Arçelik sets new sustainability commitments
Household appliance giant Arçelik has earned plenty of praise for its approach to sustainability. The Turkish manufacturer recently received the inaugural Terra Carta Seal award, presented to companies that commit to sustainable strategies at the COP26 climate summit in Glasgow.
Since 2015 Arçelik, has been led by CEO Haan Hamdi Bulgurlu, who has made sustainability a key component of the company’s core strategy. Speaking with Forbes, he explained “While climate change is a system problem and action needs to be taken at a political level, there is an important role for companies to play, and Arcelik intends to be part of the coming transition”.
Arçelik claims to have achieved carbon neutrality in its operations, which Bulgurlu explained as “critical for any company’s own survival”. That said, the company has set new targets to achieve further sustainability .
According to reports, Arçelik is re-submitting science-based targets for its Scope 1, 2 and 3 emissions to the Science Based Targets initiative. The company is aiming for a reported 50.4% decrease across all three scopes by 2030. Energy consumption in the company’s air conditioning products decreased by 85% in the past 15 years, but Bulgurlu is pushing for another 15% decrease by 2030. “That means committing to technologies that, as yet, don’t exist”, the CEO explained.