BENTON
HARBOR, Mich., Dec. 11,
2023 /PRNewswire/ -- Whirlpool Corporation (NYSE:
WHR) announced today that it has been named to the 2023 Dow Jones
Sustainability World Index (DJSI) in recognition of the company's
dedication to responsible and ethical business practices. This
marks the second consecutive year Whirlpool Corp. has been named to
the World Index. The company is also on the North America Index for
the 17th year.
"For 112 years we have held ourselves to the highest ethical
standards in our business operations, and we are proud of our long
history of purposeful innovation, sustainable operations and local
community engagement," said Marc
Bitzer, chairman and CEO of Whirlpool Corporation.
"Receiving this recognition once again validates the efforts of our
thousands of employees and their dedication to our vision of
improving life at home."
Whirlpool Corp. advanced its environmental, social and
governance (ESG) strategy, reaching Zero Waste to Landfill (ZWtL)
gold or platinum level at 100% of its large global manufacturing
sites in 2022, a goal set in 2012. Zero Waste to Landfill is part
of the company's ongoing commitment to World Class Manufacturing,
the foundation for the company's sustainable manufacturing journey.
Whirlpool Corp. continues to invest in plant efficiency and waste
reduction by working closely with recycling and sustainability
organizations to find new, innovative ways to eliminate waste and
contribute to the circular economy.
To further reduce the company's environmental footprint,
Whirlpool Corp. has increased its focus on renewable energy. In
2022, two Virtual Power Purchase Agreements (VPPAs) were activated,
which, when fully operational, are expected to yield renewable
energy to cover 100% of electricity consumption by U.S. plants. In
addition, four North American manufacturing facilities now feature
nine wind turbines that source the equivalent of approximately
2,300 homes' electricity use for one year. For each wind turbine,
one $5,000 megawatt scholarship is
given in Whirlpool Corporation's name for STEM education per year
in use.
As part of their 24 year relationship, Whirlpool Corp. supports
Habitat for Humanity's BuildBetter with Whirlpool program, an
initiative dedicated to building more than 250 climate-resilient
and energy efficient homes across the U.S. To help further reduce
utility bills for Build Better with Whirlpool homeowners, the
company added high-efficiency dishwashers to the refrigerators and
ranges already included in each build. Whirlpool Corp. dishwashers
are three to four times more water-efficient than hand washing,
saving over 2,500 gallons of water per home per
year.1 In addition, Whirlpool Corp. surpassed the
$125 million milestone for in-kind
donated product to Habitat for Humanity International in 2023.
Since 1999, Whirlpool Corp. has donated more than 241,000 major
home appliances to nearly 197,000 Habitat households across the
U.S.
As a result of these and other ESG initiatives, Whirlpool Corp.
has received additional recognition over the past year, including
being named one of America's Most JUST Companies for 2023, one of
Fortune's Most Admired Companies for the Thirteenth Consecutive
Year in 2023 as well as inclusion on the U.S. News & World
Report Best Companies to Work For in 2023.
The DJSI, including the Dow Jones Sustainability World Index
(DJSI World), were launched in 1999 as the pioneering series of
global sustainability benchmarks available in the market. The index
family is comprised of global, regional and country benchmarks.
About Whirlpool Corporation
Whirlpool Corporation
(NYSE: WHR) is committed to being the best global kitchen and
laundry company, in constant pursuit of improving life at home. In
an increasingly digital world, the company is driving purposeful
innovation to meet the evolving needs of consumers through its
iconic brand portfolio, including Whirlpool,
KitchenAid, Maytag, Consul, Brastemp,
Amana, Bauknecht, JennAir, Indesit,
Yummly and InSinkErator. In 2022, the company
reported approximately $20 billion in
annual sales, 61,000 employees and 56 manufacturing and technology
research centers. Additional information about the company can be
found at WhirlpoolCorp.com.
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1 Based on favorable water and energy use comparison
against KitchenAid Model No. KDTM354ESS, which was compared to
manual handwashing among 40 study subjects using conditions and
assumptions set forth in Gabriela Y Porras et al 2020 Environ. Res.
Commun. 2 021004. Assumes 215 cycles/year.
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SOURCE Whirlpool Corporation