Climate Change Data

NKT A/S

Climate Impact & Sustainability Data (2019)

Reporting Period: 2019

Environmental Metrics

Total Carbon Emissions:74,319 tCO2e/year

ESG Focus Areas

  • Ethics and compliance
  • Anti-corruption
  • Environment, energy and climate
  • Human and labour rights
  • Vendors and business partners

Environmental Achievements

  • High-voltage factories in Cologne, Germany; Drammen, Norway; and Karlskrona, Sweden operate on renewable energy.
  • Material utilization increased to 97.3% (from 96.9% in 2018).

Social Achievements

  • Employee Engagement Index increased to 65 (from 61 in 2018).
  • Diversity and inclusion training for all leaders.

Governance Achievements

  • Ethics & Compliance Committee established.
  • New processes implemented to increase third-party screening and due diligence.
  • Updated guidelines on anti-trust behavior implemented and communicated.

Climate Goals & Targets

Long-term Goals:
  • Not disclosed
Medium-term Goals:
  • Not disclosed
Short-term Goals:
  • All manufacturing sites to run on green electricity by end of 2020.
  • Reduce Lost Time Injury Rate (LTIR) to ≤ 0.50 by 2020.

Environmental Challenges

  • Chemical leakage of non-hazardous bitumen in Cologne, Germany.
  • Increase in Lost Time Severity Rate and Lost Time Accident Rate.
  • EUR 4m fine imposed on NKT in 2018 for alleged price-fixing (under appeal).
Mitigation Strategies
  • Incident handled according to procedures, local authorities informed, knowledge sharing for mitigation.
  • In-depth review of mitigating activities, data collection, and KPI alignment with OSHA regulations.
  • Implementation of Safety Culture Ladder program, mandatory HSE training, and improved ‘worked hours’ data collection.

Supply Chain Management

Responsible Procurement
  • Global Policy for Third Party Compliance
  • Business Code of Conduct for Vendors & Business Partners

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: UN Global Compact

Certifications: ISO 14001

UN Sustainable Development Goals

  • 7
  • 8
  • 9
  • 12
  • 13
  • 14
  • 15
  • 16

The report details how NKT's activities contribute to these SDGs.