Sustainability Strategy for 2025

Our Path Into a More Sustainable Future

Since end of 2021, we have been working on sustainability issues with a cross-divisional team. The team consists of employees from a wide range of areas and is actively supported by the shareholders and the management. 

Our sustainability strategy for 2025 is a promise to ourselves, to our customers and to the public, to consequently behave in an ecological, economic and socially responsible manner. Therefore, our innovations are not only making our products and ways of working better and better, but also more and more sustainable.

Sustainability in Drive Technology

Find out more about our CSR strategy, our fields of action and our roadmap for the coming years in our new flyer.

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Our 5 Main Fields of Action

Governance and Processes

NORD's sustainability management plan was introduced in 2022. Important milestones included the successful introduction of a certified environmental management system in Germany, along with the publication of their first Sustainability Report. The challenges they faced in this field of action were establishing an international governance structure, and establishing reporting protocols for the 48 NORD subsidiaries. The success of other fields of action such as environment(energy/climate) depend on NORD's governance structure.

Governance Focal Points:

  • Starting in 2025, we'd like to create an international sustainability report that integrates key figures from all NORD subsidiaries, exchanging information with established Sustainability Officers on a regular basis.
  • Implementing environmental management standards at the 10 largest subsidiaries globally.

The NORD DRIVESYSTEMS Group with its almost 5,000 employees is internationally positioned. Our own companies for production, development, assembly, sales and service are available to our customers in 36 countries. We are planning our sustainability strategy for the entire NORD Group - because from our point of view, it should be possible to maintain a sustainability standard everywhere. Therefore, it is our goal to establish global processes and reporting structures (governance) in the NORD Group.

People

In the current labor market, there is a shortage of specialists and a struggle for young talent. Therefore, there is a need to develop comprehensive concepts and approaches to ensure NORD’s attractiveness as an employer worldwide.

People Focal Points:

  • We aim to ensure that by 2025 almost all employees in the NORD Group are fully informed about CSR activities and receive regular training.
  • We expect to introduce a digital learning management system by 2024 to offer all employees in the NORD Group the opportunity for individual further training.
  • Preparation of a diversity key figure that we will use to promote diversity in our workforce.

People

In the current labor market, there is a shortage of specialists and a struggle for young talent. Therefore, there is a need to develop comprehensive concepts and approaches to ensure NORD’s attractiveness as an employer worldwide.

People Focal Points:

  • We aim to ensure that by 2025 almost all employees in the NORD Group are fully informed about CSR activities and receive regular training.
  • We expect to introduce a digital learning management system by 2024 to offer all employees in the NORD Group the opportunity for individual further training.
  • Preparation of a diversity key figure that we will use to promote diversity in our workforce.

The NORD DRIVESYSTEMS Group has nearly 5,000 employees worldwide. In addition, there are many more people working along our supply chain. Inclusion, respect for human rights, strengthening our work culture, safety, and continuous knowledge transfer are just some of the topics we would like to advance.

Environment

As a mechanical engineering company, NORD has a significant influence on global resource consumption and greenhouse gas emissions. Both coordinating structured measures and documenting our commitments in a legally secure manner will aid in creating NORD's international environmental management approach.

Environment Focal Points:

  • Reducing the energy consumption used for operations, which will aid in the reduction of greenhouse gases throughout the entire NORD Group.
  • Increasing the use of renewable energies
  • Increasing the share of self-produced electric power
  • Increasing vehicle fleet efficiency
  • Reducing waste produced by all locations
  • Expanding biodiversity at our locations
  • Preventive protection of the environment against water-polluting substances
  • Developing an international climate strategy - the first strategy has been developed in Germany
  • Preparing a group-wide carbon footprint for Scope 1-2

The focus of our work is on environmental issues. It is of particular concern to us to work together with our colleagues from the different areas on the improvement of our environmental program.

Products

As a manufacturing company, our products are always at the heart of our sustainability efforts. The design, life cycle and applications of our products have an impact on our material efficiency, human rights and greenhouse gas emissions. These things also effect the People, Supply Chain, and Environment focal points.

Product Focal Points:

  • Integrating sustainability in the product development process
  • Increasing the sales quota of energy-efficient solutions
  • Calculating a product carbon footprint for a product series by 2025
  • Implementing a pilot project on the product carbon footprint for a selected product in this year
  • Increasing the sales of Post & Parcel products by >30% in 2025

At NORD, we are specialists in drive solutions for more than 100 industries. Drive solutions can be found in many areas of industry where they consume a significant proportion of the energy used. We aim to achieve a significant share in the reduction of energy consumption and carbon emissions with our highly efficient drive solutions (our products).

Supply Chain

Today, a structured approach to transparent and low-risk supply chain management is necessary to respond to the increasing pressure from legislators and customers. Taking this approach helps us reduce the complex social, ecological, and economical risks in our supply chain.

Supply Chain Focal Points:

  • The Supply Chain Act (LKSG) will become mandatory for the NORD DRIVESYSTEMS Group from 01/01/2024. We have decided to already apply the law as early as 01/01/2023. This means that we will certainly be compliant with the law from 2024.
  • Determining the greenhouse gas emissions of 80% of purchased parts by 2025
  • Advancing material compliance in the company with defined responsibilities
  • Constantly monitoring legal requirements, identifying risks and minimising them through efficient processes

My area of expertise is supply chain law and all related issues. I want to reassure our customers and all colleagues that our products are made with raw materials and components from sustainable production and that it goes without saying that our partners along the supply chain are also committed to human rights.