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Beko Recognised as One of TIME Magazine's Most Sustainable Companies in the World 2025

Business

Beko Recognised as One of TIME Magazine's Most Sustainable Companies in the World 2025
Business

Business

Beko Recognised as One of TIME Magazine's Most Sustainable Companies in the World 2025

2025-07-07 15:00 Last Updated At:15:15

Holding the top spot in its industry , the company makes its second appearance on the list.

ISTANBUL, July 7, 2025 /PRNewswire/ -- Leading global home appliance manufacturer Beko has been named one of TIME Magazine's World's Most Sustainable Companies for the second year running, earning a place in the Top 20 and securing the #1 position in its industry.

The annual ranking, developed in partnership with Statista, evaluates more than 5,000 global companies across data-driven KPIs spanning environmental and social stewardship, reporting and transparency. Beko's ranking at #17 marks a leap from its 2024 position at #44, a rise achieved despite TIME introducing stricter assessment criteria this year.

"The recognition by TIME and Statista proves that sustainability and scale don't have to be at odds," explained Hakan Bulgurlu, CEO of Beko. "We're proud to be the sector leader, not just by intent, but through verifiable progress, smart design, and industry-leading transparency. We call this 'Sustainability That Scales'. What matters is building systems that allow people and the planet to thrive, at every level, and in every market - and that starts with the dedication and endeavour of our teams around the world."

Beko's top-tier ranking is a testament to its sustained investment in energy-efficient manufacturing, adherence to circular economy principles, and a long-term ESG strategy, manifesting the company's resolve to drive meaningful, measurable impact across its operations. Key milestones that contributed to Beko's position include:

  • Deployment of low-carbon production processes at key global facilities
  • Scaled use of recycled materials across product lines
  • Transparent ESG reporting and supply chain traceability
  • Early adoption of green innovation standards across Europe and emerging markets

The recognition comes at a pivotal moment for the consumer goods and manufacturing sectors, as expectations for sustainability and impact continue to rise. By embedding sustainability into its business model and supply chain, Beko demonstrates how long-term impact can be achieved without compromising commercial growth.

Beko's sustainability performance includes several notable achievements:

  • Renewable energy installed capacity reached 90.2MWp in manufacturing.
  • 27,835 tonnes of recycled plastics were used in products.
  • 1.86 million Waste Electrical and Electronic Equipment (WEEE) units were recycled since 2014 in WEEE recycling plants.
  • Energy efficient products represented 61.9% of turnover, with low-carbon products accounting for 71.5%.

Additionally, the company's Ulmi facility in Romania, which operates on 100% green electricity, remains a global benchmark for low-impact manufacturing and is officially recognized by the World Economic Forum as a Sustainability Lighthouse.

Bulgurlu concludes, "This recognition is more than a ranking, it's a validation of our belief that sustainability must scale. At Beko, we're embedding environmental responsibility into every layer of our business, from design and manufacturing to supply chains and the homes we serve. As we continue our journey to net zero by 2050, this milestone affirms the impact of credible data, long-term thinking, and putting sustainability at the centre of how we grow."

About Beko

Beko is an international home appliance company with a strong global presence, operating through subsidiaries in more than 55 countries with a workforce of over 50,000 employees and production facilities spanning multiple regions—including Europe, Asia, Africa, and the Middle East. Beko has 22 brands owned or used with a limited license (Arçelik, Beko, Whirlpool*, Grundig, Hotpoint, Arctic, Ariston*, Leisure, Indesit, Blomberg, Defy, Dawlance, Hitachi*, Voltas Beko, Singer*, ElektraBregenz, Flavel, Bauknecht, Privileg, Altus, Ignis, Polar). Beko became the largest white goods company in Europe with its market share (based on volumes) and reached a consolidated turnover of 10.6 billion Euros in 2024. Beko's 29 R&D and Design Centers & Offices across the globe are home to over 2,300 researchers and hold more than 3,500 international registered patent applications to date. The company has achieved the highest score in the S&P Global Corporate Sustainability Assessment (CSA) in the DHP Household Durables industry for the sixth consecutive year (based on the results dated 22 November 2024) and has been included in the Dow Jones Sustainability Indices for the eighth consecutive year.** Beko's vision is 'Respecting the World, Respected Worldwide.' 

www.bekocorporate.com

*Licensee limited to certain jurisdictions.  
**The data presented belongs to Arçelik A.Åž., a parent company of Beko.  



Holding the top spot in its industry , the company makes its second appearance on the list.

ISTANBUL, July 7, 2025 /PRNewswire/ -- Leading global home appliance manufacturer Beko has been named one of TIME Magazine's World's Most Sustainable Companies for the second year running, earning a place in the Top 20 and securing the #1 position in its industry.

The annual ranking, developed in partnership with Statista, evaluates more than 5,000 global companies across data-driven KPIs spanning environmental and social stewardship, reporting and transparency. Beko's ranking at #17 marks a leap from its 2024 position at #44, a rise achieved despite TIME introducing stricter assessment criteria this year.

