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Sustainability

Our approach

Sustainability is core to our business. We contribute to sustainable development through our offering of energy-efficient climate solutions. To maintain a sustainable and profitable business, we have integrated sustainability into every aspect of our business strategy. We ensure that our business is sustainable by setting ambitious goals in terms of emissions, resource efficiency, diversity, safety and ethical business practices. 

"I am proud to say that sustainability is fully integrated in our business strategy."

- Klas Forsström, President and CEO

Our main sustainability areas

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The following three areas provide the framework for Munters' sustainability agenda. We integrate this into our strategy and strategic priorities:

  • Resource efficiency and environment  
  • People and society
  • Responsible business practices

Progress 2023

Recycling rate Share of female managers Total recordable incident rate

55%

21%

1,2

(2022:52%) (2022: 22%) (2022: 1,8)

Energy efficiency

Code of conduct for suppliers

Renewable electricity in our production plants

0,52

100%

80%

(2022: 0,62) (2022: 100%) (2022: 72%)

 

Ratings, reviews and commitments

CDP awards us a "B"

We joined the CDP in 2018 and since 2019 we have reported our activities to reduce our climate impact. The goal is to continuously improve the score to reach the A-level, which is the leadership level where companies set best practices to address climate change.

Read the article

MSCI awards us "AAA"

In 2023, Munters received a rating of AAA (on a scale of AAA-CCC) in the MSCI ESG Ratings assessment. Read the disclaimer.

 

Read more about MSCI

Annual and Sustainability Report

Download the 2023 report

Global Compact

Since 2018, we have committed to report in accordance with the ten principles of the UN Global Compact’s on human rights, labor, the environment and anti-corruption.

Read about the initiative

A gender equal company

Since 2012, the independent foundation Allbright has ranked publicly listed companies, like Munters, based on the gender distribution of their management teams. 

Read the review (in Swedish only)

Sustainability News

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