At nVent, we focus our sustainability efforts across three focus areas: People, Products and Planet. The world is transforming with the trends of electrification, digitalization and sustainability. With the increase in data centers and demand on the grid, the need for more efficient, resilient electrical solutions is increasing. The build-out of electrical infrastructure from grid modernization, to renewable energy sources to battery energy storage is accelerating. At nVent, we believe electrification offers the opportunity to build a more sustainable world.
We are supporting customers in industries including data centers, industrial automation, power utilities, renewables and energy storage. Our solutions improve energy efficiency, provide end-user safety, reduce installation time, add resiliency and protect the mission-critical systems that power our world.
While we work to build a more sustainable and electrified world, it is important that we operate in a sustainable way. At nVent, being a good steward of the environment is integral to how we operate. Our innovation, adaptability and continuous improvement approach allows us to help protect natural resources and provide value to our customers and the communities where we live and work.
Our Vision and Goals
People
A culture focused on inclusion, diversity, employee engagement, safety and integrity.
Products
Innovative solutions that deliver efficiency, safety and reduced resource consumption, creating a more sustainable future.
Planet
Responsible energy, waste and water management to help protect our natural resources.
2024 Sustainability Report Highlights
In our People pillar, we improved employee retention by two percentage points compared to 2023. We also achieved above global benchmark employee satisfaction + recommend score from our 2024 Pulse Surveys of all employees.
In our Products pillar, we reached 85% of products in our New Product Introduction funnel with a positive sustainability impact. We also removed single-use plastic packaging from 75% of new product launches starting Q3 2024, with plans to include new product launches by the end of 2025.
In our Planet pillar, we reduced normalized water consumption by 36% compared to our baseline year of 2019 through our water reduction and reuse effort. We also reduced normalized CO2e emissions by 47% compared to our baseline year of 2019 through energy efficiency improvements and renewable energy use.
In our Governance focus area, we trained 100% of our professional employees and 99% of all employees on our Code of Conduct. Also, 100% of our newly hired or promoted people leaders received Ethical Leadership Training.
Our 2025 People Goals
- Increase representation of women in management globally by 20%
- Increase representation of racially diverse U.S. professional employees by 25%
- Reach an employee safety total recordable incident rate of ≤0.50
Our 2025 Products Goals
- Reach >90% of products in our active New Product Introduction funnel with a positive impact in at least one of our three Products ESG categories by 2025
- Eliminate 100% of single-use plastics from all product packaging by 2030
Our 2030 Planet Goals
- Achieve 50% reduction in Scope 1 and Scope 2 greenhouse gas emissions
- Reach >25% renewable energy consumption
- Achieve a 25% reduction in water consumption
2024 SUSTAINABILITY REPORT
We are pleased to announce our 2024 report, detailing the progress we have made over the course of the last year. As we deliver differentiated and sustainable products for its customers, we are committed to being a steward of the environment and winning the right way. Through our environmental improvement efforts, focus on ethical business practices and commitment to inclusion, we are demonstrating the power of sustainability as we connect and protect the electrified world.
Sustainability Stories
Anoka Site Hosts Impactful Student Tours
At nVent, supporting our communities is part of our culture and values. Through our partnership with the Minnesota Lynx as an inaugural Changemakers partner, we recently hosted students from two non-profit organizations, Girls Taking Action (GTA) and Summit Academy OIC, at our Anoka, Minnesota, manufacturing facility.
Women’s History Month Sparks Celebrations Throughout the World
The mission of Global Women’s Network is to provide education, networking, development and business opportunities for women at all levels, creating a more inclusive and respectful work environment where employees feel respected, valued, engaged and fully committed to nVent’s success.