Electrolux is a Swedish multinational company that operates in the Household Appliances sector. The company is a leading manufacturer of home appliances such as refrigerators, washing machines, dishwashers, and vacuum cleaners. Electrolux has a global presence with operations in over 100 countries and a workforce of over 50,000 employees.

The company has a strong commitment to sustainability and has set ambitious targets to reduce its carbon footprint. Electrolux has pledged to become carbon neutral by 2050, and it has set interim targets to reduce its carbon emissions by 50% by 2025 and 80% by 2030. The company is committed to decarbonisation and has implemented several initiatives to reduce its carbon footprint.

One of the key initiatives that Electrolux has implemented is the use of renewable energy. The company has set a target to source 100% of its electricity from renewable sources by 2030. Electrolux has already made significant progress towards this target, and in 2020, 42% of its electricity came from renewable sources. The company has also invested in renewable energy projects, such as wind farms and solar power plants, to increase its renewable energy capacity.

Electrolux has also implemented a corporate energy strategy to reduce its energy consumption and improve energy efficiency. The company has set a target to reduce its energy consumption by 15% by 2025. Electrolux has implemented several energy-saving measures, such as the use of energy-efficient lighting and HVAC systems, to achieve this target. The company has also implemented an energy management system to monitor and manage its energy consumption.

Another initiative that Electrolux has implemented to reduce its carbon footprint is the use of corporate power purchase agreements (PPAs). A corporate PPA is a long-term contract between a company and a renewable energy provider to purchase renewable energy at a fixed price. Electrolux has signed several corporate PPAs with renewable energy providers to increase its renewable energy capacity and reduce its carbon emissions.

Electrolux has also implemented several initiatives to reduce its carbon emissions in its supply chain. The company has set a target to reduce its supply chain emissions by 25% by 2030. Electrolux is working with its suppliers to implement energy-saving measures and reduce their carbon emissions. The company has also implemented a sustainability rating system for its suppliers to encourage them to improve their sustainability performance.

In addition to its sustainability initiatives, Electrolux is also committed to innovation and product development. The company has a strong focus on creating products that are energy-efficient and sustainable. Electrolux has developed several innovative products, such as its UltraFlex vacuum cleaner, which is designed to be energy-efficient and reduce energy consumption.

Electrolux has also implemented a circular economy strategy to reduce waste and promote the reuse and recycling of materials. The company has set a target to increase the use of recycled materials in its products to 50% by 2030. Electrolux is working to design products that are easier to repair and recycle and has implemented a take-back program to collect and recycle its products at the end of their life.

In conclusion, Electrolux is a leading manufacturer of home appliances that is committed to sustainability and decarbonisation. The company has set ambitious targets to reduce its carbon footprint and has implemented several initiatives to achieve these targets. Electrolux is focused on using renewable energy, reducing energy consumption, implementing corporate PPAs, and reducing carbon emissions in its supply chain. The company is also committed to innovation and product development and has implemented a circular economy strategy to reduce waste and promote the reuse and recycling of materials. Electrolux is a great example of a company that is committed to sustainability and is taking action to reduce its impact on the environment.