CDP, a non-profit organisation helping companies disclose their environmental impact, has recognised Electrolux for its climate leadership, just as the company signed a new €1bn credit line linked to its sustainability aims.

For the second year in a row, the Swedish home appliance manufacturer has earned a place on CDP’s elite “A List” for tackling water security. The non-profit runs a global system for investors, companies, cities, states and regions, and each year thousands of companies submit their annual climate disclosures for independent assessment against its scoring methodology.Electrolux was among just 118 companies to make the CDP’s shortlist for 2021, picked from more than 3,000 leaders in the market. CDP also awarded it an “A-” score for its climate change work.