Energy Efficiency, GHG Emissions, Industrial  -  November 26, 2024

Beko Secures SBTi Validation

Beko, a global home appliances manufacturer, announced that it has received validation from the Science Based Targets initiative (SBTi) for its near- and long-term net-zero science-based targets. 

With its approved science-based targets, Beko commits to reach net zero GHG  emissions across the value chain by 2050. As near-term targets, the company aims to reduce its absolute Scope 1 and 2 emissions by 42% in 2030 compared to a 2022 base year and Scope 3 emissions from use of sold products by 42% for the same time frame. For its long-term targets, Beko plans to cut its absolute Scope 1 and 2 emissions by 90% and absolute Scope 3 emissions by 90% in 2050, also compared to a 2022 base year.  

"Every industry has a responsibility to meet critical global emissions targets designed to ensure the sustainable future of our planet. While we are proud today to have been validated by the SBTi following the steps we have taken within the last fifteen years to embed our emission reduction targets into our entire business model, there is more work to be done," says Hakan Bulgurlu, CEO of Beko, in a statement. "Achieving net zero targets requires addressing emissions across Scopes 1, 2, and particularly Scope 3. Scope 3 emissions account for 99% of our total emissions. Since 82% of total Scope 3 emissions stem from use of sold products, energy efficient products must remain a key focus. This makes it essential for our products to be particularly energy-efficient, supporting a sustainable future at every level of the value chain."