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The Board approves the Sustainability Plan for 2026 and 2030, and the divestiture of Marine Technologies Business
12/14/2023 - 05.55 PM
The Sustainability Plan includes a comprehensive agenda of initiatives and quantitative objectives, articulated in four pillars that are based on solid governance and the Group’s values:
Green Innovation
100% of new products assessed with a product sustainability scorecard by 2025
>80% R&D spend with a positive impact on SDGs1 by 2026
4% reduction of noble metals used in catalytic coating2 by 2026
Climate Action and Circular Economy
50% reduction of Scope 1 and Scope 2 emissions and Scope 3 emissions intensity3 by 2030
5% recycled noble metals content in the Group’s products by 2030
>80% of deforestation-free wood packaging by 2030
Continuous people development, inclusion, and well-being
DE&I policy to be adopted by 2024
100% of production sites certified ISO 45001 by 2025
100% sites with a mental health hotline for mental health by 2026
Community Engagement, partnership, and sustainable supply chain
Human Rights policy to be adopted by 2024
>50% of suppliers4 evaluated on ESG performance by 2030
More than 40% of female students among the totality engaged in programs to support STEM career development by 2026.
1. Sustainable Development Goals by United Nations
2. Target related to 3 main product lines: Membrane, Pools and Electrochlorination, Alkaline Water Electrolysis (AWE)
3. Emission intensity: Total Scope 3 GHG emissions / Revenues in the reference fiscal year
4. Percentage related to annual procurement expense
De Nora
Industrie De Nora is an Italian multinational company listed on the Euronext Milan stock exchange, specializing in electrochemistry, a leader in sustainable technologies, and has a pivotal role in the industrial green hydrogen production chain. The Company has a portfolio of products and systems to optimize the energy efficiency of critical industrial electrochemical processes and a range of products and solutions for water treatment. Globally, Industrie De Nora is the world's largest supplier of activated electrodes (serving a broad portfolio of customers operating in the fields of chlorine and caustic soda production, components for electronics, and non-ferrous metal refining). Industrie De Nora is also among the world's leading suppliers of water filtration and disinfection technologies (for the industrial and municipal sectors) and the world's leading swimming pool disinfection components supplier. Leveraging its well-established electrochemical knowledge, proven manufacturing capability, and a supply chain established over the years, the Company has developed and qualified a portfolio of electrodes and components to produce hydrogen through the electrolysis of water, which is critical for the energy transition. In this sector, the company also holds 25.85% of thyssenkrupp nucera AG &Co. KGaA, a joint venture established with the thyssenkrupp group. Founded in 1923, Industrie De Nora generated total revenues of around EUR 856 million and an Adjusted EBITDA of approx. EUR 171 million in 2023. The Company's growth process has developed organically through continued penetration of new markets and applications and through acquisitions in the U.S., Asia, and Europe. De Nora’s continuous innovation drives its growth, represented by its evolving intellectual property portfolio, which currently includes more than 280 patent families with more than 2,800 territorial extensions. The De Nora family controls the Group, which owns 53.3% of the Company’s share capital. Snam S.p.A. is a minority shareholder with about 21.6% of the capital.
Investor Relations
Chiara Locati
+39 02 2129 2124
ir@denora.com
Media Relations
Barabino & Partners
Office: +39 02 72.02.35.35
Sabrina Ragone – s.ragone@barabino.it +39 338 25 19 534
Elena Magni – e.magni@barabino.it + 39 348 478 7490
Via Leonardo Bistolfi, 35
20134 Milan Italy
+39 02 21291
industriedenora@denora.com
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