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 EU Taxonomy Data Preview

In 2024, Electrolux was subject to the Corporate Sustainability Reporting Directive (CSRD)'s requirements, which mandated the company to publish EU Taxonomy disclosures.

The company reported the eligibility and alignment of Turnover, Capital Expenditure (CAPEX) and Operating Expenditure (OPEX) with the EU Taxonomy, helping assess the extent to which its business activities align with Europe's environmental sustainability goals.

Electrolux has also provided an activity-level breakdown of its EU Taxonomy disclosures. This granular reporting enhances transparency around which economic activities of Electrolux are considered environmentally sustainable and contribute to at least one of the six environmental objectives defined under the EU Taxonomy framework.

Metric (tonnes)2024202320222021 - 2017
Total Taxonomy Aligned A1 Turnover
0000000
Copy restricted. Please purchase to unlock this data.
Copy restricted. Please purchase to unlock this data.
0000000
Total Taxonomy Eligible A Turnover
0000000
Copy restricted. Please purchase to unlock this data.
Copy restricted. Please purchase to unlock this data.
0000000
Total Taxonomy Non-Eligible B Turnover
0000000
Copy restricted. Please purchase to unlock this data.
Copy restricted. Please purchase to unlock this data.
0000000
Metric (tonnes)2024202320222021 - 2017
Total Taxonomy Aligned A1 Opex
0000000
Copy restricted. Please purchase to unlock this data.
Copy restricted. Please purchase to unlock this data.
0000000
Total Taxonomy Eligible A Opex
0000000
Copy restricted. Please purchase to unlock this data.
Copy restricted. Please purchase to unlock this data.
0000000
Total Taxonomy Non-Eligible B Opex
0000000
Copy restricted. Please purchase to unlock this data.
Copy restricted. Please purchase to unlock this data.
0000000
Metric (tonnes)2024202320222021 - 2017
Total Taxonomy Aligned A1 Capex
0000000
Copy restricted. Please purchase to unlock this data.
Copy restricted. Please purchase to unlock this data.
0000000
Total Taxonomy Eligible A Capex
0000000
Copy restricted. Please purchase to unlock this data.
Copy restricted. Please purchase to unlock this data.
0000000
Total Taxonomy Non-Eligible B Capex
0000000
Copy restricted. Please purchase to unlock this data.
Copy restricted. Please purchase to unlock this data.
0000000

This table provides a simplified preview of selected EU Taxonomy data points. To access the complete dataset with full disclosures, detailed breakdowns, and source traceability, create a free account to view purchase options.

Insights into Electrolux's Revenues from Sustainable Activities

In 2024, Electrolux reported EU Taxonomy-eligible revenues of SEK 98.92 billion, representing 72% of its total turnover. Of this amount, SEK 8.48 billion of Electrolux's revenues was classified as EU Taxonomy-aligned, indicating that 6% of the revenue-generating activities undertaken by the company substantially contribute to one or more of the six environmental objectives, meet the Do No Significant Harm (DNSH) criteria, and comply with the Minimum Social Safeguards (MSS).

Electrolux's Taxonomy-Eligible Turnover Over Time

20212022202320240%20%40%60%80%% Taxonomy-Eligible turnover
  • Total Taxonomy Aligned A1 Turnover
  • Total Taxonomy Eligible but Not Aligned A2 Turnover

Have Electrolux's revenues become more sustainable over time?

Compared to the previous year (2023), Electrolux's taxonomy-aligned revenues increased by 20%, highlighting Electrolux's deeper integration of environmentally sustainable activities into its core business model, or improved classification and reporting of those activities under the EU Taxonomy.

How much of Electrolux's revenue is eligible under the EU Taxonomy?

In 2024, Electrolux reported that SEK 98.92 billion of its revenue was eligible under the EU Taxonomy, representing 72% of the company's total turnover. Of this amount, SEK 8.48 billion (6% of total revenue) was classified as Taxonomy-aligned. This means that 66% of Electrolux's revenue is eligible but not aligned, indicating that these activities did not meet the technical screening criteria, failed to comply with the Do No Significant Harm (DNSH) requirements, or lacked evidence of meeting the Minimum Safeguards.

How much of Electrolux's eligible revenue is aligned with the EU Taxonomy?

In 2024, Electrolux reported that SEK 8.48 billion of its revenue was aligned under the EU Taxonomy, representing 6% of its total turnover.

