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ESG Performance

About us
Sustainability
ESG Performance

We closely monitor our sustainability progress and as a member of UN Global Compact we are contentiously working on improving our reporting processes and the data tracking on all ESG aspects. Our purpose - connect a greener world - is rooted in our sustainability efforts and visualizing our journey through data makes it come alive in the corporate annual reports.

To monitor our progress on sustainability, we have targets in place based on our relevant policies and corresponding data is collected and validated on an ongoing basis. Current targets can be found in the latest Sustainability Report and the relevant data below.

Sustainability Data 2023

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ESG ratings
Environment, Social and Governance performance

We are a responsible company striving to improve our performance within the areas of environment, social and governance (ESG) and are assessed in several ESG ratings made by external and independent agencies.

All relevant reports and corporate certificates documenting our sustainability journey.

Negl
0 - 10

Low
10 - 20

Medium
20 - 30

High
30 - 40

Severe
40+

Lower ratings are better

As of December 2022, NKT A/S received an ESG Risk Rating of 15.3 from Morningstar Sustainalytics and was assessed to be at low risk of experiencing material financial impacts from ESG factors.

CCC

AAA

Higher ratings are better

In 2022, NKT received a rating of AA in the MSCI ESG Ratings assessment
It places us in the group among Leaders

0 - 44

Bronze
45 - 53

Silver
54 - 65

Gold
66-72

Platinum
73 - 100

Higher ratings are better

Rated Platinum with a score of 83 out of 100 in 2022 within the industry category “manufacture of wiring and wiring devices”
It places NKT among 5% best companies in total.

D-

C-

B-

A-

Higher Ratings are better

Rated in December 2022 in Climate Change disclosures, NKT received the CDP score of B which place us in the Management band (B/B-): Taking coordinated action on climate issues.
NKT is amongst 34% of companies that reached Management in the group ”Electrical and electronic equipment”.

You can find more details on the rating providers Sustainalytics, MSCI, EcoVadis and CDP on their respective websites.

Copyright ©2022 Sustainalytics. All rights reserved. This [publication/ article/ section] contains information developed by Sustainalytics (www.sustainalytics.com). Such information and data are proprietary of Sustainalytics and/or its third party suppliers (Third Party Data) and are provided for informational purposes only. They do not constitute an endorsement of any product or project, nor an investment advice and are not warranted to be complete, timely, accurate or suitable for a particular purpose. Their use is subject to conditions available at https://www.sustainalytics.com/legal-disclaimers.

The use by NKT of any MSCI ESG Research LLC or its affiliates ("MSCI") data, and the use of MSCI logos, trademarks, service marks or index names herein, do not constitute a sponsorship, endorsement, recommendation, or promotion of NKT by MSCI. MSCI services and data are the property of MSCI or its information providers, and are provided 'as-is' and without warranty. MSCI names and logos are trademarks or service marks of MSCI.