We want to reduce our direct and indirect environmental impact – and we need money to help make that happen. So in 2020 we launched our own ‘green bond framework’ in alignment with the latest Green Bond Principles.
This action means we can pursue the funding required for projects that can help us contribute to a more sustainable future. All projects will be defined to support the UN’s Sustainable Development Goals and the Paris Climate Agreement.
Such projects may include investments in R&D to improve the energy or water efficiency of appliances, development of recycled materials, reduced use of refrigerants with high greenhouse warming potential, switching to 100% renewable energy at Electrolux factories, and more.
Going forward, we’ll publish an annual Green Bond Impact Report to enable investors and other stakeholders to follow developments and get insights into how we’re using the green bond proceeds.
Better Living action plan
The Better Living action plan by Electrolux Group is a range of actions to support our goals within the domains of better eating, better clothing care, and better wellbeing at home. It also encompasses how Electrolux Group can better its own operations. If you have any questions, please write to us at: firstname.lastname@example.org