Annual Report 2013

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Performance review: People and operations (Efficiency)

As part of its sustainability approach, Electrolux communicates objectives, progress on priorities of each stated aspect of its strategic pillars, along with the next step for 2014 and onwards.

Focus area Objective / challenge 2013 performance Next step
Reducing energy use in operations. A medium-term relative reduction target for energy consumption in operations by 15% between 2011 and 2015.
  • Reduce the Group’s environmental footprint (both reducing energy and carbon dioxide) in the short and long term thereby also considerably reducing energy costs.
  • Implemented 2015 target to reduce energy by 15% compared to 2011 production volumes.

  • Completed an action plan for 2014 for energy-efficient processes.

  • Realized a 10% relative improvement, indicating a significant rise in production efficiency in comparable factories. In absolute terms the Group increased energy use by 11% as a result of acquisitions and the start up of new factories.

  • Emitted approximately 200,000 fewer tonnes of CO2 since 2005 (new acquisitions included).

  • Achieved energy cost savings in 2013 of more than SEK 300m compared to 2005.

  • Integrated all newly acquired operations into the Green Spirit program.
  • Implement the 2014 energy action plan and formulate one for 2015.

  • Work out an investment strategy for energy efficient equipment’s and processes.
Establish baseline levels of performance on efficient operations and encourage best practice.
  • Engage local organizations in ambitious group-wide targets.
  • Updated the Green Spirit certification criteria.

  • Contracted a global provider for ISO and OHSAs certification.
  • Set a plan for the yearly update of the criteria.

  • The program will continue in 2014, and increase the number of plants in a higher category of the certification scheme.
Carbon reduction from transportation of goods.
  • Streamline logistics and reduce the carbon impact of transportation by setting mandatory environmental criteria for suppliers, increasing intermodal transport, using shipping and rail wherever possible.

  • Define comparable methods of measuring CO2 impacts from transportation.
  • Improved transport carbon data accuracy enabled development of new baseline for target.

  • Continued participation in the BSR Clean Cargo Working Group.

  • Achieved an improved carbon efficiency of more than 20% between 2010 and 2013 in ocean transportation.
  • Work towards the transport targets by sharing experience and best practice.

  • Continue to include low carbon procurement stipulations for logistics suppliers.
Improve water efficiency of Electrolux operations.
  • Gain a greater understanding of water impacts.

  • Reduce the use of water in Electrolux operations.
  • Achieved a 20% water reduction target two years ahead of schedule. The target was set for 2014 against a 2010 baseline.

  • Together with WWF, mapped water-related risks associated with Group factories in water stressed areas.
  • Work towards the water targets by sharing experience and best practice.
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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%.

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