In the news release, Whirlpool Corporation Makes Newsweek's 2016 Green Rankings for Environmental Efforts, issued 21-Jun-2016 by Whirlpool Corporation over PR Newswire, we are advised by the company that the ranking information listed in the first paragraph, first sentence was incorrect and should read "This month, Whirlpool Corporation was named No. 204 on Newsweek's 2016 Green Rankings list" rather than "This month, Whirlpool Corporation was named No. 16 on Newsweek's 2016 Green Rankings list" as originally issued inadvertently. The complete, corrected release follows:
BENTON HARBOR, Mich., June 21, 2016 /PRNewswire/ -- This month, Whirlpool Corporation was named No. 204 on Newsweek's 2016 Green Rankings list, one of the most reputed corporate rankings assessing environmental efforts of the 500 largest publicly-traded companies in the United States based on corporate sustainability and environmental impact.
"This latest recognition speaks to Whirlpool Corporation's leadership in corporate sustainability -- responsibility has always been a core commitment embedded throughout our operations from sustainable manufacturing and supply chain to high performing, lower impact consumer products," said Ron Voglewede, Global Sustainability Director, Whirlpool Corporation. "We are proud to pioneer high performing, lower impact technologies and help our consumers reduce their own environmental footprint."
Whirlpool Corporation's commitment to corporate sustainability begins with manufacturing and supply chain. Recently, the company reaffirmed its zero waste to landfill goal in every manufacturing facility across the globe by 2022. Additionally, in the last year, Whirlpool Corporation has announced three major on-site wind farm projects totaling $31.5 million that will help power various manufacturing plants across Ohio.
On the consumer appliance side, Whirlpool Corporation has received 38 ENERGY STAR® Awards since 1998 -- more than any other appliance manufacturer in the U.S. and Canada. Washers built today use 74 percent less energy and 43 percent less water than those built in 1992, while their capacity has increased by 42 percent.1 Additionally, Whirlpool brand's HybridCare™ dryer merges both heat pump and ventless technologies to solve key challenges when it comes to dryers – energy usage, gentle care for specialty clothing, installation and placement flexibility and eliminating outdoor venting. With the Eco Dry setting, the dryer uses up to 73 percent less energy.2
"In the current global business and political climate, no company can continue to ignore its environmental footprint and there's good news: Newsweek's 2016 Green Rankings show that the world's biggest companies are improving when it comes to energy productivity and in limiting greenhouse gas emissions," said Elijah Wolfson, Senior Editor for Newsweek. "Our hope is that the rankings will propel leaders to start looking at their environmental impact not just in terms of carbon use, but comprehensively, and make the changes necessary to sustain both business growth and environmental viability."
About Whirlpool Corporation
Whirlpool Corporation (NYSE: WHR) is the number one major appliance manufacturer in the world, with approximately $21 billion in annual sales, 97,000 employees and 70 manufacturing and technology research centers in 2015. The company markets Whirlpool, KitchenAid, Maytag, Consul, Brastemp, Amana, Bauknecht, Jenn-Air, Indesit and other major brand names in nearly every country throughout the world. Additional information about the company can be found at WhirlpoolCorp.com, or find us on Twitter at @WhirlpoolCorp.
Newsweek is a premier news magazine and website, bringing high-quality journalism to readers around the globe for over 80 years. Newsweek provides the latest news, in-depth analysis and ideas about international issues, technology, business, culture and politics. In addition to its online and mobile presence, Newsweek publishes weekly English print editions in the United States, Europe/Middle East/Africa and Asia as well as editions in Japanese, Korean, Polish, Serbian, Spanish and Czech. Newsweek is owned by IBT Media. For more information, visit: newsweek.com or corp.ibt.com.
¹ Based on measured efficiency from DOE test procedures
2 Compared to pre-2004 traditional dryers, when paired with a matching washer, normal cycle, electric only
SOURCE Whirlpool Corporation