Arçelik, the global home appliances company, has today announced that it has been recognized in Bloomberg’s 2023 Gender Equality Index (GEI) for the first time ever this year. As part of the index, Arçelik joins 485 other companies recognized for their commitment to advancing women’s equality across five gender quality pillars: leadership & talent pipeline, equal pay & gender pay parity, inclusive culture, anti-sexual harassment policies, and external brand.
Hakan Bulgurlu, CEO of Arçelik, commented: “We are immensely proud to be included in the Bloomberg GEI for the first time this year. At Arçelik, we believe in a world where everyone has access to equal opportunities and is treated with respect. Our culture places a strong emphasis on DEI, and we work to promote gender equality across all our operations. Equality is a prerequisite for sustainable development. We will constantly double down on our efforts to address today’s challenges and secure an equal and inclusive future for all.
The inclusion of Arçelik within the index comes just under a year after Koç Holding Group, under which Arçelik operates, launched its gender equality initiative in technology and innovation that led Arçelik to announce new equity commitments across its operations. These commitments focused on raising equality between men and women in the workplace with Arçelik committing to doubling the number of women working in STEM from 16% to 35% and providing technology, design, IT, and software training to 100,000 girls.
The CEO of Arcelik, one of the world’s biggest home appliance makers, told Xinhua recently that China is a bright spot for business amid global recession fears and an increasingly gloomy market outlook.
Speaking of the present headwinds against the world economy, Hakan Bulgurlu said, “we will have to go through a lot of pain before it gets better.”
China, however, is “a little bit of a different picture,” he said in a video interview with Xinhua.
Established in 1955, Arcelik is a Turkish multinational household appliances manufacturer headquartered in Istanbul. With 45,000 employees, its global operations include subsidiaries in 53 countries, 30 production facilities in nine countries.
Arcelik’s domestic sales in China have grown by roughly 80 percent in 2022.
“I find China one of the more promising places to be in the future. It has always been the factory of the world, and I think it will continue to be the factory of the world,” said Bulgurlu.
“The world economy has significantly slowed down, and we are facing a recession on many fronts,” said the Turkish businessman, who had lived in Hong Kong for 13 years.
Calling himself “a big fan” of China and Asia, Bulgurlu said he is optimistic about the business performance in the future Chinese market. “I think demand for appliances continues. We want to continue investing in China to actually bring our brands in.”According to Bulgurlu, four product groups, namely heating and cooling, refrigeration, lighting and electric motors, consume about 40 percent of all power. Many current technologies have made these production much more efficient.
“We need global regulations to make us use the best available technologies in all of these product groups to reduce power consumption,” he said.
Regarding the upcoming COP27 meeting, he said “I hope to make some progress and talk not only with policymakers but other CEOs as well.”
“I actually admire China in the sense that when China makes a decision, it follows through very, very fast,” Bulgurlu said.
Grundig expanding its sustainable product range, offering a solution to avoid microplastics in the water: the world’s first washing machines with built-in microplastic filter. The new technology filters up to 90% of textile microfibres from the washing water before they enter the wastewater and pollute the environment.With every wash, clothing and textiles release up to 3,000 fibres that reach our rivers, lakes and seas via wastewater. There, the microfibres are taken up by fish and other marine creatures, entering the food chain and ending up on our plates.
Grundig wants to stop this pollution cycle and brings the first washing machines with an integrated microplastic filter.
The first Grundig washing machines available with built-in microplastic filter technology are the models GW7P79419W for 9kg laundry and the 10kg model, GW7P510419W. The filter is located in the detergent compartment and is automatically activated in the Easy Care, Shirts and Outdoor/ Sport programmes. Several times during the washing cycle, the water is passed through the microplastic filter before it is pumped into the wastewater. Up to 90% of the synthetic microfibers are collected from the washing water inside the filter.
This week, Real Leaders® launched the inaugural Eco Innovation Awards to its global community of social impact executives. Arçelik, parent company to 12 leading home appliance brands including Beko and Grundig, has been ranked 3rd in the Top 50 list for its world first integrated FiberCatcher® technology washing machine.
Real Leaders® Eco Innovation Awards recognizes products, projects, and initiatives that are actively contributing to a healthier planet and celebrates achievement in making an environmental impact. Entries were judged on their creativity, innovation, originality, and measurable impact, as well as their ability to help solve an environmental challenge.
One key issue is synthetic microfibers which are the most prevalent type of microplastics found in water, contributing to around 33% of microplastics in the ocean1. To combat the growing tide of microplastic waste, Arçelik developed the innovative FiberCatcher® technology. The washing machines with FiberCatcher® technology include the world’s first integrated synthetic microfiber filtering system that catches up to 90% of synthetic fibers released from garments, which helps protect waterways, oceans, and marine life. Additionally, each FiberCatcher® washing machine produced with a recycled PET tub contains up to 60 recycled bottles to reduce plastic waste.
