Beko Achieves Top ESG Score in Household Durables Industry

Beko's Commitment to Sustainability Shines Through

The company’s unwavering dedication to sustainability has secured its position as a recognized leader for the sixth consecutive year.

Beko, a global frontrunner in consumer durables and electronics, has recently attained an exceptional score of 89 out of 100 in the 2024 S&P Global Corporate Sustainability Assessment (CSA). This score underscores Beko's steadfast commitment to sustainable practices and responsible corporate governance. The CSA evaluates the environmental, social, and governance (ESG) performances of the world’s largest corporations, demonstrating Beko's vital role in setting industry standards.

Significant Milestones and Industry Recognition

This impressive recognition places Beko among the top 45 companies in the DHP Household Durables Industry, reflecting its crucial position as a benchmark within the sector. Furthermore, Beko celebrates its inclusion in the esteemed Dow Jones Sustainability Indices for the eighth consecutive year, a testament to its ongoing sustainable business practices.

In addition to this recognition, Beko has recently received approval for its science-based climate targets from the Science Based Targets initiative (SBTi). These validated targets are meticulously crafted to combat climate change with specific, measurable goals, signifying an important advancement for both Beko and the home appliance industry.

Ambitious Climate Goals Set for 2050

Beko is committed to achieving net-zero greenhouse gas emissions throughout its entire value chain by 2050. For the near future, the company aims for a 42% reduction in absolute Scope 1 and 2 emissions and an equivalent drop in Scope 3 emissions stemming from product usage by 2030, using 2022 as the baseline year. In its long-term vision, Beko plans to decrease absolute Scope 1 and 2 emissions by 90% and achieve a 90% reduction in Scope 3 emissions by 2050, again referencing the 2022 base year.

CEO's Insight on Sustainability

Reflecting on the company's remarkable achievements in the S&P Global CSA, CEO Hakan Bulgurlu emphasizes, "Reaching net-zero emissions aligned with the 1.5°C climate pathway is our utmost priority. We're constantly innovating advanced technologies to enhance the energy efficiency of our products whilst lowering carbon emissions. Moreover, we are ramping up our investments in renewable energy and expanding our capabilities. Witnessing these efforts gain global recognition reassures us that we are strategically aligned with sustainable practices. Sustainability is not just an aim—it is an obligation we owe to our business, our planet, and future generations."

Inspiring Others in Sustainability

With its remarkable ESG score and relentless dedication to sustainable growth, Beko serves as an inspiration for businesses worldwide, encouraging them to prioritize environmental responsibility, social impact, and governance in their operations. Through proactive leadership, the company is making a concrete contribution to a sustainable future.

ABOUT BEKO

Beko stands as an international powerhouse in the home appliance sector, employing approximately 55,000 individuals across the globe. With operations in 58 countries and maintaining 46 production facilities in 14 countries worldwide, Beko continues to expand its reach and capabilities. The company boasts 22 proprietary brands or brands under limited license (including Arçelik, Beko, Whirlpool*, Grundig, and more). Notably, Beko has earned recognition as the largest white goods company in Europe, attaining a consolidated turnover of 8 billion Euros in 2023. Moreover, Beko has established 30 R&D and Design Centers & Offices globally, hosting over 2,300 researchers, and filing more than 3,500 international patents to date. With an unwavering commitment to sustainability, Beko ranked highest in the DHP Household Durables industry in the Dow Jones Sustainability Index, as assessed in the 2024 results.

Beko's vision articulates a commitment to 'Respecting the World, Respected Worldwide.'

For more information, visit www.bekocorporate.com

Frequently Asked Questions

What is Beko's ESG score?

Beko achieved an outstanding ESG score of 89 out of 100 in the 2024 S&P Global Corporate Sustainability Assessment.

How long has Beko maintained its industry leadership?

Beko has been recognized as the highest scoring organization in the DHP Household Durables Industry for six consecutive years.

What are Beko's long-term sustainability targets?

Beko aims to achieve net-zero greenhouse gas emissions across its entire value chain by 2050.

Who is Beko's CEO?

Hakan Bulgurlu serves as the CEO of Beko, emphasizing their commitment to advanced technologies and sustainability.

How many employees does Beko have worldwide?

Beko employs around 55,000 individuals across its global operations.

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