NKT improves sustainability rating

NKT is constantly increasing sustainability in all its activities, and the dedication has been recognized by the rating company EcoVadis. In the updated rating, NKT has improved its overall score from 75/100 points last year to 83/100 points in 2022 placing the company in the top 1% of rated companies in the Manufacture of wiring and wiring devices industry. The rating is based on assessments in four areas of covering environment, fair business practices, labor and human rights, and sustainable procurement.

With the improved score, NKT has been recognized for the continuous sustainability focus and the improvement emphasizes the company’s position as a sustainability leader in the power cable industry.

- We play a central part in the global transition to renewable energy, and actively driving sustainability is fundamental to our business and purpose. I am proud that we have been acknowledged for our sustainability practices by EcoVadis with an improved rating reflecting reflect our work and dedication to drive sustainability and dedication to connect a greener world, says Alexander Kara, CEO in NKT.

The improved ESG rating is a result of the continuous execution of several projects driving sustainability in NKT including increased data transparency, satisfactory execution on sustainability initiatives such as running all production on green electricity, increased focus on safety, diversity and inclusion as well as working with responsible and sustainable suppliers.