Diversity & inclusion

Project team working

Our employee experience is rooted in an inclusive culture

Danfoss’ foundation is our high-performing, diverse teams. We strongly believe that taking care of our people and our working environment – where everyone feels engaged, respected, and included – is essential for Danfoss’ growth journey.

The diversity of our employees drives high-performance, accelerates innovation, enables creative solutions, and optimizes agility in an evolving world. This is especially relevant with our expanding global footprint and our strategic intention to lead the green transition.

At Danfoss, we aspire to foster an inspiring and inclusive workplace that unleashes the full potential of our people and empowers them to thrive in a purpose-driven career. We are committed to delivering an engaging employee experience that values and respects all aspects of diversity – the seen and unseen – and creates an environment of belonging.

Employee Resource Groups (ERGs)

Danfoss ERGs provide employees with an outlet to help shape the organizational culture and create an environment of belonging through communities of shared identity, experience, and interests, as well as providing resources that empower leaders and teams to foster inclusion.

Each ERG is sponsored by two executives, including a member of the Group Executive Team (GET). Emphasizing that Diversity and Inclusion is strongly embedded in Danfoss’s purpose and strategic priorities.

Alongside our ERGs, we established ten new Regional Inclusion Councils. The councils represent a global perspective providing solutions by identifying and eliminating systemic barriers to be able to provide an even more inclusive workplace for everybody.

Launched global ERGs include:

  • Danfoss MULTICULTURAL & NATIONS – focusing on employees of all ethnicities/nationalities and allies
  • Danfoss GENDERS – focusing on employees of all gender identities (i.e., women, men, non-binary) and allies
  • Danfoss ABILITIES – focusing on employees with mental and/or physical disabilities and allies
  • Danfoss GENERATIONS – focusing on employees of all age groups and allies
  • Danfoss PRIDE – focusing on employees of the LGBTQ+ community and allies
Colleagues talking by computer

Increasing representation of women leaders

Danfoss remains committed to improving diverse representation. In 2019, we set an ambitious stretch goal to increase women in leadership to 30% by 2025. This commitment continues to inspire our talent practices and employee experience, and reinforces our broad focus on diversity & inclusion that goes far beyond gender.

Externally, Danfoss has been recognized by global media outlets for our actions and ambitions.

  • The Financial Times ranked Danfoss on the “FT – Diversity Leaders 2022” list. Results reflect the fields of age, gender, ethnicity, disability, LGBTQ+, and general diversity.
  • Forbes listed Danfoss among “The World’s Top Female-Friendly Companies.” The survey recognizes companies that lead the way when it comes to supporting women inside and outside the workforce.
  • Forbes named Danfoss among the “World’s Best Employers 2021,” acknowledging our efforts to create a great workplace.
Kim Fausing speaking with young Danfoss talents

Mentoring for growth and diversity

Danfoss’ Global Mentoring Program accelerates talent development to enable a purpose-driven career path for our pipeline of executive talent. We’re committed to mentoring because we know it boosts employee engagement, strengthens Danfoss’ culture, and increases retention of high-potential employees.

In Danfoss’ Global Mentoring Program, Group Executive Team members and other senior leaders mentor high-potential employees from across the business. They share their personal experiences and insights to support mentees’ professional development, build competencies, and accelerate their careers.

Danfoss’ CEO Kim Fausing has been a mentor to talented women over the years, investing in the mentoring program for women and supporting our strong D&I agenda at Danfoss.

Colleagues from Danfoss helping Habitat for Humanity
Colleagues from Danfoss in Canada teamed up with Habitat for Humanity to support building affordable houses for families in need of a homes.

Community engagement

We want to be a strong local partner and engage with local stakeholders and partner organizations to ensure that our efforts contribute to communities around the world where we have presence.

We play an active role in the local communities through sponsorships, involvement in trade organizations and networks, and through participation in social work and employee-volunteering activities.

We create an attractive, dynamic work environment for Danfoss employees and their families through the effort of local Danfoss colleagues around the globe and through several specialized foundations.

Annual report 2021 cover

Annual report 2021

For the financial year 2021, we are taking a new step in our reporting by combining financial, sustainability, and corporate governance in a single publication. This gives our stakeholders a holistic view of Danfoss’ business, value drivers, strategy, governance, and performance.