In a testament to its commitment to sustainability, Electrolux Group, a company based in Forlì, has earned a prestigious spot-on TIME Magazine’s inaugural list of the World’s Most Sustainable Companies 2024. Placing 89th out of 5,000 global enterprises assessed, Electrolux has distinguished itself through its steadfast dedication to various climate initiatives, including the renowned Science Based Targets initiative aimed at limiting global warming to 1.5°C in alignment with the Paris Agreement.
The recognition underscores Electrolux’s proactive stance on environmental stewardship and sustainability integration within its business models. The company has garnered commendable scores from the Carbon Disclosure Project (CDP), reflecting its transparency and robust environmental performance metrics.
Elena Breda, Chief Technology and Sustainability Officer of Electrolux Group, expressed the company’s profound gratitude for the recognition, stating, “This acknowledgment means a lot to us. We continue to leverage scientific data to reduce our carbon footprint while striving to enhance the communities where we operate”. The evaluation process for TIME’s ranking encompassed 5,000 leading global firms across diverse sectors, emphasizing environmental sustainability criteria such as emission targets and energy efficiency. Social sustainability aspects, including diversity initiatives and workplace safety, also factored prominently in the assessment.
TIME Magazine’s initiative aims not only to highlight industry leaders in sustainability but also to encourage corporate responsibility towards building a more sustainable world. Electrolux’s inclusion in this prestigious list serves as a testament to its ongoing efforts in shaping a greener future through innovation and sustainable practices
For Electrolux Group, this accolade marks a significant milestone in their journey towards sustainable excellence, reinforcing their commitment to environmental responsibility and societal impact on a global scale.
