MASHINIi

ALMONTY INDUSTRY.

ALI1.XETRA | Activities of holding companies

ALMONTY INDUSTRY AG, formerly Delfin Technologies AG, is a Germany-based investment company. The Company focuses on acquiring stakes in small and medium-sized enterprises (SMEs) with a focus on the industrial sector. It seeks to invest in companies with growth potential and a sustainable business mo...Show More

Ethical Profile

Mixed.

ALMONTY INDUSTRY (ALI1.XETRA) shows a mixed ethical record. Reports suggest the company supplies the US defense industry and has high-ranking defense figures on its board, prompting concerns about its 'No War, No Weapons' alignment despite producing tungsten in conflict-free regions. Critics also note a lack of transparency on defense investment policies. Environmentally, it achieves an Ethos ESG B rating (66.1), performing strongly in water use and conflict-free minerals. Its Panasqueira mine uses 28% renewable energy, targeting 80%, with Sangdong planning 100%. Yet, it scores 0.0 for Reduced Greenhouse Gas Emissions and lacks an SBTI commitment. For most other ethical areas, public evidence is insufficient for assessment.

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 Weapons-10
-100100
Planet-Friendly Business-50
-100100
Respect for Cultures & Communities10
-100100
Safe & Smart Tech0
-100100
Zero Waste & Sustainable Products0
-100100

Better Health for All

0

ALMONTY INDUSTRY AG is an investment company focused on industrial SMEs. Its principal goods and services are investment activities, which have no direct positive or negative health impact. The provided articles detail the operations, risks, and environmental measures of Almonty Industries Inc., a tungsten mining company, which appears to be a subsidiary or investee. However, evidence about a subsidiary's operations cannot be applied to the parent investment company's score unless explicitly stated as company-wide scope, which is not the case here. Therefore, all health-related KPIs are assessed as not applicable or neutral for the investment company's core business.

Fair Money & Economic Opportunity

0

No specific, concrete data points were found in the provided articles for any of the KPIs related to Fair Money & Economic Opportunity. The articles either focused on the company's mining operations

1
, stated that sustainability data was not available
2
, or explicitly noted the absence of information for these financial services-related metrics
3
. Therefore, all KPIs are omitted due to lack of evidence.

Fair Pay & Worker Respect

0

The provided articles do not contain specific, quantifiable data points for any of the Key Performance Indicators related to Fair Pay & Worker Respect. Information regarding living wage coverage, CEO to median employee pay ratio, collective bargaining share, safety incident rates, pay equity, worker engagement scores, turnover rates, labor violation incidents, insecure contract share, or health insurance coverage is not available. Article 4 mentions CEO compensation but lacks the median employee compensation for Almonty, which is required to calculate the CEO median pay ratio.

1

Fair Trade & Ethical Sourcing

0

No specific, quantitative data points were found in the provided articles to assess ALMONTY INDUSTRY against any of the Fair Trade & Ethical Sourcing KPIs

1
,
2
,
3
,
4
,
5
,
6
. The articles either explicitly state a lack of data for these metrics
7
,
8
,
9
,
10
or discuss general topics without providing company-specific performance figures
11
,
12
,
13
,
14
,
15
,
16
.

Honest & Fair Business

0

No relevant evidence was found in the provided articles to assess ALMONTY INDUSTRY (ALI1.XETRA) against the 'Honest & Fair Business' ethical value. The single article provided was explicitly marked as not relevant to the company being assessed.

1

Kind to Animals

0

No data relevant to the 'Kind to Animals' ethical value was found in the provided articles for Almonty Industries.

1
The articles primarily discuss the company's financial activities, public offering, and its operations as a tungsten mining company, without addressing any animal welfare metrics, policies, or impacts.
2
,
3

No War, No Weapons

-10

The company supplies tungsten to the US defense industry.

1
Its board has been strengthened with high-ranking defense industry figures, including a retired General and a former Assistant Secretary of Defense.
2
The company states it is a producer of tungsten concentrate in conflict-free regions.
3
This also implies that its materials are conflict-free. Human rights due diligence in conflict-affected areas is not applicable as the company does not operate in such regions.
4

Planet-Friendly Business

-50

The company has no commitment to SBTi-validated, science-based carbon reduction targets.

1
While its Panasqueira mine in Portugal currently sources 28% of its energy from renewables, with a target of 80%, and its Sangdong mine is planned for 100% renewable energy, there is no company-wide data on the overall share of operational energy consumption from renewables.
2
Furthermore, no publicly available data is provided for total Scope 1, 2, and 3 greenhouse gas emissions, water use per revenue, waste diversion rate, or the share of facilities with green certifications.
3
Information on net-zero targets, TCFD alignment, climate scenario analysis, or investments in climate-positive initiatives is also not available.
4

Respect for Cultures & Communities

10

The company has an industry-leading cultural impact assessment protocol, including Environmental Impact Assessments (EIA), Social Impact Assessments (SIA), and Environmental and Social Management Plans (ESMP) that specifically examine cultural factors.

1
It also adheres to the Equator Principles, which involve regular monitoring by independent third parties and intensive dialogues with local populations.
2
The company implements active protection measures for cultural sites, with its EIA examining cultural factors and ensuring clearance on archeological or cultural heritage obstructions.
3
There are no reported incidents of disruption.
4
There are no reported cultural appropriation incidents. For its Sangdong project, the company has a strong social license to operate, with no reported complaints or conflicts since 2006, and unreserved support from the municipality and stakeholders.
5
This applies to 20% of its operations. The company engages in general charitable giving, supporting local programs like a taxi service for senior citizens and sports clubs.
6
,
7
but does not specifically focus on cultural heritage organizations.

Safe & Smart Tech

0

No specific, concrete evidence was found across the provided articles to assess ALMONTY INDUSTRY (ALI1.XETRA) against any of the 'Safe & Smart Tech' KPIs. The articles primarily discuss corporate governance, financial disclosures, and the tungsten mining industry, without providing data on data breaches, AI ethics, cybersecurity investments, privacy certifications, encryption, or other technology-specific security and privacy practices for the company.

Zero Waste & Sustainable Products

0

No specific, quantitative data points were found in the provided articles regarding Almonty Industries' waste diversion rate, product recyclability, packaging sustainability, recycled content, single-use plastic reduction, take-back programs, circular design principles, waste reduction initiatives, hazardous waste management, product durability, repairability score, waste audit frequency, zero waste certification, waste disposal violations, material efficiency, packaging-to-product ratio, waste reduction targets, supplier waste requirements, or customer waste education. The articles primarily focus on financial performance, mining operations, and market position. While one article mentions Almonty signing a 'rare metal recycling agreement'.

1
, no details or metrics about this agreement's impact on waste or products are provided. General industry information about aluminum recycling in one article is not attributable to Almonty Industries' operations or products.

Own ALMONTY INDUSTRY?

Upload your portfolio and see how all your holdings score across 11 ethical dimensions.

Audit My Portfolio

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.