Nibe Industrier (NIBE-B.ST)

Overall impact
A (83)

Commentary

Nibe Industrier is a leader for overall positive impact. With an 'A' rating of 83.2 for overall impact (96th percentile compared to all companies), Nibe Industrier ranks 6th out of 109 industry peers, behind Owens Corning, Rockwool, Geberit and 2 others, and ahead of Masco, Louisiana-Pacific, Aspen Aerogels and 100 others. On top material causes for Nibe Industrier's industry (Materials & Construction), Nibe Industrier performs well in Sanitation Access (95.9 score), Disaster Readiness and Effective Aid (95.7), Affordable, Safe Housing (95.8) and 8 other causes where it received an 'A' score and performs poorly in Racial Justice and Civil Rights (12.8 score).
Impact
Cause NIBE-B.ST
Peer rank
Overall impact

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Company
Founded
1949
Employees
20,500
Sector
Materials
Industry
Construction Materials
Sub-industry
Construction Materials
SASB industry
Construction Materials
Headquarters
Sweden
Share classes
NIBE-B.ST
NIABY
ADR
NDRBF
Description
NIBE Industrier AB (publ), together with its subsidiaries, develops, manufactures, markets, and sells energy-efficient solutions for indoor climate comfort, and components and solutions for intelligent heating and control in Nordic countries, rest of Europe, North America, and internationally. It operates through three business areas: NIBE Climate Solutions, NIBE Element, and NIBE Stoves. The NIBE Climate Solutions business area offers indoor climate comfort products, such as heat pumps, ventilation products and air conditioning, climate control systems, water heaters and accumulator tanks, district heating products, PV panels, domestic boilers, refrigeration systems, commercial washing machines, and tumble dryers for homes, apartment blocks, and commercial properties. The NIBE Element business area provides various components and solutions for heating and control, which include tubular, aluminum, foil, thick film, PTC, high-power, and ceramic elements, as well as open spirals and tapes, heating cables and jackets, vacuum brazing, heat pump technology, resistors, heat exchangers, temperature sensors, flexible hoses, and control equipment to domestic and household appliances; commercial products and professional kitchens; energy; transport; advanced technology; medicine; and aviation sectors, as well as industrial projects sectors. The NIBE Stoves business area offers free-standing, wood-burning, gas, and electric stoves; heat-retaining products; and chimney systems, as well as accessories. The company was founded in 1949 and is headquartered in Markaryd, Sweden.
Material causes
Ethos considers the following causes material for Nibe Industrier, based on its industry sub-industry Construction Materials. Learn more about material causes in our methodology overview.

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