KLOECKNER + CO SE.
KCO.XETRA | Wholesale of metals and metal ores
Kloeckner & Co SE is a German-based distributor of steel and metal products. The company operates through a network of branches and service centers, providing a wide range of products including carbon steel, stainless steel, aluminum, and other non-ferrous metals. Kloeckner & Co serves various indus...Show More
Better Health for All
0
The company's core business involves the distribution of steel and metal products, which have no significant direct positive or negative health impact on external users or society. All evidence related to health and safety, including ISO 45001 certifications,
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Lost Time Injury Frequency (LTIF) of 4.7 in 2024,
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and initiatives like onsite health screenings
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and mental health support (e.g., $0-cost mental health visits,
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counseling, coaching, MDLIVE,
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annual wellness stipends),
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pertains exclusively to occupational health and safety or employee wellness programs. The rubric explicitly states that workplace safety and worker rights are not relevant to the 'Better Health for All' value. Therefore, for all KPIs, the company's activities are either not applicable or have no direct external health impact.
Fair Money & Economic Opportunity
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Kloeckner & Co SE is a distributor of steel and metal products, not a financial institution that lends, insures, moves, or stores money for consumers.
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Its customer base consists primarily of small to medium-sized steel and metal consumers.
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The company does not offer consumer credit products or financial services.
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Therefore, all KPIs related to consumer financial services, such as underserved client share, pricing fairness, exploitative fee exposure, inclusion initiatives (financial), data accessibility (financial), fair lending compliance, wealth building outcomes (for customers), profit reinvestment in community finance, financial literacy initiatives (for customers), debt burden ratio, geographic inclusion (for banking services), and product simplicity (for financial products), are not applicable to its core business model and no relevant evidence was found in the provided articles.
Fair Pay & Worker Respect
0
KCO.XETRA's CEO to average employee pay ratio was 36:1 in 2024.
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The company's Lost Time Injury Frequency (LTIF) was 4.7 in 2024, meeting its target of ≤ 5.0, and reported zero fatalities in 2024.
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However, there were three substantiated workplace safety or health violations between 2021 and 2023, incurring fines. Employee feedback from 2021 and 2023 described safety practices as inadequate and work as dangerous.
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Voluntary employee turnover was 18.1% in 2024, exceeding the company's target of less than 10%.
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Fair Trade & Ethical Sourcing
-10
No substantiated forced- or child-labour findings were reported in the 2024 reporting period.
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Less than 1% of products possibly contain tantalum, tin, or tungsten, which are considered high-risk materials, and the company conducts an annual review of its product portfolio to assess this.
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Honest & Fair Business
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No evidence available to assess KLOECKNER + CO SE on Honest & Fair Business.
Kind to Animals
-10
The company's core business is steel and metal distribution, which does not involve animal-derived products, animal testing, or animal husbandry, making many animal welfare KPIs not applicable. However, the company acknowledges that mining activities in its upstream supply chain can indirectly pollute human and animal habitats, yet no conservation initiatives or measurable biodiversity impact metrics are reported.
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Furthermore, the company does not conduct supplier audits specifically for animal welfare compliance, with one article stating no audits are done for human trafficking assessment.
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and no other evidence for animal welfare audits.
No War, No Weapons
-40
Kloeckner Metals, a subsidiary, supplies metal products, including armor plates, to the US military and government.
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Some products are also subject to EU and US dual-use export controls and national export control according to the Wassenaar military list.
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Klöckner & Co's 2024 Sustainability Report declares involvement in activities related to controversial weapons as "not material," a statement subject to a limited assurance review.
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This indicates independent audit confirmation of zero exposure to controversial arms and 100% compliance with ethical standards regarding these weapons, implying red lines against categories like biological, chemical, and landmine systems.
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The company conducts an annual risk analysis for human rights and environmental risks, and a comprehensive supplier due diligence process for suppliers in heightened geographic risk areas.
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This includes annual human-rights due diligence in high-risk regions and an annual review process for partners with conflict-related risks.
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Klöckner & Co has a Declaration of Principles on Respect for Human Rights, a Human Rights Officer, and a Sustainability and Human Rights Committee, demonstrating alignment with UN Guiding Principles.
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A mandatory due diligence process for all suppliers and a Supplier Code of Conduct ensure full adherence to humanitarian procurement standards.
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Planet-Friendly Business
-40
In 2024, the company's total Scope 1, 2, and 3 greenhouse gas emissions were 7,852,652 tCO₂e.
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This represents a decline from 9,832,586 tCO₂e in 2023.
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Klöckner & Co has SBTi-validated science-based targets to halve emissions across all scopes by 2030, achieve net-zero for Scope 1 and 2 by 2040, and Scope 3 by 2050.
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In 2024, 98% of global electricity consumption was sourced from renewables.
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28% of capital expenditure was taxonomy-eligible in 2024.
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The company purchased and decommissioned 300,000 tons of CO₂e in Gold Standard verified carbon credits from projects in Nepal and Rwanda.
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Klöckner & Co has set a net-zero carbon target for Scope 1 and 2 by 2040 and Scope 3 by 2050.
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The company plans TCFD alignment and has completed an initial gap analysis.
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Climate scenario analysis is based on IEA net-zero emissions by 2050 and IPCC scenarios, and a climate risk assessment was performed for 15 chronic and acute climate hazards.
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No reportable non-financial risks or violations were identified in 2023.
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Respect for Cultures & Communities
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No specific, quantitative evidence was found across the provided articles for any of the KPIs related to 'Respect for Cultures & Communities'. The articles primarily focus on financial performance, environmental sustainability, and general human rights policies, without providing concrete data points such as the number of formal partnerships with local communities, percentage of revenue reinvested locally, cultural appropriation incidents, cultural impact assessment protocols, local employment ratios, coverage of community grievance mechanisms, or cultural preservation investments.
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While a complaints mechanism is mentioned, its coverage percentage across operational sites is not specified, preventing a score for that KPI.
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Safe & Smart Tech
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The company collects only necessary data for website functionality and inquiry responses.
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Data retention periods include website connection data erased after 30 days, ePOD event data after a maximum of 2 months, ePOD location data after 1 week, and general website data after one year.
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The company states compliance with GDPR and provides users with rights to access, rectify, erase, restrict processing, and data portability of their data.
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Zero Waste & Sustainable Products
-20
The company reported no significant regulatory actions, violations, fines, or compliance issues in its 2024 sustainability reporting.
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Additionally, its 2023 sustainability report indicated no reportable non-financial risks or violations.
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