STOCKHOLM, Dec. 8, 2020 /PRNewswire/ -- Electrolux has
been recognized for its sustainability leadership with a
prestigious double "A" score by the global non-profit CDP.
Electrolux is one of few companies to receive top marks both for
its efforts to tackle climate change and acting to protect water
security. For five years Electrolux has been on the CDP climate A
list, whilst the place on the water A list is a first.
CDP's annual environmental disclosure and scoring process is a
widely recognized measure of strong corporate environmental
transparency. Over 5 800 businesses were scored based on data
submitted through CDP's questionnaires in 2020. CDP said the double
"A" signifies environmental leadership through significant
demonstrable action on climate change and water security risks.
"Our overall sustainability framework is aligned with the UN
Sustainable Development Goals and represents our strong commitment
to contribute to key global challenges. We are pleased to be
recognized by CDP for our actions to tackle climate change, address
water security risks and meet our ambitious climate targets," said
Henrik Sundström, Vice President for Sustainability Affairs at
Electrolux.
Notable activities this year include Electrolux stepping up its
commitment to climate action by introducing a plan to replace
high-impact greenhouse gases in all of its appliances by 2023, in
support of the Paris climate
agreement. Electrolux has also decided to base part of the
remuneration to senior managers on targets for the successful
reduction of greenhouse gas emissions. This is done by linking part
of the Group's long-term incentive (LTI) program to its
science-based targets.
To further drive global action on water security, Electrolux has
joined the recently launched 50L Home Coalition. Businesses,
governments and organizations such as the World Economic Forum have
joined forces to drive development of innovative solutions for
responsible water usage in homes. Electrolux will work with WWF to
further develop its work on water stewardship and update the
company's context-based water roadmap and targets.
CDP is an international non-profit that runs a global disclosure
system for investors, companies, cities, states and regions to
manage their environmental impacts. Thousands of companies submit
annual climate disclosures to CDP for independent assessment
against its scoring methodology. The Climate A List, the Water A
List and Forests A List are released on CDP's website, accompanied
with case studies from leading companies. Read more here.
For further information, please contact Electrolux Press
Hotline, +46 8 657 65 07.
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https://news.cision.com/electrolux/i/cdp-a-list,c2858372
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CDP A List
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