Electrolux Makes the List in Three Sustainability Rankings
Feb 12, 2013
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Electrolux has been included in the Global 100 ranking of the world's most sustainable companies, returning to the list for the first time since 2005. The company was named, for the second year in a row, the Durable Household Products Sector Leader in the RobecoSAM 2013 global sustainability rating. The company was also ranked as one of the world's leading consumer goods companies in terms of addressing climate change.
The Global 100 list of the most sustainable companies in the world was presented on January 23 at the World Economic Forum annual meeting in Davos, Switzerland. The ranking has been published by Canadian research firm Corporate Knights since 2005. It is based on 12 key indicators, including energy use and gender diversity in the management team.
The RobecoSAM Sustainability Yearbook is an annual assessment of how companies cope with sustainability trends and challenges that are likely to have an impact on shareholder value creation. Electrolux received a Gold Class label as the leader of the durable household products sector. Key differentiating factors in this sector, according to RobecoSAM, are innovation, quality, and branding. Leading companies have also actively managed safety and environmental issues throughout the product life cycle.
In December 2012, non-profit organization Climate Counts ranked Electrolux as one of the world's leading consumer goods companies in terms of addressing climate change. Electrolux shared the third best score among 145 consumer brands. The companies were assessed on a 100-point scale based on 22 criteria. These criteria measured efforts to assess the companies' climate footprint, reduce greenhouse gas emissions, support progress on climate legislation, and communicate their efforts to consumers.
"Sustainability is an integral part of everything we do at Electrolux, from improving the eco-efficiency of our appliances to reducing the carbon footprint of our manufacturing facilities. These recognitions by leading ratings institutes are clear evidence that Electrolux is a good choice for consumers and investors alike," said Henrik Sundstroem, Vice President Group Sustainability Affairs at Electrolux.
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