Sustainability

We are committed to sustainable operations to benefit people, nature and the climate.

Nortek sustainability fjord norway

We conduct our business activities with sustainability goals in mind, including the conservation of natural resources, prevention of environmental pollution, and contribution to a fair and equal society.

Scoping out our direction

We conduct a formal materiality assessment every other year to ensure we prioritize the issues that have the biggest sustainable impact on our business, communities and the environment, and that matter most to our stakeholders.

The 2022 materiality analysis was developed using input from our employees, management, customers, suppliers and other stakeholders. The assessment results have been plotted on a materiality matrix, with their position relative to the degree of stakeholder interest and potential business impact.

Nortek UN SDG

Our goal is to embed sustainability into all our business areas and functions, and communicate our sustainability approach to our customers, suppliers, employees and other stakeholders to join in together on this journey towards a fair, equal and low-emission society.

The materiality assessment

The issues should not be viewed in isolation as they are interconnected and impact each other. The materiality assessment is in total a holistic approach for how to manage sustainability in Nortek. It and the UN SDGs together are the foundation for our sustainable goal setting and activities moving forward.

Nortek Eco Ocean

UN Sustainable Development Goals

The 17 UN Sustainable Development Goals (SDGs) are a universal call for action by all countries to tackle climate change, end poverty and build a more sustainable and inclusive world by 2030.

Even though Nortek contributes to several of the goals, we have highlighted a selection of 5 SDG’s as most important to us and our business moving forward. These are all reflected in our business strategy and correlated with our goals.

Nortek UN Goals

Environmental goals

We actively work to reduce environmental impact and climate change. Nortek’s climate and sustainability ambition is based on three pillars:

Reduce own emissions

  • Reduce own emissions by 1/3 by 2030 from a 2019 baseline
  • Implement environmental management system

Deliver carbon neutral products

  • Promote the use of recycled materials and sustainable battery technology
  • Ensure responsible supply chain
  • Maintain durable and repairable products of high quality

Enable healthier oceans

  • Enable healthier oceans through our technology and coastal community support
  • Provide instruments to projects to learn more about ocean ecosystems, biodiversity and maintain oceanic livelihoods
  • Coastal community support for healthier oceans

Social and governance

We want to be in the forefront and manage the social aspects of our business to the highest standards in areas such as health and safety, diversity and equal opportunities, human rights and the support of local communities.

We also strive to govern our business according to legislation, strategy and best practice to address anti-corruption, ethics, transparency, risk management and a responsible supply chain.

The table below show how we already integrate or plan to integrate relevant social and governance topics into our organization and the way we do business.

Topic Addressed by Measured by

Responsible Business Conduct (RBC)

Nortek is dedicated to responsible, sustainable business practices, emphasizing environmental stewardship and social responsibility. Our report details due diligence, risk assessments, and measures taken to ensure respect for human rights and decent working conditions in our operations and supply chain. The report has been conducted according to the OECD guidelines and the Norwegian Transparency Act.

If you would like more information about our work, please send an e-mail to [email protected].

Nortek vessel Social responsibility

Global Reporting Initiative (GRI)

The GRI standards are the most widely used sustainability reporting standards and have been used for Nortek’s 2022 sustainability reporting on economic, environmental, and social impacts. The GRI Standards increase an organization’s transparency and enhance stakeholder engagements.

Nortek ship in the wide ocean

Cart

Total $0.00
Next

In the final step you can choose to pay by card or generate a quote PDF.