Electrolux takes action on sustainability and food, supporting UN Global Goals

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STOCKHOLM, Sweden–(BUSINESS WIRE)–· Sets up Electrolux Food Foundation with initial SEK 10 million
investment

· Enters Feed the Planet partnership together with Worldchefs and AIESEC

The Electrolux Group today announced actions to focus its social
investments and community activities on food and related sustainability
issues. The ambition is to contribute more in addressing major global
challenges such as hunger, poor nutrition, food waste and responsible
consumption, in support of the United Nations Sustainable Development
Goals.

As a first step, the company is setting up the Electrolux Food
Foundation, creating a long-term platform for funding initiatives in
this area and engaging employees around the world. The initial
investment is SEK 10 million. Electrolux is also joining forces with the
global association of chefs, Worldchefs, and with AIESEC, the world’s
largest youth-led network, in Feed the Planet – a key partnership that
includes commitments to driving a number of food projects over the
coming years.

“Feeding the world’s growing population in a sustainable way is one of
the greatest challenges of our time. We believe Electrolux, as a
world-leader in a kitchen appliances, has a responsibility and
opportunity to contribute on issues related to cooking and food
consumption,” said Jonas Samuelson, President and CEO. “We’ve had a
global approach to the impact of our operations and products for many
years. Now, we’re widening the scope of sustainability to address our
role in society in a more focused way. By working together with
Worldchefs and its 10 million associated chefs, we leverage our
expertise, professional network and global organization to make the most
of our contributions to local communities.”

The objectives are to inspire better food consumption and cooking habits
among consumers and professionals, maximizing sustainable and healthy
choices while contributing to a reduction of negative impacts. Other
aspects are to support people in need – in putting better, more
nutritious food on the table, providing advice on cooking on a tight
budget, offering workplace education and supporting emergency relief
efforts through Worldchefs without Borders.

The first initiative to be financed by the Electrolux Food Foundation
will be the Feed the Planet partnership. Electrolux units can also apply
for funding from the foundation to launch local projects supporting the
objectives.

Given the status and role of chefs today, Worldchefs is uniquely
positioned to set the agenda and convey important messages about the
need for healthy food and sustainable cooking. AIESEC, which is
promoting and driving youth participation in the implementation of the
UN sustainable development goals, will provide volunteers to help manage
projects on the ground.

Charles M. Carroll, President of Worldchefs, said:

“I believe this project is going to change global sustainability as it
relates to the hospitality field. Our main focuses are sustainability
education and awareness campaigns towards both consumers and
professionals, and alleviating poverty through skills development and
humanitarian relief. Electrolux is considered the sustainability leader
in the kitchen appliance industry and in partnering with them, I believe
we can make an impact in these areas and focus in on how they affect our
planet.”

Electrolux sustainability framework, For the Better, includes nine
promises to work for better solutions, better operations and a better
society. By implementing a Group-wide approach to social investment,
Electrolux is seeking to fulfil its promise “Be a Force for Good” in a
way that is also aligned with the UN Sustainable Development Goals. More
specifically, Electrolux hopes to have a positive impact on the goals
Zero Hunger (#2) and Responsible consumption and production (#12). Food
is also a major factor in climate change, meaning this focus area ties
well into Electrolux goal to halve its carbon emissions by 2020.

To read more about related community initiatives, click here (http://www.electroluxgroup.com/better-food-examples/).

To see a video interview with Jonas Samuelson, click here (http://www.electroluxgroup.com/better-food/).

Other links:

www.electroluxgroup.com/forthebetter

www.worldchefs.org

http://aiesec.org/

Or follow us on Twitter, @ElectroluxGroup

Electrolux is a global leader in home appliances and appliances for
professional use, based on deep consumer insight. We offer thoughtfully
designed, innovative and sustainable solutions, developed in close
collaboration with professional users. The products include
refrigerators, ovens, cookers, hobs, dishwashers, washing machines,
vacuum cleaners, air conditioners and small domestic appliances. Under
esteemed brands including Electrolux, AEG, Zanussi, Frigidaire and
Electrolux Grand Cuisine, the Group sells more than 60 million products
to customers in more than 150 markets every year. In 2015, Electrolux
had sales of SEK 124 billion and 58,000 employees. For more information
go to www.electroluxgroup.com

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Contacts

Electrolux
Press Hotline, +46 8 657 65 07.