“We are honored to have our innovation recognized by Real Leaders and pleased to be in the company of our fellow award winners,” said Hakan Bulgurlu, CEO of Arçelik. “The climate crisis is the most pressing issue of our day, and we need creative, innovative solutions as well as collaborative action to ensure a sustainable future. Our FiberCatcher® technology is a world-first innovation in preventing synthetic fiber waste leaking into waterways and demonstrates our commitment to develop effective and concrete solutions to some of our biggest environmental challenges as well as to encourage others to live a more sustainable lifestyle.”
With over 40,000 employees throughout the world, Arçelik’s global operations include subsidiaries in 52 countries, and 28 production facilities in 9 countries and 12 brands (Arçelik, Beko, Grundig, Blomberg, ElektraBregenz, Arctic, Leisure, Flavel, Defy, Altus, Dawlance, Voltas Beko). As Europe’s second-largest white goods company by market share (based on volumes), Arçelik reached a consolidated turnover of 6.5 billion Euros in 2021. Arçelik’s 28 R&D and Design Centers & Offices across the globe, are home to over 2,200 researchers and hold more than 3,000 international patent applications to date. In 2021, Arçelik achieved the highest score in the DHP Household Durables category for the 3rd year in a row in the Dow Jones Sustainability Index of the S&P Global Corporate Sustainability Assessment. Through its leadership position in sustainability and credible decarbonization roadmap for achieving net zero, Arçelik became the first and only company from its industry to receive the Terra Carta Seal by HRH Prince of Wales. Arçelik’s mission is ‘Respecting the World, Respected Worldwide
Grundig have formed an alliance with ReNew ELP to recycle our FiberCatcher® filter at the world’s first commercial-scale HydroPRS™ plastic recycling site.
Based in Teeside in North East England, this commercial scale hydrothermal advanced recycling site will be capable of recycling end-of-life plastic, converting mixed plastics back into fossil-replacement feedstock for use in the manufacture of new plastics and other products.
Whilst the Grundig FiberCatcher® filter is not suitable for traditional mechanical recycling via household collection, our partnership with ReNew ELP will allow users to recycle the filters, transforming used materials into repurposed plastic.
By partnering with ReNew ELP and utilising the world’s first commercial-scale HydroPRS™ plastic recycling site, we are able to prove Grundig’s commitment to the environment, minimising the environmental impact of our appliances in the process.
Grundig launches World’s 1st FiberCatcher® washing machine to help tackle plastic pollution
Beko plc was part of the All-Party Parliamentary Group (APPG) that met at a Houses of Parliament event hosted by Alberto Costa MP, Chair of the APPG.
The APPG has published a policy paper to look at the issues surrounding Microplastics and their harmful effect on the environment. The group was made up of MPs, manufacturers, charities and NGOs – and called on government to take several steps to reduce microplastics, including mandating appliance manufacturers to incorporate microfibre filters in washing machines.
Microplastic pollution is a growing problem, with little pieces of plastic shedding from clothing during the wash cycle and entering our water sources.
Helping to solve this issue is a new and innovative appliance from Grundig. The Grundig FiberCatcher® washing machine was highlighted as a great example of a product innovating in this space. Grundig FiberCatcher® is the World’s 1st washing machine with an integrated synthetic microfibre filter that catches up to 90% of synthetic fibres released only during synthetic wash cycles, helping to protect our waterways and oceans.
The Grundig FiberCatcher® washing machine has three programmes that catch synthetic microfibres in a special integrated filter, which when full, is returned to Grundig, to then be sent to a specialist company to be recycled.
Other organisations in attendance and making a difference were the Marine Conservation Society whose ‘Stop Ocean Threads’ campaign has driven awareness and action on microfibre pollution, and The WI (National Federation of Women’s Institutes). Not only are the WI the Secretariat to the APPG, but they have been working to protect and conserve our oceans from pollution since 1927. They also launched the ‘End Plastic Soup’ campaign in 2017 to focus specifically on the issue of microplastic fibre pollution
Arçelik A.Ş. (IST: ARCLK) (“Arçelik”), the global leading consumer durables and electronics manufacturer, has announced that Polat Şen, the Chief Financial Officer (CFO) of Arçelik has joined the UN Global Compact CFO Taskforce. With 60 members across 23 industries and five regions, the CFO Taskforce aligns UN’s Sustainable Development Goals (SDGs), the corporate sustainability commitments to credible finance strategies with the intention of producing real world impact through long-term sustainable change.
The CFO Taskforce has a collective market cap of 1.7 trillion and grants the CFOs a unique position to reshape the future of global corporate finance and investment for growth, social impact and ultimately SDGs investment. Coming together at the UN’s General Assembly week commencing the 21st September, financial leaders from all around the world, will discuss and develop action plans to solve today’s environmental and social challenges. As one of the members of the task force, Arçelik has made great strides in its sustainability journey, instigating long-term positive change and contributing to the SDGs.
This announcement follows Arçelik’s Green Bond issuance in May 2021, where the business launched the first of its kind, from a Turkish industrial company in the international market. Using the bond, included in Arçelik’s Green Financing Framework, the company is financing its Eligible Green Projects that include energy-efficient, eco-efficient and circular economy adapted products and the promotion of energy efficiency in production. The Green bond is also funding the company’s sustainable water resources and wastewater management, pollution prevention control, renewable energy, and green buildings initiatives. This further demonstrates Arçelik’s commitment to sustainability and leadership in the industry for such an initiative.
