Electrolux Selected for UN Global Compact 100 Index

Electrolux has for the second year running been included as a constituent in the Global Compact 100, a stock index composed of companies that have signed the United Nations Global Compact.

UN Global Compact said the GC 100 is composed of a representative group of companies with “strong practices and performance in adhering to the principles of the UN Global Compact around the management of human rights, labor rights, the environment, and anti-­corruption.” Selected companies also show “evidence of executive leadership commitment and consistent base-­line profitability.”

The index, which was launched in 2013 in partnership with research firm Sustainalytics, is now a real-­time, quoted index appearing alongside other global financial data on Bloomberg investor terminals. It has shown a 21.8% return in the 12 months since it was created, the UN Global Compact said.

The Electrolux Group sells more than 50 million products to customers in more than 150 markets every year. In 2013 Electrolux had sales of SEK 109 billion and 61,000 employees.


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CORONAVIRUS UPDATE:

Laundrylux is closely monitoring all updates provided by the CDC and other public health agencies following the recent coronavirus outbreak. The safety and well-being of our employees, customers, and the community at large is our top priority in these critical times. Many major cities, counties, and states across the country have declared laundromats an “essential service” to ensure that communities have access to laundry facilities.

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