Electrolux reports of progress on new sustainability strategy
Electrolux has published its 2020 Sustainability Report, which highlights a 70 per cent reduction in emissions since 2015 and a climate reduction element to its long-term incentive program for top Managers.
The report covers the company’s progress on its sustainability targets according to its new ‘For the Better 2030’ sustainability framework launched in March 2020. The comprehensive framework covers the areas of ‘Better Solutions’, ‘Better Company’, ‘Better Living’ and the company’s climate targets.
Electrolux UK and Ireland General Manager, Luke Harding, said: “We take a lot of pride in the way our appliances have helped shape millions of people’s lives for the better over the past 100 years. We have a tremendous opportunity to eliminate barriers and help our consumers make sustainable choices. By improving our operations, which partnerships we enter into, the community initiatives we support, and the products and solutions we develop, Electrolux is committed to keeping sustainability as a key business area focus in the coming decade.”
Within the framework, the parent company of the AEG and Zanussi brands and its Electrolux Food Foundation supported initiatives throughout 2020 to provide food and meet the basic needs of those affected by the Coronavirus pandemic around the world.
Mr Harding added: “We took a more holistic approach to our sustainability work by committing to an expected £8 million investment in the Electrolux Food Foundation by 2030. During this time, the foundation seeks to offer education and culinary training programs to at least 300,000 people, and support millions more through local partners and programs globally. Locally, the foundation helps fund our work with not for profit organisation Cook School Club, helping educate thousands of school children on making sustainable food choices.”
Electrolux reported a 70 per cent reduction in CO2 emissions from the company’s operations since 2015 – toward its 80 per cent reduction science-based target (Scope 1 and 2) by 2025 and a 100 per cent reduction by 2030. Electrolux science-based target (Scope 3) product use emissions decreased by over 20 per cent compared to 2015.
The manufacturer also took an important step toward its climate ambition by adding a substantial climate impact reduction element to its long-term incentive program for its top 260 Managers, which will drive climate action throughout the organisation.
Henrik Sundström, VP Sustainability Affairs, commented: “For the Better 2030 means broadening our sustainability approach to address topics that are outside the immediate scope of our company, by helping people to live more sustainably in their homes while they are using our products. This involves promoting more sustainable eating, making clothes last longer and improving their home environment.”