GFT TECHNOLOGIES SE.
GFT.XETRA | Computer consultancy and computer facilities management activities
GFT Technologies SE is a global technology company specializing in digital transformation solutions for the financial services industry. It provides IT consulting, software engineering, and application management services to banks, insurance companies, and other financial institutions. GFT's offerin...Show More
Better Health for All
0
GFT Technologies SE is a technology company specializing in digital transformation solutions for the financial services industry. Its core business activities, such as IT consulting and software engineering for banks and insurance companies, do not involve the development of medical treatments, preventative healthcare solutions, or direct health-related products or services. Consequently, GFT's operations have no significant direct positive or negative health impact on external populations. The company does not generate revenue from products with negative health outcomes, nor do its services carry health risks requiring disclosure. Its R&D and capital allocation are not focused on health outcomes, and its business model does not involve serving vulnerable populations with health needs, engaging in health education, or responding to health crises. Therefore, all KPIs under the 'Better Health for All' value are assessed as not applicable to GFT's primary business activities.
1
Fair Money & Economic Opportunity
-20
GFT implemented PIX and accompanying regulations set by the Central Bank of Brazil.
1
This implementation supports Open Finance, which is driven by Open Banking and increases data accessibility and control for customers.
2
This indicates GFT's digital transformation solutions facilitate fully open-banking compliant APIs with no access charges for end-customers of its financial institution clients.
Fair Pay & Worker Respect
10
GFT reported 5 incidents of discrimination and harassment.
1
Additionally, 2% of its employees are on fixed-term contracts.
2
Fair Trade & Ethical Sourcing
0
GFT Technologies SE's Code of Conduct for Suppliers and Service Providers, or its Code of Ethics & Conduct, is integrated into the terms and conditions of all supplier contracts.
1
,
2
ensuring 100% coverage with enforceable ethical terms and penalties, including the right to immediate termination for violations.
3
,
4
,
5
The company has reported no substantiated forced or child labour incidents in the last three years (2021-2023)
6
and states that no operations or geographic areas at significant risk of such incidents have been identified, indicating proactive risk assessments.
7
As an IT consulting and software engineering company, GFT does not procure or trade physical commodities, resulting in no fair-trade certified spend or material sourcing of at-risk inputs. No specific data is available regarding the average frequency of on-site supplier audits, the percentage of suppliers with traceable provenance data, the median days to close corrective action plans, or the percentage of procurement budget directed to diverse suppliers.
Honest & Fair Business
10
GFT's consolidated financial statements and combined management report for the entire group were 100% audited by Deloitte, receiving an unqualified opinion.
1
The company has a robust, group-wide Anti-Bribery & Corruption Policy with a zero-tolerance approach, supported by a Compliance Office established in 2008
2
, bi-yearly mandatory training (98% rate in 2024)
3
, annual policy reviews
4
, and due diligence for business partners, including a global prohibition on facilitation payments.
5
No material ethics-related regulatory fines were reported for 2023 or 2024.
6
An ESG summary from July 2025 reported 'Controversy Level: None'
7
, further supported by an unconfirmed allegation of emotional harassment in 2022.
8
A formal whistleblower policy is in place, offering multiple communication channels including an anonymous web-based tool
9
, local channels for EU regulations
10
, and protection against retaliation for good faith reports.
11
However, the Administrative Board has 42.8% independent members (3 out of 7)
12
, although the Audit Committee chair is independent.
13
Kind to Animals
0
No data could be extracted from the provided articles, as all URLs led to 404 errors.
1
Therefore, no assessment against the 'Kind to Animals' value can be made based on the given evidence.
No War, No Weapons
0
GFT Technologies SE states it has no involvement in activities related to controversial weapons and that none of its solutions are banned in any market.
1
The company's clients and suppliers are regularly, daily to weekly, and automatically checked against sanctions and terrorism lists in its ERP system.
2
Before entering new business relationships or establishing new locations, the Compliance Office conducts country-specific risk analyses.
3
GFT is a signatory of the UN Global Compact since 2019 and commits to upholding the UN Guiding Principles on Business and Human Rights.
4
However, it also states that 'social matters' and 'respect for human rights' are not material topics for GFT in the context of double materiality according to ESRS.
5
The GFT Code of Ethics & Conduct sets binding ethical standards, and a Guideline for Responsible AI commits to transparent, accountable, and ethical AI solutions.
6
Planet-Friendly Business
-30
GFT's climate goals are validated by the Science Based Target initiative (SBTi) for a 1.5°C pathway
1
, targeting a 50% reduction in Scope 1 and 2 emissions
2
and a 60% reduction in Scope 3 emissions per euro of value added by 2030, from a 2020 base year
3
. However, Scope 3 Category 11 (use of sold products) is excluded from the validated target
4
. In 2023, 48% of the company's operational energy consumption was sourced from renewables, a decrease from 63% in 2022
5
. Additionally, 0.18% of GFT's capital expenditure in 2023 was aligned with the EU Sustainable Taxonomy
6
. The company, a pure services provider, reported total Scope 1, 2, and 3 greenhouse gas emissions of 19,641 tCO2e in 2023
7
, a 9.37% reduction from 21,674 tCO2e in 2022
8
.
Respect for Cultures & Communities
0
No evidence available to assess GFT TECHNOLOGIES SE on Respect for Cultures & Communities.
Safe & Smart Tech
10
GFT has a Group Data Protection Policy that references GDPR and other relevant data protection legislation.
1
The company is a member of the UN Global Compact since 2019.
2
A Responsible AI section was added to the GFT Group Data Protection Policy in 2024
3
, and guidelines on AI and Machine Learning were issued in 2020
4
, with a taskforce launched in 2023 to develop guidelines for AI tools.
5
GFT is certified to ISO/IEC 27001
6
, and a German subsidiary holds TISAX certification.
7
All employees receive annual mandatory security training.
8
The company explicitly mentions 'Privacy by Design and by Default' in its policy
9
and has a Data Protection by Design approach
10
, including training for Privacy Engineers.
11
Zero Waste & Sustainable Products
0
The provided articles do not contain specific quantitative data points required to assess GFT Technologies SE against the 'Zero Waste & Sustainable Products' ethical value. There is no explicit information regarding waste diversion rates, 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 scores, waste audit frequency, zero-waste certifications, waste disposal violations, material efficiency, packaging-to-product ratio, waste reduction targets, supplier waste requirements, or customer waste education. While GFT's 2024 Non-Financial Report mentions GHG emission reduction targets, these are not directly related to waste management and thus do not apply to this value.
1