This low alignment highlights either a limited focus on green activities or early-stage adoption of sustainability frameworks, underscoring opportunities for further alignment with EU climate objectives.

Electrolux's Eligibility & Alignment Overview

Total TaxonomyNon-Eligible BTurnover(27.3%)Total TaxonomyAligned A1 Turnover(6.1%)Total TaxonomyEligible but NotAligned A2 Turnover(66.7%)

Electrolux's Contribution to Environmental Objectives

CCMCCAWTRPPCCEBIO0%20%40%60%80%% Taxonomy-Eligible turnover
  • Total Taxonomy Aligned A1 Turnover
  • Total Taxonomy Eligible but Not Aligned A2 Turnover

How is Electrolux's taxonomy-aligned revenue distributed across the EU environmental objectives?

In 2024, Electrolux reported that its taxonomy-aligned revenue was distributed across the following EU environmental objectives:

  • Climate Change Mitigation: 6%
  • Climate Change Adaptation: 0%
  • Sustainable Use and Protection of Water and Marine Resources: 0%
  • Transition to a Circular Economy: 0%
  • Pollution Prevention and Control: 0%
  • Protection and restoration of biodiversity and ecosystems: 0%

How much revenue does Electrolux earn from selling climate-related solutions ?

In 2024, Electrolux reported that SEK 8.17 billion of its total revenue was associated with activities contributing to the EU taxonomy climate-related objectives (Climate Change Mitigation and Climate Change Adaptation). This accounted for 6% of the company's total revenue, indicating that Electrolux has limited exposure on solutions that support climate action through its commercial activities.

Insights into Electrolux's CAPEX from Sustainable Activities

In 2024, Electrolux reported EU Taxonomy-eligible CAPEX of SEK 3.05 billion, representing 66% of its total CAPEX. Of this amount, SEK 421.00 million of Electrolux's CAPEX was classified as EU Taxonomy-aligned, indicating that 9% of the company's investments were directed toward economic activities that substantially contribute to one or more of the six environmental objectives, meet the Do No Significant Harm (DNSH) criteria, and comply with the Minimum Social Safeguards (MSS).

Electrolux's Taxonomy-Eligible Capex Over Time

20212022202320240%20%40%60%80%% Taxonomy-Eligible capex
  • Total Taxonomy Aligned A1 Capex
  • Total Taxonomy Eligible but Not Aligned A2 Capex

Have Electrolux's increased its investment in sustainable activities over time?

Compared to the previous year (2023), Electrolux's taxonomy-aligned CAPEX increased by 28.57%, highlighting Electrolux's strengthened commitment to investing in environmentally sustainable activities or improving how such investments are classified and reported under the EU Taxonomy.

How much of Electrolux's capital expenditure (CAPEX) is eligible under the EU Taxonomy?

In 2024, Electrolux reported that SEK 3.05 billion of its capital expenditure (CAPEX) was eligible under the EU Taxonomy, representing 66% of the company's total CAPEX. Of this amount, SEK 421.00 million (9% of total CAPEX) was classified as Taxonomy-aligned. This means that 57% of Electrolux's CAPEX is eligible but not aligned, indicating that these investments either did not meet the technical screening criteria, failed to comply with the Do No Significant Harm (DNSH) requirements, or lacked evidence of meeting the Minimum Safeguards (MSS).

How much of Electrolux's eligible CAPEX is aligned with the EU Taxonomy?

In 2024, Electrolux reported that SEK 421.00 million of its CAPEX was aligned under the EU Taxonomy, representing 9% of its total capital investment.

This low alignment reflects that Electrolux is beginning to transition its capital allocation toward greener investments, but still retains substantial opportunities for further alignment with sustainability goals.

Electrolux's Eligibility & Alignment Overview

Total TaxonomyNon-Eligible B Capex(34.0%)Total TaxonomyAligned A1 Capex(9.0%)Total TaxonomyEligible but NotAligned A2 Capex(57.0%)

Electrolux's Contribution to Environmental Objectives

CCMCCAWTRPPCCEBIO0%15%30%45%60%% Taxonomy-Eligible capex
  • Total Taxonomy Aligned A1 Capex
  • Total Taxonomy Eligible but Not Aligned A2 Capex

How is Electrolux's taxonomy-aligned CAPEX distributed across the EU environmental objectives?

