Our approach to sustainability
Our sustainability policy
- We engage with our stakeholders to promote sustainable development.
- We ensure that sustainability is a fundamental element of our business conduct, focusing on resource efficiency, risk mitigation, reputation and engagement.
- We do our utmost to implement decisions and actions with dignity and fairness and commit to ensuring that all employees comply with local and international legislation.
- We commit to ensuring that all employees comply with local and international legislation.
The Danfoss sustainability program
The aim of our sustainability program is to ensure sustainable and responsible business conduct.
It is the foundation of our in-house focus on sustainability, providing guidance within our prioritized focus areas: “Business and Products” and “People and Communities”.
The sustainability program and Danfoss’ general approach to sustainability, ethics and compliance is described in our Introduction to Sustainability at Danfoss.
We support Global Compact
Danfoss has been a participant of the UN Global Compact since 2002. Through our sustainability efforts, we comply with the ten principles of the Compact – which covers human rights, labor rights, the environment and anti-corruption.
We continue to support the Global Compact as a governing principle in our sustainability efforts and are actively engaged in national Global Compact networks.
Our annual Sustainability Report serves as Danfoss’ Communication on Progress to UN Global Compact.
Accelerating on SDGs to engineer a better future
The Sustainable Development Goals take a broad perspective and are relevant worldwide. We focus on how we can contribute to the Global Goals - globally and locally, commercially and politically. They fit well into our business context and, because we have a broad range of products within climate and energy, we have chosen to focus on four of the Global Goals.
Many of our products contribute to achieving the Sustainable Development Goals, but our passion for energy efficiency is most directly linked to four of the seventeen goals. That´s why SDG 6, SDG 7, SDG 11 and SDG 12 are at the center of our efforts.
SDG 6: Ensure availability and sustainable management of water and sanitation for all.
We provide solutions for water and wastewater handling to optimize and reduce energy consumption. This leads to increased energy efficiency and lower operating costs in, for example, a wastewater treatment plant, ensuring sustainable management of water for all.
SDG 7: Ensure access to affordable, reliable, sustainable, and modern energy for all.
Danfoss is a world leader in energy-efficient technologies. Improved energy efficiency will help us meet the growing demand for energy and ensure access to reliable and modern energy, which all can afford.
SDG 11: Make cities and human settlements inclusive, safe, resilient, and sustainable.
By 2030, an additional 1.5 billion people will live in our cities. We help build roads, buildings and energy systems for the world’s growing cities and support progress for people, communities and businesses across the world.
SDG 12: Ensure sustainable consumption and production patterns.
Our sustainable technologies and service concepts ensure the perfect conditions for food in temperature-controlled environments and help achieve near-zero downtime on store applications to improve food safety and reduce food loss and waste.
We contribute to improving the knowledge of sustainability in society and to engage in the development of the local communities in which we operate.
We play an active role in our community through sponsorships, involvement in trade organizations, and through participation in social work. For example, colleagues take action and make a difference in their local communities by packaging relief boxes, helping out in local soup kitchens, or supporting a nearby schools. These initiatives are organized through local Danfoss projects around the globe and in association with our foundations.