Products and services
EN26-27
Electrolux supports developments to phase out inefficient appliances, along with better enforcement of efficiency standards. As of December 1, 2013, more stringent European Eco-Design energy-efficiency requirements stipulated that Class ‘A’ dishwashers and washing machines were no longer to be sold. During 2013,European legislation was passed that will introduce new energy labels for a range of products including vacuum cleaners, ovens and hoods. Their impact is described more fully in the Product responsibility section.
During 2014 the company will continue to refine its product-performance monitoring and reporting methodology to keep track of product efficiency, inform target setting, and update its Restricted Materials List (RML).
Changes in legislation and the need to modify products could potentially have a material impact on Electrolux. However, their financial implications have not been quantitatively collated on Group level.
Global Green Range
Improving product efficiency
Refrigerator and freezer efficiency in Europe improved on average by 3% (3%) per year from 2008 to 2013. See graph below.
Fleet average 2008-2013
Synergies can be achieved by connecting appliances. A pilot project to introduce smart products and connected appliances to Stockholm Royal Seaport is scheduled for 2015. Electrolux publishes guidelines and tips for the efficient use of products.
Product examples
Sustainable innovation is among the top four priorities of the Electrolux R&D program. Here’s what it means for products launched during 2013:
CEO Statement
In 2013 we continued to deliver above our growth target and delivered 4.5% in organic sales growth.
CEO Statement
I'm convinced that raising product efficiency for the growing middle class is where long-term shareholder value creation lies.
Our products
Electrolux is the only appliance manufacturer in the industry to offer complete solutions for both consumers and professionals. The focus is on innovative and energy-efficient products in the premium segments.
Sustainability
Achieving the Group's vision of sustainability leadership is crucial to realizing the business strategy. The objective is to develop smarter, more accessible, resource-efficient solutions that meet people's needs and improve their lives. Read the comprehensive sustainability performance review.
Awards & recognition
Financial Reporting
Net sales for the Electrolux Group in 2013 amounted to SEK 109,151m, as against SEK 109,994m in the previous year. The organic sales growth was 4.5%, while currencies had an impact of -5.3%.
