Purmo Group’s Sustainability Report for 2023 shows continued positive progress

08 April 2024

Purmo Group Plc | Investor news | April 08, 2024 at 14:00:00 EEST

Purmo Group, a leader in sustainable indoor climate comfort solutions, has published its third sustainability report. The 2023 report illustrates the Group’s strong ongoing commitment and actions towards to a lower carbon future for its value chain and the environment.

Building on the momentum created in 2022, Purmo Group’s strategy of Complete Care focuses on four areas: its production, its products, its employees and the communities it reaches. This focus, reflected in 10 commitments and measured in 24 transparent KPIs, puts sustainability on every strategic agenda including: production, product-design, emissions, material-sourcing, training and community engagement.

Highlights from the 2023 report include:

  • Submitting Science Based Targets for validation
  • Improvements in carbon intensity and Scope 1 and 2 Greenhouse Gas emissions across the business
  • First wave of replacing polystyrene packaging with sustainable alternatives
  • Baselining Scope 3 greenhouse gas emissions to identify the biggest levers in decarbonising
  • Agreeing to buy 20,000 tonnes of almost-zero carbon-embodied steel per year from 2026
  • Significant increases in customer awareness of progress in sustainability

“We have continued to make great progress in 2023, putting sustainability at the heart of our business, building strong foundations on which to accelerate our sustainability ambitions and work closer with our customers, suppliers and employees. There is much more to do but we are proud of what we have achieved and the opportunities ahead,” comments Sam Hodlin, Head of Sustainability, Safety and Wellbeing of Purmo Group.

The full report is available at https://investors.purmogroup.com/why-invest/sustainability/.

Further information:
Katariina Kataja, Head of Investor Relations, Purmo Group Plc
Tel. +358 40 527 1427
Justin Roux, Head of Global Communications, Purmo Group Plc
Tel. +44 771 742 2893

Distribution:
Principal media
investors.purmogroup.com

About Purmo Group:
Purmo Group is at the centre of the global sustainability journey by offering full solutions and sustainable ways of heating and cooling homes to mitigate global warming. We provide complete heating and cooling solutions to residential and non-residential buildings, including underfloor heating and cooling systems, a broad range of radiators, heat pumps, flow control and hydronic distribution systems, as well as smart products. Our mission is to be the global leader in sustainable indoor climate comfort solutions. Our approximately 3,190 employees operate in 23 countries, manufacturing and distributing top-quality products and solutions to our over 100,000 customers in more than 100 countries. Purmo Group’s shares are listed on Nasdaq Helsinki with the ticker symbol PURMO. More information: www.purmogroup.com.

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