MASHINIi

PSI SOFTWARE SE.

PSAN.XETRA | Computer programming activities

PSI Software SE is a Germany-based company that develops and integrates software systems for energy suppliers, public transport, manufacturing, and logistics. For the energy sector, PSI provides solutions for network management, energy trading, and smart grids. In public transport, it offers softwar...Show More

Ethical Profile

Mixed.

PSI Software SE's ethical standing presents a mixed picture. The company faced a ransomware attack in February 2024, impacting internal IT systems, though customer systems were reportedly unaffected, highlighting cybersecurity challenges. On the environmental front, PSI procures 100% hydropower-generated electricity in Germany. Its software solutions are linked to significant CO2 reductions, such as 2,500 tons annually from an electric bus depot, and it's recognized as a climate leader. PSI also holds ISO 27001 information security certification and operates an external whistleblower system. However, many other ethical areas lack sufficient public data for a comprehensive assessment.

Value Scores

Better Health for All0
-100100
Fair Money & Economic Opportunity0
-100100
Fair Pay & Worker Respect40
-100100
Fair Trade & Ethical Sourcing0
-100100
Honest & Fair Business-10
-100100
Kind to Animals0
-100100
No War, No Weapons0
-100100
Planet-Friendly Business-20
-100100
Respect for Cultures & Communities-20
-100100
Safe & Smart Tech0
-100100
Zero Waste & Sustainable Products-60
-100100

Better Health for All

0

PSI Software SE develops and integrates software systems for energy, public transport, manufacturing, and logistics.

1
The company's core products and services, which focus on efficiency and process optimization, do not have a significant direct positive or negative impact on health. The company has no significant involvement in industries typically associated with negative health outcomes, such as alcoholic beverages, tobacco, or controversial weapons.
2
The company's software products do not have direct safety implications for physical or mental health users, nor does the company offer health-related products or services that would require considerations for price accessibility, vulnerable reach, or risk transparency. While the company reported R&D expenses of EUR 43.5 million in 2023,
3
there is no evidence that this investment is aimed at improving health outcomes or accessibility. The business model is not directly relevant to health externalities, health equity programs, healthcare workforce support, preventative health measures, healthcare data management, global health crisis response, mental health outcomes, pharmaceutical patents, nutrition, health education, addiction potential, or clinical trials.

Fair Money & Economic Opportunity

0

PSI Software SE is a software developer for energy, public transport, manufacturing, and logistics sectors, not a financial institution.

1
The company does not offer lending or deposit services, consumer credit products, or manage customer finance data.
2
Therefore, KPIs related to financial services, such as underserved client share, pricing fairness, exploitative fee exposure, fair lending compliance, wealth building outcomes, debt burden ratio, and product simplicity, are not applicable. While the company engages in diversity and inclusion initiatives for its workforce
3
and makes charitable donations,
4
there is no evidence of dedicated inclusion programs or profit reinvestment specifically in community finance or profit-sharing with underserved communities. Similarly, there are no financial literacy initiatives or financial service access points to evaluate.

Fair Pay & Worker Respect

40

PSI Software SE reported an Employee Commitment Index score of 92% in 2024, an increase from 86% in 2023.

1
This index, calculated since 2017, includes employee turnover, employee satisfaction, and sick leave rate, with turnover and satisfaction weighted higher.
2
The company's target range for this index in 2025 is 90% to 94%.
3
PSI also has an occupational health and safety management system certified to DIN ISO 45001 since 2022.
4
The company adheres to German laws regarding freedom of association and non-discrimination, and has a whistleblower system for compliance violations, as well as a grievance procedure for human rights and environmental risks.
5

Fair Trade & Ethical Sourcing

0

The company's core business is developing and integrating software systems. Its procurement primarily involves products from large international IT groups and freelancers.

1
There is no evidence of the company procuring physical commodities typically classified as high-risk materials, such as conflict minerals or uncertified palm oil.
2
Therefore, this KPI is not applicable to the company's operations.

Honest & Fair Business

-10

PSI Software SE has a formal whistleblower system and hotline, which is operated by an independent third-party provider.

1
The company's Code of Conduct commits to fair business practices and compliance with legal standards, and it has a Compliance Management System in place.
2
PSI prohibits bribery and corruption, with employees instructed to avoid conflicts of interest and inappropriate inducements.
3
The company had one 'Restated Revenue Allocation by Segment (2021)' mentioned in its 2024 annual report.
4
PSI relies on external audits for quality management (ISO 9001), information security (ISO 27001), and environmental management (ISO 14001), and its Aschaffenburg site was certified to DIN EN ISO 14001 in January 2024.
5
RSM Ebner Stolz GmbH & Co. KG audited the 2024 financial statements and issued an unqualified audit opinion.
6
The company has a policy stating that members of the Supervisory Board must not hold positions or carry out consultancy work for main competitors.
7

Kind to Animals

0

No evidence available to assess PSI SOFTWARE SE on Kind to Animals.

No War, No Weapons

0

PSI Software SE's core business is described as software systems for energy, public transport, manufacturing, and logistics. The 2020 annual report details revenue from Energy Management and Production Management segments.

1
The company invested EUR 27.8 million in R&D, focusing on multi-cloud technology, an app store, grid planning software, and forecasting software.
2
No evidence indicates revenue from arms or defense contracts, nor any R&D investment in dual-use technologies with military applications.
3

Planet-Friendly Business

-20

PSI Software SE procures 100% of its operational energy from renewable sources, specifically hydropower-generated electricity in Germany.

1
The company has not reported any environmental compliance violations.
2
PSI participates in the Carbon Disclosure Project (CDP) since 2011, achieving a B- score for Climate Change and a B for Supplier Engagement in 2022, but there is no evidence of TCFD-aligned disclosures or climate-risk governance.
3

Respect for Cultures & Communities

-20

PSI Software SE has donated more than 100,000 euros to various social institutions, including children's hospices and humanitarian aid organizations like Doctors Without Borders.

1
The company engages in social activities, including regional initiatives to support charitable organizations near PSI locations and promoting employee team sports.
2
PSI supports the 17 Sustainable Development Goals of the United Nations and integrates ESG criteria into its corporate strategy.
3

Safe & Smart Tech

0

PSI Software SE experienced a ransomware attack on February 15, 2024, which disrupted its internal IT systems, including email.

1
The company proactively disconnected systems to mitigate data loss and confirmed no evidence of customer systems being affected.
2
Authorities and experts are assisting in the incident response.
3
The company holds multiple privacy and security certifications, including FERPA, GDPR, HIPAA, ISO 27001, SOC 2 Type II, PCI DSS, and is certified to the EU-US, UK Extension, and Swiss-US Data Privacy Frameworks.
4
It explicitly states adherence to these regulations and frameworks and contacted German authorities regarding the ransomware attack.
5

Zero Waste & Sustainable Products

-60

The company encourages its employees to separate waste and recyclable materials,

1
and to use reusable packaging while avoiding plastic waste.
2
It conducted an energy audit in 2020 in accordance with DIN EN 16247-1.
3
The first PSI site was certified to DIN EN ISO 14001 in January 2024,
4
with further certifications planned from the second half of 2024.
5
The company has had no waste disposal violations in the past three years.
6
It lists 'improper storage or disposal of hazardous waste' as a relevant environmental risk that can be reported through its Grievance Procedure.
7

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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.