Energy Efficiency, GHG Emissions, Industrial - March 26, 2024
Electrolux Group Receives SBTi Approval, Adds RE
In early 2024, Electrolux Group, a home appliance manufacturer, had its second science-based climate target approved by the Science-Based Targets initiative after reaching its first target three years ahead of time.
The new target seeks to lower the company's direct and indirect carbon emissions resulting from its operations (Scope 1 and 2) by 85% and absolute Scope 3 carbon emissions (use of sold products, materials, transport of products and business travel) by 42% between 2021 and 2030.
By the end of 2023, 97% of Electrolux Group products with refrigerants had switched to gasses with low global warming potential, which led to recognition in the latest UN Cool Coalition report on the cooling industry.
The Electrolux Group sourced 60% of all energy used in its operations from renewable sources in 2023.
As detailed in the Electrolux Group Sustainability Report 2023, the company’s carbon emissions from operations (Scope 1 and 2) were reduced by 33% since 2021. The carbon emissions from products sold (Scope 3) reduced by 28% compared with 2021.
"Our sustainability performance in 2023 and our new science-based climate target approved in 2024 show that together we continue to build a better company, create better solutions and enable better living," says Elena Breda, Chief Technology & Sustainability Officer at Electrolux Group, in a statement.
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