Performance review: People and operations (Ethical business)
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.
Aspect of the Foundation / area | Objective / challenge | 2013 performance | Next step |
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Engage with Board and top management on sustainability strategies. |
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Purpose – An element of the corporate framework that describes the company’s aim beyond financial and market objectives. |
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Core values – Embedding a common set of values throughout Group processes and training. |
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Ethics and integrity – Communicating an ethics program that includes the Code of Ethics and related policies. |
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Ethics and integrity – Implementing Code of Conduct (CoC) and monitoring performance. |
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Safety – Global approach to health and safety (H&S) management and behavioral change. |
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Respect and diversity – Development of an innovative culture with diverse employees in terms of cultural backgrounds and gender. |
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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%.