MASHINIi

ERNST RUSS AG.

HXCK.XETRA | Activities of holding companies

Ernst Russ AG is a Germany-based holding company primarily engaged in the maritime sector. The company operates as an investment and asset manager, focusing on investments in the shipping, real estate, and renewable energy sectors. Within the shipping sector, Ernst Russ AG manages a diverse fleet of...Show More

Ethical Profile

Mixed.

Ernst Russ AG's ethical profile presents a mixed picture. A collision involving one of their vessels allegedly resulted in a missing crew member and a criminal investigation. The company's core maritime business is inherently carbon-intensive; while they are reportedly analyzing fleet emissions and considering alternative fuels for FuelEU Maritime compliance, specific environmental data remains largely unavailable. Critics also point to insufficient evidence across areas like fair pay, ethical sourcing, and community respect, making a comprehensive assessment challenging. Furthermore, its diverse shipping fleet could indirectly support transportation of goods with military applications, though this is considered indirect.

Value Scores

Better Health for All-20
-100100
Fair Money & Economic Opportunity0
-100100
Fair Pay & Worker Respect0
-100100
Fair Trade & Ethical Sourcing0
-100100
Honest & Fair Business10
-100100
Kind to Animals0
-100100
No War, No Weapons0
-100100
Planet-Friendly Business0
-100100
Respect for Cultures & Communities0
-100100
Safe & Smart Tech-30
-100100
Zero Waste & Sustainable Products0
-100100

Better Health for All

-20

A collision involving the MV Solong resulted in a fire, damage to vessels, and one crew member missing and presumed deceased.

1
A crew member was arrested on suspicion of gross negligence manslaughter.
2
The UK Health Security Agency (UKHSA) advised that any public health risk on shore from the incident was deemed very low, and air quality at ground level was within normal levels, indicating no significant health externalities from operations.
3

Fair Money & Economic Opportunity

0

No evidence available to assess ERNST RUSS AG on Fair Money & Economic Opportunity.

Fair Pay & Worker Respect

0

The company had no specific regulatory actions, violations, fines, or compliance issues mentioned for 2022, 2023, and 2024.

1
This indicates a clean record for the past three years.

Fair Trade & Ethical Sourcing

0

No specific data regarding fair trade certifications, audit frequency, forced or child labor incidents, traceability coverage, remediation speed, ethical sourcing clauses, materials risk, or supplier diversity spend for Ernst Russ AG was found in the provided articles.

1
The available information focuses on financial performance and general company mission, or discusses the broader shipping industry and other companies without specific relevance to Ernst Russ AG's ethical sourcing practices.

Honest & Fair Business

10

KPMG AG Wirtschaftsprüfungsgesellschaft issued an unqualified audit certificate for Ernst Russ AG's individual and consolidated financial statements and combined management report for the 2021 financial year.

1
This indicates a high level of independent audit coverage for the company's financial reporting. This also serves as evidence of third-party verification for the company's financial claims. No specific evidence was found for other KPIs such as regulatory fines, transparency index, whistleblower policy, financial restatements, ESG controversy index, complaint resolution time, board conflict-free percentage, or anti-corruption policy.
2

Kind to Animals

0

Ernst Russ AG is a holding company focused on maritime, real estate, and renewable energy investments.

1
Its business model, which includes managing a fleet of vessels, does not involve activities such as product manufacturing, animal testing, animal agriculture, or the use of animal-derived ingredients.
2
Consequently, all KPIs related to cruelty-free certification, animal testing, humane operations, ethical sourcing, supplier audits, cage-free sourcing, R&D for animal-free alternatives, and animal welfare policy engagement are not applicable to the company's operations. The provided articles, which primarily detail financial performance and fleet operations, contain no information relevant to these animal welfare metrics.
3

No War, No Weapons

0

No information was found in the provided articles regarding Ernst Russ AG's involvement in arms manufacturing, military contracts, dual-use technologies, sales to embargoed regimes, or any peacebuilding initiatives.

1
The company description indicates a focus on maritime, real estate, and renewable energy sectors, managing civilian vessels. However, the articles do not provide specific, concrete data points, policies, or actions related to any of the 'No War, No Weapons' KPIs.
2
Therefore, all KPIs must be omitted due to a lack of explicit evidence.

Planet-Friendly Business

0

No specific data on environmental metrics such as Scope 1, 2, and 3 emissions, renewable energy usage, water consumption, waste diversion rates, or climate-related targets and initiatives is provided in the articles.

1
Information regarding environmental compliance violations, biodiversity efforts, or climate-related financial disclosures (like TCFD alignment or stranded asset transparency) is also absent.
2
While the company has introduced FuelEU Maritime regulation compliance measures, including analysis of fleet emissions and clauses for alternative fuels, these are not quantifiable outcomes for any specific KPI.
3

Respect for Cultures & Communities

0

No specific, concrete data points were found in the provided articles regarding Ernst Russ AG's (HXCK.XETRA) respect for cultures and communities.

1
The articles focused on the company's business strategy, financial performance, market position, and investor events, without addressing any of the specified KPIs related to community engagement, cultural preservation, or social responsibility.
2

Safe & Smart Tech

-30

Ernst Russ AG's data protection notice, published in March 2024, states that data transmission via email is unencrypted.

1
The company collects only necessary data for website operation and security, and users are granted rights to access, rectify, erase, or restrict processing of their data, including the ability to withdraw consent and object to processing.
2
The company explicitly references GDPR compliance, but no specific details on regulatory actions, violations, or fines are mentioned.
3

Zero Waste & Sustainable Products

0

No specific, concrete data points were found in the provided articles for any of the Key Performance Indicators related to Zero Waste & Sustainable Products. The articles discuss the company's involvement in ship recycling

1
and general sustainability goals related to emissions and energy efficiency,
2
but do not provide metrics on waste diversion rates, product recyclability, packaging sustainability, recycled content, waste reduction initiatives, or other waste-specific KPIs for Ernst Russ AG's operations or products.
3

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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.