iLOQ: Pioneering Sustainability and Innovation in the Locking Industry
May 28, 2025, 10:38 am
In a world where security meets sustainability, iLOQ stands as a beacon of innovation. The Finnish company has carved a niche in the locking industry, replacing traditional mechanical locks with cutting-edge, battery-free smart locks. This shift is not just about convenience; it’s a revolution in how we think about security and sustainability.
Recently, iLOQ published its Annual and Sustainability Report for 2024. This document is more than just numbers; it reflects a commitment to a holistic approach to sustainability. iLOQ embraces a 360-degree view of Environmental, Social, and Governance (ESG) factors. This means that sustainability is woven into the fabric of their operations, from the supply chain to the lifecycle of their products. The company is not merely a participant in the circular economy; it is a leader, driving continuous development and sustainable performance.
In 2024, iLOQ reported a turnover of €128.7 million, a testament to its growing influence. With over 330 employees and a presence in more than 55 countries, the company is expanding its reach. The smart locks they produce are not just about security; they enhance the value of properties and infrastructures while minimizing lifecycle costs. This dual focus on security and sustainability is a powerful combination.
But iLOQ is not resting on its laurels. The company recently participated in a Finnish foreign trade visit to Singapore and Malaysia. This trip was led by the Minister for Foreign Trade and Development, Ville Tavio. The goal? To tap into the burgeoning markets of Southeast Asia. Singapore, a financial hub, is keen on digitalization and cybersecurity. Malaysia’s technology sector is rapidly evolving, particularly in semiconductors and cloud services. For iLOQ, these markets represent a goldmine of opportunities.
During the visit, iLOQ showcased its expertise to key decision-makers and industry leaders. The focus was on developing smart cities and sustainable infrastructure. iLOQ’s digital-first approach aligns perfectly with the region’s ambitions. The company’s solutions promise zero maintenance, operational efficiency, and high security—all while ensuring a fast return on investment.
The discussions held during this trade visit were not just formalities; they were the seeds of potential collaborations. iLOQ’s Regional Sales Director for Southeast Asia, Christopher Tan, highlighted the synergies between iLOQ’s offerings and the region’s business goals. The emphasis on sustainability and innovative access solutions resonates with the strategic priorities of both Singapore and Malaysia.
The visit was a significant step for iLOQ. It allowed the company to position itself as a key player in the digital transformation of the access industry. The conversations initiated during this trip could lead to partnerships that further enhance iLOQ’s footprint in Southeast Asia.
iLOQ’s commitment to sustainability is not just a marketing strategy; it’s a core value. The company’s products are designed to minimize environmental impact while maximizing security. This approach is increasingly important in a world that demands accountability and transparency from businesses. Consumers are more informed than ever, and they expect companies to take responsibility for their environmental footprint.
The rise of smart cities is another factor driving iLOQ’s growth. As urban areas expand, the need for secure, efficient access solutions becomes paramount. iLOQ’s technology is well-suited to meet these demands. The company’s battery-free locks are not only environmentally friendly but also reduce the need for frequent maintenance and replacement. This longevity translates to lower costs for consumers and a smaller ecological footprint.
Moreover, iLOQ’s innovative solutions contribute to the overall safety and security of urban environments. In a world where cyber threats are ever-present, the company’s focus on cybersecurity is timely. By integrating advanced technology into their locking systems, iLOQ ensures that security is not compromised in the digital age.
As iLOQ continues to expand its global presence, its focus on sustainability and innovation will remain at the forefront. The company is not just adapting to changes in the market; it is shaping them. By embracing a holistic approach to sustainability, iLOQ is setting a standard for others in the industry.
In conclusion, iLOQ is more than a technology disruptor; it is a visionary company committed to making life accessible and secure. With its innovative smart locks and dedication to sustainability, iLOQ is paving the way for a future where security and environmental responsibility go hand in hand. As the company forges new partnerships and explores emerging markets, its impact on the locking industry will only grow. The journey is just beginning, and the possibilities are limitless.
Recently, iLOQ published its Annual and Sustainability Report for 2024. This document is more than just numbers; it reflects a commitment to a holistic approach to sustainability. iLOQ embraces a 360-degree view of Environmental, Social, and Governance (ESG) factors. This means that sustainability is woven into the fabric of their operations, from the supply chain to the lifecycle of their products. The company is not merely a participant in the circular economy; it is a leader, driving continuous development and sustainable performance.
In 2024, iLOQ reported a turnover of €128.7 million, a testament to its growing influence. With over 330 employees and a presence in more than 55 countries, the company is expanding its reach. The smart locks they produce are not just about security; they enhance the value of properties and infrastructures while minimizing lifecycle costs. This dual focus on security and sustainability is a powerful combination.
But iLOQ is not resting on its laurels. The company recently participated in a Finnish foreign trade visit to Singapore and Malaysia. This trip was led by the Minister for Foreign Trade and Development, Ville Tavio. The goal? To tap into the burgeoning markets of Southeast Asia. Singapore, a financial hub, is keen on digitalization and cybersecurity. Malaysia’s technology sector is rapidly evolving, particularly in semiconductors and cloud services. For iLOQ, these markets represent a goldmine of opportunities.
During the visit, iLOQ showcased its expertise to key decision-makers and industry leaders. The focus was on developing smart cities and sustainable infrastructure. iLOQ’s digital-first approach aligns perfectly with the region’s ambitions. The company’s solutions promise zero maintenance, operational efficiency, and high security—all while ensuring a fast return on investment.
The discussions held during this trade visit were not just formalities; they were the seeds of potential collaborations. iLOQ’s Regional Sales Director for Southeast Asia, Christopher Tan, highlighted the synergies between iLOQ’s offerings and the region’s business goals. The emphasis on sustainability and innovative access solutions resonates with the strategic priorities of both Singapore and Malaysia.
The visit was a significant step for iLOQ. It allowed the company to position itself as a key player in the digital transformation of the access industry. The conversations initiated during this trip could lead to partnerships that further enhance iLOQ’s footprint in Southeast Asia.
iLOQ’s commitment to sustainability is not just a marketing strategy; it’s a core value. The company’s products are designed to minimize environmental impact while maximizing security. This approach is increasingly important in a world that demands accountability and transparency from businesses. Consumers are more informed than ever, and they expect companies to take responsibility for their environmental footprint.
The rise of smart cities is another factor driving iLOQ’s growth. As urban areas expand, the need for secure, efficient access solutions becomes paramount. iLOQ’s technology is well-suited to meet these demands. The company’s battery-free locks are not only environmentally friendly but also reduce the need for frequent maintenance and replacement. This longevity translates to lower costs for consumers and a smaller ecological footprint.
Moreover, iLOQ’s innovative solutions contribute to the overall safety and security of urban environments. In a world where cyber threats are ever-present, the company’s focus on cybersecurity is timely. By integrating advanced technology into their locking systems, iLOQ ensures that security is not compromised in the digital age.
As iLOQ continues to expand its global presence, its focus on sustainability and innovation will remain at the forefront. The company is not just adapting to changes in the market; it is shaping them. By embracing a holistic approach to sustainability, iLOQ is setting a standard for others in the industry.
In conclusion, iLOQ is more than a technology disruptor; it is a visionary company committed to making life accessible and secure. With its innovative smart locks and dedication to sustainability, iLOQ is paving the way for a future where security and environmental responsibility go hand in hand. As the company forges new partnerships and explores emerging markets, its impact on the locking industry will only grow. The journey is just beginning, and the possibilities are limitless.