Present a funding solution for climate investments and environmental projects
We have ambitious plans to enable more sustainable living. To help steer us toward our goals, we have created a solution to fund projects that contribute to a better future.
Show me the money
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.
Green bonds enable money to be raised to finance or refinance new or existing projects that have a positive environmental impact. A framework helps keep it transparent by allowing investors to monitor what the money is linked to.
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: sustainability@electrolux.com
© Electrolux
Better Living action plan by Electrolux Group
About Electrolux Group
© Electrolux