Our climate targets
By focusing on our major impacts, we will prevent millions of metric tons of greenhouse gases from entering the atmosphere.
The case for action
Tackling climate change by reducing greenhouse gas emissions is one of the greatest, most urgent challenges facing society. Our science-based climate target1) is aligned with the 2015 Paris Climate Agreement on climate change, which aims to keep global temperature rise well below 2°C this century to avoid the most severe impacts from climate change.
As part of our Better Living Program objective to make our business circular and climate neutral, we launched a new climate target during the year. It aims for Climate neutral operations by 2030 (scope 1 and 2 emissions).
In addition, our President and CEO Jonas Samuelson, signed the United Nations Global Compact - Business Ambition for 1.5° C in 2019. Electrolux aims for Climate neutral value chain by 2050.
These new longer-term targets complement our science-based target1) to reduce our scope 1 and 2 emissions by 80% between 2015 and 2025, which also aims to reduce the absolute scope 3 emissions from the use of our sold products by 25% during the same time frame. The scope 3 target covers two thirds of all products sold by Electrolux.
We also follow up our own-developed target to halve our 2005 emissions by 2020.
Our climate neutrality roadmap
1) Our science-based targets are based on our 2015 emissions, which amounted to 81,700,000 metric tons CO2. The Science Based Target initiative is a global initiative headed by CDP, the UN Global Compact (UNGC), the World Resources Institute (WRI) and the World Wildlife Foundation (WWF). The initiative enables companies to set climate targets consistent with the level of de-carbonization required to limit global warming to less than 2°C, compared with pre-industrial temperatures.
What are scope 1, 2 and 3 emissions?
We define scope 1, 2 and 3 emissions as follows:
Scope 1 – are emissions produced directly by an organization, for instance through the combustion of fuels, e.g. natural gas combustion for heating.
Scope 2 – includes indirect emissions generated through the consumption of purchased energy, e.g. through electricity use.
Scope 3 – other indirect emissions due to the activities of an organization, but that are produced and controlled by a different emitter, e.g. emissions resulting from the use of Electrolux products.
Emission reduction actions
We are reducing CO2 emissions from our own manufacturing facilities, product transport, and the energy consumed during their use. But as product energy use is responsible for over 80% of our climate impact, product efficiency is where we can make our greatest contribution to tackling climate change.
We can also make a difference by eliminating the use of hydro fluorocarbons (HFCs) in refrigerators, air conditioners and products with heat pumps. HFCs are gases with a high global warming potential that are still used in some countries due to regulatory or market barriers to alternative solutions.
In 2019, Electrolux joined the Cool Coalition initiative, which encourages companies to make their own bold commitments to reduce emissions in the cooling sector. Electrolux has committed to a plan to accelerate finding alternative refrigerants with less Global Warming Potential in refrigerators, freezers and air conditioning units.
Progress on our Climate Targets
We report on our 2025 science-based target and our 2020 50% reduction target.
|Roadmap 2015 to 2020||Read more in the relevant Promises||Status|
|Be a leader in product efficiency in our most important markets.||Constantly Improve Product Performance & Efficiency||dot1|
|Eliminate high-impact greenhouse gases from our products.||Eliminate Harmful Materials||dot2|
|Improve efficiency throughout our operations and supply chain.||dot1|
|Increase the share of renewable energy for our operations to 50%.||Achieve More with Less||dot1|
Our science-based climate target 1)
By the end of 2019, we reduced our absolute scope 1 and 2 greenhouse gas emissions by 59% compared to 2015 - toward our 80% reduction target by 2025.
Read more about our scope 1 & 2 emissions in our Promise Achieve more with less. Our scope 3 is being monitored and its progress will be reported in 2020.
Progress on our 50% target
By the end of 2019, we had cut our CO emissions by 32% compared to 2005 – toward our 50% target by 2020.
This target is relative and includes emissions from product use, high impact greenhouse gases, manufacturing and transport. Production volumes and electricity emission factors are normalized to 2005.
Climate targets 2020 2)
Reduce CO2 impact by 50% in 2020 focusing on product efficiency in the main product categories. Sales volumes and emission factors are normalized to 2005.
1) Note that as the Professional business area was spun off in 2019, it was removed from our SBT baseline during the year.
Additional effort is required
Work has not yet begun
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.
S:t Göransgatan 143
SE-105 45 Stockholm, Sweden