PR92844

ISTANBUL, Nov. 4, 2021, /PRNewswire=KYODO JBN/--

- His Royal Highness The Prince of Wales has today, through his Sustainable

Markets Initiative (SMI), launched the Terra Carta Seal which recognises

private sector companies who are leading their peers in creating genuinely

sustainable markets.

- Arcelik is one of 45 companies that have been awarded the Terra Carta Seal.

- Designed by Sir Jony Ive, the Terra Carta Seal embodies the vision and

ambition of the Terra Carta, a recovery plan for Nature, People and Planet.

Arcelik has been awarded the Terra Carta Seal.

The inaugural 2021 Terra Carta Seal recognises global companies which are

driving innovation and demonstrating their commitment to, and momentum towards,

the creation of genuinely sustainable markets. It is being awarded to companies

whose ambitions are aligned with those of the Terra Carta, a recovery plan for

Nature, People and Planet, launched in January 2021.

HRH is deeply encouraged by Arcelik's commitment to reducing Scope 1&2 GHG

emissions by 30% and the Scope 3 emissions from the use of sold products by 15%

as of 2030 compared to 2018 baseline and achieving Net-Zero GHG/CO2e emissions

across the entire value chain by 2050.

His Royal Highness The Prince of Wales, said: "The Terra Carta Seal recognizes

those organizations which have made a serious commitment to a future that is

much more sustainable, and puts Nature, People and the Planet at the heart of

the economy. We all need to make changes if we are to preserve the planet for

our children and grandchildren and these businesses have pledged to make it

easier for us all to do so."

The Terra Carta Seal acknowledges that each industry faces unique challenges in

its transition to a sustainable future and they are all at different stages of

their journey. Here, all industries and all companies must be supported as they

take steps in a more positive direction. At the same time, an accelerated pace

is required if we are to achieve a 1.5-degree target, restore biodiversity and

benefit the lives and livelihoods of current and future generations.

The Terra Carta Seal has been awarded to companies who hold a leadership

position within their industry and who have credible transition roadmaps

underpinned by globally recognised, scientific metrics for achieving net zero

by 2050 or earlier.

"It's a great honour to be one of the leading companies recognised by his Royal

Highness, The Prince of Wales and to receive the inaugural Terra Carta Seal.

Creating a sustainable future and setting ambitious targets is the number one

priority for Arcelik, and receiving the accolade demonstrates that we are

living these commitments as a business. We are committed to the creation of

genuinely sustainable markets, which care for nature, people and the planet."

Earlier today, HRH The Prince of Wales met with Hakan Bulgurlu, alongside other

CEOs to celebrate their award and commitment to the battle against climate

change, discuss the challenges individual organisations and industries face and

examine solutions and the necessary action organisations must take to

accelerate further the transition.

Working closely with HRH The Prince of Wales, Sir Jony Ive and his creative

team at LoveFrom have created a physical and animated seal engineered with

paper that is both simple and beautifully crafted. The design combines a host

of natural references including oak leaves, fern, magnolia and honey bees and

intricate patterns both in nature and in the arts, creating a visual

celebration which reflects the power of and reverence for nature that is at the

heart of the Terra Carta.

"With respect for both the historic resonance of the Terra Carta and for the

environment, we have used modest, natural materials and celebrated

craftsmanship with a delicate, illustrated design," said Sir Jony Ive. "This

feels a sensitive and sincere commemoration for those who have committed to the

aims of the Terra Carta, and we are so very grateful to be able to contribute

to such an important and impactful initiative."

About the Terra Carta Seal

The 2021 inaugural Terra Carta Seal recognises global corporations that are

demonstrating their commitment to, and momentum towards, the creation of

genuinely sustainable markets. It is being awarded to firms who have aligned

themselves with the Terra Carta, who are driving innovation and leadership

within their industry and who have credible transition roadmaps underpinned by

globally recognised, scientific metrics for achieving net zero by 2050 or

sooner.

The SMI has partnered with Corporate Knights for this initiative. Corporate

Knights' Global 100 Most Sustainable Corporations Companies were invited to

apply for the inaugural Terra Carta Seal together with active Task Force

members of the SMI as of 1 January 2021.

The Terra Carta Seal will be awarded annually to companies who are

demonstrating their commitment to, and momentum towards, the creation of

genuinely sustainable markets and care for Nature, People and Planet.

Terra Carta Seal Recipients

ACCIONA

Akzo Nobel NV

Amazon

Arcelik

AstraZeneca

Atlantica Sustainable Infrastructure Plc

Banco Santander

Bank of America

Brambles

BT Group

City Developments Limited

Cogeco Communications Inc.

Credit Suisse

Cummins Inc

Ericsson

Hewlett Packard Enterprise

HP Inc.

HSBC Holdings Plc

Iberdrola

IBM Corporation

INDITEX S.A.

Johnson Controls International plc

L'Oreal

McCormick & Company, Incorporated

Metso Outotec

National Australia Bank

Natura &Co

Nordea

Novo Nordisk A/S

Novozymes

Orsted

PepsiCo

Prologis

Salesforce

SAP SE

Siemens Energy AG

Sims Limited

Stantec, Inc.

Tech Mahindra

TELUS

Tesco PLC

Trane Technologies

TSMC

Unilever PLC

Xerox

About the Sustainable Markets Initiative

His Royal Highness, The Prince of Wales, launched the Sustainable Markets

Initiative (SMI) at Davos in January 2020. The SMI is a network of global CEOs

and private sector corporations working together to build prosperous and

sustainable economies that generate long-term value through the balanced

integration of natural, social, human and financial capital.

The SMI facilitates the development of responsible transition pathways at

industry and business levels to decarbonize and achieve net-zero, create a

Nature-positive future and support a trust transition towards a sustainable

future.

HRH is appealing to public, private and philanthropic leaders around the world

to join this endeavour as part of the 'Coalition of the Willing'.

Read more: www.sustainable-markets.org

About the Terra Carta

Launched by His Royal Highness at the One Planet Summit in January 2021, the

Terra Carta provides a practical roadmap for acceleration towards an ambitious

and sustainable future; one that will harness the power of Nature combined with

the transformative power, innovation and resources of the private sector. The

Terra Carta serves as the mandate for the Sustainable Markets Initiative.

Currently there are over 400 named supporters of the Terra Carta – listed on

the SMI website.

About LoveFrom and Sir Jony Ive:

LoveFrom is a creative collective of designers, architects, musicians,

filmmakers, writers, engineers and artists with studios in London and San

Francisco, California.

Sir Jony Ive KBE is a designer. Formerly the Chief Design Officer at Apple, he

holds more than 12,500 patents worldwide, uniquely spanning user interface and

hardware design. He is the Chancellor of the Royal College of Art.

For the Terra Carta Seal, LoveFrom worked with celebrated illustrator Peter

Horridge, master printers and paper engineers Imprimerie du Marais and handmade

paper specialists The Paper Foundation, founded by James Cropper. Los

Angeles-based Method Studios created an animated version of the Terra Carta

Seal.

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 & Offices across the globe, are home to

over 1,700 researchers and hold more than 3,000 international patent

applications to date. In 2020, Arcelik is named the "Industry Leader" in the

Household Durables category for the 2nd year in a row in Dow Jones

Sustainability Index and, in accordance with PAS 2060 Carbon Neutrality

Standard, became carbon-neutral in Scope 1 and 2 in global manufacturing in

2019 and 2020 fiscal years with its own carbon credits. Arcelik's mission is

'Respecting the World, Respected Worldwide.'

www.arcelikglobal.com/en

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