MASHINIi

2G ENERGY AG.

2GB.XETRA | Manufacture of electric motors, generators, transformers and electricity distribution and control apparatus

2G Energy AG is a leading international manufacturer of combined heat and power (CHP) systems. These systems are designed for the decentralized generation of electricity and heat, utilizing various fuels such as natural gas, biogas, and other gases. 2G Energy's CHP systems are used in a wide range o...Show More

Ethical Profile

Mixed.

2G ENERGY AG presents a mixed ethical profile. While their combined heat and power (CHP) systems offer significant emissions reduction potential, reportedly up to 90-95% with biogas or hydrogen, critics point to the continued use of natural gas in some systems. Reports indicate a concerning increase in Scope 1 emissions, rising from 2,672 tCO₂e in 2023 to 3,249 tCO₂e in 2024. The company operates a 595 kWp photovoltaic system and holds ISO 14001 and 50001 environmental certifications. For ethical sourcing, 2G Energy is preparing for compliance with the German Supply Chain Act (LkSG), effective January 2023, and states no products contain metals from conflict regions. The company also maintains a Code of Conduct against corruption (since 2015) and an EU-compliant whistleblower system (since 2022). Additionally, 2G Energy AG has achieved ISO 27001 certification for IT security.

Value Scores

Better Health for All0
-100100
Fair Money & Economic Opportunity0
-100100
Fair Pay & Worker Respect30
-100100
Fair Trade & Ethical Sourcing10
-100100
Honest & Fair Business-10
-100100
Kind to Animals0
-100100
No War, No Weapons0
-100100
Planet-Friendly Business-60
-100100
Respect for Cultures & Communities0
-100100
Safe & Smart Tech10
-100100
Zero Waste & Sustainable Products0
-100100

Better Health for All

0

2G Energy AG's core products, combined heat and power (CHP) systems and large heat pumps, deliver substantial health benefits by significantly reducing greenhouse gas emissions.

1
Natural gas CHP systems reduce CO2 emissions by 40-60% compared to coal, biogas CHP units save up to 90% of greenhouse gas emissions, and hydrogen-powered systems can reduce emissions by around 95%.
2
These reductions help prevent health conditions such as asthma and certain types of cancer.
3
The company's products do not have direct safety implications for physical or mental health users. 2G Energy offers refurbished systems through its 'ReFit' program and states its systems are cost-efficient, but does not provide specific pricing relative to production cost.
4
The company supports a food sustainability program for elderly residents on fixed incomes at one project, but does not detail the extent of reach to vulnerable populations.
5
2G has a whistleblower system in place since 2022, complying with the EU Whistleblower Directive, and is ISO 27001 certified for information security.
6
The company has an R&D department with 40 employees focused on engine and pump technology, aiming to reduce nitrogen oxide emissions from 100 mg to less than 50 mg.
7
Operations generate positive health externalities by preventing waste from affecting human health and reducing greenhouse gas emissions.
8
The company supports local sports associations and social facilities, including an initiative providing assertiveness and resilience training to primary school children in one district, and supports women's education in India, but these are limited in scope relative to revenue.
9
The company promotes employee health and fitness through company bicycles and contributions to fitness studio memberships, and offers subsidies for childcare costs.
10

Fair Money & Economic Opportunity

0

No evidence available to assess 2G ENERGY AG on Fair Money & Economic Opportunity.

Fair Pay & Worker Respect

30

In 2017, the company's voluntary employee turnover rate was 4.3%, which is a low rate indicating strong retention.

1
Additionally, temporary help staff constituted 9.07% of the total workforce in 2017 (55 temporary staff out of 606 total employees), a decrease from 10.02% in 2016 (58 temporary staff out of 579 total employees).
2

Fair Trade & Ethical Sourcing

10

The company states that no products are supplied or used that contain metals originating from conflict regions, indicating 0% spend on high-risk materials.

