Electrolux wins sustainability top spot

Electrolux wins sustainability top spot

The Swedish appliances giant has come out as the most sustainable Swedish company making consumer goods in a new ranking system

Electrolux

A multi-national based in Stockholm, Electrolux was founded at the end of the First World War, in 1919. 

Electrolux has come first in the consumer goods category in this year's Swedish Ranking Sustainable Companies, sharing the top spot with H&M, which won the clothing category. This new sustainability ranking was developed by Swedish newspapers Dagens Industri and Aktuell Hållbarhet together with Lund University, to measure how well Swedish listed companies work with sustainability.
 
'Acting sustainably is an important part of our company ethos, Shape Living for the Better,' says Henrik Sundström, head of sustainbility affairs at Electrolux. 'Sustainability is at the heart of everything we do so we're very honored to be recognized as one of Sweden’s most sustainable companies. It gives us new energy to increase our efforts to helping consumers to live more eco friendly lives.'
 
The ranking includes OMX Nasdaq listed companies that belong to the three GICS industry groups: Capital goods, Consumer goods and clothes as well as Materials. The ranking is based on several different parts. In addition to mapping information from corporate reports and websites, companies have responded to a survey about their work with the UN Sustainability development goals, environment, climate, human rights, anti-corruption and employee issues. The ranking has been carried out by the School of Economics at Lund University together with an advisory board.
 
2018 also saw Electrolux, for the 12th consecutive year, be named industry leader in the household durables category in the prestigious Dow Jones Sustainability World Index (DJSI World). 
 
 
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