Delivering the Difference
Offering engine cooling and air conditioning products for the international automotive aftermarket and customized cooling components, systems and modules to the renewable energy and industrial segments form the basis of our business.
Our product and service offer carries a trade mark of experience, know-how, innovation and flexibility that cements our commitment to Delivering the Difference to our customers across the world. Putting our customers first is what shapes our ambition of being the preferred supplier to leading wholesalers, buying groups and OEMs in the international automotive aftermarket as well as renewable energy and industrial segments.
Delivering the Difference is a reflection of our ability to combine a multitude of different strengths and capabilities in our company and merge them into a strong and attractive value proposition that meets the challenging and versatile expectations from our customers.
Our proven success in Delivering the Difference to our customers translates into our growing business, our global expansion and our increasing market share.
Our Business & Organizational Structures:
Delivering the Difference to our customers requires focus. As a result, our business is divided into two separate business units:
Nissens Automotive is a leading global manufacturer and system provider of engine cooling and climate products to the international aftermarket. With one of the most comprehensive product ranges in the market, we supply national distributers and wholesalers with high quality thermal solutions.
Nissens Cooling Solutions
Nissens Cooling Solutions is providing customized cooling components, systems and modules to the renewable energy segment, including the wind turbine industry and the solar segment, and the industrial segment covering the train, mining, defense, off-highway and power generation industries.
Mikkel Krogslund Andersen
Senior Vice President, CFO
Senior Vice President, COO
Rikke Kroer Høberg
Vice President, Global HR & Group Services
Klavs Thulstrup Pedersen
Senior Vice President, Automotive
Hans Erik Obling
Senior Vice President,
Nissens Cooling Solutions
Milestones in the History of Nissens
Nissens: Delivering the Difference on CSR
Delivering the Difference on Corporate Social Responsibility & Sustainability
As a supplier to challenging customers and markets within the automotive aftermarket, the industrial segment and the wind turbine industry, Nissens is doing business with customers, who are market leading and highly professional players and role models within each of their business segments. Their requirements for Nissens as a preferred supplier are to demonstrate and document that our business ethics and standards are compatible with the values that our customers live by.
In everything that we do, we focus on Delivering the Difference – both to our customers and to our employees. Out of respect of our customers and employees around the world, Nissens continues to build and strengthen our footprint within Corporate Social Responsibility and Sustainability.
We use our heritage, culture and behavior as a foundation for Delivering the Difference in our CSR commitments to the surrounding world. As an example, this is actively done by Nissens joining UN Global Compact in 2018, which is a testimony of our consent to comply with the ten UN Global Compact principles within Human Rights, Labor Rights, Environment and Anti-corruption. Our first COP Report will be published in June 2019.
Our position on Human Rights Protection
Companies in the Nissens group focus on the respect of the human rights protection of our employees.
Dignity & Respect
It is essential to us that fundamental values of dignity and respect of every individual characterize our socialization with one another. We condemn the use of any physical punishment, threats of violence, sexual or physical abuse, harassment or offensive behavior.
To enhance a strong working environment, we have formalized organizations, policies and activities carried out within the areas of occupational health and safety.
Occupational Health & Safety
To maintain our focus and to follow up on our occupational health and safety performance inside the organizations in the group, Nissens has defined various KPIs to measure and analyze important parameters linked to ensuring a healthy working environment for our employees.
Global Data Protection & Privacy Rights
Nissens complies with the applicable laws on the protection of personal data and makes efforts to secure the data privacy of our customers, employees and other stakeholders. We have taken a number of measures to ensure our data protection and privacy compliance through IT-supported, automated work processes across various functional areas and organizations.
Our position on Labor Rights
Companies in the Nissens’ group support the labor rights of our employees.
Freedom of association
Nissens respects the freedom of association and the right to collective bargaining of our employees. Through working committee fora, there is a direct, valuable and ongoing dialogue between management and employee representatives to secure compliance with labor rights as well as shared value in mutual participation in growing and developing both the company and its employees.
