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Company Directory - Husqvarna

Company Details - Husqvarna

Husqvarna Logo

Husqvarna

Website

Husqvarna, Sweden

STO: HUSQVB 

ISIN: SE0001661968

Husqvarna is a leading company in the manufacturing of outdoor power products, including lawn mowers, chainsaws, and other gardening equipment. The company is recognized for its innovative designs and quality craftsmanship in landscaping tools.

CCI Score

CCI Score: Husqvarna

41.38

-0.01%

Latest Event

Husqvarna's Alien Lawn Circles Prank

Husqvarna launched an April Fools' Day prank linking mysterious alien lawn circles to its new residential robotic lawn mowers, using humor to promote its product line without any overt political messaging.

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DISSENTER

Husqvarna is currently rated as a Dissenter.

+25 to +44 CCI Score
These companies are vocal in their opposition to authoritarian regimes. They publicly criticize oppressive policies and engage in advocacy efforts to promote accountability and transparency, even if their actions aren’t as extensive as those of Moral Leaders.

Latest Events

  • Husqvarna's Alien Lawn Circles Prank Logo
    APR
    01
    2025

    Husqvarna launched an April Fools' Day prank linking mysterious alien lawn circles to its new residential robotic lawn mowers, using humor to promote its product line without any overt political messaging.

  • Husqvarna Publishes Modern Slavery Act Transparency Statement Logo
    MAR
    01
    2024

    Husqvarna released its Modern Slavery Act Transparency Statement for fiscal years ending December 31, 2022 and December 31, 2023. The document details its comprehensive efforts, including supplier audits, risk assessments, and due diligence measures, to eradicate forced labor and human trafficking in its supply chains. It also highlights the company's commitment to ethical labor practices, adherence to international guidelines, and its established protocols for whistleblowing and supplier accountability, with the statement approved on March 1, 2024.

  • +60

    Labor Relations and Human Rights Practices

    April 2

    Husqvarna’s transparency statement explicitly addresses the prevention of modern slavery by enforcing strict labor policies and audits. The clear communication of their commitment to combating forced labor and child labor through internal controls and supplier audits reflects a strong adherence to progressive human rights practices.

    PDF Husqvarna Modern Slavery Act Transparency Statement for 2022-2023

  • +60

    Supply Chain Ethics

    April 2

    The document outlines rigorous supply chain verification procedures, including regular factory audits and due diligence practices. Husqvarna’s proactive engagement with suppliers through mandatory compliance with their Code of Conduct and Supplier Code of Business Ethics demonstrates a robust and ethical approach to managing supply chain risks related to human rights.

    PDF Husqvarna Modern Slavery Act Transparency Statement for 2022-2023

  • Pavel Hajman Appointed CEO of Husqvarna Group Logo
    MAY
    04
    2023

    Husqvarna Group announced the official appointment of Pavel Hajman as the new CEO. Previously serving as interim CEO since December 2022, Hajman was confirmed after an extensive recruitment process. The statement emphasizes his experience and the company's ongoing transformation, with an aim to strengthen the group and achieve its financial targets.

  • +0

    Executive Political Engagement

    April 2

    The appointment of Pavel Hajman as CEO is a routine leadership transition. While new executive appointments can have political and strategic implications, this announcement did not outline any specific policies or actions that indicate an anti-fascist or authoritarian inclination. The focus remains on business strategy and operational performance without overt political engagement.

    Pavel Hajman appointed CEO of Husqvarna Group

  • Husqvarna Enhances Supply Chain Transparency on Conflict Minerals Logo
    JAN
    01
    2020

    Husqvarna Group has taken proactive steps to address human rights risks in its supply chain by improving traceability on cobalt sourcing, terminating an agreement with a supplier unable to provide traceability, and announcing a due diligence study on conflict minerals including cobalt. These measures aim to better understand and manage environmental and human rights risks associated with conflict minerals from regions such as the DRC.

  • +50

    Supply Chain Ethics

    April 2

    Husqvarna's measures—enhanced transparency, risk assessment leading to supplier termination, and the initiation of a due diligence study—demonstrate a commitment to addressing human rights and conflict mineral risks in its supply chain. Such actions align positively with ethical supply chain practices and help mitigate the risks associated with sourcing materials from conflict-affected regions.

    Human rights & conflict minerals

Corporate Financials

Revenue
2022
$3.19B
Total Assets
2022
$3.75B
Operating Income
2022
$343.50M
Total Equity
2022
$829.00M

Industries

333112
Lawn and Garden Tractor and Home Lawn and Garden Equipment Manufacturing
333991
Power-Driven Handtool Manufacturing
423830
Industrial Machinery and Equipment Merchant Wholesalers
332212
Handheld Power Tool Manufacturing