GlobalData offers a comprehensive analysis of Electrolux, providing key insights into its Environmental, Social, and Governance(ESG) factors. By closely monitoring and aggregating mentions of climate change and associated ESG keywords, GlobalData delivers valuable information on Electrolux’s ESG performance. GlobalData’s company profile on Electrolux offers a 360-degree view of the company, SWOT analysis, key financials, and business strategy including insights on ESG implementation among other information. Buy the report here.
Electrolux, a leading appliance manufacturer, has set ambitious zero-net targets to reduce its greenhouse gas (GHG) emissions. The company aims to reduce their CO2 footprint by 85% by 2025 from 2015 baseline and achieve climate neutral operations by 2030. In 2022, Electrolux reported scope 1 emissions amounted to 73 metric ktons of CO2e and scope 2 emissions amounted to 10 metric ktons of CO2e. The company has approved science-based CO2 emissions targets in place and recognizes the importance of reducing its carbon footprint and is taking steps to achieve its targets.
The company acknowledges that high-impact greenhouse gases used in its appliances and operations contribute to a relatively large climate footprint. Electrolux is committed to reducing its emissions and has implemented measures such as designing products for repair and recycling, improving product recycling, using sustainable packaging, and increasing the use of recycled materials.
Electrolux has taken several steps to reduce its emissions and achieve its net-zero targets. The company has a Recycling Taskforce that includes representatives from different business areas to define targets and actions for reducing environmental impact. Electrolux is also increasing its use of recycled materials to promote the circular economy and reduce its environmental footprint. Additionally, the company is working with sea transport providers to standardize emission calculations and reduce the climate footprint of appliance transportation.
Electrolux, a prominent appliance manufacturer, is aiming to significantly reduce its greenhouse gas emissions by implementing various measures. The company focuses on product design for repair and recycling, sustainable packaging, and increasing the use of recycled materials. Through cross-business task forces, Electrolux emphasizes recycling, circular economy practices, and collaboration with transport providers to minimize the environmental impact of appliance transportation, aligning with its commitment to emission reduction.