301 Materials

103 - Explanation of the material topic and its Boundary
The management approach and its components

The use of materials is an important topic within the organization, especially for our producing companies. It is also important outside the organization, as we work with to secure our products from hazardous substances and conflict minerals. It means that we have to start from the sourcing process to be able to fulfil our customers’ demands for product safety and legal compliance.

Minimizing use of materials and care for natural resources starts in our product development. Minimizing the use of materials in our products lowers not only costs for material and transportation, but also waste generation.
NIBE has increased its total use of material, but if we compare it with sales, the material intensity is lower than it used to be.

301-1 - Materials used by weight or volume

Metals such as iron, steel, copper and brass represent 73 (73) percent of our total inputs. Other inputs are stone, concrete, enamel, plastic, composite components and chemicals such as dye and glue.
In 2017, 16 496 (9 580) tons of packaging material were used, consisting of wood, board, plastic and steel.
Refrigerants used to fill our products amounted to 368,6 (139) tons. The increase in refrigerants
is due to newly acquired companies’ consumption and a slightly different reporting method.



301-2 - Recycled input materials used

Not reported.

301-3 - Reclaimed products and their packaging materials

Not reported.