We take sustainability seriously

A line illustration of an optical sensor scanning a plant

An innovative approach to ESG

TKH operates in a socially responsible manner, and we continuously seek to increase the contribution we make to a sustainable society.  Our commitment to ESG guides us by setting a clear direction, while also helping to support our customers – and the entire value chain – in driving meaningful change and achieving their own sustainability targets.

Environ­men­tal mindset

Sustainability is a strategic priority. Our operating companies have implemented all relevant ISO environmental standards. By integrating sustainability into every aspect of our business, we are minimizing energy use, greenhouse gas emissions, waste, and raw materials.

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Climate change

Our ambitious plans for mitigating our impact on the environment include becoming carbon neutral for Scope 1 & 2 emissions by 2030. We will also set our goals in line with the latest climate science, which aims to restrict global warming to no more than 1.5°C above preindustrial levels.

Circular economy

We focus on maximizing resource efficiency and minimizing waste by re-using and recycling resources throughout our value chain. Our concrete goals include limiting waste of key production raw materials such as copper, aluminium and plastics to no more than 5%, while recycling at least 80% of most relevant production raw material waste.

ESG in action: our Environmental targets

  • 100%
    Carbon Neutrality (scopes 1 and 2) by 2030

    Carbon neutral by 2030 (Scopes 1 & 2)

    100%
    Carbon Neutrality (scopes 1 and 2) by 2030

    Carbon footprint.jpg
  • <5%
    Waste of most relevant production raw materials

    <5%
    Waste of most relevant production raw materials

    Waste.jpg
  • >80%
    Recycling most relevant production raw material waste

    >80%
    Recycling most relevant production raw material waste

    Recycling.jpg

Socially responsible

We have a duty to be a socially-responsible employer. We aim to provide our employees with a diverse, safe, supportive, and motivating work environment. We make a positive difference to the communities in which we operate.

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Safe & attractive workplace

We firmly believe that a culture of diversity, inclusion and belonging creates a better performing company. We maintain an inclusive workplace that values every individual, providing all the support required to help employees work safely and reach their full potential by developing inspiring and rewarding careers.

ESG in action: our Social targets

  • 25%
    Female employees in executive and senior management

    25%
    Female employees in executive and senior management

    Diversity.jpg
  • <1.0
    LTIFR (Lost Time Injury Frequency)

    <1.0
    LTIFR (Lost Time Injury Frequency)

    Lost Time Injury Frequency.jpg
  • <4.0%
    Illness rate

    <4.0%
    Illness rate

    Illness.jpg
  • >7.5
    Employee satisfaction score

    >7.5
    Employee satisfaction score

    Employee satisfaction.jpg
  • >7.8
    Customer satisfaction score (above benchmark)

    >7.8
    Customer satisfaction score (above benchmark)

    Customer satisfaction.jpg

Good governance

Good governance is the cornerstone of any strong organization. We conduct our business with integrity, accountability, and transparency. We engage stakeholders and share our performance through dedicated events, publications, and channels. And we are fully committed to complying with all relevant governance laws and regulations.

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Responsible business operations

We integrate sustainability throughout our business and our supply chain, with a clear focus on our six UN Sustainable Development Goals.

ESG in action: our Governance targets

  • 100%
    Employees acting in accordance with Code of Conduct

    Code of Conduct

    100%
    Employees acting in accordance with Code of Conduct

    Number of breaches reported

    Code of Conduct.jpg
  • >90%
    Signing of Code of Supply by strategic suppliers

    Code of Supply

    >90%
    Signing of Code of Supply by strategic suppliers

    Code of Supply

    Code of Supply.jpg

Our ESG ratings

We engage with several environmental, social, and governance (ESG) rating agencies. These regularly assess our performance when it comes to ESG.

ESG rating202420232022
MSCIAAAAAA
Sustainalytics19.0 (low risk)21.1 (medium risk)26.2 (medium risk)
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