Household appliances manufacturer
Second largest household appliance maker in the world (after Whirlpool). Brands include Electrolux, AEG, Zanussi, Eureka, Frigidaire and Westinghouse. Its Green Range was 13% of products sold in 2014.
CDP's 2016 report "Out of the starting blocks" reveals which companies around the world are doing the most to combat climate change. This company is included on the A List.
[Source 2016][More on Climate Change]
This company was awarded the 'Industry Leader' in the Household Durables category of the 2016 RobecoSAM Sustainability Yearbook. The index is based on an analysis of corporate economic, environmental and social performance, assessing issues such as corporate governance, risk management, branding, climate change mitigation, supply chain standards and labor practices.
[Source 2016][More on Sustainability Reporting]
B- grade in the Baptist World Aid Australia's Behind the Barcode 'Ethical Electronics Guide 2016', which grades companies on their efforts to mitigate the risks of forced labour, child labour and worker exploitation throughout their supply chains. Assessment criteria fall into four main categories: policies, traceability & transparency, monitoring & training and worker rights.
[Source 2016][More on Workers Rights]
In conjunction with a settlement potentially worth as much as $20 million, plaintiffs lawyers in class litigation against Electrolux over allegedly faulty ice makers have been awarded $2.75 million in fees. The matter was heard in a US District court in 2016, and was a consolidation of five separate class suits. Electrolux also settled a class action in 2014 over defective dryers, paying up to $8 million in attorneys' fees and up to $1,300 per fire.
[Source 2016][More on Finance]
As listed on the We Mean Business website, this company has committed to the following climate action initiatives: adopt a science-based emissions reduction target.
[Source 2017][More on Climate Change]
This company is a member of the Responsible Minerals Initiative (formerly the Conflict-Free Sourcing Initiative), which helps companies address conflict minerals issues in their supply chains. The RMI provides information on conflict-free smelters and refiners, common tools to gather sourcing information, and forums for exchanging best practices on addressing conflict minerals. Membership is open to companies that use or transact in tantalum, tin, tungsten or gold (3TG). Founded in 2008 by members of the Electronic Industry Citizenship Coalition and the Global e-Sustainability Initiative.
[Source 2016][More on Multi-Stakeholder Initiatives]
|Company Structure||Public company|
|Revenue||US$14.4 billion in 2014|
|# Employees||60,000 in 2014|
|Subsidiaries||Electrolux Home Products Pty Ltd|
Products / BrandsElectrolux Home Products
AEG Fridges & Freezers
AEG Ovens & Cooktops
AEG Washing Machines & Dryers
AEG Coffee Machines
Chef Ovens & Cooktops
Electrolux Fridges & Freezers
Electrolux Ovens & Cooktops
Electrolux Washing Machines & Dryers
Electrolux Vaccuum Cleaners
Electrolux Small Kitchen Appliances
Hoover Vaccuum Cleaners
Kelvinator Air Conditioners
Kelvinator Fridges & Freezers
Simpson Washing Machines & Dryers
Westinghouse Fridges & Freezers
Westinghouse Ovens & Cooktops