Our innovation positions us to meet new challenges
The regulatory response and increasing awareness of air quality, continue to drive market opportunities.
In 2021 we have made further acquisitions of businesses specialising in energy recovery providing us with a wider product portfolio and a wider understanding of key technologies in our space.
With the addition of ClimaRad we have added to our decentralised heat recovery portfolio. The inVENTer system has previously been rolled out into the UK and the Nordics through our existing brands and channels and we are confident that with the addition of the new products we will continue to grow the category for the Group.
With the importance that retrofit has for Europe particularly and its ambitions contained in Fit for 55, decentralised solutions will continue to grow.
“In 2021 62.1% of our sales were from low‑carbon products.”
As our Group grows, our understanding of differing legislative approaches across our geographies grows with it. This enables us to share understanding and provide greater insights that we can take to our trade associations within our local geographies. This continues our strong history of influencing markets and product categories.
In 2021 we have been proud of how our team has reacted to support our ambition to decarbonise and reduce waste from our operations and product range. See more detail on some of the initiatives led by our employees on pages 38 and 39.
Innovation through our product portfolio is not just about how our products perform, but also how they are made and how they are disposed of at the end of their life. Our procurement, product management and new product development teams continue to work to incorporate more sustainable materials, higher efficiencies and energy saving controls into our products. In 2021 61.2% of our sales were from low-carbon products and we are proud that we were awarded the Green Economy Mark during the year
The new ClimaRad Ventura V1C: The all-in-one solution providing heat recovery ventilation with heating and cooling