In Danfoss, we are on a continuous sustainability journey. Throughout it, we are committed to responsible environmental, social, and governance (ESG) actions. To be transparent and accountable to our employees and the public, we make reports, policies and procedures, and other documents available on our website. Find key policies, reports, and documents by using the links below.
Policies and positions | Sustainability reports l CDP reports l ESG ratings
Environmental
We work to prevent pollution and manage our use of resources efficiently to minimize the environmental impact of our activities. We apply preventive measures and a risk-based approach to ensure continuous improvement of our environmental performance. On our product compliance page you will find policies and position papers related to our environmental impact.
Social
Danfoss’ foundation is our high-performing and diverse teams. The Danfoss DNA and Behaviors are part of our foundation and safeguard the essence of Danfoss. They determine what we do and how we act. For more information, find our Ethics handbook, Modern Slavery Act Statement, and our ethics hotline on our ethics and human rights page.
Governance
Our policies on business conduct ensure that our efforts are ethical and systematic, supported by documented procedures, and governed by strong accountability and responsibility for action. We recognize that we not only carry a responsibility for our own processes, but we can also affect those we cooperate with. Visit our supplier requirements to find the Supplier Quality Manual and other relevant documents.
Our positions and policies
We recognize that sustainable growth depends on responsible decision-making. Our sustainability policies reflect our dedication to environmental stewardship, social responsibility, and ethical governance across all areas of our business.
Explore our key sustainability policies below to learn more about how we put our principles into practice.
Policies supporting Policies on Danfoss Business Conduct:
- Water Management Policy
- Water Management – Policy Implementation and Governance Document
- Waste Management Policy
- Waste Management - Policy Implementation and Governance Document
- Circular Economy Policy
- Circular Economy - Policy Implementation and Governance Document
- Energy Management Policy
- Energy Management Policy - Policy Implementation and Governance Document
- Danfoss Code of Conduct for suppliers
- Human Rights Policy
- Danfoss Human Rights – Policy Implementation and Governance Document
Annual Report 2024
Our integrated annual report provides a holistic view of Danfoss’ business, value drivers, strategy, governance, as well as sustainability and financial performance.
We align our sustainability reporting with the Global Reporting Initiative (GRI) Standards, adhering to globally recognized best practices to provide transparent, comprehensive, and comparable disclosures on ESG impacts.
Download our GRI Content Index Report 2024.
Sustainability reports
- Sustainability Report 2020
- Sustainability Report 2019
- Sustainability Report 2018
- Sustainability Report 2017
- Sustainability Report 2016
Danfoss has published environmental or sustainability reports since 1995.
CDP reports
Danfoss has reported the company’s carbon emissions to Carbon Disclosure Project since 2009.
Climate Change:
- Climate Change 2024
- Climate Change 2023
- Climate Change 2022
- Climate Change 2021
- Climate Change 2020
- Climate Change 2019
Water Security:
- Water Security 2024
- Water Security 2023
- Water Security 2022
- Water Security 2021
- Water Security 2020
- Water Security 2019
ESG ratings
Danfoss is regularly assessed by rating agencies on our sustainability and ESG performance.
Carbon Disclosure Project
Carbon Disclosure Project
CDP is a global disclosure system for investors, companies, cities, states, and regions to manage environmental impacts. Since 2022, we have maintained a B score on a scale from D- to A, but we aim to earn an A score as we progress on our environmental agenda.
Sustainalytics
Sustainalytics is a global leader in research and ratings, specifically measuring companies’ exposure to ESG risks and how well they manage them on a scale from 1-100. Danfoss has a risk rating of 23.1 ranked as 99th among 576 within our industry.
EcoVadis
EcoVadis is a global collaborative platform providing sustainability ratings for procurers. Danfoss has been awarded a silver medal as recognition of being among the top 15% of companies rated by EcoVadis in the Manufacture of general-purpose machinery industry.