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Beko has released its 16th Sustainability Report, underlining its commitment to enhancing ESG standards in the white goods industry. The theme, 'Sustainability at Heart: Where 'Feels Like Home' Begins,' emphasizes Beko's initiatives in green energy utilization, resource efficiency, and recycling.
Beko aims to become a net-zero business by 2050. In 2023, the company increased its solar energy capacity to 20.3 MW and saved 95,680 GJ of energy and 288,973 m3 of water. Beko's net sales reached EUR 8 billion, and it secured EUR 3.77 million from Horizon Europe projects. The company also achieved EUR 11.3 million in savings through digital transformation.
Beko's sustainability efforts were recognized globally, including a score of 86 in the S&P Global Corporate Sustainability Assessment and listings in various global sustainability rankings. The report details contributions to the UN SDGs and highlights innovations like EnergySpin technology and AI Sense.
Beko has announced its Hack the Normal 2022 Sustainability Hackathon event scheduled for May 13-15, 2022, aiming to empower innovators in developing sustainable living solutions. The hackathon offers cash prizes up to €50,000 and access to an accelerator program. Participants will tackle environmental challenges, including water pollution and plastic waste, with mentorship from industry leaders. Beko, a top three home appliance brand in Europe, emphasizes climate action and innovation as key themes for the event.
Arçelik A.Ş. has been recognized in the Corporate Knights' 2022 Global 100 Index, placing 57th among the world's most sustainable corporations for the second consecutive year. The index evaluates companies with over US$1 billion in revenue, focusing on their environmental, social, and governance (ESG) practices. Arçelik aims for a 50.4% reduction in Scope 1, 2, and 3 greenhouse gas emissions and became one of the first Terra Carta Seal Holders. The company's ongoing commitment to sustainability and innovation is underscored by high scores in the Dow Jones Sustainability Index.
Arçelik A.Ş. and Hitachi Global Life Solutions, Inc. have announced a new joint venture, Arçelik Hitachi Home Appliances B.V., operationally based in Bangkok, Thailand. This venture, effective from July 1, 2021, involves transferring 11 subsidiaries from Hitachi GLS to focus on manufacturing and selling Hitachi-branded home appliances outside Japan. The joint venture aims to leverage technological strength and supply chains to enhance competitiveness in the global market, especially in APAC, while committing to sustainability and innovation.
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