nVent Electric (NVT)

Overall impact
C (48)

Commentary

nVent Electric is an average overall performer. With a 'C' rating of 48.1 for overall impact (37th percentile compared to all companies), nVent Electric ranks 96th out of 170 industry peers, behind Sunbelt Solomon, Orbital Energy Group, Addvantage and 92 others, and ahead of AO Smith, Shenzhen Clou Electronics, Fagerhult and 71 others. On top material causes for nVent Electric's industry (Electronics), nVent Electric performs poorly in Technology Innovation (10.0 score), Conflict Free Mineral Production (37.8), Reduced Inequality (32.9) and 5 other causes where it received a 'D' or 'F' score. nVent Electric did not receive an 'A' rating on any cause.
Impact
Cause NVT
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Company
Founded
2017
Employees
12,000
Sector
Industrials
Industry
Machinery
Sub-industry
Industrial Machinery & Supplies & Components
SASB industry
Electrical & Electronic Equipment
Headquarters
United Kingdom
Share classes
NVT
Mission
We're an electrical company on the move, grounded in values that spark a more secure world.
Description
nVent Electric plc designs, manufactures, markets, installs, and services electrical connection and protection solutions in North America, Europe, the Middle East, Africa, the Asia Pacific, and internationally. It operates in two segments: Enclosures, and Electrical & Fastening Solutions. The Enclosures segment provides solutions to protect electronics, systems, and data in mission-critical applications, including data centers. The Electrical & Fastening Solutions segment offers solutions that connect power and data infrastructure. It also provides cable management, control buildings, cooling solutions both liquid and air, electrical connections, enclosures, equipment protection, power connections, and power management solutions, as well as tools and test instruments. The company markets its products through electrical distributors, retailers, contractors, and original equipment manufacturers under the nVent CADDY, ERICO, HOFFMAN, ILSCO, SCHROFF, and TRACHTE brand names. Its products are used for various applications, such as industrial, commercial and residential, infrastructure, and energy. The company was founded in 1903 and is based in London, the United Kingdom.
Material causes
Ethos considers the following causes material for nVent Electric, based on its industry sub-industry Industrial Machinery & Supplies & Components. Learn more about material causes in our methodology overview.

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