Beko, a global home appliance brand, is committed to sustainability and reducing its environmental footprint. The brand has been recognized by TIME Magazine and Statista as one of the World’s Most Sustainable Companies of 2024, ranking 44th and the highest-ranking home appliance company. Beko’s eco-friendly practices in the manufacturing sector have earned it a commendable score of 75.68 out of 100, ranking fourth in the “manufacturing and industrial production” sector. This achievement demonstrates Beko’s dedication to a healthy planet and its commitment to eco-friendly practices.

“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 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 make daily life easier and 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 world’s top 100 most sustainable companies. Criteria considered for the list were the exclusion of companies operating in environmentally damaging industries or facing significant sustainability controversies, an evaluation of 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 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 meters 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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