Water Risk Management

The Environmental Coordination Working Group carries out water risks management and water efficiency activities in accordance with the Arçelik strategy and reports them to the Sustainability Board.

The Sustainability Board monitors and evaluates water risks, strategies, and impact on business objectives quarterly. Risks and opportunities are prioritized by the Sustainability Board according to the Arçelik scoring methodology. According to this methodology, risks and opportunities are scored based on financial, reputational, production, human, and legal impacts, and the highest score is defined as the point of impact. Environmental risks and climate related physical risks are considered in the evaluation criteria of new joint ventures/acquisitions added to Arçelik Global group of companies. Internally, water risks are determined by the WWF Water Risk Filter and WRI Aqueduct Water Risk Atlas, and the analysis results of these tools are reviewed annually.