Axkid awarded “excellence” rating in ESG Transparency Award
Axkid has received and “excellence” rating in the ESG transparency award with a score of 87.04 percent. This recognition places us among the leading companies in our industry for transparent and structured sustainability reporting. This is important for us at Axkid, as we believe that transparency is the key to achieving meaningful change not only in our company but in the business. To us, transparency means sharing not only our achievements, but also the challenges we are facing.
What is the ESG transparency award?
The ESG transparency award was established by EUPD research to evaluate how companies disclose environmental, social and governance information. The assessment covers five clusters: transparency, environment, social, governance and regulatory landscape. Unlike awards that focus only on environmental metrics, this recognition emphasizes traceability, structure and accountability in reporting. It highlights organizations that share both achievements and areas for improvement.
How was Axkid evaluated?
Our sustainability report was reviewed using the ESG transparency evaluation standard. This process combines AI supported analysis, expert review and benchmarking against industry peers. Axkid achieved excellence level with a score of 87,04 percent. This reflects strong alignment with international guidelines and clear disclosure of progress and challenges. Learn more here.
Key practices that made the difference
Several actions contributed to our high rating:
Conducting life cycle assessments to measure and reduce product emissions.
While overall emissions have grown with sales, emissions intensity is declining, meaning that we emit less CO2 per produced product over the years.
Transitioning to recycled textiles and removing unnecessary electronics from products. 26 percent of materials used in our products are recycled, and recycled textiles are now standard in several product lines.
Installing solar panels at our China site to move toward renewable energy. This will cover annual electricity use starting in 2025. We also encourage suppliers to invest in renewable energy.
Launching a sustainability hub for employee training and engagement.
Our internal code of conduct and supplier code of conduct ensure respect for human rights, fair remuneration and safe working conditions. Regular audits and supplier surveys support continuous improvement.
We also contribute to community initiatives through internships, circular economy research and partnerships such as donations to the Swedish breast cancer association. Our child and safety conference brings together global experts to advance child traffic safety standards.
Reporting achievements and challenges openly, including restatements for improved accuracy.
Looking ahead, we aim to follow the Paris agreement level of emissions and although this is challenging in a growing company, we are committed to long-term goals of emission reduction. This ambition is supported by investments in renewable energy, supply chain decarbonization and circular business models.
“We extend our sincere congratulations to Axkid AB for achieving the Leading status at the ESG Transparency Award 2025, recognizing their exceptional dedication to transparent communication. We are particularly impressed by their commitment to building a circular business model and their tangible climate efforts, including the implementation of recycled textiles across many products and the pursuit of operational climate neutrality.”
Steffen Klink, Chief Operating Officer at EUPD Group
Earning an excellence rating and a score of 87 percent in the ESG transparency award is an important milestone. It confirms that our reporting meets high transparency standards and supports our long-term sustainability strategy.
Read our sustainability report at https://axkid.com/sustainability/axkid-sustainability-report-2024/ There you can find all the data that is referenced in this post.
