DANFOSS A/S, a global manufacturer of sustainable, energy-efficient, smart technologies and solutions, and Beijer Ref AB, a world-leading wholesaler of cooling and HVAC technologies, have renewed their longstanding partnership agreement, the companies announced in mid-September.
Under the new 3-year agreement, the partnership will, for the first time, include an ambitious project plan to deliver upon the circular economy through piloting the circularity of products in all stages of the value chain.
With the renewal of the partnership contract and intensified focus on jointly developing new circularity practices as part of the partnership between Danfoss and Beijer Ref, the two companies are taking an important step in embarking on a circular economy transformation.
Furthermore, both companies share ambitious ESG (environment, social, governance) and sustainability targets, creating long-term value for their customers and the environment.
“Manufacturers and wholesalers must drive the circular economy transition. We look forward to working with a key partner as Beijer Ref to jointly accelerate and develop efficient strategies and actions to achieve product circularity, striving for high material recirculation, high utilisation, and high endurance in products and service offerings,” comments president of Danfoss Climate Solutions, Jürgen Fischer.
Beijer Ref, CEO, Christopher Norbye, adds: “We are very pleased with the renewal of our partnership, and together with Danfoss, we look forward to implementing this
new and ambitious sustainability plan. In the last decade, the European Commission has established several policies to encourage circularity, and it is of great importance that we continue to support this sustainable transformation.”