Introduction ESG performance EU Taxonomy Progress on ESG Data and assurance Letter from the CEO About Nilfisk How Nilfisk operates Business plan Governance Materiality assessment UN SDGs & EcoVadis Sustainability commitments Sustainability commitments The task of keeping the world clean is growing in importance, as the effects of climate change become increasingly visible. Nilfisk not only helps its customers to provide clean, but also safe and continuously operational environments. Having entered an era of extreme weather, cleaning needs to become even more swift and reliable to curb the effects of the extreme weather and to help limit the spread of infectious diseases. Nilfisk has made ambitious sustainability commitments that are anchored in Business Plan 2026. Moving along the path of consistently turning commitments into action is seen as critical to achieving the company’s business objectives. Nilfisk’s sustainability commitments The sustainability commitments of Nilfisk address challenges and responsibilities within the areas of environment, social and governance. Environment Climate change represents the single biggest threat to sustainable development. If climate change is not curbed, it will negatively impact all other sustainability goals. For this reason, Nilfisk has historically had a strong focus on climate action and has also achieved solid progress on its science- based greenhouse gas (GHG) emission targets in 2023. Social Nilfisk acts to create fair, healthy and safe work environments for all employees. In 2023, Nilfisk delivered solid progress on the company’s gender diversity targets. Further, the targets were restated in accordance with Danish legal requirements, and new, more ambitious targets were set. Environment Social ESRS topics Ambition Science-based climate action as a compass We want to lead with sustainable products and services to deliver value to our customers and to all our stakeholders Empowering people and communities We act to create fair, equal, healthy and safe working environments Climate change Pollution Biodiversity and ecosystems Circular economy Own workforce Consumers and end-users Workers in the value chain Targets & milestones Emission reduction 35% reduction of absolute scope 1 and 2 GHG emissions by 2030, based on 2019 48% reduction of scope 3 GHG emissions from the use of sold product per unit of gross profit by 2030, based on 2021 Equal representation 37.5% of the underrepresented gender in the Board of Directors by 2027 34% of the underrepresented gender in top management by 2026 and equal representation by 2030 (minimum 40/60 ) Governance Good governance and integrity-centric behavior remain the foundation of Nilfisk’s daily interactions with customers, suppliers, business partners and other stakeholders. In 2023, the Business Code of Conduct was updated, selected employees trained and the supplier assessment framework was streamlined for greater ease and impact. Preparing for ESRS Nilfisk’s sustainability efforts address additional 11 SUSTAINABILITY REPORT 2023 Governance Responsible business conduct at the core We are committed to promoting integrity-centric behavior throughout the company No material topics EcoVadis Gold Gold Gold medal in the annual EcoVadis assessment topics that are material to the company’s management of sustainability risks and opportunities. In the future, Nilfisk will extend its reporting and target setting on material topics according to ESRS.
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