We never steered away from our sustainability goals. In Our 2020 Report we reported our performance and shared our progress against 2020 targets. We have set new SMART and ambitious goals towards 2030 and revised our mid- and long-term targets. In order to respond the challenges brought by COVID-19 during 2020, we strengthened our In Touch Technology framework to better respond to current developments.
We are committed to achieving net-zero emissions across our value chain by 2050. We will reduce our Scope 1 and Scope 2 emissions, and Scope 3 emissions to cover the entire value chain, including the consumer use of Arçelik products.
Our targets to reduce GHG emissions were approved by the Science Based Targets initiative
These are set in line with the Paris Agreement’s goal of limiting global temperature increase to "well-below 2°C" for Scope 1 and 2 emissions and position us among the 700+ companies worldwide. We have made a commitment to reduce our absolute Scope 1 and 2 GHG emissions by 30% and our absolute Scope 3 emissions from the use of our sold products by 15% by 2030 from a 2018 base year. To achieve our goals and retain our position as a leader, we will continue investing in energy efficiency, green electricity purchases and renewable energy systems.
Within the scope of our sustainability agenda, we focus on the future, the environment, and the needs of people and our business. We believe that we must go beyond our current habits and behavior models, the way we think now, and everything that is thought to be impossible today. We design, build and live the future, today. We design technologies that will improve the future.
Our Sustainability Vision
At Arçelik, we embed sustainability at the core of our business strategy and adopt Respecting the World, Respected Worldwide approach which enables us to create value for all our stakeholders. We take concrete steps today towards a more sustainable future with the help of the #technology we develop to improve the planet, life, and our business.
New Energy Labels
As of March 1st, our dishwashers, washing machines, washer-dryers, refrigerators and electronic displays are now graded using the new, simpler A to G scale. The improved grading system takes into account real-life customer behaviour and has removed the A+, A++ and A+++ levels - making it easier for consumers to recognize the best performing products.
In Touch Technology strategy shows our ambition to create smart technologies that are in touch with the needs of the planet and society.
Our purpose-driven business model and our commitment are being recognized in global platforms.
Dow Jones Sustainability Indices (DJSI)
Arçelik has once again been named as the Industry Leader in the Household Durables category, and was awarded a Gold Medal for being in the top 1% in our sector and recognized as an Industry Mover in the 2021 S&P Sustainability Yearbook.
The Real Leaders
Top 150 Impact Companies of 2021
Arçelik was ranked #13 among 150 companies.
Arçelik was ranked #34 in the Global 100 Most Sustainable Companies list announced in January 2021 in Davos, and we were also recognized as the world’s most sustainable home appliances and houseware company. We have also earned a place on the 2021 Clean200 List, published in partnership with U.S. non-profit, As You Sow.
ISS ESG Ratings
Arçelik was rated as Prime in September 2020.
FTSE4Good Emerging Market Index
Arçelik has been listed since 2016 as a company with strong ESG performance as measured by FTSE Russell, part of the London Stock Exchange Group.
Carbon Disclosure Project (CDP)
Arçelik received A- in the CDP 2020 Climate Change and Water Security Program, and A in the CDP 2020 Supplier Engagement Program by reporting its operations in Turkey.
Borsa Istanbul Sustainability Index (BIST)
Arçelik has been listed since 2014.
Sustainalytics ESG Risk Rating
In April 2021, Arçelik received an ESG Risk Rating of 16.5 by Sustainalytics and was assessed to be at low level risk of experiencing material financial impacts from ESG factors.
EcoVadis Sustainability Rating
Arçelik obtained a score higher than 66/100 in EcoVadis Sustainability Assessment and was awarded a Gold EcoVadis Medal, placing us among the top 5 percent of companies assessed by EcoVadis.
Morgan Stanley Capital International (MSCI)
Arçelik has been constantly rated AAA on the Sustainability Index since 2016, and AA in 2015.
Task Force on Climate-Related Financial Disclosures (TCFD)
Arçelik has become one of the supporters of TCFD.
Vigeo Eiris ESG Rating
Arçelik received an overall score of 50/100 in the Vigeo Eiris ESG rating and was ranked #1 in the Technology-Hardware Emerging Market.