Arcelik Group Gains AA Sustainability Rating


November 2015


Arçelik Group, one of the leading players in the global home appliances industry and parent company of Beko, has been awarded an AA rating in the MSCI (Morgan Stanley Capital International) Global Sustainability Index Series. This latest accolade reinforces the company’s, ‘Respects the Globe, Respected Globally’ vision which focuses on delivering sustainable efficiency and excellence throughout all its business processes.

The company has obtained an ‘above average’ rating in the environmental categories of ‘electronic waste’, ‘clean technologies’ and the social issue of ‘Supply Chain Labour Standards’. It has also been rated Green (G) in MSCI’s ESG (Environmental, Social and Governance) Impact Monitor.

Hakan Bulgurlu, Arçelik Group CEO, comments: “With our sustainability vision, we strive to improve our performance in the social, environmental and economic fields and innovative processes that generate value for our entire operations. Our corporate policies and strategies are built in line with our sustainability principles, whilst our comprehensive performance tracking is integral to our sustainability goals, which are part of our corporate business aims.”

Bulgurlu continued; “ESG ratings can play a vital role in benchmarking and driving improvement across a wide spectrum of issues: energy efficiency and carbon reduction; occupational health and safety and human rights; broad diversity and the quality of a sustainability strategy.”

He also added that the leading electronic waste recycling facilities, which were established by Arçelik in Eskişehir and Bolu in Turkey, were the main drivers for obtaining the high ratings.

The products and the services of MSCI ESG Research, which is one of the leading providers worldwide in the Environmental, Social and Governance (ESG) ratings, are monitored closely by corporate investors and fund managers.

About MSCI ESG: The MSCI ESG rating is based on a company’s environmental, customer, human rights and society, employee rights and supply chain and governance credentials.