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Commitments and ratings

External commitments and ratings are essential in Systemair’s continuous work to be a responsible and sustainable business.

An impartial and outside-in perspective provides important insights on our performance and how to further improve.

Below are some examples of external commitments and ratings.

Systemair supports the UN Global Compact

Systemair is committed to, and actively promotes and respects, the 10 principles on human rights, labor, environment and anti-corruption.

Systemair reports in line with the Global Reporting Initiative (GRI)

Systemair’s sustainability report follows the GRI 2021 standards. A complete GRI content index can be found in our annual and sustainability report.

Systemair has an AA-rating from MSCI

In 2024, Systemair received a rating of AA (on a scale of AAA-CCC) in the MSCI ESG Ratings assessment.*

Systemair has a low risk rating from Sustainalytics

In March 2024, Systemair received an ESG Risk Rating of 18.6 and was assessed by Morningstar Sustainalytics to be at low risk of experiencing material financial impacts from ESG factors.**

Systemair commits to setting science-based targets

Systemair takes another step to mitigate climate change and reduce greenhouse gas emissions, both from its own operations and throughout the value chain.

Systemair has over the past years actively worked with reducing emissions from its own operations (Scopes 1 & 2).

Now we are expanding the work to better understand emissions outside our own operations in the value chain (scope 3), to set science-based targets in both the short term (around 2030) and long term (so called net-zero targets).

Systemair achieves Silver medal from EcoVadis

In Systemair’s latest rating a Silver medal was achieved, which places Systemair among the top 25 percent of all companies assessed by EcoVadis.

EcoVadis is a standard for business sustainability ratings. The EcoVadis assessment evaluates criteria across four core themes: Environment, Labor & Human Rights, Ethics and Sustainable Procurement. More than 85,000 companies globally have been rated by EcoVadis.

Systemair has been certified as a Nasdaq ESG Transparency Partner

This certification signals an engagement in market transparency and in raising environmental standards.

*The use by Systemair of any MSCI ESG Research LLC or its affiliates (“MSCI”) data, and the use of MSCI logos, trademarks, service marks or index names herein, do not constitute a sponsorship, endorsement, recommendation, or promotion of Systemair by MSCI. MSCI services and data are the property of MSCI or its information providers, and are provided ‘as-is’ and without warranty. MSCI names and logos are trademarks or service marks of MSCI.

**In no event the rating shall be construed as investment advice or expert opinion as defined by the applicable legislation. Copyright ©2024 Sustainalytics, a Morningstar company. All rights reserved. This includes information and data provided by Sustainalytics and/or its content providers. Information provided by Sustainalytics is not directed to or intended for use ordistribution to India-based clients or users and its distribution to Indian resident individuals or entities is notpermitted. Morningstar/Sustainalytics accepts no responsibility or liability whatsoever for the actions of third parties in this respect. Use of such data is subject to conditions available at https://www.sustainalytics.com/legal-disclaimers