Danfoss A/S 2023 AR2
The report details Danfoss' financial and sustainability performance for the fiscal year 2023, highlighting its green growth strategy, Core & Clear 2025. Despite a challenging global economic environment in the second half of the year, the company achieved a 7% sales growth in local currency, reaching EUR 10.7 billion. In sustainability, Danfoss successfully decoupled organic growth from its own emissions, reducing Scope 1 and 2 greenhouse gas emissions by 18% (excluding recent acquisitions). The company also secured long-term power purchase agreements in North America and China to support its goal of fully decarbonizing operations by 2030. Additionally, Danfoss introduced a new Circularity Framework and expanded its diversity, equity, and inclusion initiatives, increasing women in leadership positions to 22.1%.
Company: Danfoss A/S
Sector: Manufacturing
Country: Denmark
Year: 2023
Type: AR2
Pages: 158
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Danfoss A/S
Annual Report
The report details Danfoss' financial and sustainability performance for the fiscal year 2023, highlighting its green growth strategy, Core & Clear 2025. Despite a challenging global economic environment in the second half of the year, the company achieved a 7% sales growth in local currency, reaching EUR 10.7 billion. In sustainability, Danfoss successfully decoupled organic growth from its own emissions, reducing Scope 1 and 2 greenhouse gas emissions by 18% (excluding recent acquisitions). The company also secured long-term power purchase agreements in North America and China to support its goal of fully decarbonizing operations by 2030. Additionally, Danfoss introduced a new Circularity Framework and expanded its diversity, equity, and inclusion initiatives, increasing women in leadership positions to 22.1%.
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Document Details
Report Year
2023
Reporting Period
Jan 1, 2023 - Dec 31, 2023
Fiscal Year
2023
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Assurance
Assurance Provider
Assurance Standard
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Emissions
Scope 1:
Scope 2:
Scope 3:
Energy Consumption
Renewable Energy
Water Consumption
Total Waste
Women on Board
Women in Management
Employees