Electrolux

Electrolux's climate commitments centre on significant emissions reductions across its value chain, aiming for net-zero by 2050.

Carbon Emissions Data:

• 2024: Electrolux reported a total of approximately 44.6 billion kg CO2e. This comprised about 51 million kg CO2e for Scope 1, and approximately 66 million kg CO2e for Scope 1 and 2 combined (using market-based accounting). Scope 3 emissions accounted for the vast majority, at around 44.5 billion kg CO2e.
• 2023: Total emissions were approximately 45.0 billion kg CO2e, with Scope 1 emissions around 61 million kg CO2e and combined Scope 1 and 2 emissions at approximately 69 million kg CO2e (market-based). Scope 3 emissions were around 44.9 billion kg CO2e.
• 2022: Scope 1 and 2 emissions totalled approximately 83 million kg CO2e.
• 2021: Total emissions were approximately 54.4 billion kg CO2e, with Scope 1 emissions around 83 million kg CO2e and combined Scope 1 and 2 emissions at approximately 103 million kg CO2e (market-based). Scope 3 emissions were around 54.3 billion kg CO2e.

Climate Commitments and Reduction Targets:

Electrolux has established Science Based Targets (SBTi) to guide its emissions reduction journey. Key targets include:

• Near-Term Targets (aligned with 1.5°C pathways):

  • Reduce absolute Scope 1 and 2 greenhouse gas (GHG) emissions by 85% by 2030, using a 2021 baseline.
  • Reduce absolute Scope 3 GHG emissions by 42% by 2030, covering purchased goods and services, upstream transportation and distribution, business travel, and the use of sold products, also from a 2021 baseline.
  • Previously, Electrolux had targets to reduce absolute Scope 1 and 2 emissions by 80% by 2025 (from a 2015 baseline) and Scope 3 emissions from the use of sold products by 25% within the same timeframe.

• Long-Term Targets (aligned with net-zero):

  • Achieve net-zero GHG emissions across the entire value chain by 2050, with a 2021 baseline.
  • A longer-term ambition includes reducing absolute Scope 1 and 2 GHG emissions by 90% by 2033 and maintaining at least a 90% reduction from 2033 through 2050, also from a 2021 baseline.

Electrolux's reporting indicates that its Scope 1 and 2 targets are consistent with reductions required to keep global warming to 1.5°C. The company is actively engaged in climate action initiatives to meet these ambitious goals.