Read our Sustainability Strategy
MEKO's sustainability strategy is part of the business strategy and concretizes why, how and what we do within our business to contribute to a more sustainable world.
Sustainability
A circular business model
To enable mobility today, tomorrow and in the future is to let people move freely - over time. Our business is based on taking care of what we have and to give it a longer life. By doing so, we can contribute to the sustainable transformation society is undertaking and there are things that can be done to reduce consumption in every area – including the car life.
MEKO's sustainability rating upgraded to the highest level - AAA
November 2024
For the first time, MEKO has been awarded the highest sustainability rating, AAA, by the leading international ratings agency, MSCI, in their ESG rating. Only 11 percent of comparable companies worldwide achieve this level. This upgrade is the result of MEKO's dedicated efforts in areas like employee relations and corporate governance, which are seen as being well aligned with investor interests.
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MEKO's business model allow everyone to be environmental friendly
"By maintaining your car, and servicing it on continuous intervals, you contribute to a more circular society. Servicing your car, instead of buying a new one, even if it is electric, reduce the car manufacturing and the emissions it entails. The aftermarket in the automotive industry contributes to a circular economy by reuse and recycling of products and materials. At MEKO we aim to keep the resources in circulation instead of being consumed and becoming waste."
- Pehr Oscarson, President and CEO, MEKO.
Workshops within MEKO are involved in collecting parts and materials that can be recycled suppliers, e.g. cast iron and aluminum calipers. Waste oil is an example of consumables that are recycled, and as the car fleet becomes more electrified, the collection and handling of batteries also becomes increasingly important.
A circular economy is necessary to enable sustainable mobility
At MEKO we have been working with a circular business model for 50 years, by maintaining your car and give it a longer life. Our vision is to enable mobility – today, tomorrow and in the future. That means that we continue to take actions for sustainable operations.
"Our traditional linear economy, where products are manufactured, used, and thrown away, leads to enormous waste. The transition to a circular economy is necessary for us to save resources and limit global warming. It’s crucial that we change the way we produce and consume products, and I’m convinced that MEKO can contribute to that change."
- Louise Wohrne, Head of Sustainability, MEKO.
MEKO contributes to reuse and recycling of products and materials, so that circular economic value can be maintained. For example, there is a service in our Danish operations where specific tools and equipment are rented out to workshops, and in Sweden a new service has been launched within the subsidiary Mekonomen, where car owners rent bulky equipment, e.g. roof boxes.
MEKO awarded bronze medal in renowned sustainability assessment
February, 2024
MEKO has been awarded a bronze medal by EcoVadis, the world's most trusted provider of business sustainability ratings, for its sustainability performance and achievements. Scoring well-above industry averages across all categories, MEKO is in the top 35 percent of assessed companies.
Learn more
Read our Sustainability Report
UN Global Compact
Learn more about how MEKO affects and is affected by UN Global Compact.
*Disclaimer on MSCI logo usage
The use by MEKO of any MSCI ESG research llc or its affiliates (“MSCI”) data, and the use of MSCI logos, trademarks, service marks or index names herein, do not constitute a sponsorship, endorsement, recommendation, or promotion of MEKO by MSCI. MSCI services and data are the property of MSCI or its information providers, and are provided ‘as-is’ and without warranty. MSCI names and logos are trademarks or service marks of MSCI.