Sustainability strategy

Sustainability is a core element in implementing Orthex’s growth strategy and key priorities as we strive to be the number one brand in storage products in Europe and strengthen our position as a leading houseware company in the Nordics. Sustainability is a key factor in all our decision making and a significant driver of our development and investment agenda.

At Orthex, we have identified priority sustainability topics under the areas Environmental, Social and Governance (ESG). The topics are based on the materiality assessment that was conducted in 2022. For each topic we have defined key performance indicators (KPIs) and set targets. 

Orthex’s sustainability strategy follows the ESG structure, and it is confirmed annually for a three-year period. In the 2024 sustainability strategy review, no major changes were identified.

Environmental

We focus on continuously minimising our impact on the environment and climate, and our key target is aiming towards carbon neutral production by 2030. Our key environmental topics are environmentally sustainable choices, resource efficiency, and responsible production and consumption. 

Social 

Caring for our people, product safety, and customer satisfaction are the key elements of our social responsibility. Orthex promotes a zero-accident vision and culture, and we measure our performance with Lost-Time Injury Frequency (LTIF) rate. 

Governance

Orthex’s way of conducting business goes beyond compliance with applicable laws and regulations - high ethical standards and integrity are present in all our activities. Our Code of Conduct and Supplier Code of Conduct define the key principles for how we engage in business. 

Orthex’s sustainability strategy, relevant sustainability topics and set indicators, targets, and results achieved in 2024 are illustrated below.

Key performance indicators (KPIs) and targets