- Ranked among the top 500 global companies leading the way in
sustainability.
- Recognized for its commitment to eco-friendly practices and
net-zero goals.
- Highest-ranking home appliance company on the list.
ISTANBUL, July 2, 2024
/PRNewswire/ -- Global household appliance manufacturer Beko has
been recognized for its commitment to sustainability, securing the
44th spot on TIME Magazine and Statista's first-ever
list of the World's Most Sustainable Companies. This ranking
highlights Beko's dedication to eco-friendly practices and
positions it as a leader in sustainable manufacturing.
Beko earned a score of 75.68 out of 100, placing fourth among
all companies in the "manufacturing and industrial production"
sectors. It is also noteworthy as the highest-ranking home
appliance company.
"Our ranking is a testament to the passionate commitment of our
entire team," said Hakan Bulgurlu, CEO of Beko. "At Beko, we
firmly believe that a sustainable future begins at home, with each
and every one of us. This recognition from TIME and Statista fuels
our drive to innovate and redefine what's possible in our industry.
We are committed to developing products that not only make daily
life easier but also contribute to a healthier planet for current
and future generations."
The TIME and Statista ranking assessed over 5,000 global
companies using a comprehensive four-step methodology:
- Exclusion of non-sustainable businesses: Companies operating in
environmentally damaging industries or facing significant
sustainability controversies were excluded.
- Commitment and ratings: Companies were evaluated based on their
participation in recognized sustainability initiatives like the
Science Based Targets initiative and their performance in
assessments such as CDP ratings.
- Reporting and transparency: The availability, quality, and
adherence to international standards of companies' sustainability
reports were reviewed.
- Environmental and social stewardship: Key performance
indicators related to environmental impact (emissions, energy use,
renewable energy adoption) and social responsibility (gender
diversity, employee safety, etc.) were analyzed.
Beko's commitment to sustainability is detailed in its recently
published 2023 Sustainability Report, themed "Feels Like
Home." This 16th annual report outlines the
company's progress towards its ambitious goal of becoming a
net-zero business by 2050.
The report highlights key achievements including:
- Reduced environmental impact: Beko achieved a 64 percent
renewable energy usage rate in its manufacturing operations, saved
and recycled 288,973 cubic metres of water, and prevented 6,983
tonnes of CO2 equivalent emission through energy
efficiency projects. The company has also recycled 1.75 million
units of electronic waste since 2014.
- Earnings from products with lower environmental footprint:
Energy-efficient products accounted for 50.2 percent of Beko's
2023 turnover, while low-carbon products represented 62.4
percent.
- Social responsibility: Beko demonstrated its commitment to
gender diversity and inclusion through initiatives like the "Her
Business Her Power" project, which supported 108 female dealers,
and the "500 Women Technicians Project," which empowered 644 female
technicians in 2023.
Beko's recognition by TIME and Statista is a significant
milestone that celebrates the company's achievements and reinforces
its commitment to driving sustainable change. As Beko continues to
innovate and lead in sustainability, it sets a powerful example for
the industry and inspires a collective effort towards a greener,
more sustainable world.
ABOUT BEKO
Beko has 55,000 employees throughout
the world with its global operations through its subsidiaries in
58 countries and 45 production facilities in 13 countries
(i.e. Türkiye, UK, Italy,
Romania, Slovakia, Poland, South
Africa, Russia,
Pakistan, India, Bangladesh, Thailand and China). Beko has 22 brands owned
or used with a limited license (Arçelik, Beko, Whirlpool*, Grundig,
Hotpoint, Arctic, Ariston*, Leisure, Indesit, Blomberg, Defy,
Dawlance, Hitachi*, Voltas Beko, Singer*, ElektraBregenz, Flavel,
Bauknecht, Privileg, Altus, Ignis, Polar). Beko became the
largest white goods company in Europe with its market share (based on
volumes) and reached a consolidated turnover of 8 billion Euros in 2023. Beko's 31 R&D
and Design Centers & Offices across the globe are home to
over 2,300 researchers and hold more than 3,100 international
registered patent applications to date. For the 5th consecutive
year, the highest score in the DHP Household Durables industry
(based on the results dated 27 October 2023) in the Dow Jones
Sustainability Index of the S&P Global Corporate
Sustainability Assessment was achieved.** Beko's vision is
'Respecting the World, Respected Worldwide.'
www.bekocorporate.com
*Licensee limited to certain jurisdictions.
**The data presented belongs to Arçelik A.Ş., a parent company
of Beko.
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SOURCE Beko