DANTHERM GROUP Environment | Social | Governance

The roof of our new distribution centre in Heinsberg, Germany, which is built to the highest energy-efficient standards (energy efficiency rating 40 Plus).

This report provides an overview of our ESG activities across the Dantherm Group. The report is not audited and figures are based on internal data.

It is my pleasure to present Dantherm Group’s first sustainability report While this is our first report, sustainability has always been a part of our mindset. With this report, we reflect on 2023, which marked the year we took significant steps towards a future where reporting of our sustainability efforts will hold greater significance. Being an international and professional corporation, the Dantherm Group is committed to environmental awareness, respect for human rights, social responsibility, equality, fair competition, and transparency. In our solutions offered to our customers, climate...

NEW ENERGY EFFICIENT DISTRIBUTION CENTER 80,000 km of transport reduced annually by consolidating German warehouses to one new energy efficient distribution centre in Heinsberg with the highest standard of energy efficiency (rating 40 Plus). SUPPLIER CODE OF CONDUCT SIGNAGE The share of total procurement direct spend of suppliers that signed to comply with the principles of our Supplier Code of Conduct. EMISSION REDUCTION We reduced our Scope 1 and 2 CO2 emissions from 2,513 tons in 2022 to 2,174 tons in 2023, marking a significant reduction in CO2 emissions. DOUBLE MATERIALITY ASSESSMENT INITIATED...

European leader in climate control solutions At Dantherm Group, we aim to be the leading climate control solutions provider in selected industries and applications. We help customers achieve the correct climate conditions by creating energy-efficient and innovative solutions. Dantherm Group was originally founded in Denmark in the 1950s, and today we have offices, factories and distribution centers across Europe and more than 900 passionate employees. At Dantherm Group, we design, build and sell exceptional climate solutions under the three brands Dantherm, Trotec and Master. Through innovative...

reliable partners We understand the importance of building and maintaining strong, long-term relationships with our customers, partners, and stakeholders. We utilise our wide product portfolio, expertise and creative mindset to find the best solution for the customer based on proven or new technology. quality-conscious We are committed to delivering products and services of the highest quality, so we design, build and test everything we do to the highest standards. environmentally focused We let environmental considerations influence our decisions – our founder based the company on energy-efficient...

Dantherm Group is committed to a more sustainable future Our commitment At Dantherm Group we recognise our duty to contribute to a sustainable development. We are dedicated to improve both environmentally sustainable business practices and social responsibility and we are committed to acting fairly and honestly in everything we do – and we expect our partners and suppliers to do the same. Central to this aim, we base our work with corporate responsibility on United Nations Global Compact’s 10 principles on human rights, labor rights, environment, and anti-corruption as well as applicable laws...

Dantherm Group has introduced a new compliance structure and defined roles and responsibilities for ESG initiatives by Group Management, Group ESG leads and Entity ESG leads. • The Group Management is responsible for prioritising and approving initiatives and suggested KPI targets. • The Group ESG leads are managing the role of setting and achieving targets, developing dedicated KPIs, leading the improvement initiatives, and are also responsible for ensuring data quality. They will report quarterly to Group Management on KPI performance and progress on improvement initiatives. • Entity ESG leads...

We strive for a proactive approach to environmental challenges We are fully committed to embracing practices on lowering CO2 emissions and increasing our renewable energy sources, ensuring that the green transition is well underway. In 2023, our total CO2 emissions (Scope 1 and 2) dropped by 13% from 2,513 tons in 2022 to 2,174 tons. This decrease was driven by two main efforts: transitioning from gas to district heating in our headquarters in Skive (DK) and consolidating our warehouses in Germany to a new facility in Heinsberg (DE). Another highlight was our increased use of renewable electricity,...

We aim to create a good and decent workplace for all individuals This commitment includes taking care of the well-being of our employees, prioritising leadership training and skills enhancement for our managers, and valuing diversity and inclusion. First Group leadership training sessions completed A key strategic initiative to attract and retain top talents involves providing internal training sessions for both leaders and employees. In November 2023, we kicked off our inaugural Group leadership training session in Hamburg, attended by members of our Extended Management team from all European...

Clear roles and responsibility are essential for implementing ESG in our business We are committed to ensuring the optimal organisation to manage sustainability internally as well as improving externally in our supply chain. Compliance and ESG implementation In 2023, we have established a new compliance organisation in Dantherm Group, resulting in a structure comprising a Group Compliance Officer and three Regional Compliance Managers. To support our compliance management, we have developed and implemented a set of new compliance policies. Additionally we launched a series of online courses in...

In 2024, we will continue our sustainability journey with several planned and ongoing activities Electricity consumption Switch from conventional power to solar and wind power. Buying certificates from Danish-produced electricity through solar and wind power, which offsets the CO2 that comes from our consumption. Certificates have been purchased to cover our entire electricity consumption in Denmark from January 2024 and onwards. We will include Scope 3 emissions in our total emissions calculation and work closely with our suppliers to increase transparency on emissions related to components...