In 2022, ROCKWOOL Group’s activities created: 

  • Around 51 000 jobs locally at our facilities worldwide and with suppliers; 
  • EUR 3 907 million economic value globally; 
  • A net lifetime saving in energy costs of more than EUR 70 billion for customers in households and industry from ROCKWOOL’s insulation products sold in 2022. 

Measuring our socioeconomic impact 

  • In 2021, we worked with National Contact Point (NCP) Denmark that resulted in a report with recommendations on how ROCKWOOL Group could improve its risk-based due diligence and community engagement practices. The primary focus has been to strengthen our community engagement activities and implement new community engagement policies and procedures globally to enhance our environmental and social responsibilities. 
  • Since 2019, ROCKWOOL has followed our SDG impact metric and methodology, created in collaboration with Copenhagen Economics, to estimate ROCKWOOL’s global and local contribution to creating local jobs and economic growth [3]. Three types of impacts are included in the methodology: 
  1. Direct impact counts the impact from the number of people directly employed and the direct GDP contribution (wages, taxes and profits from ROCKWOOL); 
  1. Indirect impact pertains to the impact from companies supplying ROCKWOOL with goods and services; and, 
  1. Induced impact, which is the impact from purchases by the employees working for ROCKWOOL and their suppliers. 
Sustainability report 2022, SR22 , Infographics
Thanks to the technology knowledge needed and training provided, ROCKWOOL has created a pool of qualified employment options in our region. Since ROCKWOOL arrived, the city has even modernised its infrastructure with new roads and improvements to local schools.
Employee from Saint-Eloy-Les-Mines, Diamantino Pereira

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Michael Zarin, Vice President, Group Communications

Michael Zarin

Vice President, Group Communications, Denmark