Electrolux awarded EU sustainable energy award

Electrolux President and CEO Hans Stråberg pushes for incentives to replace old appliances with new, and energy efficient ones.

Electrolux has received the prestigious Sustainable Energy Award in Corporate Commitment Category from the European Commission. The award recognizes the company’s ongoing efforts to reduce energy consumption of products, factories and services.

The award is part of the Commission’s Sustainable Energy Europe 2005-2008 initiative, which aims to increase public awareness for renewable energy, energy efficiency, clean transport and alternative fuels.

“I am very proud that Electrolux received this award, which recognizes our efforts in the field of energy-efficiency”, says Electrolux President and CEO Hans Stråberg.

Hans Stråberg cites the Electrolux Group’s continuous development of energy-efficient appliances. According to Stråberg, energy efficiency has improved by about 40% in the last decade for Electrolux major appliances.

“We believe that incentive programs across Europe to stimulate the replacement of older appliances with new, energy-efficient ones could significantly impact CO2 emissions,” says Stråberg. “We estimate that there are about 200 million appliances that are more than 10 years old currently in use in European households. By replacing these, we could cut CO2 emissions by some 22 million tonnes per year, corresponding to 6% of the EU’s Kyoto target.”

In addition to developing more energy-efficient products, such as the Sensidry heat pump tumble dryer that boasts record-low energy consumption, Electrolux is engaged in other programs contributing to the sustainable use of energy. As a result of these efforts, Electrolux has received a number of distinctions, including the European Commissions Energy+ Award.

Press photographs can be found at http://www.electrolux.com/node23.aspx?folderid=15600
For further information contact Electrolux Media Hot line on +46 8 657 65 07.

About the Electrolux Group

Electrolux is a global leader in home appliances and appliances for professional use, selling more than 40 million products to customers in 150 countries every year. The company focuses on innovations that are thoughtfully designed, based on extensive consumer insight, to meet the real needs of consumers and professionals. Electrolux products include refrigerators, dishwashers, washing machines, vacuum cleaners and cookers sold under esteemed brands such as Electrolux, AEG-Electrolux, Zanussi, Eureka and Frigidaire. In 2005, Electrolux had sales of SEK 100 billion and 57,000 employees. For more information, visit http://www.electrolux.com/press