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About Grundfos Holding A/S

Annual production of more than 16 million pump units makes Grundfos one of the world’s leading pump manufacturers.

The company’s main products are circulator pumps for heating and air conditioning and other centrifugal pumps for industry, water supply, wastewater and dosing. Grundfos is currently the world’s largest manufacturer of circulator pumps, covering approximately 50 per cent of the world market.

The Grundfos Group is represented with more than 80 companies in more than 50 countries and has a turnover of almost DKK 30 billion. The company has more than 17,000 employees worldwide (2011 figures).

Grundfos was founded in 1945 by Poul Due Jensen and is primarily owned by the Poul Due Jensen Foundation. The objective of the Foundations to maintain and expand the economic basis for the continued growth of the Grundfos Group.

Grundfos has won numerous awards for its CSR efforts in climate, energy, innovation and social responsibility in the workplace.

Three good pieces of advice

  • Involvement of key personnel in the development of a Code of Conduct is essential for a sound result – dilemmas, cases and principles must be reconciled specifically for the business in question.
  • It is important to tap into existing communication channels and lines of command when a Code of Conduct is to be communicated effectively to company management.
  • A Code of Conduct should serve as a global framework and a set of general principles for local interpretation – that way you ensure solid anchoring in the company’s local companies.