Henkel

Duesseldorf, Germany
Invested through / Financed by
  • Triodos Global Equities Impact Fund
  • Triodos Sterling Bond Impact Fund
Asset classListed equity & Corporate bonds
Impact strategyImpact Equities and Bonds
SectorOther
ISIN codeXS2057835717
Industry groupHousehold & Personal Products
Sustainable Development Goals (SDGs)
  • Good health and well-being

German company Henkel manufactures industrial, commercial, and consumer chemical products. The company operates under two reportable segments: Adhesive Technologies and Consumer Brands. Founded in 1876 by Fritz Henkel, the company today operates in over 120 countries worldwide. Western Europe is the largest regional market, followed by North America.

Investment rationale

Consumer Brands brings together Henkel’s expertise in personal and home hygiene under one umbrella. Through trusted names like Schwarzkopf and Dial, Henkel empowers consumers to maintain healthy hygiene routines in hair care, body care, skincare, and oral care. The segment’s offerings also extend to household essentials such as detergents, dishwashing products, toilet cleaners, and air fresheners, with Persil, All, and Bref leading the way. By providing products that support both personal well-being and a clean, safe home environment, Henkel plays a vital role in improving everyday quality of life.

Adhesive Technologies is at the forefront of driving positive environmental change across industries. Henkel’s advanced adhesives help boost the efficiency of solar panels, supporting the adoption of renewable energy. Their industrial coatings extend the lifespan of machinery, reducing waste and conserving resources. Innovative adhesive solutions enable the construction industry to use wood panels in place of energy-intensive concrete, cutting carbon emissions and promoting sustainable building practices. Furthermore, Henkel’s breakthrough packaging technology replaces conventional polyethylene with recyclable paper alternatives, reducing plastic waste and advancing the circular economy.

Alignment with Triodos Transitions:
In total 42% of the revenues of the company is aligned with one or more Triodos Transitions. 34% of revenues is aligned with the Wellbeing Transition and 8% of revenues is aligned with the Resource Transition.

The contribution to the Wellbeing Transition comes from 32% of revenues related to the impact objective Healthy Lifestyle, and 3% of revenues related to the impact objective Safety & Security. The contribution to the Resource Transition comes from 7% of revenues related to the impact objective Circular Economy, and 0% of revenues related to Sustainable Water & Wastewater Management.