MASHINIi

SMT SCHARF AG.

S188.XETRA | Manufacture of machinery for mining, quarrying and construction

SMT Scharf AG is a Germany-based company that develops, manufactures and services customized transport equipment and logistics systems for underground mining. Its product range includes rail-bound vehicles, floorless vehicles, chairlifts, and rope-suspended monorails. These products are primarily us...Show More

Ethical Profile

Mixed.

SMT Scharf AG faces a mixed ethical assessment. Its core business, supporting mining, is fundamentally linked to mining's environmental impacts and climate change. Yet, the company emphasizes product longevity, with equipment reportedly lasting twice the industry average and featuring modular designs for repair. SMT Scharf also implemented the ÖKOPROFIT program to reduce operational emissions. Worker safety is a high-materiality concern, as their products directly impact conditions in hazardous underground mining. Reports suggest potential for corruption risks in global operations and critics point to supply chain opacity and ethical sourcing challenges.

Value Scores

Better Health for All0
-100100
Fair Money & Economic Opportunity0
-100100
Fair Pay & Worker Respect0
-100100
Fair Trade & Ethical Sourcing0
-100100
Honest & Fair Business0
-100100
Kind to Animals0
-100100
No War, No Weapons0
-100100
Planet-Friendly Business0
-100100
Respect for Cultures & Communities0
-100100
Safe & Smart Tech0
-100100
Zero Waste & Sustainable Products-20
-100100

Better Health for All

0

SMT Scharf AG manufactures and services transportation equipment for underground mining.

1
The provided articles consistently state that the company's business is not health-related and that its products and services do not have a direct health impact. Specifically, the 2024 Annual Reports and the 2024 CSRD Report indicate that health-related KPIs are 'Not applicable' for the company.
2
Therefore, for all relevant KPIs, the company's activities are considered to have no significant positive or negative health impact, or its business model does not involve health-related considerations, aligning with a neutral score of 0.

Fair Money & Economic Opportunity

0

SMT Scharf AG manufactures and services transport equipment and logistics systems for underground mining.

1
The company's core business does not involve lending, insuring, moving, or storing money for consumers.
2
As such, all KPIs related to financial services, such as underserved client share, pricing fairness, exploitative fee exposure, inclusion initiatives, data accessibility, fair lending compliance, wealth building outcomes, profit reinvestment in community finance, financial literacy initiatives, debt burden ratio, geographic inclusion, and product simplicity, are not applicable to its operations.
3

Fair Pay & Worker Respect

0

No evidence available to assess SMT SCHARF AG on Fair Pay & Worker Respect.

Fair Trade & Ethical Sourcing

0

No specific, quantifiable data points related to fair trade, ethical sourcing, or supply chain practices were found in the provided articles for any of the relevant KPIs.

Honest & Fair Business

0

No evidence available to assess SMT SCHARF AG on Honest & Fair Business.

Kind to Animals

0

SMT Scharf AG manufactures and services transport equipment and logistics systems for underground mining. The provided articles, including financial reports and summaries of sustainability reports, contain no information regarding animal welfare, animal testing, animal-derived products, or related ethical practices.

1
The company's 2024 CSRD Report explicitly lists all 'Kind to Animals' metrics as not applicable.
2
Therefore, all KPIs are scored as N/A, indicating that the company's core business model does not involve activities relevant to these animal welfare considerations.
3

No War, No Weapons

0

The company, SMT Scharf AG, manufactures transport equipment and logistics systems for underground mining.

1
The provided articles discuss the company's financial performance, sustainability reporting (including a CSRD Report 2024 and an ESG activities report), and general operational standards like maintaining safety and quality in supplier selection.
2
The Supervisory Board also discussed the Russia-Ukraine conflict and related sanctions in 2023, implementing country-specific risk mitigation measures.
3
However, none of the articles provide specific, quantifiable evidence or explicit policies directly addressing any of the KPIs related to the 'No War, No Weapons' ethical value, such as revenue from arms contracts, investment in dual-use technologies with military applications, sales to embargoed regimes, peacebuilding investments, or ethical red lines regarding weapons. Therefore, no KPIs can be scored based on the provided evidence.

Planet-Friendly Business

0

No evidence available to assess SMT SCHARF AG on Planet-Friendly Business.

Respect for Cultures & Communities

0

The provided articles do not contain specific, quantifiable evidence for any of the Key Performance Indicators related to 'Respect for Cultures & Communities' for SMT Scharf AG. While some articles mention general ESG focus or sustainability reports, they lack concrete data points such as the number of formal partnerships, percentage of revenue reinvested locally, cultural appropriation incidents, or local employment ratios.

1
Information about other companies (e.g., Resolution Copper, a Chinese mining company) was present in the articles but is not applicable to SMT Scharf AG.
2

Safe & Smart Tech

0

No evidence available to assess SMT SCHARF AG on Safe & Smart Tech.

Zero Waste & Sustainable Products

-20

SMT Scharf AG's products are designed with a modular concept, enabling easy repair and adaptation of assemblies and components.

1
These machines achieve lifespans twice as long as the industry average.
2
The company implements the ÖKOPROFIT program, which aims to reduce operational emissions, conserve natural resources, increase eco-efficiency, and raise environmental awareness.
3
Hazardous substances are handled according to the latest standards, with risk assessments conducted before use.
4
The company has a target to reduce the Coal Mining segment's share to two-thirds by 2035, increasing sales in Non-Coal Mining and Tunnel Logistics.
5
No waste disposal violations were mentioned in the reporting period.
6

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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.