WASHTEC AG.
WSU.XETRA | Manufacture of other special-purpose machinery
Washtec AG is a Germany-based holding company that provides car wash solutions worldwide. The Company develops, manufactures, and sells vehicle washing equipment for cars, trucks, buses, and trains. It offers gantry car washes, conveyor tunnel systems, self-service washing stations, and commercial v...Show More
Better Health for All
0
The company's core business of providing car wash solutions, equipment, and chemicals does not directly relate to health products or services.
1
There is no evidence that its products or services have a significant positive or negative direct health impact on users or the general public.
2
The company's R&D is not explicitly focused on health-related outcomes, nor does it offer health-related products requiring accessibility considerations or specific risk disclosures.
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The business operations do not involve serving vulnerable populations with health needs, engaging in preventative health, or managing health-related data.
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There is no information regarding the company's involvement in healthcare workforce development, health equity programs, or responses to global health crises.
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The company's products do not have addiction potential, and it is not a pharmaceutical or food company, nor does it conduct clinical trials or health education.
6
While environmental efforts are noted, the value definition explicitly excludes environmental pollution control unless it has a direct health impact, which is not evidenced here.
7
Fair Money & Economic Opportunity
0
No evidence was found in the provided articles to assess WSU.XETRA against the 'Fair Money & Economic Opportunity' value. The company's core business is car wash solutions and equipment, and while it offers 'financing,' this is directed at businesses (gas stations, car dealerships, car wash businesses) rather than consumers. The articles either discuss general financial inclusion trends without mentioning WSU.XETRA, or focus on the company's financial results and ownership structure, which are not relevant to the specific KPIs for this value. There is no information regarding WSU.XETRA's involvement in consumer lending, deposit services, or financial products for underserved populations, which are the focus of this value's KPIs.
1
Fair Pay & Worker Respect
40
In 2023, 87.2% of employees in Germany were paid at collectively agreed rates.
1
The company's accident rate was 4.2 occupational accidents per million hours worked in both 2022 and 2023, which is below the industry average of 20.1.
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Pay parity between female and male employees has been fully implemented at WashTec in Germany, with plans to assess other country units.
3
In 2023, the company reported no reportable breaches of laws or regulations in stakeholder relations or employee-related activities.
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The temporary employment rate was 4.0% in 2023, and 7.7% of contracts in Germany were limited-term.
5
Fair Trade & Ethical Sourcing
0
No evidence available to assess WASHTEC AG on Fair Trade & Ethical Sourcing.
Honest & Fair Business
-10
WashTec AG has a very low ESG controversy level of 0.7 according to Sustainalytics, indicating minimal ethical issues.
1
The company has a whistleblower system in place, but the articles do not provide details on its features, independence, or effectiveness.
2
WashTec also has a Code of Conduct and a Supplier Code of Conduct, effective January 1, 2024, which are FCPA-compliant, but there is no information on the frequency or effectiveness of training for these policies across all operations.
3
Kind to Animals
0
No specific, concrete data points related to cruelty-free certifications, alternative testing, humane certifications, wildlife conservation, ethical ingredient sourcing, supplier audits, cage-free sourcing, animal testing policies, animal testing volumes, innovation investment, animal agriculture ethics, animal-free research collaboration, or public policy engagement were found in the provided articles for WashTec AG.
1
No War, No Weapons
0
WashTec AG's core business is car wash solutions, which are inherently civilian and unrelated to arms, defense, or conflict.
1
The provided articles do not contain any information or specific data points regarding the company's involvement in military contracts, dual-use technologies, sales to embargoed regimes, peacebuilding investments, or any other activities related to war or weapons.
2
Therefore, all KPIs are scored as 'N/A – not applicable to core operations' or 'N/A – no defense business to oversee/procurement/etc.' based on the nature of the company's operations and the absence of relevant evidence.
Planet-Friendly Business
10
In 2023, WashTec AG reported total Scope 1 and 2 CO₂ emissions of 5,790 t, representing a 17.4% year-on-year reduction.
1
Additionally, Scope 3 emissions from air travel were 258 t in 2023.
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The combined total for these reported scopes is 6,048 tCO₂e (0.006048 M tCO₂e). Water consumption in 2023 was 1,687 m³,
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and revenue was €489.5 million,
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resulting in a water use per revenue of 3.45 m³ per €1 million revenue. The company's separate waste collection quota was 86% in 2023,
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with a target to increase it to 90% by 2025.
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There were no reportable breaches of environmental laws or regulations in 2023.
7
Respect for Cultures & Communities
10
WashTec AG reports no cultural appropriation incidents.
1
The company explicitly states that it does not operate business locations that influence indigenous groups or local communities, making several cultural KPIs not applicable to its business model, including formal partnerships with indigenous or local community groups and FPIC processes.
2
For language inclusivity, the company provides e-learning programs for operators in three languages (German, English, French) and offers training in eight languages (German, English, French, Italian, Spanish, Norwegian, Danish, and Dutch).
3
In terms of procurement, an average of 80% of inputs ordered for production sites came from their respective domestic markets in 2023.
4
Safe & Smart Tech
0
WashTec AG holds an ISO 27001 certificate for information security, cybersecurity, and data protection, issued by TÜV Rheinland.
1
The company utilizes state-of-the-art encryption methods via HTTPS (SSL) for its website.
2
Its data protection notices outline user rights, including access, rectification, erasure, restriction of processing, objection to processing, and data portability, in accordance with applicable law.
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Data is retained only as long as necessary or as required by law.
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The company states compliance with GDPR and the ePrivacy Regulation.
5
Zero Waste & Sustainable Products
-10
WashTec AG achieved an 83% reduction in plastic packaging for washing chemicals.
1
The company reported a 79% separate waste collection rate in 2021 and has set a target to increase its separate collection quota to 90% by 2025.
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There were no reportable breaches of laws or regulations in 2023, and no significant regulatory actions, violations, fines, or penalties related to environmental or social compliance were mentioned in 2021.
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