VOLUTION GROUP PLC.
FAN.LSE | Manufacture of electric lighting equipment
Volution Group PLC is a leading international designer and manufacturer of energy-efficient ventilation solutions. The Group operates through three divisions: Ventilation UK, Ventilation Nordics, and Ventilation Australasia. It provides a range of ventilation products for residential and commercial ...Show More
Better Health for All
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Volution Group's core products, including energy-efficient ventilation systems and heat recovery units, are designed to enhance indoor air quality, reducing respiratory issues and promoting overall well-being.
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In 2024, 70.1% of the company's revenue was derived from low-carbon, energy-saving products, which are identified as health-positive solutions.
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The company's business activities do not involve products with significant negative health outcomes. Operations generate positive health externalities by combating humidity, pollutants, mold, and condensation, contributing to measurable community health improvements.
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The company's business model does not involve healthcare-related patents, food or nutritional products, addiction-potential products, or clinical trials.
Fair Money & Economic Opportunity
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The provided articles describe Volution Group PLC as a designer and manufacturer of energy-efficient ventilation solutions
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, focusing on ESG, sustainability reports
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, and carbon emissions
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. The articles do not contain any information related to financial services, lending, pricing, fees, financial literacy, or economic opportunity initiatives for underserved populations. Therefore, no KPIs under the 'Fair Money & Economic Opportunity' value can be scored based on the evidence provided.
Fair Pay & Worker Respect
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Volution Group plc reported a voluntary employee turnover rate of 6% in 2022.
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The company invested £1.5 million in employee training, and approximately 40% of its workforce holds relevant qualifications.
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The company also outlines measures against slavery within its supply chain, prohibiting forced labor and ensuring fair remuneration, with physical audits conducted in high-risk countries.
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Fair Trade & Ethical Sourcing
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Volution Group plc has a Supplier Code of Conduct that strictly prohibits forced and child labor within its supply chain.
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The company conducts regular desktop assessments and on-site audits, particularly for suppliers in countries identified with moderate to high modern slavery risks.
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Volution Group publishes an annual statement in accordance with the UK Modern Slavery Act 2015
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and provides modern slavery awareness training for supplier-facing personnel.
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No substantiated forced or child labor findings have been reported.
Honest & Fair Business
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Volution Group has a Whistleblowing Policy designed to provide a safe and confidential avenue for employees to report concerns.
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The company maintains a comprehensive, zero-tolerance Anti-Bribery & Corruption Policy that applies to all businesses, directors, employees, and agents within the Group, ensuring compliance with applicable laws and regulations in all countries of operation.
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Additionally, the company conducts physical supplier audits, particularly in countries with moderate to high risk of modern slavery, as part of its Modern Slavery Policy.
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Kind to Animals
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No specific, concrete evidence was found in the provided articles to assess Volution Group PLC against any of the Key Performance Indicators for the 'Kind to Animals' ethical value. The company's business model, focused on ventilation solutions, does not typically involve animal testing, animal-derived ingredients, animal agriculture, or direct wildlife conservation initiatives with measurable species or habitat outcomes. Information regarding general environmental sustainability, R&D investment in low-carbon products, or engagement in building/climate policy does not directly address the animal welfare criteria of the rubric.
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No War, No Weapons
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Volution Group PLC is explicitly stated as not involved in arms manufacturing, military contracts, or the military-industrial complex
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. This indicates zero revenue from such activities and a clear corporate stance against military sales. As a result, the company has no defense assets to divest and no exposure to any weapons, including controversial ones. Its operations demonstrate 100% compliance with this ethical red line against military engagement.
Planet-Friendly Business
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Volution Group plc has received Science Based Targets initiative (SBTi) approval for its near-term and net-zero targets, aiming to become a net-zero carbon business by 2040.
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The company complies with the Task Force on Climate-related Financial Disclosures (TCFD) recommendations.
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In FY2023, the proportion of recycled plastics used in manufacturing increased to 76.2%.
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The company reported a 3.9% reduction in absolute Scope 1 and 2 location-based emissions, totaling 3,628 tCO₂e, with carbon intensity decreasing by 9.8% to 11.1 tCO₂e per £m revenue.
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Revenue from low-carbon products reached 70.1% of total sales in FY2023.
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Heat recovery products sold in FY2023 are estimated to avoid 272,073 tCO₂e over their lifetime.
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Volution Group holds the London Stock Exchange’s Green Economy Mark.
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Respect for Cultures & Communities
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No evidence available to assess VOLUTION GROUP PLC on Respect for Cultures & Communities.
Safe & Smart Tech
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Volution Group plc states an emphasis on privacy and cybersecurity.
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However, detailed disclosures on cybersecurity investments, AI ethics, and privacy certifications are limited.
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Information regarding data privacy and cybersecurity measures in their smart ventilation products, including those acquired with VMI in April 2023, is minimal, indicating a lack of transparency in these areas.
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Zero Waste & Sustainable Products
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Volution Group's use of recycled plastics in its production facilities reached 83.9%, up from 78.1% in 2024.
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The company recycles 80% of its waste.
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Volution reported no waste disposal violations or reportable spills.
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