Polat Şen, CFO, Arçelik said:
“It’s a great honour to join the UN Global Compact CFO Taskforce. At Arçelik, we see sustainability as a business strategy that needs to be incorporated into the heart and mind of business and this initiative looks to achieve that. Joining fellow CFO’s intent on making positive change, I believe it will be a great opportunity to learn from and collaborate with business leaders. From financial frameworks to investment decisions, we can be a catalyst for positive change and investment.”
With over 40,000 employees throughout the world, Arçelik’s global operations include sales and marketing offices in 48 countries, and 28 production facilities in 9 countries and 12 brands (Arçelik, Beko, Grundig, Blomberg, ElektraBregenz, Arctic, Leisure, Flavel, Defy, Altus, Dawlance, Voltas Beko). As Europe’s second largest white goods company by market share (based on volumes), Arçelik’s consolidated revenue reached US$4.3 Billion in 2020. Arçelik’s 30 R&D and Design Centers across the globe, are home to over 1,700 researchers and hold more than 3,000 international patent applications to date. Arçelik is named the “Industry Leader” in the Durable Home Appliances category for the 2nd year in a row in Dow Jones Sustainability Index 2020 and, in accordance with PAS 2060 Carbon Neutrality Standard, became carbon-neutral in global production plants in 2019 and 2020 fiscal years with its own carbon credits. Arçelik’s mission is ‘Respecting the World, Respected Worldwide
TCG Awards are given to the most innovative brands operating in the technical consumer goods sector, in the EMEA macro area. This year the Turkish multinational Arçelik, which also includes Beko and Grundig brands, was awarded with this recognition within the ‘Sustainability’ category. The winners are selected by a jury made up of top managers of the main EMEA technology dealers and a representative of GFK. The aim of the award is to search for brands in various sectors to be awarded as the brand of the year, the specialist with the most impactful category, the most relevant technological innovation, the brand that operates also thinking about sustainability.
“The power of nature concentrated in household appliances to make us live healthy”: «faithful to this mood – they comment from the company – Arçelik has always been careful to the environment and people’s health and is committed to contributing to the creation of a green future through products developed on the principles of sustainability and efficiency. This approach to production has been repeatedly recognized nationally and internationally, obtaining numerous prizes and awards in the field of sustainability. All activities and emissions deriving from production activities are carried out in accordance with international standards and verified by independent control bodies. ‘Respecting the World, Respected Worldwide’: this is the vision adopted by the Group that guides all production activities, aimed at saving energy and water and a responsible approach to production and consumption, from waste management to recycling.
Arçelik also interprets the sustainability theme for Beko and Grundig brands as a lifestyle and it is present in all the internal dynamics of the business models: a fundamental strategy for the Company to evolve and respond in a timely manner to the changing world and to always be different and in step with new economic needs, the environment and people.
For the same category, the company also won this year the gold medal and inclusion in the 2020 sustainability yearbook (2020samyearbook) which highlights the best performing companies in the various sectors in terms of attention to the environment, social responsibility and with significant financial governance (ESG).
NOW YOUR FRIDGE HAS A NOSE FOR MEAT QUALITY.
As a valuable commodity with a variable shelf life, raw meat needs special attention. For your own wellbeing, our FreshMeter keeps an eye on your fresh meat products. The sensor integrated into a special meat compartment responds to gas emissions and indicates the freshness of stored meat by means of a traffic light display on the fridge: green means everything is fine, yellow indicates the meat should be used, and red shows that it should not be eaten.
Grundig’s Gourmet Chef Smart Oven is equipped with advanced connected technologies and sensors allowing users to precisely control the temperature of their food as it cooks to ensure the best results. This includes a moisture and oxygen sensor, a temperature control sensor and BLDC motor, an integrated camera and a multipoint meat probe. The Gourmet Chef oven also features a 7” Touch TFT Display that lets users control these in-oven smart functions, allowing for easy monitoring and adjustments to the cooking process.
In addition to these smart functions, Grundig’s Steam Assist technology allows users to easily cook poultry, meat and fish to the perfect level of tenderness, as well as bread and pastries to rival an artisan bakery. The secret ingredient is multiple bursts of steam released throughout the cooking cycle at predetermined times based on the selected automatic cooking programme. This ensures that baked goods retain up to 7% more moisture, and develop a rise 14% higher than they would in a traditional oven, as well as a crisp and shiny crust. Full steam cooking is also an ideal cooking method for users looking to maintain a healthy diet, as it removes the need to cook using oil. This cooking process also allows the food to retain a higher quantity of vitamins and minerals. The Gourmet Chef Smart Oven offers full steam and combination steam cooking programmes, and can also be used as a conventional oven.
The intuitive innovation doesn’t stop there. Dealing with the aftermath of a spitting joint of meat is no longer a problem thanks to Grundig’s advanced automatic self-cleaning with water, which cleans the whole oven at the touch of a button. And to ensure that users’ cleaning practices remain sustainable, quick cleaning functions start at off-peak electricity hours