introduction 3 Contents The progress report is divided into four means of change through which we target sustainability: Sustainability is our business 10-17 Water is our passion 18-25 Sustainability is not a department or a report. To us, it is a mindset, a way to do business. We push the boundaries of possibility in energy efficiency and water conservation. This way we reach our goal of bringing value to the world, to our clients, to our business, and to our employees. Product leader in pump solutions 13 Production 14 Environmental footprint 14 Water is the foundation of our business and of our lives. Every day, we bring our expertise on water to our business and to our global commitments. The world is facing a global water crisis and our commitment is to be part of the solution. Continuous innovation is the solution 19 Grundfos Lifelink: Growing business with a social purpose 21 Water2Life: A journey across continents 23 Partnership for water 24 Social responsibility is our commitment 26-31 Ethics and integrity are our foundation 32-35 Grundfos has a strong tradition of social responsibility with one simple aim: To make a positive difference. From pursuing a diverse workforce in terms of gender, age and ethnicity to including people with reduced work capacity, we strive to go the extra mile. Diversity 28 People with reduced work capacity 29 Employees on long-term sick leave 30 Employee satisfaction 30 Nearly 75 years ago, our founder Poul Due Jensen said that our aim is to leave a world to the next generation in a better state than we inherited it. From that vision, he built a company based on integrity, principles, and individual and corporate responsibility. Code of Conduct 33 Human rights 34 Anti-corruption 35
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