MASHINIi

STS GROUP AG.

SF3.XETRA | Manufacture of parts and accessories for motor vehicles

STS Group AG is a Germany-based company that develops and manufactures components and systems for the automotive industry, focusing on acoustics and weight reduction. The company's product portfolio includes interior and exterior parts, as well as acoustic components. Specifically, they produce vehi...Show More

Ethical Profile

Mixed.

STS Group AG's ethical standing presents a mixed picture. A notable concern is the reported 1,319% CEO-to-median employee pay ratio, highlighting significant pay inequality, coupled with an absence of collective bargaining agreements. Conversely, the company reports favorable pay equity for female employees and a low 0.26 employee turnover rate. For honest business, STS Group AG has a whistleblower policy and an anti-corruption policy, incurring no fines in 2022, though the anti-corruption policy is reportedly still in implementation. Assessing environmental impact is difficult due to a lack of specific performance indicators. Many other areas, including fair trade and community respect, lack sufficient public data for a comprehensive assessment.

Value Scores

Better Health for All0
-100100
Fair Money & Economic Opportunity0
-100100
Fair Pay & Worker Respect-40
-100100
Fair Trade & Ethical Sourcing30
-100100
Honest & Fair Business-20
-100100
Kind to Animals0
-100100
No War, No Weapons0
-100100
Planet-Friendly Business-50
-100100
Respect for Cultures & Communities-20
-100100
Safe & Smart Tech0
-100100
Zero Waste & Sustainable Products0
-100100

Better Health for All

0

The company's core business involves manufacturing automotive components and coatings, which are described as enhancing vehicle comfort, safety, and efficiency, and contributing to weight, consumption, and emission reductions.

1
While emission reductions and low environmental impact () can have indirect health benefits, the articles do not provide specific data on the direct net health effect of these products on humans, nor do they detail any health-related R&D or initiatives.
2
The company's non-financial report for 2023 () focuses on environmental impact and vehicle design, without explicitly addressing health-related aspects of its business.
3
Therefore, the products are assessed as having no significant direct positive or negative health impact, aligning with a score of 0 for health_impact_core. For all other KPIs, the provided articles explicitly state that the information is not addressed or that no data is available, leading to their omission from the scoring.
4

Fair Money & Economic Opportunity

0

No evidence available to assess STS GROUP AG on Fair Money & Economic Opportunity.

Fair Pay & Worker Respect

-40

The company reported a CEO-to-median employee pay ratio of 13.19:1 in 2022.

1
There are no collective bargaining agreements or recognized unions covering employees.
2
The average monthly base remuneration of female employees to male employees in the 'Expert' category was 0.09 in 2022.
3
The Employee Net Promoter Score (eNPS) was +12 in 2022.
4
The employee turnover rate was 26% in 2022.
5
In the past three years, no significant cases of non-compliance with laws and regulations were reported, and no fines were paid for non-compliance in 2022.
6

Fair Trade & Ethical Sourcing

30

The company's use of high-risk materials, specifically conflict minerals like tin, tungsten, tantalum, gold, and cobalt, is less than approximately 0.2% of purchased ferroalloys and metals.

1
Additionally, tin-solder and soldering wire, which are high-risk materials, comprise 0.3% of the overall product.
2

Honest & Fair Business

-20

A formal whistleblower policy is in place, outlining procedures for reporting concerns, including anonymous options, confidentiality assurances, and protection against retaliation.

1
The policy states that investigations are closed within four weeks (28 days), with notification to the CEO if this timeframe is exceeded.
2
The company has an anti-corruption policy that prohibits bribery and corruption, and STS Component Solutions achieved TRACE certification in March 2016, indicating a commitment to anti-bribery compliance.
3
The Board of Directors is composed of five members, with three identified as independent, resulting in 60% independent directors.
4
Approximately 60% of ethical claims are independently verified with a standardized scope and methodology. No specific data is available regarding regulatory fines, transparency index scores, financial restatements, audit coverage percentage, or ESG controversy index.

Kind to Animals

0

No specific, concrete evidence was found in the provided articles to assess SF3.XETRA (STS GROUP AG) against any of the 'Kind to Animals' KPIs. The articles either discuss general animal welfare initiatives by other organizations, list unrelated brands with cruelty-free certifications, or focus on business transactions of the company without mentioning animal welfare practices.

No War, No Weapons

0

The provided ESG report for STS Group explicitly states that it does not contain information regarding arms contracts, military technology, or any other topics relevant to the 'No War, No Weapons' ethical value.

1
Therefore, no KPIs can be scored based on the available evidence.

Planet-Friendly Business

-50

In 2024, STS Group's total Scope 1, 2, and 3 CO2e emissions were 61,659.678 tCO2e (0.06166 M tCO2e), calculated from 198.18 tCO2e/Mio.€ revenue and a Group revenue of EUR 311.1 million.

1
The company completed a comprehensive Scope 3 calculation for the first time in 2024, with Scope 3 emissions accounting for 99.56% of the total.
2
Scope 1 and 2 CO2 emissions were reduced by 12.2% compared to 2023.
3
The company has signed The Climate Pledge, committing to achieve carbon neutrality by 2040.
4
In 2024, 55% of electricity consumption came from renewable sources, marking a 33% increase from 2023.
5
The waste diversion rate from landfill was 98.9% in 2024.
6
The company's engineering team collaborated on achieving LEED certification for one project.
7
STS Group is working on refining sustainable procurement policies and processes, implementing the German Supply Chain Act 2023, and partnering to implement a new digital platform for supplier management and transparency.
8
Biodiversity efforts include planting 3,000 sapling trees in Ireland during the 2024/2025 planting season and planting pollinator-friendly flowers.
9
The company partnered with a PPE supplier to remove unnecessary plastic packaging.
10
The company has ISO 14001 certification since 2013 and no specific mention of environmental compliance violations.
11

Respect for Cultures & Communities

-20

STS Group AG has established at least three formal partnerships, including a Virginia-Ireland partnership, a partnership with Local Supply Chain, and a partnership with Riley, an Irish-owned company.

1
No specific cultural appropriation incidents were reported.
2
Free, Prior and Informed Consent (FPIC) processes are explicitly stated as not applicable to the company's operations.
3
In 2024, the company invested over €180,000 in community-focused initiatives, supporting various charity groups and collaborating with the Brothers of Charity to upgrade a facility.
4
Senior leadership undergoes legal and inclusive leadership training to better understand discrimination, micro-aggressions, and unconscious bias.
5

Safe & Smart Tech

0

No evidence available to assess STS GROUP AG on Safe & Smart Tech.

Zero Waste & Sustainable Products

0

No specific, quantifiable data was found in the provided articles to assess SF3.XETRA (STS GROUP AG) against the 'Zero Waste & Sustainable Products' ethical value. The articles either pertained to different companies (KBR

1
, Sartorius
2
), provided general guidance on circular economy principles for Finnish SMEs
3
, or described a textile-focused project that does not align with STS Group AG's stated business in the automotive industry.
4

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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.