Beko makes it to Top 50 of the World’s Most Sustainable Companies list

Everyone has a part in taking care of our only home, the planet Earth. Beko, a global home appliance brand, recognizes that healthy living is only possible on a healthy planet. With technologies that are more sustainable for the environment, Beko strives to reduce its footprint in nature, one product at a time.

Beko’s commitment to sustainability has been recently recognized by TIME Magazine and Statista’s first-ever list of the World’s Most Sustainable Companies of 2024. The brand reached an incredible feat, ranking 44th and is considered as the highest-ranking home appliance company in the list. This underscores Beko’s unwavering efforts and position as a leader in eco-friendly practices within the manufacturing sector.

Beko achieved a commendable score of 75.68 out of 100, also ranking fourth in the “manufacturing and industrial production” sector.

“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 reportedly assessed over 5,000 global companies to come up with its list of the top 100 most sustainable companies in the world. Criterias considered for the list were the exclusion of companies operating in environmentally damaging industries or facing significant sustainability controversies, an evaluation on its participation in recognized sustainability initiatives likes the Science Based Targets initiative and CDP ratings, a review of the companies’ adherence to international standards of companies’ sustainability reports, and an analysis of its environment and social stewardship. 

Beko’s commitment to sustainability is detailed in its recently published 2023 Sustainability Report, themed “Feels Like Home.” The annual report outlines the company’s progress towards its ambitious goal of becoming a net-zero business by 2050. Some of the key achievements from the report are the following:

• 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.

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.

For more information, visit beko.ph and follow @bekoph on Facebook and Instagram.

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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 is one of the top three large home appliances brands in Europe* in the white goods sector. It has been focusing on healthy living for years, raising awareness and developing products that make healthy living possible and convenient. Beko’s vision is ‘Respecting the World, Respected Worldwide.’. Beko is committed to protecting the planet by designing and manufacturing energy-efficient products and investing in resource efficiency in production.

For information, follow @bekoph on Facebook and Instagram or go to http://www.beko.ph.