Electrolux Group has once again been recognized for its
leadership in corporate transparency and performance on climate
change by global environment non-profit CDP, achieving an "A"
score.
STOCKHOLM, Feb. 6, 2024 /PRNewswire/ -- Electrolux Group is
one of a small number of companies that achieved an ''A'' – out of
more than 21,000 companies scored. * This is the seventh time
Electrolux Group has achieved an A score for the CDP
Climate.
CDP's annual environmental disclosure and scoring process is a
widely recognized measure of strong corporate environmental
transparency. The NGO holds the largest environmental database in
the world, and CDP scores are widely used to drive investment and
procurement decisions towards a zero carbon, sustainable and
resilient economy. In 2023, over 740 financial institutions with
over US$ 136 trillion in assets
requested companies to disclose data on environmental impacts,
risks and opportunities through CDP's platform.
"This is a fantastic achievement and recognition of everyone's
efforts at Electrolux Group. We all contribute to reducing our
climate impact through everything from using less energy in our
operations, to designing and selling more efficient products to
consumers. But we cannot do this alone, and we need to continue to
partner throughout the value chain," says Elena Breda, Chief Technology &
Sustainability Officer.
"Earning a place on the A List is about more than the score.
It's an indication of high quality, complete data that equips
companies with a holistic view of their environmental impact,
serves as a baseline for transition plans and – crucially – enables
them to follow through on their ambitions," says Sherry Madera, CEO of CDP.
Electrolux Group is continuing its work to tackle climate change
and recently announced its second science-based climate target to
reduce greenhouse gas emissions in products and operations, in
support of the Paris climate
agreement. The new target, which comes after the Group achieved its
previous science-based target three years ahead of plan, aims to
reduce the company's direct and indirect emissions resulting from
its own operations (scope 1 and 2) by 85% between 2021 and 2030 (a
97% reduction by 2030 compared to 2015). It also aims to reduce the
Group's absolute scope 3 emissions (use of sold products,
materials, transport of products and business travel) by 42%
between 2021 and 2030.
CDP is an international non-profit that runs a global disclosure
system for investors, companies, cities, states and regions to
manage their environmental impacts. Thousands of companies submit
annual climate disclosures to CDP for independent assessment
against its scoring methodology. Read more here.
Source: *Based on data reported through CDP's 2023 Climate
Change questionnaire.
CONTACT:
For further information, please contact Electrolux Press
Hotline, +46 8 657 65 07.
The following files are available for download:
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CDP A List
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