Arcelik Recognised for Environmental Leadership on Climate and Water

          Arcelik A.S., leading global household appliances manufacturer and mother company of Beko and Grundig, has been awarded a position on this year's A List for climate and water by CDP, the non-profit global environmental disclosure platform.

         

          CDP publishes A-D scores across climate, water and forests for over 3,000 major corporates, with the leaders celebrated on the prestigious A List along with case studies. This is the first year that CDP has announced company scores across all three areas simultaneously, reflecting a holistic approach to corporate sustainability.

          Arcelik A.S. is one of only 25 companies to score an A for both climate and water. This achievement is in recognition of its actions in the last reporting year to manage environmental risks, cut carbon emissions and enhance water stewardship.

          Commenting on the achievement, Hakan Bulgurlu, Arcelik A.S. CEO said: "We're proud to be recognized for combatting the global issue of climate change. Our low-transmission approach, combined with our energy and water efficient products, as well as our innovative methods in waste management and circular economy solutions have allowed us to continue to be listed on the CDP's Global Climate A list for the third consecutive time. We're committed to being a leader in this area and helping create a low carbon future."

          The 2017 A List is comprised of 156 global companies, and has been produced at the request of 827 investors with assets of over US$100 trillion.

          CDP's Executive Chair Paul Dickinson said: "Congratulations to all the companies that made it onto the A List this year. It's inspiring to see so many taking bold action to mitigate environmental risks and grasp the opportunities that come with the transition to a sustainable economy. These companies are driving the transition as we approach a tipping point on environmental action".

          The A-List and full company scores are available on CDP's website: https://www.cdp.net/en/scores-2017

          The scores are released on the same day:

          Tracking progress on corporate climate action [ https://www.cdp.net/en/research/global-reports/tracking-climate-progress-2017 ].

          About Arcelik A.S.

          Arcelik A.S., offers products and services in 145 countries with its 30,000 employees, 18 production facilities in 7 countries (Turkey, Romania, Russia, China, South Africa, Thailand and Pakistan), and its 11 brands. As the third largest home appliances company in Europe, the consolidated turnover of Arcelik A.S. was totalled at TRY 16.1 billion in 2016. It owns 14 R&D centers, employing over 1,300 employees.

          About CDP

          CDP is an international non-profit that drives companies and governments to reduce their greenhouse gas emissions, safeguard water resources and protect forests. Over 6,300 companies with some 55% of global market capitalization disclosed environmental data through CDP in 2017. CDP, formerly Carbon Disclosure Project, is a founding member of the We Mean Business Coalition.

          About Sabanci University Corporate Governance Forum

          Sabanci University Corporate Governance Forum (SU CGFT) is the partner organization of CDP in Turkey. Forum's work is focused on corporate policies and governance around issues that can impact economic development and social welfare. SU CGFT is responsible for the Turkish operations of CDP, since 2009.