AsiaNet  85696

ISTANBUL, September 21, 2020, /PRNewswire=KYODO JBN/--

Arcelik, one of the leading companies in sustainability, has succeeded in

becoming carbon-neutral in global production with its own carbon credits and

has taken another important step in the fight against climate crisis.

Operating in nearly 150 nations with its vision Respecting the World, Respected

Worldwide, Arcelik will achieve its target of being a carbon-neutral company.

Developing climate-friendly products that use less resources and that are

accessible to all in line with the 2030 United Nations Sustainable Development

Goals, Arcelik marks a milestone in its sustainability efforts.

"Within the scope of the Carbon Financing Project for Energy Efficient

Refrigerators in Turkey, we received the right to 305,407 tons of CO2e emission

reductions between 2013 and 2018. With this carbon credit we obtained by

introducing innovative refrigerators with high energy efficiency level to the

Turkish market, we achieved a meaningful shift from 'business as usual' to a

new technology and thus, our global production facilities* will become

carbon-neutral in 2019 and 2020 fiscal years. For us, sustainability is both a

must for the future of humanity and a profitable business model," says Hakan

Bulgurlu, Arçelik CEO.

The Carbon Financing Project was initiated by Arcelik with the consultancy of

GAIA Carbon Finance in 2013. The 305,407 tons of carbon credit earned by

Arcelik via the Carbon Financing Project, was verified by a 3rd party

verification company RINA in compliance with the Verified Carbon Standard. The

company will use this credit to offset direct and indirect GHG emissions (Scope

1 and Scope 2) generated in global production facilities in 2019 and 2020 and

thus become carbon neutral in global production plants in 2019 and 2020 fiscal

years without purchasing any carbon offset credit, in accordance with PAS 2060

carbon neutrality standard, self-declared by Arcelik.

Through its long-term carbon-neutral strategy in line with the Science-Based

Targets Initiative (SBTi), Arcelik plans to continue the Carbon Financing

Project for 4 more years and contribute to the reduction of GHG emissions

through various renewable energy investments, and verification for its efforts

at its own Waste Electrical and Electronic Equipment (WEEE) Recycling Plants,

which differentiate the company from its sector. Having committed to the SBTi

in 2017, Arcelik continues its efforts on finalizing its global Scope 1-2-3

emission reduction targets.  

In line with its long-term sustainability strategy, Arcelik shared its 2030

targets in its 12th Sustainability Report. Bulgurlu says, "With our vision,

Respecting the World, Respected Worldwide, our plan is to make an additional

$50 million investment in renewable energy and energy efficiency for the future

of our planet in the coming years."

In order to tackle the climate crisis and maintain carbon neutrality, Arcelik

will focus on the following practices:

- Investing in renewable energy systems at its own production sites

     - 2030 target: Establishing 15 MW of renewable energy systems

- Purchasing electricity from documented renewable sources

     - In 2019, 100% of electricity was purchased from documented renewable

sources in Turkey and Romania operations.

     - 2030 target: Purchasing 100% of electricity from documented renewable

sources in global production plants, where market allows.

- Investing in energy efficiency projects in production

     - 2030 target: Reducing energy consumption per product in manufacturing by

45% (compared to 2015 baseline in South Africa, Russia, Turkey, Romania, China,

Thailand and Pakistan operations)

For further information about Arcelik's declaration on the climate related

risks and opportunities, please refer to 2019 Sustainability Report, "ESG

Related Risks and Opportunities".

*Singer Bangladesh which was acquired in 2019 and Voltbek in India which

started production in 2020 are excluded from calculations.

Note to the editor

84% of total GHG emissions generated by Arcelik global plants have been

verified by BSI, an independent third party in 2019. GHG emissions generated by

Turkey, Romania (refrigerator production), Russia, China, South Africa

production plants (expect Wilsonia) have been certified by an independent third

party in 2019. GHG emissions from South Africa-Wilsonia, Thailand, Pakistan and

Romania washing machine production plants are not verified by an independent

third party and the data is based on Arcelik declarations.

2019                    Third Party Verified Emissions

GHG                         Arctic         Beko    

Emissions       Arçelik     Romania        LLC      Beko                      

[ton CO2e]      TR          (Refrigerator) Russia   China   Jacobs   Ezakheni

Direct                47.900      8.257          9.049    911     2.172    836

Indirect                   0           0              7.654    4.332   13.405   12.485        

Total                  47.900      8.257         16.703   5.243   15.577   13.321

     Emissions not Verified

                           Arctic

          Beko             Romania

Wilsonia  Thai  Dawlance   WM         Total

140          283   9.509           1.105      80.162

2.093      4.232 1.090           1.567      46.859

2.234      4.516 10.599         2.672      127.021

Photo - https://mma.prnewswire.com/media/1277886/Arcelik_CEO_Hakan_Bulgurlu.jpg

Photo - https://mma.prnewswire.com/media/1277889/Arcelik_Cerkezkoy_Factory.jpg

Logo - https://mma.prnewswire.com/media/839270/Arcelik_Logo.jpg

SOURCE: Arcelik