Independent Accountants’ Review Report
To the Board of Directors and Management of Whirlpool Corporation:
We have reviewed the Whirlpool Corporation (“Whirlpool”) Schedule of Select Sustainability Metrics (the“Subject Matter”) included in Exhibit A for the year ended December 31, 2020 in accordance with the criteria set forth in Exhibit A (the “Criteria”). Whirlpool’s management is responsible for the Subject Matter included in Exhibit A in accordance with the Criteria. Our responsibility is to express a conclusion on the Subject Matter based on our review.
Our review was conducted in accordance with attestation standards established by the American Institute of Certified Public Accountants (AICPA) AT-C section 105, Concepts Common to All Attestation Engagements, and AT-C section 210, Review Engagements. Those standards require that we plan and perform our review to obtain limited assurance about whether any material modifications should be made to the Subject Matter in order for it to be in accordance with the Criteria. A review consists principally of applying analytical procedures, making inquiries of persons responsible for the Subject Matter, obtaining an understanding of the data management systems and processes used to generate, aggregate and report the Subject Matter and performing such other procedures as we considered necessary in the circumstances. A review is substantially less in scope than an examination, the objective of which is to obtain reasonable assurance about whether the Subject Matter is in accordance with the Criteria, in all material respects, in order to express an opinion. Accordingly, we do not express such an opinion. A review also does not provide assurance that we became aware of all significant matters that would be disclosed in an examination. We believe that our review provides a reasonable basis for our conclusion.
In performing our review, we have also complied with the independence and other ethical requirements set forth in the Code of Professional Conduct and applied the Statements on Quality Control Standards established by the AICPA.
As described in Exhibit A, the Subject Matter is subject to measurement uncertainties resulting from limitations inherent in the nature and the methods used for determining such data. The selection of different but acceptable measurement techniques can result in materially different measurements. The precision of different measurement techniques may also vary.
Based on our review, we are not aware of any material modifications that should be made to the Schedule of Select Sustainability Metrics for the year ended December 31, 2020, in order for it to be in accordance with the Criteria.
March 4, 2021
Greenhouse Gas (GHG) Emissions2, 3
|Metric tonnes carbon dioxide equivalent (“mtCO2e”)
|World Resources Institute (“WRI”) / World Business Council for Sustainable Development’s (“WBCSD”) The Greenhouse Gas Protocol: A Corporate Accounting and Reporting Standard (GHG Protocol)
|Scope 2 GHG Emissions (Location-based method)3, 4
|WRI WBCSD GHG Protocol Scope 2 Guidance
|Scope 2 GHG Emissions (Market-based method)3, 4
|WRI WBCSD GHG Protocol Scope 2 Guidance
|Scope 3 GHG Emissions, Category 11 Use of Sold Products5, 6
|WRI WBCSD GHG Protocol Corporate Value Chain (Scope 3) Accounting and Reporting Standard
Note: The Subject Matter is subject to measurement uncertainties resulting from limitations inherent in the nature and the methods used for determining such data. The selection of different but acceptable measurement techniques can result in materially different measurements. The precision of different measurement techniques may also vary.
1 The reporting boundary of the Subject Matter within the schedule includes global manufacturing facilities and distribution centers with total area equal to or greater than 500,000 square feet under the operational control of Whirlpool.
2 Scope 1 emissions capture energy consumption other than electricity and steam at the facilities within the reporting boundary. Whirlpool references the following emission factors in the Scope 1 emissions calculation: 2019 Brazilian Greenhouse Gas Protocol and 2018 US Environmental Protection Agency (“EPA”) Emission Factors for Greenhouse Gas Inventories.
3 For distribution centers where actual data cannot be obtained, Whirlpool calculates an internal intensity factor based on actual data from other reporting distribution centers and extrapolates based on square footage.
4 Scope 2 emissions capture electricity and steam energy consumption at the facilities within the reporting boundary. Whirlpool references the following emission factors in the Scope 2 emissions calculation: 2019 Brazilian Greenhouse Gas Protocol, 2018 US EPA Emission Factors for Greenhouse Gas Inventories, 2020 US EPA Emissions & Generation Resource Integrated Database (“eGRID”) emission factors and 2020 release of the International Energy Agency (“IEA”) Emission Factors referencing the 2018 factors.
5 Scope 3 Category 11 emissions reporting boundary includes air treatment, cooking, dishwashers, laundry and refrigeration product categories (defined as “large appliances”) shipped as of December 31, 2020 and excludes small domestic appliances, accessories or filters. Whirlpool references the following emission factors in the Scope 3 emissions calculation: 2018 US EPA Emission Factors for Greenhouse Gas Inventories and 2020 release of the IEA Emission Factors referencing the most recent factor available for each country.
6 Use of Sold Product emissions are calculated using the assumption that the useful life of large appliances is 10 years.