Electrolux AB

Common Name
Electrolux
Country
Sweden
Sector
Consumer Cyclical
Industry
Furnishings, Fixtures & Appliances
Employees
41,000
Ticker
ELUX B
Exchange
NASDAQ STOCKHOLM AB
Description
AB Electrolux (publ), together with its subsidiaries, develops, manufactures, and sells household appliances. The company offers a range of appliances, such as refrigerators, freezers, cookers, dryers...

Electrolux's Climate Target Data Preview

As of 2024, Electrolux has disclosed 2 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 2 absolute reduction targets, signaling the company’s commitment to managing and lowering its carbon footprint over time. The targets span various emissions scopes and time horizons, offering insight into Electrolux ’s climate strategy, ambition level, and alignment with global decarbonization goals.

Target TypeScope of TargetUnitTargetTarget Year
Absolute-based Target
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
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a
2030
Absolute-based Target
Scope 3 - Purchased Goods and Services (Cat. 1), Scope 3 - Upstream Transportation and Distribution (Cat. 4), Scope 3 - Business Travel (Cat. 6), Scope 3 - Use of Sold Products (Cat. 11)
Metric Tonnes of CO2 equivalent (mtCO2e)
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a
2030
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Verified Sources Behind Electrolux’s Climate Targets Data

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a. Electrolux's Annual Report 2024
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Insights into Electrolux's Greenhouse Gas Emissions Pathways

As of 2024, Electrolux has set greenhouse gas (GHG) emissions reduction targets that cover both its operational emissions (Scope 1 and 2) and value chain emissions (Scope 3), offering a comprehensive view of its total carbon footprint. a

Does Electrolux have a target to reduce the emissions from its operations?

As of 2024, Electrolux has set a target to reduce its operational greenhouse gas (GHG) emissions, specifically those from Scope 1 and Scope 2 sources. a

Electrolux's most ambitious operational target is to reduce these emissions by 85% by 2030, compared to a baseline of 103,000 Metric Tonnes of CO2 equivalent (mtCO2e) in 2021. a

As of 2024, Electrolux is ahead of schedule on its operational emissions reduction target, having achieved 42.26% of the planned reduction. a

Electrolux's Operational (Scope 1+2) Emissions Pathway

202120242030030 k60 k90 k120 kBaselineCurrent (-36%)Target 2030 (-85%)

Does Electrolux have a target to reduce the emissions from its value chain?

As of 2024, Electrolux has set a target to reduce its value chain greenhouse gas (GHG) emissions, covering 4 out of the 15 Scope 3 categories defined by the GHG Protocol. a

Electrolux's most ambitious value chain target is to reduce these emissions by 42% by 2030, compared to a baseline of 39,500,000 Metric Tonnes of CO2 equivalent (mtCO2e) in 2021. a

As of 2024, Electrolux is ahead of schedule on its value chain emissions reduction target, having achieved 74.69% of the planned reduction. a

Electrolux's Value Chain (Scope 3) Emissions Pathway

202120242030010 M20 M30 M40 MBaselineCurrent (-31%)
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