In 2024, Electrolux reported that its taxonomy-aligned capital expenditure (CAPEX) was distributed across the following EU environmental objectives:

  • Climate Change Mitigation: 9%
  • Climate Change Adaptation: 0%
  • Sustainable Use and Protection of Water and Marine Resources: 0%
  • Transition to a Circular Economy: 0%
  • Pollution Prevention and Control: 0%
  • Protection and restoration of biodiversity and ecosystems: 0%

How much Electrolux is investing in climate-related solutions?

In 2024, Electrolux allocated SEK 418.23 million of its CAPEX to activities contributing to the EU Taxonomy's climate-related objectives (Climate Change Mitigation and Climate Change Adaptation). This represented 9% of the company's total capital expenditure, indicating that Electrolux has only marginally directed its capital expenditure toward climate-related activities, suggesting limited alignment with climate objectives.

Insights into Electrolux's OPEX from Sustainable Activities

In 2024, Electrolux reported EU Taxonomy-eligible OPEX of SEK 3.47 billion, representing 73% of its total operating expenses (OPEX). Of this amount, SEK 599.00 million of Electrolux's OPEX was classified as EU Taxonomy-aligned, indicating that 13% of the company's operating expenses were directed toward economic activities that substantially contribute to one or more of the six environmental objectives, meet the Do No Significant Harm (DNSH) criteria, and comply with the Minimum Social Safeguards (MSS).

Electrolux's Taxonomy-Eligible Opex Over Time

20212022202320240%20%40%60%80%% Taxonomy-Eligible opex
  • Total Taxonomy Aligned A1 Opex
  • Total Taxonomy Eligible but Not Aligned A2 Opex

Have Electrolux's increased its spending in sustainable activities over time?

Compared to the previous year (2023), Electrolux's taxonomy-aligned OPEX increased by 62.5%, highlighting Electrolux's growing commitment to funding sustainable operations or improving how such expenses are classified and reported under the EU Taxonomy.

How much of Electrolux's operational expenditure (OPEX) is eligible under the EU Taxonomy?

In 2024, Electrolux reported that SEK 3.47 billion of its operational expenditure (OPEX) was eligible under the EU Taxonomy, representing 73% of the company's total OPEX. Of this amount, SEK 599.00 million (13% of total OPEX) was classified as Taxonomy-aligned. This means that 60% of Electrolux's OPEX is eligible but not aligned, indicating that these expenditures either did not meet the technical screening criteria, failed to comply with the Do No Significant Harm (DNSH) requirements, or lacked evidence of meeting the Minimum Safeguards (MSS).

How much of Electrolux's eligible OPEX is aligned with the EU Taxonomy?

In 2024, Electrolux reported that SEK 599.00 million of its OPEX was aligned under the EU Taxonomy, representing 13% of its total operational expenditure.

This moderate level of alignment indicates that Electrolux is beginning to shift operational priorities toward greener practices, with room for deeper integration.

Electrolux's Eligibility & Alignment Overview

Total TaxonomyNon-Eligible B Opex(27.0%)Total TaxonomyAligned A1 Opex(13.0%)Total TaxonomyEligible but NotAligned A2 Opex(60.0%)

Electrolux's Contribution to Environmental Objectives

CCMCCAWTRPPCCEBIO0%15%30%45%60%% Taxonomy-Eligible opex
  • Total Taxonomy Aligned A1 Opex
  • Total Taxonomy Eligible but Not Aligned A2 Opex

How is Electrolux's taxonomy-aligned OPEX distributed across the EU environmental objectives?

In 2024, Electrolux reported that its taxonomy-aligned operational expenditure (OPEX) was distributed across the following EU environmental objectives:

  • Climate Change Mitigation: 13%
  • Climate Change Adaptation: 0%
  • Sustainable Use and Protection of Water and Marine Resources: 0%
  • Transition to a Circular Economy: 0%
  • Pollution Prevention and Control: 0%
  • Protection and restoration of biodiversity and ecosystems: 0%

How much of Electrolux's operational budget supports climate-related solutions?

In 2024, Electrolux allocated SEK 618.80 million of its OPEX to activities contributing to the EU Taxonomy's climate-related objectives (Climate Change Mitigation and Climate Change Adaptation). This represented 13% of the company's total OPEX, indicating that Electrolux is moderately integrating climate considerations into its ongoing operations, with potential to scale up climate-aligned spending.