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Industry News

Published on October 23rd, 2018 | by The GC Team


Arçelik in Dow Jones Sustainability Index again

Turkish industrial company Arçelik, parent of the Beko and Grundig brands, is listed in the Dow Jones Sustainability Index (DJSI) in the Emerging Markets Category for the second consecutive year, becoming the only Turkish industrial company to achieve a listing two years in a row.

The DJSI assesses the sustainability performance of the world’s largest companies, based on criteria including corporate governance, financial operations, ethical issues, environmental and social performance of the value chain, risk management, climate change mitigation, transparency, supply chain and human and employee rights. Leading performers in these categories are listed in the DJSI.

“We continue to create value for all stakeholders as part of the ‘Respects the Globe, Respected Globally’ vision,” says Arçelik CEO Hakan Bulgurlu (pictured.) “Arçelik strives for a sustainable world with the responsibility of a global company. As laid out in our 10th Sustainability Report this year, we focus on efficient use of resources and circular economy with an eye to protect future generations and improve our competitive edge, while minimizing our greenhouse gas emissions. We are proud that our hard work has paid off and that, following last year, we have once again been listed in the Emerging Markets Category of the Dow Jones Sustainability Index, which monitors the global performances of sustainability-focused organizations. One of our priorities in the coming years is to maintain this outstanding performance, solidifying our consistency in implementing sustainable practices and bolstering the company’s international reputation.”

It is reported that Arçelik’s sustainability achievements include a 50% reduction in greenhouse gas emissions from its Turkish operations compared to the base year of 2010, and in 2017 energy efficiency projects provided substantial energy and water consumption savings. The company is also a signatory to the United Nations Women Empowerment Principles (WEP), and claims a leading role in gender equality with its female hiring and promotion programmes. The company’s Equal Dictionary offers “alternatives to outdated sexist terminology in the language.”

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