Kempower recognized by Carnegie for its industry-leading sustainability efforts

• Kempower has won a 2023 Carnegie Sustainability Award for its sustainability and climate mitigation contributions.
• Kempower is aligned with the EU’s Taxonomy Regulation 2020/852 criteria, confirming that 100% of its activities substantially contribute to climate change mitigation.
• Kempower also has an Employer Net Promoter Score (eNPS) of 80, suggesting very high employee satisfaction and loyalty within the business.

Rapid EV charging technology provider Kempower has been named ‘Best Newcomer’ in this year’s Carnegie’s Sustainability Awards. The award recognizes the company’s commitment to ensuring all its activities substantially contribute to climate change mitigation.

The Carnegie Sustainability Awards were established in 2019 to highlight examples of sustainable businesses to inspire other companies to decarbonize and capture investor interest. The winners of the three categories are chosen from among 420 listed companies representing approximately 95% of the stock market value in the Nordics.

Carnegie has recognized Kempower for its commitment to enabling and facilitating the charging of EVs, which contributes to climate change mitigation. The company’s Handprint impact, which measures the reduction of emissions from vehicles using Kempower charging stations compared to the carbon footprint of its operations and supply chain, has found that Kempower’s business activities have a significant net positive effect on the environment.

The sustainability of Kempower’s activities is further qualified by its alignment with the EU’s Taxonomy Regulation 2020/852 criteria, confirming that 100% of its activities substantially contribute to climate change mitigation. The Carnegie award also recognizes the company’s dedication to decarbonizing its own operations, with Kempower committing to carbon neutrality by 2035 and reducing landfill waste to zero in 2025.

Beyond environmental considerations, the award also recognizes Kempower’s sustainable employee culture. The company scores an Employer Net Promoter Score (eNPS) of 80, suggesting very high employee satisfaction and loyalty within the organization.

Commenting on receiving the Carnegie award, Tomi Ristimäki, CEO of Kempower, said: 

“Kempower was born sustainable. We are driving a green transition to electric transportation, creating a cleaner and more quiet environment for us all. Because sustainability is at the core of our business, I am delighted that Carnegie has rewarded our efforts and commitment. For me and all my colleagues, using our experience and understanding of DC charging systems to benefit the climate is a natural choice.”

Lena Österberg, Head of Sustainability Strategy and Advisory at Carnegie, added:

“Companies with ESG integrated into their business models and ambitious sustainability targets continue to capture investor interest. Several new regulations aiming for market transparency will impact investor decisions even more in the future and make companies like Kempower attractive investments.”

 

“Kempower is a good example of a company that is not only successful in integrating sustainability in its business model but has also shown a high ambition to make a positive impact and reduce its environmental footprint,” Österberg continues.

 

The winners for 2023:
Large cap: Novo Nordisk
Small cap: AF Gruppen
Best newcomer: Kempower

Kempower, media:
Paula Savonen, VP, Communications, Kempower
paula.savonen@kempower.com
+358 400 343 851

Carnegie, media:
Emelie Friberg, Head of Communications, Carnegie
emelie.friberg@carnegie.se
Phone: + 46 734 17 9229

 

 

About the award:

Carnegie established the Carnegie Sustainability Award in 2019. The winners in three categories are chosen from among the ~420 listed companies covered by Carnegie Research, representing approximately 95% of the stock market value in the Nordics, and the purpose is to highlight good examples of sustainable companies and to inspire others. The award is presented at the Carnegie Sustainability Seminar, on 24 May 2023 in Copenhagen.

 

Kempower in brief

We design and manufacture reliable and user-friendly DC fast-charging solutions for electric vehicles. Our vision is to create the world’s most desired EV charging solutions for everyone, everywhere. Our product development and production are based in Finland, with the majority of our materials and components sourced locally. We focus on all areas of e-mobility, from electric cars, trucks, and buses to machines and marine. Our modular and scalable charging system and world-class software are designed by EV drivers for EV drivers, enabling the best user experience for our customers around the world. Kempower is listed in the Nasdaq First North Growth Market Finland.

www.kempower.com