PR91863

ISTANBUL Sept. 22, 2021 /PRNewswire=KYODO JBN/--

Arcelik A.S. (IST: ARCLK) ("Arcelik"), the global leading consumer durables and

electronics manufacturer, has announced that Polat Sen, the Chief Financial

Officer (CFO) of Arcelik has joined the UN Global Compact CFO Taskforce. With

60 members across 23 industries and five regions, the CFO Taskforce aligns UN's

Sustainable Development Goals (SDGs), the corporate sustainability commitments

to credible finance strategies with the intention of producing real world

impact through long-term sustainable change.

The CFO Taskforce has a collective market cap of 1.7 trillion and grants the

CFOs a unique position to reshape the future of global corporate finance and

investment for growth, social impact and ultimately SDGs investment. Coming

together at the UN's General Assembly week commencing the 21st September,

financial leaders from all around the world, will discuss and develop action

plans to solve today's environmental and social challenges. As one of the

members of the task force, Arcelik has made great strides in its sustainability

journey, instigating long-term positive change and contributing to the SDGs.

This announcement follows Arcelik's Green Bond issuance in May 2021, where the

business launched the first of its kind, from a Turkish industrial company in

the international market. Using the bond, included in Arcelik's Green Financing

Framework, the company is financing its Eligible Green Projects that include

energy-efficient, eco-efficient and circular economy adapted products and the

promotion of energy efficiency in production. The Green bond is also funding

the company's sustainable water resources and wastewater management, pollution

prevention control, renewable energy, and green buildings initiatives. This

further demonstrates Arcelik's commitment to sustainability and leadership in

the industry for such an initiative.

Polat Sen, CFO, Arcelik said:

"It's a great honour to join the UN Global Compact CFO Taskforce. At Arcelik,

we see sustainability as a business strategy that needs to be incorporated into

the heart and mind of business and this initiative looks to achieve that.

Joining fellow CFO's intent on making positive change, I believe it will be a

great opportunity to learn from and collaborate with business leaders. From

financial frameworks to investment decisions, we can be a catalyst for positive

change and investment."

About Arcelik

With over 40,000 employees throughout the world, Arcelik's global operations

include sales and marketing offices in 48 countries, and 28 production

facilities in 9 countries and 12 brands (Arcelik, Beko, Grundig, Blomberg,

ElektraBregenz, Arctic, Leisure, Flavel, Defy, Altus, Dawlance, Voltas Beko).

As Europe's second largest white goods company by market share (based on

volumes), Arcelik's consolidated revenue reached US$4.3 Billion in 2020.

Arcelik's 30 R&D and Design Centers across the globe, are home to over 1,700

researchers and hold more than 3,000 international patent applications to date.

Arcelik is named the "Industry Leader" in the Durable Home Appliances category

for the 2nd year in a row in Dow Jones Sustainability Index 2020 and, in

accordance with PAS 2060 Carbon Neutrality Standard, became carbon-neutral in

global production plants in 2019 and 2020 fiscal years with its own carbon

credits. Arcelik's mission is 'Respecting the World, Respected Worldwide.'

www.arcelikglobal.com

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SOURCE: Arcelik