Code of Conduct
With our Code of Conduct, Nissens explicitly works on the basis of a ban on forced labor and on child labor.
Nissens’ Code of Conduct is available to all employees and included in Nissens’ Employee Handbooks in Europe, Asia and Americas. All managers on the top three tier levels in the management structure at Nissens offer their commitment to Nissens’ Code of Conduct through a mandatory signature reflecting their commitment to obeying to the applicable guidelines.
Nissens’ Code of Conduct is also distributed for information to all suppliers across Nissens Automotive and Nissens Cooling Solutions.
Nissens aims to secure a versatile diversity across its organizations and thus commits to eliminating discrimination in respect of employment and occupation, in relation to religion, gender, political observation or sexual orientation.
We have a diversity policy in place with the aim of working on behalf of increasing the diversity in top management positions, including putting a priority into integrating representatives from different genders into recruitment processes for management and top management positions.
Our position on Environment
Companies in the Nissens group work actively to respect the environment and our company’s possible impact on surrounding world.
As an evidence of Nissens’ commitment to respecting the environment, an ISO 14001 environmental certificate is held across our sites in Denmark, China and Slovakia. Yearly audits are carried out by an external, independent agency to verify compliance against the environmental management system. As an ISO 14001-certified company, we work with a number of KPIs and assess our performance on a monthly basis.
Training & Education: Environment & Energy
All blue-collar employees at Nissens are enrolled in our formalized Train the Train Concept to ensure proper onboarding as well as training and education in general and functionally specific competences.
Through our formalized training program, Nissens’ blue-collar employees are provided with guidelines on their expected behavior within environment and energy, and internal as well as external audits for follow-up are carried out regularly.
Sustainability & Product Solutions
Nissens assumes a responsibility for considering the environmental impact of the products that we are developing and supplying to the automotive aftermarket, the industrial segment and the wind turbine industry.
Our position on Anti-corruption
Companies in the Nissens’ group support the respect of our anti-corruption activities.
Code of Conduct
With our Code of Conduct in place, Nissens has explicitly outlined the prohibition against corruption and bribery.
Policy on Gifts & Hospitality
Nissens has defined and communicated a policy on gifts and hospitality to provide clear guidance on expectations for compliance to every Nissens employee around the world.
Nissens has a global whistleblower policy with the aim of securing every employee’s possibility for access to reporting of alleged or documented breaches of applicable laws and regulations as well as of Nissens’ Code of Conduct and other internal guidelines.
THE PRINCIPLES OF THE UN GLOBAL COMPACT
i) Human Rights
Principle 1: Businesses should support and respect the protection of internationally proclaimed human rights; and
Principle 2: Make sure that they are not complicit in human rights abuses
ii) Labor Rights
Principle 3: Businesses should uphold the freedom of association and the effective recognition of the right to collective bargaining
Principle 4: The elimination of all forms of forced and compulsory labor
Principle 5: The effective abolition of child labor
Principle 6: The elimination of discrimination in respect of employment and occupation
Principle 7: Businesses should support a precautionary approach to environmental challenges
Principle 8: Undertake initiatives to promote environmental responsibility
Principle 9: Encourage the development and diffusion of environmentally friendly technologies
Principle 10: Businesses shold work against corruption in all its forms, including extortion and bribery
Nissens: A certified Company
Nissens is certified according to the following standards within Quality, Environment and CSR:
- IATF 16949
- ISO 14001
- UN Global Compact
Our certifications are an evidence of our commitment to complying with the applicable standards and of our top management focus and involvement in securing a strategic priority of our work and efforts within the defined areas.
Charity & Sponsorships
Nissens is actively investing in the well-being of our surrounding communities and sporing a large variety of activities within charity, sports and fundraising to create development and to secure prevention and cure of poverty and disease.
AX V Nissens ApS EUR 130,000,000 Senior Secured Floating Rate Bonds due 29 June 2022 listed on Nasdaq Copenhagen
FISN AX V INV 1 Ho/5.00/ FRN 2022