Electrolux has a long tradition of providing safe and healthy working conditions, and to care for the environment as well as our own employees and people around us.Read more
Codes and policies
A sustainable approach starts at home: with safe workplaces, mutual respect and common values. Our company codes lay the groundwork of how Electrolux is to conduct its business sustainably and responsibly.
The Electrolux Code of Ethics formalizes the principles by which the Group conducts its relations with employees, shareholders, business partners and other stakeholders.
Our Workplace Code of Conduct, Policy on Countering Corruption and Bribery and Tax Policy fall under the umbrella of the Code of Ethics and are more operational in nature. The Environmental Policy was first launched in 1993. They are all based on fundamental conventions of the International Labour Organization and the OECD Guidelines for Multinational Enterprises.
Ownership and monitoring
Electrolux is streamlining group-wide policies to ensure strong, coherent messages across the Group. Policies are approved by Group Management and are mandatory, monitored and enforced. They are communicated to provide understanding for employees. Implementation is achieved through clear lines of accountability.
|POLICY||POLICY HOLDER*||POLICY APPROVER|
|Code of Ethics||VP, Group Sustainability Affairs||Board of Directors|
|Workplace Code of Conduct||VP, Group Sustainability Affairs||SVP, Corporate Communications|
|Policy on Countering Bribery and Corruption||Senior Associate General Counsel||SVP, Legal Affairs|
|Environmental Policy||VP, Group Sustainability Affairs||SVP, Corporate Communications|
|Group Tax Policy||VP, Global Tax & Holding||Chief Financial Officer|
* Responsible for developing, communicating, monitoring and enforcing
Awareness of, and compliance with, the Workplace Code of Conduct are assessed through the ALFA (Awareness-Learning-Feedback-Assessment) system and on-site audits. Internal and external audits also monitor implementation of the Environmental Policy. The Electrolux Group Tax Policy regulates the procedures for all tax matters within the Electrolux Group. It enables management and control over the Group’s tax situation with the intention to set out the general framework for tax related issues.
A key priority is to ensure group-wide policies are communicated across the organization. Particular focus is placed on the Code of Conduct and the Code of Ethics, which formalizes the principles for our relations with employees, shareholders, business partners and other stakeholders. Ensuring that everyone at Electrolux upholds high ethical and environmental values is vital in building the trust on which our brand success depends.
Human resource-related policies such as the Grandparent Principle and the Recruitment Policy are designed to ensure fair and transparent hiring practices. The Compensation Policy defines a consistent approach to remuneration. The purpose of the policy “Appointment of Senior Managers” is to ensure that Electrolux appoints the right people to achieve strategic objectives in line with Group policies. Training of the policy has been conducted throughout the global Human Resource community. Compliance is followed up annually. Non-compliant units are requested to have short and long-term action plans in place.
The European appliance industry association, CECED, also has a Code of Conduct that aims to promote fair and sustainable standards for working conditions and environmental performance among its company members. Electrolux played an active role in its development and fully endorses the Code.
You can access these codes and policies in several languages under related pages, at the left hand side of the screen.
|Electrolux Group Tax Policy 2015 - Language: English||2015||English|
Read more within Codes and policies
The Electrolux Code of Ethics outlines both prescriptive and proscriptive ethical standards that require strict adherence from all employees and Board members of the Electrolux Group, in all markets and at all times.Read more
The Electrolux Environmental Policy outlines how to improve environmental performance in production and product use as well as how to design products for disposal.Read more