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.
We have an important role to play in abating climate change. Climate control systems play a pivotal role in managing energy consumption for our customers. By optimizing these systems, we empower our customers to reduce their energy and water usage.
Our environmental footprint originates from the use of electricity and fossil fuels in our production processes and from the use of our sold products. The goal is to continuously reduce our energy use and make our factories and processes more efficient but also to develop even more resource-efficient products, efficient transports and to make choices of materials and suppliers that reduces negative impact.
Target |
Result 2024 |
Scope 1 & 2 (Excluding FT Equipment)Reduce absolute emissions by 42% (ktCo2e) |
10.7Outcome 2023: 11 |
Scope 3 tCO2e per units sold products (Excluding FT Equipment)Reduce Scope 3 category 11 CO2e emissions by 51.6% per units of sold products (tC=2e/sold unit) |
403Outcome 2023: 643 |
Energy efficiency in our production plantsTarget to continuously improve energy efficiency in relation to output value in our factories (MWh/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 |
|
Waste & recycling rateTarget to continuously raise the recycling rate |
|
Investment in R&DResearch and development investment measured in relation to net sales |
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 Outcome 2022: 1.8
|
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 3-year period |
|
Target |
Result 2024 |
Scope 1 & 2 (Excluding FT Equipment)Reduce absolute emissions by 42% (ktCo2e) |
10.7Outcome 2023: 11 |
Scope 3 tCO2e per units sold products (Excluding FT Equipment)Reduce Scope 3 category 11 CO2e emissions by 51.6% per units of sold products (tC=2e/sold unit) |
403Outcome 2023: 643 |
Energy efficiency in our production plantsTarget to continuously improve energy efficiency in relation to output value in our factories (MWh/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 |
|
Waste & recycling rateTarget to continuously raise the recycling rate |
|
Investment in R&DResearch and development investment measured in relation to net sales |
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. |
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 |
Code of conduct for suppliersThe target is that 100% of our largest suppliers will |
|
Training in code of conductIn total, 51% of all employees were trained during 2023, and 83% have completed the training measured over a 3-year period |
|