Adaptable bathroom and kitchen manufacturer, Pressalit, managed to maintain a steady bottom line and strong revenues in the UK in its last financial year, which saw it step up its social responsibility initiatives.
The company bagged sales of more than £400,000 in the year ended 31st December 2017, and repeated its 2016 operating profit of around £17,000, according to its latest financial report published on Companies House this week.
The newly-released financial figures coincide with the parent company’s annual Communication On Progress (COP) Report, which accounts for the Pressalit group’s contributions and efforts towards a more sustainable future.
The COP report is a description of how Pressalit has worked to embed the principles and claims to be a visible expression of the supplier’s commitment to a sustainable development.
During 2017 Pressalit identified opportunities for partnerships with NGOs and associations in which its employees can volunteer as part of their employment at the company.
It also launched a line of initiatives to support global goals, including World’s Best Morning, HOP-IN project, Children’s Day, World Toilet Day and Reducing food waste.
With a special focus on education, Pressalit brought on eight apprentices and 13 interns within 12 different fields of study. It also saved nearly 2,000kg of CO2 by recycling its food waste into biogas.
CEO Kim Boyter said that Pressalit continues to support and work with the principles to secure human rights, labour conditions, environmental protection and anti-corruption.
“As a production company, Pressalit aspires to create products with emphasis on quality and innovation. We attempt to do so with social responsibility in mind. For over 50 years, corporate social responsibility has been an integrated part of Pressalit. Since the origin of Pressalit, our production has been located in Ry [Denmark]. Therefore, our work with social responsibility started out with our work for a better local community.
“Our work with local instances, such as surrounding municipalities and educational institutions continues. Due to Pressalit being a production company, we are vulnerable to changes especially on the Danish labour market. Therefore, we work hard on educating skilled labour, as quality education is one of our main focus areas.
“As Pressalit has grown, so has our social responsibility. Therefore, we are not only concerned with improving conditions locally; we want to work globally as well.”