The Electrolux way of doing business
Conducting business in an ethical way is fundamental for the success of our company. The new mandatory Code of Conduct e-learning launched in 2019 was designed to help employees acknowledge and adhere to the code in their daily work.
“We have a Code of Conduct and relevant policies related to ethical conduct. Simply having these goals and rules is not enough. We have to act accordingly,” says Jonas Samuelsson, Electrolux President and CEO.
In the Electrolux global employee survey conducted in 2019, responses to the statement: “I understand how I am expected to act in order to follow the Code of Conduct” were as follows:
- 96% of non-production employees responded positively
- 86% of production employees responded positively
The Code of Conduct is a fundamental part of the Group's strategy. Employees are referred to policies, directives and guidelines and, in alignment with the UN Guiding Principles on Business and Human Rights, the code contains the Electrolux policy statement on human rights.
The new e-learning module promotes further understanding as to what the code means in employees’ day-to-day activities. It was launched following a 2018 review of the Code of Conduct that made it easier for employees to understand and use. The Code is available in 23 languages.
What is covered by the code?
- Respect for people
- Fair and legal business
- Business with integrity
- Protection of company assets
- Protection of information
- Respect for the environment
“The regular training of employees is key, both for the effective management of risks and impacts and to nurture a corporate culture we can all be proud of,” says Malin Ekefalk, Director, Social Responsibility & Community Investment.
During 2019, 83% of employees completed the online training and 84% acknowledged the Code by e-signature.
This case story is related to our Promise Always act ethically and respect human rights.
Electrolux is a leading global appliance company that has shaped living for the better for more than 100 years. We reinvent taste, care and wellbeing experiences for millions of people around the world, always striving to be at the forefront of sustainability in society through our solutions and operations. Under our brands, including Electrolux, AEG and Frigidaire, we sell approximately 60 million household products in approximately 120 markets every year. In 2019 Electrolux had sales of SEK 119 billion and employed 49,000 people around the world.
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