Chairman and CEO statement

Grundfos’ history of corporate responsibility and sustainability dates back to its foundation in 1945. It covers a diversity of local and group initiatives. In order to strengthen our focus and increase the impact of our activities, we are gradually moving towards a clearer, more strategic and business integrated approach to responsibility and sustainability. We believe that sustainable thinking and financial growth can go hand in hand. However, we also need to take our own medicine.

At Grundfos we will continue our tradition of being a responsible member of society and it is our conviction that Grundfos can contribute most if we focus on doing what we are best at. We therefore constantly want to develop and manufacture new sustainable technology to help alleviate and adjust to the problems caused by climate change.Furthermore, we continue our efforts to reduce the energy consumption of pumps and thereby reducing the pressure on the environment.

In 2002, Grundfos joined the UN Global Compact. Together with our core values, its ten principles form the basis of our holistic approach to corporate sustainability and responsibility. Our commitment to the UN Global Compact has been further strengthened by our support of the Caring for Climate initiative, where we commit ourselves to set specific goals for reducing emissions. Furthermore, we contribute to the fulfilment of the UN Millennium Development Goals by providing access to safe water for more people in the developing countries through our sustainable water solutions.

An important element is to unite corporate responsibility and sustainability with a sincere involvement from all of us at Grundfos. We believe this is an important formula for how Grundfos can make a real difference to the sustainability agenda.

Group Chairman, Niels Due Jensen & Carsten Bjerg, Group President and CEO