Hultafors Group releases 2023 Sustainability Report

Hultafors Group’s Sustainability Report for 2023 is now published, available to read and download on our website. CEO Martin Knobloch summarizes the group progress and the advancements in sustainability made by our brands throughout the past year.

Hultafors Group's sustainability journey is characterized by a steadfast dedication to integrate sustainable practices into the core of our business. Our ambition is to continuously advance our sustainability agenda by creating measurable results across the whole group.

Commitment to SBTi and joining the United Nations Global Compact

An important cornerstone of our sustainability strategy is our commitment to the Science Based Targets initiative (SBTi), that we initiated by signing the SBTi commitment letter in autumn of 2023. With this step we will set ambitious climate targets that are scientifically aligned and will actively contribute to limiting global warming. This commitment underscores our proactive approach to environmental stewardship and our responsibility towards future generations. Another important milestone was our commitment to the United Nations Global Compact, reinforcing our alignment with global sustainability standards. Our membership in this initiative demonstrates our intent to operate responsibly and support the Global Goals for Sustainable Development.

A collaborative approach to sustainability

As a group with a strong growth momentum in a delegated mandate structure, it is key for us that each brand has its own sustainability strategy and drives this agenda forward with high momentum while we need to ensure effective coordination of our sustainability efforts across our brands.

To support this, we have established a dedicated role to oversee our sustainability objectives, ensuring that our initiatives are well-aligned and impactful. We are pleased to welcome Kristina Altner, who has joined us in this role as Group Sustainability Manager.

Looking ahead

As we move forward, each brand within our group is driven by the vision of embedding sustainability in all aspects of our business. Our goal is to lead by example in responsible business practices, positively contributing to and improving how the world works. We are grateful for the support of our stakeholders and look forward to continuing this vital journey together.


Read the full Hultafors Group sustainability report for 2022 here.