In 2019, ROCKWOOL Group’s activities created:

  • Around 40,000 jobs locally at our stone wool-producing facilities and with suppliers;

  • EUR 2,757 million economic value globally – which is EUR 86 million more than in 2018; and,

  • A net lifetime saving in energy costs of around EUR 77 billion for customers in households and industry from ROCKWOOL’s insulation products sold in 2019.

Measuring our socioeconomic impact

In 2019, we worked with Copenhagen Economics to develop a new SDG impact metric and methodology 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);
  2. Indirect impact pertains to the impact from companies supplying ROCKWOOL with goods and services; and,
  3. Induced impact, which is the impact from purchases by the employees working for ROCKWOOL and their suppliers.
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.

Diamantino Pereira

Saint-Éloy-les-Mines, France
ROCKWOOL employee
Employee from Saint-Eloy-Les-Mines, Diamantino Pereira
SDG 8 illustration, jobs and growth through ROCKWOOL´s products sold in 2019