FABASOFT AG.
FAA.XETRA | Activities of holding companies
FABASOFT AG, based in Germany, operates as a holding company with a focus on investments in the software and technology sectors. The company's primary activity involves acquiring, managing, and developing companies specializing in software development, IT solutions, and related technology services. ...Show More
Better Health for All
0
FABASOFT AG demonstrates exceptional data practices, holding multiple internationally recognized certifications for data protection and information security.
1
These include renewed ISO 9001, ISO 27001 (including ISO 27018 for PII in public clouds), ISO 20000-1, BSI C5:2020, SOC 2, and WACA certifications.
2
The company is at the forefront of data protection, continuously strengthening the cyber resiliency of its products and services.
3
,
4
and engages in eHealth interoperability testing.
5
For most other health-related KPIs, such as health impact core, harmful revenue share, safety record, price accessibility, vulnerable reach, risk transparency, health externalities, health equity programs, healthcare workforce support, preventative health measures, global health crisis response, mental health initiatives, pharma patent flexibility, nutrition and food safety, addiction mitigation, and clinical trial ethics, the company's business model as a software and IT services provider means these categories are not applicable or no relevant data is available.
Fair Money & Economic Opportunity
0
FABASOFT AG operates as a holding company focused on investments in the software and technology sectors. The company's core business does not involve lending, insuring, moving, or storing money for consumers. Article 4 explicitly states that the Group has no bank liabilities.
1
Therefore, all KPIs related to consumer financial products, services, and their associated impacts on economic opportunity are not applicable. While the company mentions general compliance with regulations like GDPR and the Digital Services Act, and focuses on usability for its software products, this does not pertain to fair money or economic opportunity in the context of financial services.
2
Fair Pay & Worker Respect
70
The company reported a voluntary employee fluctuation rate of 1.08% for the 2023/2024 fiscal year.
1
In 2017, 100% of the workforce was covered by collective bargaining agreements, and an IT collective agreement applies to all employees in Austria.
2
The company states that there are no fixed-term employment contracts, except for internships.
3
Fabasoft is committed to equal pay for equal work based on professional qualifications and equal opportunities regardless of origin, gender, age, religion, or life situation.
4
Flexible working time models are available, and a corporate childcare center opened in January 2021.
5
Fabasoft upholds human rights in accordance with the UN Charter and the European Convention for Human Rights
6
and participates in the United Nations Global Compact.
7
Fair Trade & Ethical Sourcing
0
The provided articles do not contain specific quantitative data for any of the Fair Trade & Ethical Sourcing KPIs. While Fabasoft AG mentions a commitment to sustainable sourcing, focusing on European companies, organic quality, and regional procurement, no percentages or specific metrics are provided for fair-trade certifications, audit frequency, forced/child labor incidents, supply chain traceability, remediation speed, ethical clause coverage, high-risk materials spend, or supplier diversity. The company's employee count of 497 in 2023/2024 indicates that the German Supply Chain Act (LkSG), which applies to enterprises with over 1,000 employees, does not currently apply to Fabasoft AG.
1
Honest & Fair Business
10
Fabasoft AG's Supervisory Board reported no conflicts of interest for the 2023/2024 financial year
1
, with all resolutions passed unanimously, indicating a 100% conflict-free board
2
. The company demonstrates extensive independent verification of its ethical claims and compliance through numerous certifications, including ISO 9001, ISO 20000-1, ISO 27001, ISO 27018, BSI C5, ISAE 3000 SOC2, ISAE 3402 Type 2, and EU Cloud Code of Conduct Level 3
3
, alongside external audits of its financial statements by Ernst & Young and PwC
4
. Fabasoft maintains a robust anti-corruption policy that explicitly prohibits the acceptance or offering of money, goods, or comparable values
5
, and commits to the United Nations Global Compact's anti-corruption principles for suppliers, employees, and governing bodies
6
. A digital whistleblower system and an anonymous reporting channel are in place
7
; however, the company does not provide evidence of independent investigation processes for these reports.
Kind to Animals
0
FABASOFT AG is a holding company focused on investments in the software and technology sectors, primarily involved in software development and IT solutions.
1
Its business model does not involve animal testing, animal-derived products, animal husbandry, or direct impact on wildlife habitats. Therefore, all KPIs related to animal welfare are not applicable to its operations.
No War, No Weapons
0
The provided articles contain no information regarding Fabasoft AG's involvement in arms manufacturing, military contracts, dual-use technologies, sales to embargoed regimes, peacebuilding investments, or any other activities related to the 'No War, No Weapons' ethical value.
1
Therefore, no KPIs can be scored based on the evidence provided.
2
Planet-Friendly Business
-20
Fabasoft has SBTi-validated near-term targets to reduce its Scope 1 and 2 CO2 emissions by at least 42% by 2030, using 2021 as the base year, aligning with the Paris climate agreement.
1
In fiscal year 2024/2025, 70.4% of its total energy consumption was sourced from renewable energy.
2
The company guarantees net-zero CO2-neutral business operations by offsetting all direct and indirect emissions from its business operations (Scope 1 and 2)
3
and aims for CO2 neutrality across its entire value chain by 2027, with a long-term goal of becoming CO2 negative.
4
Fabasoft has assessed its climate-related risks considering TCFD recommendations, is committed to regularly managing them,
5
and has carried out a qualitative scenario analysis.
6
The company concluded that the overall impact of climate-related risks and opportunities on its business model, income statement, and balance sheet is immaterial.
7
Respect for Cultures & Communities
0
No specific, quantifiable data points were found in the provided articles that directly relate to the ethical value of 'Respect for Cultures & Communities'. The articles discuss corporate governance, general sustainability initiatives (environmental, data privacy, and general social responsibility like diversity), and a product-focused 'Community Day' with administrative authorities, but do not provide evidence for KPIs such as formal partnerships with indigenous or local community groups, cultural impact assessment protocols, local employment ratios, or cultural preservation investments.
Safe & Smart Tech
20
Fabasoft AG demonstrates strong commitment to data protection and security through extensive certifications. It achieved EU Cloud Code of Conduct Level 3 compliance in 2021, being the first company worldwide to do so.
1
The company also holds ISO 27001 for Information Security, ISO 27018 for Protection of Personal Data, BSI C5 attestation (first European cloud service provider to achieve this in 2017), ISAE 3000 SOC 2 attestation, ISAE 3402 Type 2, and the Cyber Trust Gold Label (first cloud provider to receive).
2
Fabasoft states adherence to the EU's Digital Single Market and compliance with the highest standards of integrity and security, including GDPR through its EU Cloud Code of Conduct Level 3.
3
No regulatory actions, violations, fines, or compliance issues are mentioned in the provided articles.
Zero Waste & Sustainable Products
-30
Fabasoft, a software company, participates as a technology partner in research projects like "ZERO³"
1
and "Kiramet"
2
that focus on resource efficiency and waste reduction. The company aims to incorporate findings from these projects into its product portfolio, particularly regarding digital product passports (DPP). The DPP is described as a tool designed to promote resource efficiency and transparency throughout the product lifecycle, thereby fostering a circular economy.
3
This indicates that circular design principles are considered in some of Fabasoft's software product lines.