GlobalData offers a comprehensive analysis of Whirlpool, 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 Whirlpool‘s ESG performance. GlobalData’s company profile on Whirlpool 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.

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Whirlpool, a leading home appliance manufacturer, has set an objective to achieve Net Zero emissions in its plants and operations (scopes 1 and 2) by 2030. Whirlpool is also focused on reducing its scope 1, scope 2, and scope 3 emissions, which include direct emissions from its operations, indirect emissions from purchased electricity, and emissions from its value chain, respectively. According to the sustainability report, in 2022 the company’s greenhouse gas emissions, Scope 1 emissions was 151,409 mtCO2e, Scope 2 (location-based emissions) was 309,518 mtCO2e & Scope 2 (market-based emissions) was 273,217 mtCO2e and Scope 3 emissions was 53,346,894 mtCO2e. Whereas GHG emissions intensity scopes 1 and 2 was 0.0118 (mtCO2e/product). From 2016 to 2022, Company has accomplished a substantial 45% reduction in greenhouse gas (GHG) emissions across scopes 1 and 2.

The company is committed to monitoring and reducing its emissions. It has made progress towards its Science-Based Targets initiative (SBTi) approved target of a 20% reduction in emissions resulting from the use of its products (Scope 3, Category 11) by 2030, compared to 2016 levels.

Whirlpool has taken several steps to reduce its emissions and achieve its net-zero targets. The company has invested in onsite and offsite renewable energy sources, including the addition of renewable energy in India, and contracted renewable energy from utilities in Mexico and Brazil. It has also entered into Virtual Power Purchase Agreements (VPPAs) to cover its Scope 2 electricity emissions from U.S. plants. Whirlpool is focused on driving continuous improvement in emissions and energy efficiency through the development and utilization of renewable energy sources and deep energy retrofits. The company aims to exceed its 2030 emissions goals by engaging with consumers and providing energy-efficient products that contribute to a more resilient grid.

In addition to emission reduction efforts, Whirlpool is aware of the risks posed by climate change and includes Climate Risk as one of the categories in its annual risk survey. The company acknowledges the potential impact of climate change on its products and services and is committed to encouraging low-carbon behavior and innovation within its supply chain and products. Whirlpool also recognizes the importance of monitoring climate-related regulatory changes and complying with environmental regulations.

In conclusion, Whirlpool is actively working towards achieving its net-zero targets by 2030 and reducing its carbon emissions. The company has implemented various measures, including investments in renewable energy and energy efficiency, to drive emission reductions. By prioritizing sustainability and addressing climate-related risks, Whirlpool aims to contribute to a more sustainable future while maintaining its position as a leading home appliance manufacturer.

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