ASSA ABLOY's Annual Report 2024 Highlights Sustainable Growth

Author: Addison Perry Updated: 03-17-2025 05:24 AM

ASSA ABLOY Unveils Annual Report for 2024

ASSA ABLOY, recognized as a leader in access solutions, has recently released its Annual Report for 2024. This comprehensive document showcases the company's commitment to innovation and sustainability while highlighting its achievements over the past year.

Year of Accomplishments

Reflecting on the year, Nico Delvaux, President & CEO of ASSA ABLOY, remarked on the significant milestones achieved. Despite navigating a challenging market environment, the company recorded outstanding earnings that aligned with its financial objectives. Moreover, ASSA ABLOY successfully met its Scope 1 & 2 carbon emission reduction targets, achieving this goal a full year ahead of the scheduled timeline.

A Celebration of Milestones

2024 also marked a notable celebration—the 30th anniversary of ASSA ABLOY. This occasion not only commended the company’s impressive journey but also reinforced its leading position within the global industry of access solutions. The company's ongoing focus on innovation positions it well for future successes, assuring continued leadership and influence in the sector.

Commitment to Sustainability

This year’s annual report includes the first Corporate Sustainability Report Directive (CSRD) from ASSA ABLOY, a proactive move made one year prior to mandatory compliance. This report delves into ASSA ABLOY's sustainability initiatives, showcasing significant outcomes achieved in 2024.

Improving Access Solutions

ASSA ABLOY's advancements in access solutions are designed to enhance safety and security for people globally. The company employs over 63,000 individuals and generates sales of SEK 150 billion. Its innovative products facilitate secure and convenient access to both physical and digital environments, reinforcing ASSA ABLOY's reputation as a trusted provider in the industry.

Contact Information

For additional insights or inquiries regarding the annual report, individuals may reach out to:
Björn Tibell, Investor Relations, tel. no: +46 70 275 67 68
Christiane Belfrage, Corporate Communications, +46 8 506 485 10.

About ASSA ABLOY

Founded with the mission of enhancing safety and facilitating more accessible environments, ASSA ABLOY continues to be at the forefront of the access solutions sector. By prioritizing innovation and sustainable practices, the company works diligently to serve its customers and embrace a world where security and openness coexist.

Frequently Asked Questions

What is ASSA ABLOY's primary business focus?

ASSA ABLOY specializes in access solutions, providing security and convenience for both physical and digital spaces.

When was ASSA ABLOY's Annual Report for 2024 published?

The Annual Report for 2024 was recently made public, detailing significant achievements and sustainability efforts.

What sustainability targets did ASSA ABLOY achieve?

In 2024, the company met its Scope 1 & 2 carbon emission reduction targets a year earlier than planned.

How many employees does ASSA ABLOY have?

ASSA ABLOY employs over 63,000 people worldwide, reflecting its expansive operations.

What milestone did ASSA ABLOY celebrate in 2024?

2024 marked the 30th anniversary of ASSA ABLOY, highlighting its ongoing journey and leadership in the industry.

About The Author

Hello, I'm 30-year-old financial writer and expert Addison Perry, and I love to simplify the intricacies of the financial industry. I've committed myself over the years to deciphering the subtleties of investing techniques and economic trends and converting them into doable guidance that anybody can use. My goal with writings and books is to make money interesting and approachable so that readers may take charge of their financial futures.

My enthusiasm to empowerment and education has propelled me through my career in finance. I write because I think that everyone should be able to make educated financial decisions, and I try to provide that. Regardless of experience level with investing, my work is intended to provide insightful analysis and practical advice to enable you to thrive in the always changing financial environment. I appreciate you traveling with me toward success and financial literacy.

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