Electrolux Group, parent company of AEG, has released its 2023 Sustainability Report, which reveals the company’s latest sustainability achievements and sets out the new target for the year ahead.
The report has revealed that 97% of Electrolux Group products with refrigerants had switched to gases with low global warming potential, which led to recognition in the latest UN Cool Coalition report on the cooling industry. It also highlighted that 60% of all energy used in its operations was from renewable sources in 2023.
In early 2024, Electrolux Group had its second science-based climate target approved by the Science-Based Targets initiative, after achieving its first target three years ahead of time. The new target aims to reduce the company’s direct and indirect carbon emissions resulting from its operations (scope 1 and 2) by 85% and absolute scope 3 carbon emissions (use of sold products, materials, transport of products and business travel) by 42% between 2021 and 2030.
The target is aligned with the Paris Agreement, which aims to limit average global temperature rises to 1.5°C this century to avoid the most severe impacts of climate change.
Chris George, commercial lead UK/IE at Electrolux Group, commented: “Our sustainability performance in 2023 and our new science-based climate target approved in 2024 show that together we continue to build a better company, create better solutions and enable better living. This highlights the power of our combined people, planet and business perspectives.”
Other Electrolux Group sustainability 2023 highlights
Better Company
- 3 million meals donation target achieved seven years early by the Electrolux Food Foundation
- 98% of top 285 suppliers responded to the CDP Supply Chain Program
- Stronger processes implemented to safeguard human rights among employees and the supply chain
Better Solutions
- The company’s most resource and water efficient products accounted for 29% of total units sold and 38% of gross profit
- The AEG EcoLine selection showcased some of the Group’s most energy-efficient products in Europe, identified using a science-based approach
- In an industry first, Electrolux Group’s MaxiSpace green zone built-in refrigerator range are designed with inner liners made from 70% recycled plastic
Better Living
- Electrolux Steam Ovens use up to 20% less energy than a conventional oven by allowing lower temperature cooking
- Steam Refresh function allows consumers to refresh their clothes using up to 90% less water and 30% less energy compared to a complete washing cycle3
- Six products for wellbeing at home won Red Dot and iF Design awards
Climate Goals
- Carbon emissions from operations (scope 1 and 2) reduced by 33% since 2021
- Carbon emissions from products sold (scope 3) reduced by 28% compared with 2021
Read the Electrolux Group Sustainability Report 2023 and In Brief version here: Sustainability – Electrolux Group
