Whirlpool Corporation Summary

Brief Description of Company:

Whirlpool Corporation is the world's leading manufacturer and marketer of major home appliances. In 2008, the company had annual sales of approximately $19 billion. Whirlpool employs 70,000 people at almost 70 manufacturing and technology research centers around the world.

Whirlpool Corporation markets global brand names such as Whirlpool, Maytag, KitchenAid, and Consul in nearly every country in the world. By 2015, Whirlpool plans to make all the electronically controlled appliances it produces -- everywhere in the world -- capable of receiving and responding to signals from smart grids. Visit Whirlpool Corporation’s website for more information.


Target:

• In 2003, Whirlpool Corporation became the first appliance manufacturer to announce a global greenhouse gas reduction target, with a goal of reducing emissions 3 percent below 1998 levels by 2008. This goal encompassed not only the company’s direct emissions, but also the much larger emissions associated with use of its products.
• In 2007, Whirlpool Corporation strengthened this target, announcing a new goal of 6.6 percent reductions below 1998 levels by 2012.

BELC Company Targets

CEO:

Jeff M. Fettig


CEO Quote Regarding Climate Change:

“At Whirlpool Corporation we take our environmental responsibilities very seriously.  Just as we have taken a global approach to our home appliance business, we believe our world’s environmental issues, such as climate change, must be addressed in a similarly comprehensive way.  This is why we continue to develop innovative products that minimize their impact on the environment while making our consumers’ lives easier.  We applaud the efforts by the Pew Center to showcase market-based solutions to climate change issues.”