Swedish home appliance manufacturer Electrolux says it aims to raise the share of recycled steel and plastic by weight used in its product manufacturing to 35% by 2030. This adds steel to the target for the first time and almost doubles the weight of recycled materials versus the previous target.
Steel and plastic are Electrolux’s two most highly used materials by weight. Adding steel to the target increases the material in scope to more than 40% of all material purchased by the group – around three times what was in the scope of the previous target, the firm notes.
In 2024, carbon steel accounted for 37% of Electrolux’s raw materials purchases, with stainless steel comprising 12%. It consumed 633,000 tonnes of steel overall in 2024, up 8% on-year, according to its 2024 annual report monitored by Kallanish.
The firm has signed an initial agreement with a European steel supplier for a more sustainable steel option, with the first delivery scheduled by the end of 2026. This steel will be produced with electricity from fossil-free sources and green hydrogen instead of coal, it says without revealing the name of the supplier. Stegra previously named Electrolux as one of its early customers.
