Last week, we released our 2024 Sustainability Report. We continue to make consistent strides towards our sustainability goals and continuous improvement efforts. We focus our sustainability efforts in three areas: People, Products and Planet. We are proud to have made meaningful progress across these pillars. There are several highlights that you will learn about in the report.
In our People section, we achieved above global benchmark employee satisfaction + recommend score from our 2024 Pulse Surveys of all employees. We improved our employee retention by two percentage points compared to 2023.
In our Products section, 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.
At nVent, we are committed to sustainability and continuous improvement. We are becoming a more focused electrical company and expanding the products and solutions we offer to our customers. We are building a more sustainable and electrified world.
