ESG at nVent
At nVent, we believe that safer systems ensure
a more secure world.
The world’s infrastructure is becoming more electric, driven by technology and the need for more sustainable solutions. As our customers adapt—to the modernization of the power grid, rising demand for renewable energy, expansion of broadband and the shift to electric vehicles—we connect and protect them with inventive electrical solutions. With that at the core of our mission, we recognize our opportunity and responsibility as an engaged corporate citizen and are committed to continuously improving our environmental, social and governance (ESG) efforts.
Our work to advance progress and transparency around our ESG priorities is centered on three areas: People, Products and Planet. At nVent, we take action to advance our ESG vision every day through our employees, our operations and our communities. As the world electrifies around us, we believe our commitment to ESG and continuous improvement will contribute to a safer and more sustainable future.
A culture focused on inclusion, diversity,
employee engagement, safety and integrity
Highly differentiated solutions that create value for our customers and are good for the world
Our ESG Goals
ESG is an essential part of our business strategy and we are dedicated to continuously improving our efforts. In 2020, we made strides in our ESG journey by determining new goals to help us communicate our progress on important issues.
These goals strengthen our commitment to ESG. We are driving a culture focused on inclusion, diversity, employee engagement, safety and integrity. We are developing highly differentiated solutions that create value for our customers and are good for the world. We are operating with responsible energy, waste and water management practices to help protect natural resources.
Our 2025 People Goals
- Increase representation of women in management globally by 20%
- Increase representation of racially diverse U.S. professional employees by 25%
- Reach an employee safety total recordable incident rate of ≤0.50
Our 2021 Products Goals
- Establish New Product Introduction guidelines to help deliver socially responsible products and end-user solutions
- Develop baseline metrics and long-term goals
Our 2030 Planet Goals
- Achieve 25% reduction in Scope 1 and Scope 2 greenhouse gas emissions
- Reach 20% renewable energy consumption
2020 SOCIAL RESPONSIBILITY REPORT
ESG is an essential part of our business strategy and we are dedicated to continuously improving our efforts. Our 2020 Social Responsibility Report reflects the continued development of nVent’s enterprise-wide social responsibility strategy.Our 2021 report will be released this year.
Our ESG Stories
nVent Foundation Grant Will Help Rise Build More Individualized Employment Services
This year, the nVent Foundation recommitted to its ongoing support of Rise, a nonprofit organization dedicated to helping people with disabilities and other challenges find success in life.
A Gender Equal Workplace Shapes nVent’s Culture
Promoting a culture of inclusion has been a cornerstone of our strategy since the beginning and is woven throughout our organization.Promoting a culture of inclusion has been a cornerstone of our strategy since the beginning and is woven throughout our organization.