Sustainability Report 2007
Electrolux has been recognized globally by government and non-governmental organizations and investors for our social and environmental performance. Several indices rank Electrolux highly, including the Dow Jones World Index and the UK-based FTSE4Good Series.
DJSI World Index
The only manufacturer of major household appliances to qualify, Electrolux is a constituent of the prestigious Dow Jones Sustainability World Index (DJSI). This places us within the top 10% of the 2,500 companies included in the Dow Jones Global Indexes with regard to long-term economic, environmental and social performance. Total assets under management in DJSI-based investment vehicles amount to €3.6 billion.
Socially responsible investors
Several other socially responsible investment indices feature the Electrolux Group:
FTSE4Good Series, UK. The FTSE4Good selection criteria hold that constituent companies must demonstrate envi-ronmental sustainability, positive relationships with stakeholders and universal human rights.
Oekom Research, Germany. An advisor to investor and financial service providers, Oekom research currently informs around 85 billion Euros in assets under management.
Global Climate 100 Index, USA. A specialty index designed in partnership between KLD Research and Analytics and the Global Energy Network Institute (GENI) to promote investment in companies whose activities demonstrate the greatest potential for mitigating immediate and long-term causes of climate change.
Sustainable Energy Europe
In 2006, Electrolux received the "Best Corporate Commitment" award from the European Commission as part of its Sustainable Energy Europe campaign 2005-2008. The aim is to build public support in reaching European energy policy targets on renewable energy sources, energy efficiency, clean transport and alternative fuels. Campaign part-ners include companies, NGOs and local, regional and national authorities. Electrolux is a partner in the campaign.
Recognition in Sustainability Yearbook
Electrolux received mention as a Gold Class Member, Sector Mover and Sector Leader in a yearly reference work "The Sustainability Yearbook"published by Sustainable Asset Management (SAM). SAM is among the world’s leading institutions specialising in sustainability investments and manages the foremost indexes on corporate sustainability, the Dow Jones Sustainability Indexes.
- As a SAM Gold Class company, Electrolux is recognized for achieving a score of 79% in SAM’s evaluation of the Group’s environmental and social performance – a jump from 68% the previous year. Environmental performance was an area of particular strength.
- Since Electrolux demonstrated the greatest relative progress in its sector, the company was also awarded the title SAM Sector Mover.
- As announced in the third quarter of 2007, Electrolux was awarded Sector Leader and selected for inclusion as a constituent of the Dow Jones Sustainability World Index.
SAM analyzed the sustainability performance of the top-scoring 15% of the 2,500 largest companies as ranked by the Dow Jones Global Indexes.
