ethical Sourcing
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No specific, quantitative evidence was found across the provided articles for any of the KPIs related to Fair Trade & Ethical Sourcing. While the company mentions having a Supplier Code of Conduct, a commitment to human rights, and processes for compliance,
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there are no concrete figures for fair-trade certification share, audit frequency, number of forced/child labor incidents, traceability coverage, remediation speed, ethical clause coverage percentage, materials risk index, or supplier diversity spend.
Honest & Fair Business
-10
RENK Group AG reported zero ethics-related regulatory fines in 2023 and previous reporting periods.
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The company has a digital whistleblower system, the RENK Integrity Line, which is available in multiple languages, offers anonymous reporting, and is accessible to employees, customers, suppliers, and other third parties.
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An external ombudsman is also available, and whistleblowers are protected under German and EU law.
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The company received an S&P Global Corporate Sustainability Assessment (CSA) rating of 39/100 points in 2025.
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The sustainability report, covering 100% of revenue and employees, was audited by PricewaterhouseCoopers GmbH Wirtschaftsprüfungsgesellschaft for limited assurance.
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However, the coverage of a certified anti-corruption management system is 0% by business premises and employees.
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The basic Code of Conduct training has a 95% ratio, but the effectiveness of the anti-corruption policy training is not publicly measured.
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Approximately 50% of ethical claims are independently verified, with the sustainability report receiving limited assurance.
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Kind to Animals
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No evidence available to assess RENK GROUP AG on Kind to Animals.
No War, No Weapons
-40
RENK America secured orders exceeding USD 150 million for HMPT transmissions for Bradley Fighting Vehicles, Armored Multi-Purpose Vehicles, Paladin howitzers, and Multiple Launch Rocket Systems.
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This represents approximately 14.9% of RENK Group AG's 2023 revenue of EUR 926 million.
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The company's 2023 Sustainability Report mentions one suspected export control violation.
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The report also states that RENK Group AG supports the UN Guiding Principles on Business and Human Rights in principle, but its implementation is uneven across divisions.
Planet-Friendly Business
-20
RENK Group AG sourced 55.8% of its purchased electricity from renewable sources in 2023.
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The company recycled 84.8% of its total waste in 2023.
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RENK has a target to achieve net-zero Scope 1 and 2 emissions globally by 2040.
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Respect for Cultures & Communities
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No evidence available to assess RENK GROUP AG on Respect for Cultures & Communities.
Safe & Smart Tech
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RENK Group AG states it has no documented incidents of unauthorized data use. The company's website uses SSL protocol with up to 256-bit encryption, falling back to 128-bit v3-technology, and it employs username and password for online shop registration for commercial customers.
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RENK Group AG complies with the EU's General Data Protection Regulation (GDPR) and the German Federal Data Protection Act (BDSG), and its US privacy policy mentions compliance with the California Consumer Privacy Act (CCPA) and Virginia Consumer Data Protection Act.
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The company collects only necessary personal data, limits retention periods, and erases log files after seven days, with newsletter registration data automatically erased after one month if unconfirmed.
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Users are granted rights to access, correct, delete, and opt-out of certain data processing, with requests typically responded to within 30 days.
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Zero Waste & Sustainable Products
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No evidence available to assess RENK GROUP AG on Zero Waste & Sustainable Products.