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Annual Report 2014 CEO statement Sustainability governance Strategic priorities Performance and progress Snapshots GRI & UNGC

About the report

Being transparent about how the Group measures, manages and integrates its sustainability priorities into its business is an important part of the annual reporting process.

GRI application level

Based on a materiality process, the Group's sustainability reporting focuses particularly on the issues most relevant to the company, and is geared to the information needs of different stakeholders.

Annual report

Sustainability information is integrated throughout the printed Annual Report. Targeted to shareholders and other stakeholders, the focus is on how sustainability issues relate to the business strategy, as well as goals and performance.

On-line annual report

The Electrolux annual sustainability report is built around the GRI framework for sustainability reporting and is included in the on-line Annual Report. It is third-party assured.

Reporting realm

This report is based on the Global Reporting Initiative (GRI) framework 3.1. It is in accordance with Application Level B+, reviewed by a third party to ensure the accuracy and completeness of reporting. The GRI Index leads readers to information on each management approach and relevant indicator under the areas of Economic performance, Environment, Labor practices, Human rights, Product responsibility and Society. There is no applicable sector supplement for Electrolux.

Where relevant, this report also highlights how the Group's priorities reflect its commitment to the ten principles of the UN Global Compact. Electrolux has therefore considered the UN Global Compact "GC Advanced" level for reporting on its Communication on Progress. An index of the UNGC's 24 criteria is included in this report.

Unless otherwise indicated, standard disclosures include all operations that can potentially affect Group performance.

Boundary of the report

Data has been collected over the 2014 calendar year. This report covers 54,129 (50,427).employees at year end, encompassing majority-owned operations, or 53 (57) factories, 30 (43) warehouses and 31 (43) offices, in 36 (40) countries: It represents 91% (83)% of the total number of employees at year end. Staff working at facilities with less than 30 employees is not included in this compilation. The total average number of employees decreased by 1% during 2014. Electrolux products are sold in over 150 markets globally.

To compensate for changing structure, data for divested operations i.e. Husqvarna has been excluded. Minor changes to historical data may also have been made when it has been found incorrect to improve quality of indicators.

Energy reductions performance was calculated according to World Resources Institute (WRI). Electricity emissions factors were updated according to the 2014 data set as published by the International Energy Agency (IEA). For accuracy, emission factors used in this report are from 2011. Wherever possible, Electrolux reports on its performance indicators covering the last five years.

Health and safety statistics are based on local definitions in terms of what constitute a workplace injury and a lost day due to injury.

The company's previous sustainability report was published in March, 2014.

External assurance

This report is third party assured. See the enclosed Assurance Statement for information on the scope of assurance.

For more and continuously updated information on the Group's progress and performance in regards to sustainability issues, visit www.electrolux.com/sustainability.

Or contact:

Electrolux Sustainability Affairs
Henrik Sundström
Vice President of Sustainability Affairs
Tel: +46 (0) 8 738 60 00
E-mail: sustainability@electrolux.se

Assurance statement (from PwC)