Eltronic Group releases third sustainability report

The technology company Eltronic Group is releasing its third sustainability report. Based on action, greater data, and formalized processes, the company aims to ensure greater sustainable development across the entire group.

Eltronic Group’s sustainability report for the financial year 2022/2023 includes all the Eltronic Group subsidiaries and uncovers relevant aspects of the group’s efforts in terms of governance, environmental, and social matters which are to ensure sustainable development.

“In the fiscal year 2022-2023, we significantly invested in digitalization, acknowledging that data is a key driver in shaping a sustainable future. I am also pleased that we have increased the representation of women on the Board of Directors by 13.2 %. Crucially, in the past year, we have once again invested resources in developing sustainable technologies, minimizing environmental impact, and enhancing our customers’ competitiveness”, says Eltronic Group CEO – Lars Jensen.

Sustainable development is prioritized at the core of Eltronic Group’s business strategy. The responsibility is taken seriously, with the recognition that a significant impact is exerted by the eight companies within the group. The focus the group’s activities lies in the creation of solutions that positively affect society, contributing to the green transition by mitigating climate impact and reducing resource consumption.

Strengthening the dedication to sustainable development

In line with Eltronic Group’s strategy, crucial investments have been made in the establishment of an ESG data platform. This not only enhances operational efficiency but also enables the company to make informed decisions that align with its environmental and social goals.

Turning to environmental efforts, Eltronic Group has taken strides in fostering the green transition. An agreement has been secured to ensure that all electricity consumed at its Danish locations is sourced from 100% renewable energy. Furthermore, the company actively engages in wanting to reduce emissions in line with the scientific consensus on climate change, as companies within the Group have enrolled in the Science Based Targets program.

In the past year, Eltronic Group has also marked an important achievement, with the introduction of target-based social metrics within the Group. This strategic approach not only provides clear benchmarks for social impact initiatives but also sets the stage for informed decision-making and continuous improvement.

“Our employees are pivotal to our success, and we prioritize creating a safe and attractive workplace. At the same time, I am delighted to see an increased focus on diversity, equity, and inclusion, fostering an inclusive culture for sustained growth”, Lars Jensen states.

Looking forward and staying ambitious
As a forward-thinking organization, Eltronic Group continues to set clear and ambitious sustainable goals. The company has formed a roadmap that serves as a testament to its dedication to environmental responsibility, setting the stage for a future where its business practices align seamlessly with the principles of sustainability.

Read the full report here