Digital Commemorative Magazine - 7

From its beginnings in the city of Markaryd in the
southern province of Småland in Sweden nearly
70 years ago, the company has grown into a global
group with more than 17,000 employees and a
strong global presence. The company is driven by
a strong culture of entrepreneurship and a passion
for responsible business operation. Its success
factors are long-term investments in sustainable
product development and strategic acquisitions.
Combined, these factors have brought about
strong, targeted growth, which generated the
opportunity to have an impact on the world through
multiple industries.

Climate Change-The Greatest Challenge
of Our Age
One of the biggest challenges involved in achieving a global sustainable society is to reduce
emissions of greenhouse gases and slow down
the current rate of climate change. There is great
international awareness of climate change's eﬀects
on living conditions, biodiversity and social stability.
The Paris Agreement's goal is to reduce global
temperature rise this century to less than two
degrees Celsius (four degrees Fahrenheit) above

preindustrial levels (The Paris Agreement, 2015).
The company's products are focused on being a
contributing factor in accelerating the transition to
sustainable solutions and slowing climate change.
The company's vision is to create world-class
solutions in sustainable energy.
The company's mission is to oﬀer the market
high-quality, innovative, intelligent and energyeﬃcient products and system solutions.
The company is committed to environmental
stewardship through its three business areas:
1. Climate Solutions: Environmentally friendly,
intelligent and energy-eﬃcient products for
climate control and increased indoor climate
comfort and water heating. With the company's
products, the climate impact of properties is
dramatically reduced with no reduction in comfort.
2. Element: An industrial partner with customized components and intelligent solutions for
heating and control with a focus on sustainability. Most product groups enhance energy

Digital Commemorative Magazine

Table of Contents for the Digital Edition of Digital Commemorative Magazine