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ISTANBUL, Nov. 18, 2021 /PRNewswire=KYODO JBN/ --

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

electronics manufacturer, scored 86/100 in the 2021 S and P Global Corporate

Sustainability Assessment (CSM) as of November 12, 2021, which evaluates the

world's largest companies and assesses their sustainability performance and

environmental, social, and governance (ESG) efforts.

The company also achieved the highest score out of 20 companies assessed in the

DHP Household Durables Industry. This announcement highlights Arcelik's

ever-growing commitment to a sustainable future and places the company once

again as the benchmark brand in the manufacturing industry. Also, Arcelik has

for the fifth year in a row been listed in the Dow Jones Sustainability Indices

(DJSI).

This recognition follows Arcelik's announcement at the 2021 United Nations

Climate Change Conference (COP26) that it has re-submitted more ambitious

science-based emissions reduction targets for their Scope 1, 2 and 3 GHG

emissions, pushing for a 50.4% reduction across all three scopes as part of the

company's commitment to the Paris Agreement goals. This demonstrates that

Arcelik understands it has a responsibility to lead the way in energy

transformation and a more sustainable future.

Prior to this, Hakan Bulgurlu, CEO of Arcelik joined The World Economic Forum

Alliance of CEO Climate Leaders. A group of 70 global chief executives, who are

driving cross-sector collaboration to accelerate the transition to a net-zero

economy. Arcelik understands that there is more that can still be done and are

calling on other businesses to join in the fight and recognise how they can

effect change and stop environmental devastation. Arcelik is also one of 45

companies that have been awarded the HRH The Prince of Wales' Terra Carta Seal

in recognition of the company's commitment to creating a sustainable future.

Commenting on Arcelik's consistent inclusion in the Dow Jones Sustainability

Indices, CEO Hakan Bulgurlu said:

"It is a privilege to be included on the DJSI for a fifth year in a row,

achieving the highest score in our sector – this recognition is a hugely

important accolade for our business. Arcelik's efforts towards building a more

sustainable future are consistently evolving. Following our attendance at

COP26, we realise there is still so much more to do, and we are committed to

ensuring we are a part of the global solution. As a business, we are always

striving to do more to support the fight against climate change and our

science-based commitments to reduce our Scope 1, 2 and 3 GHG emissions are a

demonstration of that – in addition to joining The World Economic Forum

Alliance of CEO Climate Leaders and retaining our place on the DJSI.

ARCELIK'S SUSTAINABILITY COMMITMENTS

Arcelik, which used 100% green electricity in 2019 for its Turkey and Romania

operations, aims to use 100% green electricity in all global production

facilities by 2030.

Arcelik aims to decrease the energy consumption used to produce each product by

45% by 2030 (compared to 2015 baseline in South Africa, Russia, Turkey,

Romania, China, Thailand and Pakistan plants).

Arcelik, Turkey's first and only industrial company which owns two WEEE (Waste

Electrical and Electronic Equipment) Recycling Facilities, achieved 315 GWh

energy savings and 6.4 million tons of water savings by replacing old high

energy and water consuming products with energy and water efficient products

regardless of the brand since 2014.  

The old products collected from the market are being sent to Arcelik WEEE

Recycling Facilities where they are recycled.

The saving generated is equivalent to nearly 39 million households' daily

electricity consumption and 7.9 million households daily water consumption.

ABOUT ARCELIK'S REVISED SCIENCE-BASED TARGETS (STILL BEING REVIEWED BY SBTi)

AND OTHER RECOGNITIONS:

Arcelik has revised its initial science-based targets, to contribute to the

worldwide efforts to limit global warming to 1.5°C, compared to pre-industrial

levels. The business has committed to reduce its absolute Scope 1 and Scope 2

emissions, and absolute Scope 3 emissions from the use of its sold products by

50.4% by 2030, compared to the base year of 2018. The Scope 3 is often

overlooked by businesses as it requires them to reduce the carbon emissions

generated in the entire value chain, including emissions generated from the

extraction of raw materials, logistics, transportation, consumer use phase as

well as end of life of the products.

Arcelik has successfully become carbon-neutral in global production plants1

(Scope 1 and 2) in 2019 and 2020.

Arcelik was selected as the most sustainable white goods company to enter

Corporate Knights Global 100 World's Most Sustainable Companies ranking.

Through its leadership position in sustainability and decarbonization roadmap

for achieving net zero emissions by 2050, Arcelik became the first and only

company from its industry to receive the Terra Carta Seal by HRH Prince of

Wales.

ABOUT S and P DOW JONES INDICES AND DOW JONES SUSTAINABILITY INDICES

S and P Dow Jones Indices is the largest global resource for essential

index-based concepts, data and research, and home to iconic financial market

indicators, such as the S and P 500® and the Dow Jones Industrial Average®.

More assets are invested in products based on our indices than products based

on indices from any other provider in the world. Since Charles Dow invented the

first index in 1884, S and P DJI has been innovating and developing indices

across the spectrum of asset classes helping to define the way investors

measure and trade the markets.

The DJSI are float-adjusted market capitalization weighted indices that measure

the performance of companies selected using environmental, social and

governance (ESG) criteria. The DJSI, including the Dow Jones Sustainability

World Index (DJSI World), were launched in 1999 as the pioneering series of

global sustainability benchmarks available in the market. The index family is

comprised of global, regional and country benchmarks. Arcelik has featured in

the DJSI since 2017.

The full results and list of DJSI constituents are available at

https://www.spglobal.com/esg/csa/    

For more information about the DJSI methodology, please visit:

https://www.spglobal.com/spdji  

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 and D and Design Centers and 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 with its own carbon credits. Through its leadership position in

sustainability and credible science-based decarbonization roadmap for achieving

net zero, Arcelik became the first and only company from its industry to

receive the Terra Carta Seal by HRH Prince of Wales. Arcelik's mission is

'Respecting the World, Respected Worldwide.'

www.arcelikglobal.com/en

1 Singer Refrigerator Plant and TV and AC Plant in Bangladesh acquired in 2019,

Voltbek in India which started production in 2020, and Arcelik-LG A/C joint

venture plant in Turkey are excluded from calculations.

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Photo - https://mma.prnewswire.com/media/1690340/hakan_bulgurlu.jpg

Photo - https://mma.prnewswire.com/media/1690337/Beko_facility.jpg

Photo - https://mma.prnewswire.com/media/1690338/Facility.jpg

Logo - https://mma.prnewswire.com/media/1653921/Arcelik_Logo.jpg

Source: Arcelik