Danfoss Joins Ellen MacArthur Foundation to Drive Circular Economy

Danfoss Joins The Ellen MacArthur Foundation Network

Danfoss, a global leader in engineering solutions, has recently become a member of the Ellen MacArthur Foundation Network.

This partnership aims to support the company’s journey towards a circular economy, a model that seeks to address critical issues such as climate change, biodiversity loss, waste, and pollution. By being part of this network, Danfoss joins other prominent organizations working towards a more sustainable future.

Danfoss Circularity Framework and Goals for 2030

Danfoss is developing a circularity framework to be implemented across all segments of the company. This framework follows the principles Rethink-Reduce-Recirculate and is based on three pillars: eliminate waste and pollution, circulate products and materials, and regenerate nature.

The company has set an ambitious goal that by 2030, over 80% of newly developed products will be covered by this approach, and circularity partnerships will be established with 80% of Danfoss’s top 25 customers.

Implementation of the Circularity Framework and Partnerships

In 2022, Danfoss refined its circularity framework based on the Rethink-Reduce-Recirculate principles and incorporated nine applicable circularity strategies for new product development across the company.

The framework assists in measuring circularity in the design of new products and identifies opportunities for improvement. Throughout the year, the framework and an assessment tool will be implemented in various projects within Danfoss’s commercial segments.

The company will continue to collaborate with universities and other organizations to validate and enhance its assessment tool and circularity framework.

The partnership with the Ellen MacArthur Foundation provides Danfoss access to a collaborative and learning network, which includes over 250 organizations such as major companies, policymakers, cities, academic institutions, and thought leaders.

Conclusion

Danfoss’s entry into the Ellen MacArthur Foundation Network is a significant step for the company in its pursuit of a circular economy and a more sustainable future.

Collaboration and knowledge exchange with other leading organizations, as well as the development and implementation of its circularity framework, position Danfoss to be a driving force in the transition to a low-carbon and circular economy.