Sustainability Report 2020

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Sustainability In Brief

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Rating agencies and sustainability rankings have recognized our sustainability commitment and performance over the past year.

CDP 

Electrolux has been recognized for its sustainability leadership with a prestigious double “A” score by the global non-profit CDP in 2020. Electrolux is one of few companies to receive top marks both for its efforts to tackle climate change and acting to protect water security. For five years Electrolux has been on the CDP climate A list, whilst the place on the water A list is a first.

CDP is an international non-profit that runs a global disclosure system for investors, companies, cities, states and regions. 

Dow Jones Sustainability World Index

Electrolux is recognized as a sustainability leader in the Dow Jones Sustainability Index (DJSI) World and Europe in the consumer durables industry.

Manjit Jus, Global Head of ESG Research and Data, S&P Global:
“We congratulate Electrolux  for being included in the DJSI WORLD. A DJSI distinction is a reflection of being a sustainability leader in your industry. With a record number of companies participating in the 2020 Corporate Sustainability Assessment and more stringent rules for inclusion this year, this sets your company apart and rewards your continued commitment to people and planet."

SAM, now part of S&P Global

Electrolux received the SAM Silver Class award in the 2020 SAM Corporate Sustainability Assessment (CSA). Each year, over 3,400 of the world's largest companies are invited to participate in the SAM CSA. Within each industry, companies with a total within 5% of the top performing company's score receive the SAM Silver Class award. SAM CSA scores are also the basis for including companies in the prestigious global Dow Jones Sustainability Indices (DJSI). Electrolux is a member of DJSI World.

2019 Global RepTrak100

In the 2019 Corporate Responsibility RepTrak® 100 Electrolux ranks 69th in corporate responsibility.  The Global RepTrak® 100 is the definitive ranking of the world’s leading companies, showcasing how people feel, think, and act towards companies globally. For over a decade, The RepTrak Company has ranked the top 100 most reputable companies and corporate brands to celebrate global reputation leaders and highlight the ever-evolving reputation intelligence landscape. The Global RepTrak100 is based on a global survey of 230,000+ ratings for a representative sample that spans the 15 largest economies. Within the Global RepTrak® 100 study, the RepTrak Company released the Corporate Responsibility RepTrak® 100 - as part of understanding a company’s overall reputation, the corporate responsibility score reflects performance in the metrics of citizenship, governance, and workplace. 

Stoxx

Electrolux is included in the STOXX® Global ESG Leaders index. The STOXX® Global ESG Leaders Index was launched in 2011 and was an important step for providing visibility for companies that excel in sustainable operations and management. The index is STOXX’s broadest benchmark tracking the highest-scoring companies in environmental, social and governance (ESG) criteria.

Global Compact 100

The Global Compact 100 (GC 100), developed in partnership with Sustainalytics, is composed of a representative group of Global Compact companies, selected based on their implementation of the ten principles and evidence of executive leadership commitment and consistent baseline profitability.

Sustainalytics

As of November 2020, Electrolux received an overall ESG Risk Ratings score of 16.0 and is considered by Sustainalytics, a global environmental, social and governance (ESG) research and ratings firm, to be at low risk of experiencing material financial impacts from ESG factors.*

*Copyright ©2021 Sustainalytics. All rights reserved. This section contains information developed by Sustainalytics (www.sustainalytics.com). Such information and data are proprietary of Sustainalytics and/or its third party suppliers (Third Party Data) and are provided for informational purposes only. They do not constitute an endorsement of any product or project, nor an investment advice and are not warranted to be complete, timely, accurate or suitable for a particular purpose. Their use is subject to conditions available at https://www.sustainalytics.com/legal-disclaimers.

FTSE4Good

FTSE Russell (the trading name of FTSE International Limited and Frank Russell Company) confirms that Electrolux has been independently assessed according to the FTSE4Good criteria, and has satisfied the requirements to become a constituent of the FTSE4Good Index Series. Created by the global index provider FTSE Russell, the FTSE4Good Index Series is designed to measure the performance of companies demonstrating strong ESG practices. The FTSE4Good indices are used by a wide variety of market participants to create and assess responsible investment funds and other products.

ISS oekom Prime status

ISS oekom research assesses the environmental, social and governance performance of a company as part of the Corporate Rating, carried out with the aid of over 100 social and environmental criteria, selected specifically for each industry. ISS oekom research awards Prime Status to those companies that are among the leaders in their industry, according to the oekom Corporate Rating, and that meet industry-specific minimum requirements.

Solactive Europe Corporate Sustainability Index

Electrolux has been reconfirmed as a constituent of the Solactive Europe Corporate Social Responsibility Index (previously Ethibel Sustainability Indices). Included since 2013, the most recent reconfirmation is dated as 2021/03/02.

Electrolux

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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