Mill International
Climate Impact & Sustainability Data (2023)
Reporting Period: 2023
Environmental Metrics
ESG Focus Areas
- Product Innovation
- Durability
- Circularity
- Production, value chain, and social responsibility
Environmental Achievements
- Reduced styrofoam in packaging by 10 tons in 2023; aiming to eliminate 50 tons of styrofoam and all non-recycled plastic by 2024.
- Transitioned to 100% recycled and recyclable plastic bags in 2024.
Social Achievements
- Long-term partnerships with manufacturing partners in China, monitored closely by Mill and external parties.
- All factories have signed an updated supplier Code of Conduct and have regular third-party audits related to working conditions.
Governance Achievements
- Complies with the Transparency Act required by Norwegian authorities and the OECD’s guidelines for multinational companies.
Climate Goals & Targets
Long-term Goals:
- Net-zero emissions by 2035 for scopes 1 and 2, and by 2050 for scope 3.
Medium-term Goals:
- Reduce scope 3 emissions by 30% by 2027.
- Reduce scope 1 and 2 emissions by 50% from 2020 to 2027.
Short-term Goals:
- By 2025: 80% of all Mill panel heaters sold are equipped with smart energy-saving technology.
- By 2025: 100% sustainable packaging.
Environmental Challenges
- Heating is a major source of energy consumption, often relying on fossil fuels.
- Inefficient heating systems increase energy waste and costs.
- Cloud solutions for smart technology will require significant energy consumption in the future.
- Many products are replaced instead of repaired.
- Production challenges related to raw materials, energy consumption, waste, and worker welfare.
- Transparency in workers’ welfare is not always present.
Mitigation Strategies
- Investing in energy-efficient smart electric heating solutions.
- Designing products for longevity and repairability (5-year warranty, 10-year spare parts commitment).
- Using recycled materials in products and packaging.
- Partnering with a green energy cloud service provider (AWS).
- Implementing clear environmental standards and third-party ISO certifications for factories.
- Long-term partnerships and close collaboration with suppliers to ensure decent work and ethical standards.
Supply Chain Management
Supplier Audits: Regular third-party audits related to working conditions.
Responsible Procurement
- Supplier Code of Conduct
- Long-term partnerships with selected manufacturing partners
Climate-Related Risks & Opportunities
Opportunities
- Development of energy-efficient products
UN Sustainable Development Goals
- SDG 3: Good Health and Well-being
- SDG 7: Affordable and Clean Energy
- SDG 8: Decent Work and Economic Growth
- SDG 9: Industry, Innovation and Infrastructure
- SDG 12: Responsible Consumption and Production
- SDG 13: Climate Action
Mill's initiatives contribute to these goals through energy-efficient products, sustainable packaging, responsible supply chain management, and commitment to reducing emissions.
Sustainable Products & Innovation
- Energy-efficient smart electric heaters
- Smart WiFi plug
- Heat pump
- Air purifier
- Indoor air quality sensor
Awards & Recognition
- First place in the category “Reduction of unnecessary plastic” in Grønt Punkt Norway’s annual Plastic Promise Award
- Winner of Plast Løftet 2024
- Red Dot Design award
- ‘Best in Test’ by Tek.no
- IF Design award
- Smart Home Product of the Year
- Supplier of the Year by Elektronikkbransjen