Joining the UN Global Compact

In 2024, Eltwin embarked on the journey to become a participant of the United Nations Global Compact, a commitment that was officially realized in February 2025. As a subsidiary of NIBE Industrier AB, this milestone marks a significant step in our continuous pursuit of sustainable and responsible business practices. While NIBE has been a participant of the UN Global Compact since 2014, we have been an "indirect" participant through our affiliation. Now, as we officially join the initiative, we are eager to contribute more actively and take part in the UN Global Compact Network Denmark.

By joining the UN Global Compact, we align ourselves with a global initiative dedicated to upholding ten universal principles in the areas of human rights, labor, environment, and anti-corruption. This membership provides us with valuable resources, guidance, and networking opportunities that will enhance our sustainability strategies and drive our positive impact on society and the environment. “Joining the UN Global Compact is a natural step for Eltwin Group, as sustainability and responsible business practices are at the core of our values”, says CEO Jens Ebbesen.

A commitment to action and continuous improvement

Becoming a participant is not merely a symbolic gesture, it is a commitment to action. Throughout 2025 and beyond, we will engage with the opportunities and responsibilities that come with this affiliation. The ten principles of the UN Global Compact are closely aligned with Eltwin’s existing efforts within sustainability and ESG. However, this membership will serve as a driver for further improvement, enhancing our expertise and placing additional focus on our sustainability initiatives.

As part of our commitment, we recognize the importance of accountability and transparency. While we do not submit our own Communication on Progress (CoP), we contribute relevant sustainability data to our parent company, NIBE Industrier AB, which includes our progress in their annual reporting. This ensures that our efforts are documented and publicly shared as part of a larger sustainability strategy.

Fostering growth and learning through collaboration

Our participation also grants us access to a global network of businesses and organizations striving towards a more sustainable future. Through collaboration and knowledge-sharing, we aim to strengthen our capabilities and contribute to meaningful, scalable solutions that address global challenges.

At Eltwin, we are dedicated to making the most of this opportunity. We recognize that sustainability is a continuous journey, and we are committed to evolving, learning, and improving. Joining the UN Global Compact is an important step forward, and we look ahead with ambition, ready to embrace this new chapter in our sustainability efforts.

Learn more about the UN Global Compact and the ten principles here: The Ten Principles | UN Global Compact External link.