TIME And Statista Recognise Husqvarna Group As One Of The World's Most Sustainable Companies

• TIME and Statista recognise Husqvarna Group as one of the world's most sustainable companies in their 2024 ranking. 
• The Group ranks 183 in the 500 companies Doing best for the Earth in 2024 by TIME and Statista, where the world's 5,000 leading companies are evaluated across various sectors. 

TIME and Statista name 500 companies doing best for the Earth, to identify organisations making substantial progress in environmental sustainability. The ranking evaluates companies based on a combination of quantitative and qualitative data collected in, among them Scope 1 and 2 emissions and energy consumption relative to company size, emissions reductions, and proportion of renewable energy used by the company’s operations.

As a qualification for the list, the companies listed at the top have signed on to some of the most respected climate programs, including the 1.5°C target from the Science Based Targets initiative (SBTi), and receive high scores from CDP (formerly the Carbon Disclosure Project). 

With more than 90% of its emissions originating from end-users, Husqvarna Group recognises the critical importance of electrification in reducing its overall carbon footprint. According to Calle Medin, Head of Sustainability at Husqvarna Group:

“Reducing carbon emissions is essential for combating climate change. Our dedication to sustainability drives our innovation and transformation, ensuring we provide low-carbon and resource smart solutions to our customers. Husqvarna Group is proud to be one of the highest-ranked companies in the world, showcasing leadership and dedication to sustainability on a global stage."

Husqvarna Group recognised as one of the world's most sustainable companies by TIME and Statista

Since the base year 2015, Husqvarna Group has reduced its emissions by 51%, while also achieving a 47% growth in business. The company is actively transforming its business model by shifting from petrol to battery-powered products. 

As of 2023, 43% of Husqvarna Group's motorised products are electrified, up from 11% in 2015. The Group aims to electrify two-thirds of its motorised products by 2026.

Founded in 1689, Husqvarna Group has evolved into a global leader in manufacturing innovative products and solutions for managing forests, parks, and gardens. Its diverse product range includes robotic lawnmowers, chainsaws, trimmers, riding lawnmowers, and watering solutions. 

Husqvarna Group is also a leader in equipment and diamond tools for the light construction industry and diamond tools for the natural stone industry. Operating mainly under the global brands of Husqvarna and Gardena, its products and solutions reach consumers and professional users through direct sales, dealers, and retailers across more than 100 countries. 

The net sales by Husqvarna Group in 2023 amounted to SEK 53.3 billion and the Group has approximately 13,800 employees in 40 countries. The headquarter is in Stockholm, Sweden and the company is listed on Nasdaq Stockholm.