thyssenkrupp nucera has joined the United Nations Global Compact, the world’s largest corporate sustainability initiative to drive business awareness and action supporting of achieving the Sustainable Development Goals by 2030. With this step, thyssenkrupp nucera commits to actively supporting the UNGC Ten Principles of human and labor rights, environmental protection and the fight against corruption by submitting the annual Communication on Progress that describes the company’s efforts to implement the Ten Principles of the UNGC.
“Coming from a traditional chemical plant engineering business, we are now in the pole position with first mega-projects on the way to decarbonize traditional industries,” says Denis Krude, CEO of thyssenkrupp nucera. “We also want to take on responsibility outside our business context. Joining the UNGC signatories is our first important step in alignment with our values to meet fundamental responsibilities because we all need to act upon a universal understanding of sustainability, science-based targets and standardized frameworks.”
Sustainability is of critical importance to thyssenkrupp nucera, with a vision to support customers in their decarbonization goals through the engineering, procurement, and fabrication of green hydrogen solutions. The company is focused on contributing to the SDGs where it believes to have a noticeable impact, in particular in the areas of: affordable and clean energy (SDG 7), decent work and economic growth (SDG 8), industry, innovation and infrastructure (SDG 9), sustainable cities and communities (SDG 11), and partnerships (SDG 17). On the way to implementing strategic targets towards its own climate neutrality, the company develops and undertakes holistic sustainability activities focused on reducing emissions produced throughout the entire lifecycle of its products, from development and production to recycling. Additionally, thyssenkrupp nucera has committed to calculating and reporting their own greenhouse gas emissions, ensuring employee health and safety in their operations, utilizing responsible procurement practices across the entire supplier network and enforcing strong governance standards, including diversity, transparency and accountability.
With embedding sustainability data collection, reporting methods and performance measurements in its business processes, thyssenkrupp nucera’s sustainability roadmap will bridge the company’s already existing world-class decarbonization technology with a sustainable business setup.