Published on November 3rd, 2017 | by The GC Team0
Arçelik A.Ş. named corporate responsibility leader
Beko and Grundig parent Arçelik A.Ş. has been named the winner for ‘Best Contribution to Corporate Responsibility’ in 2017 European Chartered Institute of Procurement and Supply Management Awards.
The award recognises the company’s ongoing work with suppliers in improving transparency and sustainability across its supply chain through its ‘Transparency in Business’ training programme.
The programme was rolled out during 2015 and 2016 and provides Arçelik’s suppliers with training, coaching and development in sustainability reporting and certification across social, environmental, human rights and ethical issues.
Arçelik said that by empowering and equipping its suppliers with the expertise to be more sustainable, it has seen social benefits for the company and its suppliers, and also become more financially competitive in its main export markets in Europe and the United States.
This recent recognition follows the company’s achievement in becoming the first Turkish manufacturing firm to join the Dow Jones Sustainability Emerging Markets Index last month.
Polat Şen, Arçelik A.Ş. CFO, commented: “We’re honoured to receive the prestigious CIPS Supply Management Award recognising our ongoing work with our suppliers to uphold the sustainability values we embody as a company.
“At Arçelik we’re proud to be an industry leader in embedding sustainability throughout our entire value chain. This commitment reinforces our position as a responsible business, encouraging our supply chain to stimulate innovation and enhance their competitive advantage.”