Electrolux 2014 Annual Report Download - page 33

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Stakeholders and society
Electrolux endeavors to be a responsible, open and honest
societal partner. As a signatory of the UN Global Compact,
Electrolux is committed to promoting the ten principles
covering human rights, labor standards, environment and
anti-corruption along its value chain.
As part of the company’s responsible sourcing initiatives,
Electrolux carried out  supplier audits in .
Responsible sourcing
Number of findings
0200 400 600 800 1,000 1,200
Minor findings
Major findings
Critical findings
Zero tolerance
Initial audit
Follow-up audit
Global Green Range
Consumer products with the best environmental
performance accounted for % of total sold
units and % of gross profit.
%
0
5
10
15
20
25
30
Share of units sold
Share of gross profit
Products, services and markets
The Group’s most significant environmental impact is carbon-dioxide
emissions deriving from generating electricity during the usage of prod-
ucts. To build increased consumer awareness of the value of efficient
appliances, Electrolux focuses on efficiency and other sustainability
benefits in marketing across the Group.
Sustainability is one of four prioritized areas in product development.
At least one-third of the product development spend is environmentally
related. Electrolux offers a Green Range of the most efficient products
to meet the increasing demand for energy and cost-efficient appliances.
In , the Green Range represented % of products sold and %
of gross profit.
The Group’s  objective is to eliminate all high-impact green-
house gases.
People and operations
The Electrolux Foundation, the Group’s principle of conduct,
covers three areas: Respect and Diversity, Ethics and Integrity,
and Safety and Sustainability. These principles govern the
Group's operations.
Sustainability targets are set relative to the Group’s objec-
tive to grow its business by at least % per year. Efficient use
of resources has the dual benefit of cost savings and sustain-
ability advantages. Through the Green Spirit program, which
is an integral part of the Electrolux Manufacturing System,
objectives are set to continuously reduce resource consump-
tion and waste.
Electrolux work towards the  target to reduce energy
consumption by % compared to , in relative terms,
continues and is on track. In , energy consumption was
reduced by .% compared to .
In , the Electrolux Workplace Code of Conduct was
updated to align with the UN Guiding Principles on Business
and Human Rights. Educational activities throughout the orga-
nization will follow in . Electrolux has a global Ethics Pro-
gram, encompassing both ethics training and a whistleblowing
system – the Electrolux Ethics Helpline.
In , and for the eight consecutive year, Electrolux was recognized as leader of its industry sector
in the prestigious Dow Jones Sustainability World Index. Sustainability leadership requires a clear
vision, strong organizational alignment and global commitment.
Cutting CO impact
Average CO impact during the lifetime of an appliance*
Recycling  %
Materials  %
Manufacturing  %
Transportation  %
Product usage  %
-%
Electrolux is cutting its CO impact by % by
 relative to  production levels. Approxi-
mately  million tonnes will be cut in emissions
deriving from product use, use of greenhouse
gases, in production and transportation.
*Calculated as the average of eleven different appliances.
ELECTROLUX ANNUAL REPORT 