Beko's Commitment to a Sustainable Future Through Innovation
Beko's Commitment to Sustainability
Beko is taking bold steps towards a sustainable future, aiming for net-zero emissions by 2050. This commitment is reinforced by our ambitious targets for 2030, particularly the transition to 100% green electricity in all manufacturing facilities. Such initiatives highlight our innovation in the home appliance industry.
Leading the Charge with Refurbishment Programs
In the year leading up, Beko successfully refurbished an impressive 114,468 products. This achievement not only extends the life of appliances but also significantly contributes to reducing waste and carbon footprints. It's part of our larger goal to inspire sustainable living in every household.
An Industry Leader in Sustainability Recognition
Beko has built a strong reputation as a sustainability leader. We achieved the highest score in the S&P Global Corporate Sustainability Assessment for the sixth consecutive year. Additionally, we were ranked as the 17th most sustainable company globally by TIME Magazine, affirming our commitment to sustainability and responsible practices.
Integrated Reporting for Transparency
This year marks the launch of our first integrated report, which aligns with several international sustainability standards. This comprehensive document examines how sustainability issues impact our business while analyzing our effects on society and the environment. Such transparency is essential to driving positive change and accountability.
CEO Hakan Bulgurlu's Vision
Hakan Bulgurlu, our CEO, emphasizes that achieving a net-zero future requires concrete action. He affirms our commitment to renewable energy and highlights ongoing efforts in water management, emission reduction, and product sustainability. His leadership is pivotal in embedding sustainability into our corporate DNA.
Celebrating 70 Years of Innovation
As we celebrate 70 years of innovation, Beko continues to prioritize sustainability across all operations. Our path to net zero includes bold interim targets for all facilities, a commitment to renewable energy investments, and a circular economy strategy that transforms our approach to product lifecycle.
Executive Accountability in Sustainability
Beko has made significant strides in integrating sustainability within its corporate governance. By linking executive compensation to environmental performance, we ensure that sustainability remains a core business priority among our leadership team.
Collaborative Climate Action
Our integrated report serves as a call to action for all stakeholders. As a member of various global sustainability initiatives, Beko stands ready to collaborate with partners committed to preserving our planet for future generations.
About Beko
Beko is a leading international home appliance company, generating a consolidated turnover of €10.6 billion. We operate in over 55 countries, employing more than 50,000 individuals. With 22 brands under its portfolio, Beko focuses on innovation, sustainability, and customer satisfaction.
New Initiatives in Renewable Energy
With an installed renewable energy capacity of 90.2 MWp, Beko has significantly increased its energy efficiency investments. This growth in renewable energy is a crucial component of our commitment to reducing our carbon footprint.
Frequently Asked Questions
What is Beko's net-zero target?
Beko aims to achieve net-zero emissions by 2050, with key milestones set for 2030.
How many products did Beko refurbish in 2024?
In 2024, Beko successfully refurbished 114,468 products, contributing to sustainability.
What recognition has Beko received for sustainability?
Beko earned the highest score in the S&P Global Corporate Sustainability Assessment for six consecutive years and was ranked 17th among the world's sustainable companies by TIME Magazine.
What is integrated reporting?
Integrated reporting combines financial and sustainability information, providing stakeholders with a comprehensive view of a company's impact on society and the environment.
How does Beko ensure executive accountability in sustainability?
Beko links executive compensation to environmental performance, reinforcing the importance of sustainability at the leadership level.
About The Author
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