1
For tier-1 suppliers, audits can be carried out once per contractual year.
2

Honest & Fair Business

-10

A whistleblower system, compliant with the EU Whistleblower Directive, has been in place since 2022.

1
The company has a Code of Conduct, in place since 2015, which includes a ban on corruption and specifies gift limits of up to €15.
2
2G Energy AG holds ISO certifications for quality management (ISO 9001), energy and environmental management (ISO 14001, ISO 50001), and information security (ISO 27001 at the parent company level).
3

Kind to Animals

0

2G Energy AG manufactures combined heat and power (CHP) systems. The provided articles, including the 2024 Sustainability Report, explicitly state that they do not contain data relevant to animal welfare or product certifications related to 'Kind to Animals'.

1
There is no evidence of the company's products being certified cruelty-free, using animal testing, having animal-related operations, sourcing animal-derived ingredients, auditing animal-related suppliers, or sourcing eggs, meat, or dairy.
2
Furthermore, there is no information regarding animal testing policies, animal testing volume, investment in animal-free technologies, animal agriculture ethics, animal-free R&D collaboration, public policy engagement related to animal welfare, or measurable wildlife conservation impact.
3
Given the company's industrial business model, these activities are not typically applicable to its operations or products.

No War, No Weapons

0

The provided articles, including the 2024 Annual Report, a Supplier Code of Conduct, and a Corporate Governance overview, do not contain specific, concrete data points or verifiable actions related to the company's involvement (or lack thereof) in arms manufacturing, military contracts, dual-use technologies, sales to embargoed regimes, or peacebuilding initiatives. While the Supplier Code of Conduct mentions compliance with export controls and economic sanctions for suppliers, it does not provide evidence of the company's own sales practices or the percentage of exports covered by end-user certificates.

1
Similarly, the code outlines human rights and ethical responsibilities for suppliers, referencing the German Supply Chain Act, but does not detail the company's own human rights due diligence frequency in conflict-affected areas or its adherence to humanitarian procurement standards.
2
There is no information regarding board oversight of defense activities, lobbying efforts, ethical red lines, or exposure to controversial weapons. Consequently, no KPIs under the 'No War, No Weapons' value can be scored based on the available evidence.

Planet-Friendly Business

-60

2G Energy AG reported Scope 1 and Scope 2 emissions for 2024 totaling 3,433 tCO₂e (0.003433 M tCO₂e), which is an increase from 2,859 tCO₂e in 2023.

1
The company does not disclose Scope 3 emissions data.
2
While the company contracts electricity from renewable sources and has a 595 kWp photovoltaic system,
3
the percentage of total operational energy consumption sourced from renewables is not specified.
4
2G Energy AG reported no environmentally relevant incidents or compliance violations in the reporting year.
5
The company is committed to the 2015 Paris Agreement target of limiting temperature increases to 1.5 degrees Celsius, and has prepared for future legal requirements for sustainability reporting,
6
but has not declared a specific net-zero target year.
7
The company has not disclosed its alignment with TCFD recommendations or included climate scenario analysis.
8

Respect for Cultures & Communities

0

The provided articles do not contain specific, quantifiable data points for any of the KPIs related to 'Respect for Cultures & Communities'. While some articles mention general social commitment, community engagement plans, or job creation numbers, they lack the precise metrics, ratios, or percentages required by the rubric. For instance, there is no evidence of formal partnership numbers with indigenous or local community groups, percentage of revenue reinvested locally, cultural appropriation incidents, specific cultural impact assessment protocols, or the proportion of the workforce recruited from local communities.

1
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2
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3
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4
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5
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6
Therefore, no KPIs can be scored based on the available evidence.

Safe & Smart Tech

10

The company has received ISO 27001:2017 certification, valid until March 2025.

1
This certification covers the secure provision of IT support, operation of data centers for combined heat and power plants, and the development of digital customer solutions.
2

Zero Waste & Sustainable Products

0

No evidence available to assess 2G ENERGY AG on Zero Waste & Sustainable Products.

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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.