Star performers 2014
The Electrolux Sustainability Award aims to motivate and recognize employees for their commitment to the Group’s sustainability goals and highlight the value sustainability brings to the business and its stakeholders.
Every year, Electrolux recognizes efforts that reflect the Group’s commitment to leadership. In line with sustainability objectives, the Sustainability Award honors initiatives in the company that demonstrate product and marketing excellence, operational eco-efficiency, ethics and conduct and engagement in society.
The 2013 two finalists demonstrated that Electrolux has lasting impacts far beyond its own operations, while at the same time realizing business objectives.
And the award goes to,…..
The Small Appliance team received the top honor for actively supporting the introduction of strong EU legislation for vacuum cleaner’ energy labeling and Eco design. Demonstrating leadership, accountability and an inclusive approach, the Small Appliance team took the lead when several competitors dug in their heels against the labeling proposal. Electrolux thereby played a role in the legislation’s prompt introduction.
The new label will make it easy for consumers to make the right choice; delivering increased transparency and more energy-efficient and better-performing vacuum cleaners.
Stricter regulation is bound to help the EU cut energy use as well; with the potential savings of 18 TWh a year by 2020. This exceeds the annual energy consumption of a country the size of Slovenia.
The benefits for Electrolux are also tangible: it will help Electrolux leverage its core competences in product development and sales and give the company the edge on ‘inefficient’ competitors.
The regulation will come into effect as of September 2014.
Ship ahoy
The Global Ocean Team, part of Global Purchasing, was also recognized for its efforts to drive carbon reductions and achieved improved carbon efficiency of more than 20% between 2010 and 2013. As one of the top 15 non-government shippers in the world, the team leveraged its purchasing power to make a change along the entire logistics flow. Through this initiative the team has dramatically reduced carbon emissions, reduced costs and improved relations with stakeholders. Through their insight and engagement, Electrolux is regarded as an advocate of sustainable practices in the global shipping industry.
StopSearchHereCEO 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%.