Out of eight nominees, Grundfos emerged as the winner of the Climate Impact Award — which is given to a company with goals and actions in its work on climate change — according to CEO of EY in Denmark, Jan Olsen. Salling Group and Nykredit were the other finalists for the award. This year’s awards were held by the Danish Chamber of Commerce on 14 Sep 2023.
“With the Climate Impact Award, the focus is on companies that are doing well, but want more. For example, by introducing initiatives that can inspire and set new standards. It is about impact, and the criteria for the award are tough, so results must be shown that support ambitions and goals. The independent jury found Grundfos to be an example of this,” CEO Olsen said.
The jury justified the choice of Grundfos with its results and a plan for net zero. The jury also highlighted Grundfos’ partnerships to find solutions to, for example, more climate-friendly production.
“This year’s winner of the Climate Impact Award is ambitious and at the same time understands the value of pulling together. Many initiatives can be highlighted, and Grundfos also has a global impact across the value chain. They go beyond the country’s borders with positive impact and change,” added Brian Mikkelsen, CEO of the Danish Chamber of Commerce.
In a statement, Mikael Geday, group executive vice-president, CFO at Grundfos, said that making a positive impact on the world’s water and climate challenges is rooted in its business. “Our Science-Based Targets initiatives (SBTi) were approved last year, and we have in 2023 allocated 150m Danish krone to support initiatives that will enable the realisation of our 2050 Net Zero target,” he said. “We are proud of the recognition to receive the Climate Impact Award for this work.”