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.
In 2020, the Carbon Disclosure Project (CDP) asked companies to provide data about their efforts to reduce greenhouse gas emissions and mitigate climate change risk. Responding companies are scored across four key areas: disclosure; awareness; management; and leadership. This company received a CDP Climate Change Score of A.
Source: CDP (2020)
In 2020, the Carbon Disclosure Project (CDP) asked companies to provide data about their efforts to manage and govern freshwater resources. Responding companies are scored on six key metrics: transparency; governance & strategy; measuring & monitoring; risk assessment; targets & goals; and value chain engagement. This company received a CDP Water Security Score of A.
Source: CDP (2020)
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: Baptist World Aid Australia (2016)
This company received an S&P Global ESG Score of 76/100 in the Household Durables category of the S&P Global Corporate Sustainability Assessment, an annual evaluation of companies' sustainability practices (last updated 7 Feb 2021). The rankings are based on an analysis of corporate economic, environmental and social performance, assessing issues such as corporate governance, risk management, environmental reporting, climate strategy, human rights and labour practices.
Source: S&P Global (2021)
The Chinese government has facilitated the mass transfer of Uyghur and other ethnic minority citizens from the far west region of Xinjiang to factories across the country. Under conditions that strongly suggest forced labour, Uyghurs are working in factories that are in the supply chains of at least 83 well-known global brands in the technology, clothing and automotive sectors, including brands owned by this company. The Australian Strategic Policy Institute's 2020 report estimates (somewhat conservatively) that more than 80,000 Uyghurs were transferred out of Xinjiang to work in factories across China between 2017 and 2019, and some of them were sent directly from detention camps.
Source: ASPI (2020)
This company received a score of 10.8/100 (retrieved 10-Oct-2020) in the Corporate Information Transparency Index (CITI), a system for evaluating supply chain practices in China, particularly in regards to environmental management and water pollution. Scores are calculated using government compliance data, online monitoring data, and third-party environmental audits, as well as trends in the environmental performance of factories in the company's supply chains.
Source: IPE (2020)
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: news article (2016)
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: We Mean Business (2017)
This company has extensive sustainability claims on its website including outcomes to date and targets to halve their CO2 Impact by 2020 (from 2005 levels).
Source: company website (2016)
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: RMI (2019)
California, the UK and Australia have all enacted legislation requiring companies operating within their borders to disclose their efforts to eradicate modern slavery from their operations and supply chains. Follow the link to see this company's disclosure statement.
Source: Modern Slavery Registry (2017)
|Revenue||14.4 billion USD (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 Vacuum Cleaners
Kelvinator Air Conditioners
Kelvinator Fridges & Freezers
Simpson Washing Machines & Dryers
Westinghouse Fridges & Freezers
Westinghouse Ovens & Cooktops
Westinghouse Small Kitchen Appliances