January 21, 2022
Arçelik, the parent company of appliance brand Beko, has been recognised on the Corporate Knights Global 100 Most Sustainable Corporations ranking for the second year in a row, coming in at number 57.
The 100 Most Sustainable ranking list has been ranking the world’s corporations since 2005 and is based on a rigorous assessment of nearly 7,000 public companies with revenue of more than $1 billion.
It recognises companies that are leading the race to zero emissions, while also delivering superior financial performance, and aims to raise awareness of those that have been able to balance environmental, social and economic performance while delivering superior returns to investors.
Beko’s sustainability ethos centres on the belief that “healthy living is only possible on a healthy planet”. In 2019 and 20220, Arçelik become carbon-neutral and aims to achieve net-zero emissions across its entire value chain by 2050.
Last year, it appeared on the Corporate Knights list at number 33.
In 2021, Arçelik also received HRH The Princes of Wales’s Terra Carta Seal during the COP26 summit in Glasgow in recognition of its commitment to creating a sustainable future as a company.
The company is also said to have achieved the highest score in the DHP Household Durables sector of the Dow Jones Sustainability Index, out of the 20 companies assessed for the rankings.
Commenting on Arçelik’s Corporate Knights 2022 ranking, chief executive Hakan Bulgurlu said: “We are delighted to rank on the Corporate Knights’ 2022 Global 100 Index. As a business, we understand that we have a commitment and a responsibility to sustainability and this recognition continues to spur us on. At Arçelik, we’ve taken great steps on our sustainability journey and are continuing to. We are proud of what we have achieved with all our employees, and our revised commitments to Scope 1, 2 and 3 GHG emissions are a demonstration of that.”
Bulgurlu joined The World Economic Forum Alliance of CEO Climate Leaders in 2021 – a group of global chief executives that are committed to driving cross-sector collaboration to accelerate the transition to a net-zero economy.
In the UK, Beko recently introduced its RecycledTub washing machines and washer-dryers that use recycled plastic bottles in their tubs, and RecycledNet ovens that feature parts made from recycled fishing nets and industrial thread waste.
With over 40,000 employees throughout the world, Turkish-based Arçelik’s global operations include subsidiaries in 49 countries, 28 production facilities in nine countries and 12 brands.
Have something to say? Email the editor