Electrolux Group announced its second science-based climate target

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Electrolux Group CEO Jonas Samuelson

Electrolux Group announced that it has set a new science-based climate target to reduce greenhouse gas emissions in products and operations in support of the Paris climate agreement. The new target comes after the Group achieved its previous science-based target three years ahead of plan. “We’re very proud – says Electrolux Group CEO Jonas Samuelson – to have our second science-based climate target approved at the end of 2023 by the Science Based Targets initiative after achieving our first science-based target three years ahead of plan. We’re focused on keeping up our momentum to drive climate action throughout our value chain”. The new target aims to reduce the company’s direct and indirect emissions resulting from its own operations (scope 1 and 2) by 85% and 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. The target is aligned with the Paris climate agreement, which aims to keep the global temperature rise within 1.5°C this century to avoid the most severe impacts from climate change. Electrolux Group was one of the first 100 companies in the world to set an ambitious climate target approved by the Science Based Targets initiative in 2018. With the new scope 1 and 2 target, the Group will achieve a 97% emission reduction in operations by 2030 compared with 2015. “The new science-based target – explains Elena Breda, Chief Technology and Sustainability Officer at Electrolux Group – will bring us close to zero emissions in operations by 2030, despite the challenging global economic outlook and some manufacturing processes to be addressed together with our suppliers. As approximately 85% of the global climate impact of an appliance is generated when it is in use, therefore by offering resource and energy efficient products is where we can have the greatest positive climate impact and our scope 3 target supports our work on this”.

Electrolux Group CEO Jonas Samuelson