Targets and performance
Munters contributes to sustainable development through our offering of energy efficient climate solutions and our own operations. To maintain a sustainable and profitable business, Munters has integrated sustainability in every aspect of the business strategy.
Target |
Result 2024 |
Scope 1 & 2 CO2e emissions42.0% absolute reduction from 2023 to 2030. |
+3% |
Scope 3 tCO2e per unit of sold product51.6% reduction in emissions from the use of our products per units of sold products, from 2023 to 2030. |
-37% |
Energy efficiency in our production plantsTarget to continuously improve energy efficiency in relation to output value in our factories (MWh electricity/production value SEK 000) |
0.54Outcome 2023: 0.52
|
Renewable electricity in our production facilitiesEventually, we want 100% of our electricity to come from renewable sources, and the goal is to reach at least 80% by 2026 in our production facilities |
|
Recycled & reused waste in production facilitiesWe to continuously the proportion of waste that is recycled or reused |
|
Investment in R&DResearch and development investment measured in relation to net sales |
3,5%Outcome 2023: 3,9% |
Percentage of employees, womenWe aim to increase the share of women in our workforce. |
|
Percentage of leaders, womenWe aim to increase the share of women leaders. |
22%Outcome 2023: 21%
|
Total Recordable Incident Rate* (TRIR)Munters strives to eliminate all accidents in production, which we measure by TRIR. *The Total Recordable Incident Rate (TRIR) is the number of accidents where the employee had to seek medical assistance multiplied by 200,000/number of hours worked. |
1.2Outcome 2023: 1.2
|
Code of conduct for suppliersThe target is that 100% of our largest suppliers will |
99%Outcome 2023: 100%
|
Training in code of conductIn total, 51% of all employees were trained during 2023, and 83% have completed the training measured over a two-year period |
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Our key sustainability areas
Environment and resource efficiency
We are dedicated to delivering sustainable products, solutions, and services that help our customers enhance both resource and energy efficiency. We are committed to reducing emissions and minimizing the climate footprint across our entire value chain.
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Society and people
We strive to be just and inclusive to create a high-level of engagement. Diversity gives us new perspectives and valuable insights. We work collaboratively to benefit our customers, society and the planet.
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Governance and responsible business practices
We believe that a responsible business is a thriving business. We work according to the highest standards, and we require our suppliers and partners to comply with the same ethical guidelines we follow.
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