March 2, 2024 About Nectar
Nectar is a mattress and bedding company founded in 2017 known for its memory foam mattresses sold directly to consumers. The company is headquartered at Witan Gate House, 500-600 Witan Gate West, Milton Keynes, MK9 1SH, GB.
United Kingdom
Nectar's consumer focus revolves around providing high-quality mattresses and bedding directly to customers, bypassing traditional retail channels. They position themselves as a premium yet affordable option in the mattress industry, emphasizing the benefits of memory foam for comfort and support.
Nectar Sustainability Rating is 3.7
This means Nectar are below average compared to other companies in the Professional & Commercial Services.
Industry positioning
Nectar positioning within the Professional & Commercial Services
The mattress industry faces sustainability challenges related to material sourcing, product lifespan, disposal and recycling, carbon emissions, and consumer awareness. These challenges include sourcing sustainable materials, improving product durability, enhancing recycling processes, reducing carbon emissions, and educating consumers about eco-friendly options.
Nectar stands out with its generous 365-night trial period and lifetime warranty on its products, demonstrating confidence in their product's quality. By selling directly to consumers online, Nectar eliminates retail markups, providing high-quality mattresses at affordable prices.
Nectar Sustainability Rating Breakdown:
Nectar Overall Sustainability Rating is 3.7 out of 5.0
Nectar’s sustainability strategy is split into three segments: Cut pollution: With a goal of achieving carbon neutrality, Nectar has partnered with ClimatePartner to calculate and reduce its carbon footprint across the entire Nectar value chain. Nectar offers the UK’s first carbon neutral mattress by actively offsetting over 70% of its carbon emissions. Don’t waste: By designing mattresses with long lifespans, Nectar is helping to reduce consumption and waste. The company offers 365-day trials and forever warranties on its mattresses. It also refurbishes used mattresses and donates some of them to the British Heart Foundation. Choose to care: Nectar also utilizes certified materials when creating mattresses. Its cardboard is recyclable, biodegradable, and responsibly sourced; its foam and protector are free from heavy metals, harmful dyes, and ozone-depleting chemicals; and its protector is topped with a circular fiber that can be recycled back into thread called Tencel. Finally, Nectar’s mattresses are made in Derbyshire, UK. This minimizes shipping emissions, supports the local economy, and allows for better visibility of factory working conditions.
Nectar Environmental Rating is 3.7 out of 5.0
Nectar has an environmental rating score of 3.7, focusing in the following areas:
- Climate risk (3.8): This score reflects Nectar understanding and management of climate-related risks that could impact their operations. A score of 3.8 suggests a strong awareness and management of these risks.
- Greenhouse Gas (GHG) Emissions (3.2): This score measures the emissions of greenhouse gases produced by Nectar and their efforts to reduce these emissions. A score of 3.2 indicates a strong effort is being put toward reducing emissions of greenhouse gases.
- Land Use and Biodiversity (4.2): This score indicates how Nectar considers the impact of its operations on land use and biodiversity. A score of 4.2 suggests an excellent level of commitment to minimising negative impacts.
- Materials Sourcing (3.8): Reflecting the sustainability and ethical considerations in sourcing materials for their products, a score of 3.8 suggests a strong effort in responsible sourcing of materials.
- Waste Hazards and Management (4.2): A score of 4.2 assesses how Nectar handles waste and hazardous materials. This indicates an excellent waste management strategies and minimization of hazardous waste are in practice.
- Environmental Opportunities (3.5): A score of 3.5 indicates that Nectar is good at identifying and taking advantage of opportunities to benefit the environment, potentially through innovative practices or sustainable growth strategies.
- Environmental Compliance (3.8): A score of 3.8 rates the level of compliance with environmental regulations and standards, indicating good adherence to legal and ethical norms in environmental matters.
Nectar has a good environmental rating. It scores well across the board but could improve efforts toward reducing greenhouse gas emissions.
Nectar Social Rating is 3.9 out of 5.0
Nectar has an overall social score of 3.9, which can be broken down into various components, reflecting the company's performance in relation to social challenges:
- Community Engagement (3.8): This score assesses a company’s involvement in and contribution to local communities. A score of 3.8 indicates Nectar have a good commitment to community engagement.
- Diversity and Inclusion (5): This category indicates an excellent commitment level of Nectar to creating an inclusive and diverse workplace and culture.
- Health and Safety (3.8): The health and safety score reflects a strong robustness of the measures in place at Nectar to protect the well-being of its employees and customers.
- Supplier Engagement (2.9): This score assesses how Nectar engages with its suppliers on social issues. A score of 2.9 suggests a reasonable level of engagement and collaboration with suppliers in managing social risks.
Nectar has a good social rating. Nectar scores highly in diversity and inclusion but could still improve in areas like supplier engagement and health and safety.
Nectar Governance Rating is 3.5 out of 5.0
Nectar has an overall governance score of 3.5, which encompasses various aspects of its corporate governance practices and structures:
- Business Resilience and Sustainability (1): This score reflects the capacity of Nectar to sustain its operations over the long term and adapt to business challenges. 1 suggests a poor strategies for resilience and sustainability in the business model of Nectar.
- Corporate Compliance Behaviours (5): This score assesses adherence to laws, regulations, and internal policies. 5 shows an excellent Nectar Corporate Compliance Behaviours.
- Business Transparency (4.4): This indicates the level of transparency in the business operations and disclosures of Nectar, suggesting a great communication with stakeholders and clear reporting of activities and financial information.
Nectar has a good governance rating due to its high scores in corporate compliance and business transparency. However, Nectar could improve its business resilience significantly.
So is Nectar sustainable?
Overall, Nectar lays out its plan of action to incorporate sustainability into its business as well as giving solid examples of where it has already improved. Nectar is committed to improving sustainability practices in the mattress industry. 
