Arçelik becomes carbon-neutral in global production operations

Arçelik, one of the leading companies in sustainability, has succeeded in becoming carbon-neutral in global production with its own carbon credits and has taken another important step in the fight against climate crisis.

ISTANBUL, Sept. 21, 2020 /PRNewswire/ -- Operating in nearly 150 nations with its vision Respecting the World, Respected Worldwide, Arçelik will achieve its target of being a carbon-neutral company. Developing climate-friendly products that use less resources and that are accessible to all in line with the 2030 United Nations Sustainable Development Goals, Arçelik marks a milestone in its sustainability efforts.

 

 

"Within the scope of the Carbon Financing Project for Energy Efficient Refrigerators in Turkey, we received the right to 305,407 tons of CO₂e emission reductions between 2013 and 2018. With this carbon credit we obtained by introducing innovative refrigerators with high energy efficiency level to the Turkish market, we achieved a meaningful shift from 'business as usual' to a new technology and thus, our global production facilities* will become carbon-neutral in 2019 and 2020 fiscal years. For us, sustainability is both a must for the future of humanity and a profitable business model," says Hakan Bulgurlu, Arçelik CEO.

The Carbon Financing Project was initiated by Arçelik with the consultancy of GAIA Carbon Finance in 2013. The 305,407 tons of carbon credit earned by Arçelik via the Carbon Financing Project, was verified by a 3rd party verification company RINA in compliance with the Verified Carbon Standard. The company will use this credit to offset direct and indirect GHG emissions (Scope 1 and Scope 2) generated in global production facilities in 2019 and 2020 and thus become carbon neutral in global production plants in 2019 and 2020 fiscal years without purchasing any carbon offset credit, in accordance with PAS 2060 carbon neutrality standard, self-declared by Arçelik.

Through its long-term carbon-neutral strategy in line with the Science-Based Targets Initiative (SBTi), Arçelik plans to continue the Carbon Financing Project for 4 more years and contribute to the reduction of GHG emissions through various renewable energy investments, and verification for its efforts at its own Waste Electrical and Electronic Equipment (WEEE) Recycling Plants, which differentiate the company from its sector. Having committed to the SBTi in 2017, Arçelik continues its efforts on finalizing its global Scope 1-2-3 emission reduction targets.