SBTi approval for Beko’s net zero target
Beko receives approval from international organizations for its work in the field of sustainability. The company, which focuses on sustainability in all its activities from product to production, from supply to sales and after-sales, with the aim of “Inspiring Sustainable Lives in Every Home”, has received the approval of the Science-Based Targets Initiative (SBTi) for its near-term goals and net zero target, in line with the 1.5 degree scenario. took it.
The Science-Based Targets Initiative (SBTi), which guides and validates companies in setting targets to reduce greenhouse gas emissions in line with the 1.5°C target of the Paris Agreement, aims to encourage the private sector to play an active role in the fight against climate change. Beko’s near-term targets approved by SBTi include reducing absolute Scope 1 and 2 greenhouse gas emissions and absolute Scope 3 emissions from the product use phase by 42% by 2030, compared to the 2022 base year. In line with the SBTi-approved commitment to become net zero by 2050, the company aims to reduce absolute Scope 1-2 and also absolute Scope 3 greenhouse gas emissions by 90% compared to the 2022 base year.
“IT IS IMPORTANT TO RAPIDLY DECARBANIZE THE SECTOR”
Emphasizing that they see sustainability as a business model, Beko CEO Hakan Bulgurlu said, “We feel the effects of the climate crisis more acutely every day. The June-August period was recorded as the warmest period in the world since records began in 1940. Scientists state that the probability of 2024 being the hottest year ever is increasing. At this point, rapidly decarbonizing our industry is extremely important not only for our responsibility towards the planet and society, but also for the future of our business. As Beko, we focus on reducing our carbon footprint, energy efficiency and increasing our renewable energy installed capacity in all our processes, especially production and R&D. “We increase efficiency by digitalizing our factories in accordance with Industry 4.0 standards and lead our industry with our energy efficient products.”
CEO Bulgurlu added: “As of the end of 2023, we reduced our energy consumption per product in our production processes by 25.7% compared to the base year 2015. In 2023 alone, we saved approximately 95,680 GJ of energy through 373 energy efficiency projects and, as a result of our increased efficiency, 6,983 tons of CO2We prevented e-emissions. We used 64% green electricity in all our production operations. We aim to use 100% green electricity in all our production facilities and increase our waste recycling rate to 99% by 2030. With our goal of reducing our impact on the planet, we attach importance to our stakeholders being in line with us in this field. We aim to increase the green electricity usage rate of our suppliers to 100% by 2030. Our ultimate goal is a net zero future. “The approval we have received from SBTi reinforces the accuracy of our sustainability work and the reliability of our scientifically based targets.”
RENEWABLE ENERGY INSTALLED POWER OVER 90 MWP
Beko received the highest score in its sector in the S&P Dow Jones Sustainability Index for 5 consecutive years; Within the scope of its sustainability targets, it will further its goal of reaching a renewable energy installed capacity of 50 MW by 2030, and will increase its renewable energy installed power from 20.3 MWp at the end of 2023 to 90 MWp at the end of 2024. The company aims to prevent 57 thousand tons of CO2e emissions while producing 138 million kWh of electricity annually with the renewable energy installed capacity it will reach by the end of the year. In its solar power plant investments, the company uses high-quality solar panels produced in its facilities that produce full capacity with artificial intelligence support. These facilities, which produce PV modules, have an average annual production capacity of 1 million solar panels, with a total annual value of 600 MW.
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