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Ekornes QM – ESG risk research and ESG rating
We at sustainAX have ESG risk researched and ESG risk rated Ekornes QM and our clients can access the reseach on their Bloomberg terminals.
Ekornes QM is in the materiality based sector of CONSUMER DURABLES, LUXURY AND LEISURE.
Our ESG risk research of Ekornes QM
Our approach to ESG research is fundamental, that means that we have studied all relevant publications by Ekornes QM and combined this with fundamental understanding of ESG challenges and risks of different activities and for the CONSUMER DURABLES, LUXURY AND LEISURE sector. This makes us well placed to estimate the ESG risks of Ekornes QM. We have published a 33 pages ESG research report on Ekornes QM with a conclusion highlighting the most important residual risks, a section suggesting how it should be integrated in investment decisions and a list of all the questions we think should be asked to Ekornes QM.
More about our ESG risk research here: https://www.sustainax.com/index.php/esg-research/
AGGREGATED ESG RISK RATING* for Ekornes QM:
40-60 of 100
Middle risk
Where 100 is the lowest ESG risk and 0 is the highest risk.
*The ESG, E, S and G risk rating ranges indicate to what degree Ekornes QM has addressed and mitigated their material ESG risks according to the sustainAX materiality matrix. sustainAX’ clients have access to the exact ESG risk rating.
**The weight in the aggregated ESG rating
Environmental RISK RATING* and WEIGHT** for Ekornes QM:
20-40 of 100 – High risk
31%
Social RISK RATING* and WEIGHT** for Ekornes QM:
40-60 of 100 – Middle risk
37%
Governance RISK RATING* and WEIGHT** for Ekornes QM:
40-60 of 100 – Middle risk
32%
About the company:
Ekornes is the largest furniture maker in the Nordics with head office in Sykkylven on the west coast of Norway. Ekornes has always focused on producing high quality products, with long lasting comfort and a good secondhand value. The Group has a circular perspective on product design, which means sourcing certified raw materials, designing the furniture with a focus on end-of-life separability, as well as recycling and reusing byproducts from the production processes. Environmental Product Declarations (EPDs) are key tools in managing the environmental impact through the products lifespan. Ekornes strategy is to continue to build on its strong market brands to generate continued and profitable growth. The Group continues to focus highly on innovation and is continuously developing new products and concepts. Ekornes has historically enjoyed strong market positions in the Nordics, Europe and North America, and is in the process of developing stronger market positions in the Asia Pacific region.
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