"The recognition by TIME and Statista proves that sustainability and scale don't have to be at odds," explained Hakan Bulgurlu, CEO of Beko. "We're proud to be the sector leader, not just by intent, but through verifiable progress, smart design, and industry-leading transparency. We call this 'Sustainability That Scales'. What matters is building systems that allow people and the planet to thrive, at every level, and in every market - and that starts with the dedication and endeavour of our teams around the world."

Beko's top-tier ranking is a testament to its sustained investment in energy-efficient manufacturing, adherence to circular economy principles, and a long-term ESG strategy, manifesting the company's resolve to drive meaningful, measurable impact across its operations. Key milestones that contributed to Beko's position include:

  • Deployment of low-carbon production processes at key global facilities
  • Scaled use of recycled materials across product lines
  • Transparent ESG reporting and supply chain traceability
  • Early adoption of green innovation standards across Europe and emerging markets

The recognition comes at a pivotal moment for the consumer goods and manufacturing sectors, as expectations for sustainability and impact continue to rise. By embedding sustainability into its business model and supply chain, Beko demonstrates how long-term impact can be achieved without compromising commercial growth.

Beko's sustainability performance includes several notable achievements:

  • Renewable energy installed capacity reached 90.2MWp in manufacturing.
  • 27,835 tonnes of recycled plastics were used in products.
  • 1.86 million Waste Electrical and Electronic Equipment (WEEE) units were recycled since 2014 in WEEE recycling plants.
  • Energy efficient products represented 61.9% of turnover, with low-carbon products accounting for 71.5%.

Additionally, the company's Ulmi facility in Romania, which operates on 100% green electricity, remains a global benchmark for low-impact manufacturing and is officially recognized by the World Economic Forum as a Sustainability Lighthouse.

Bulgurlu concludes, "This recognition is more than a ranking, it's a validation of our belief that sustainability must scale. At Beko, we're embedding environmental responsibility into every layer of our business, from design and manufacturing to supply chains and the homes we serve. As we continue our journey to net zero by 2050, this milestone affirms the impact of credible data, long-term thinking, and putting sustainability at the centre of how we grow."

About Beko

Beko is an international home appliance company with a strong global presence, operating through subsidiaries in more than 55 countries with a workforce of over 50,000 employees and production facilities spanning multiple regions—including Europe, Asia, Africa, and the Middle East. Beko has 22 brands owned or used with a limited license (Arçelik, Beko, Whirlpool*, Grundig, Hotpoint, Arctic, Ariston*, Leisure, Indesit, Blomberg, Defy, Dawlance, Hitachi*, Voltas Beko, Singer*, ElektraBregenz, Flavel, Bauknecht, Privileg, Altus, Ignis, Polar). Beko became the largest white goods company in Europe with its market share (based on volumes) and reached a consolidated turnover of 10.6 billion Euros in 2024. Beko's 29 R&D and Design Centers & Offices across the globe are home to over 2,300 researchers and hold more than 3,500 international registered patent applications to date. The company has achieved the highest score in the S&P Global Corporate Sustainability Assessment (CSA) in the DHP Household Durables industry for the sixth consecutive year (based on the results dated 22 November 2024) and has been included in the Dow Jones Sustainability Indices for the eighth consecutive year.** Beko's vision is 'Respecting the World, Respected Worldwide.' 

www.bekocorporate.com

*Licensee limited to certain jurisdictions.  
**The data presented belongs to Arçelik A.Åž., a parent company of Beko.  

** The press release content is from PR Newswire. Bastille Post is not involved in its creation. **

Beko Recognised as One of TIME Magazine's Most Sustainable Companies in the World 2025

Beko Recognised as One of TIME Magazine's Most Sustainable Companies in the World 2025

Beko Recognised as One of TIME Magazine's Most Sustainable Companies in the World 2025

Beko Recognised as One of TIME Magazine's Most Sustainable Companies in the World 2025

PUNE, India, April 2, 2026 /PRNewswire/ -- EKA Mobility, a leading electric vehicles and technology company, today announced a strong 5X year-on-year volume growth in FY 2025–26, with 1,143 units sold and 1,344 electric commercial vehicles produced. This milestone comes on the back of the company's comprehensive electric vehicle portfolio across segments. During the year, EKA entered the M&HCV truck segment, in addition to its existing bus and SCV portfolio. The company is a Champion OEM under the Auto PLI Scheme and has achieved certification across multiple platforms.

"FY 2025–26 is a defining year for EKA Mobility. We are not only scaling volumes but also expanding our manufacturing footprint by adding a new plant recently and increasing our planned annual capacity to 10,000 buses, 6,000 trucks and 24,000 SCVs. With the widest range of fully homologated, born-electric platforms from last-mile to long-haul, we are uniquely positioned as a full-stack EV company. Our growth across electric buses, small commercial vehicles, and now trucks validates both market demand and our execution capability.

India's transition to clean commercial mobility is accelerating, and EKA is at the forefront driving this shift at scale, with technology, innovation, and global ambition."

— Dr. Sudhir Mehta, Founder & Chairman, EKA Mobility

Strong Business Momentum Across Segments

  • Electric Bus Leadership:
    Secured wins under PM e-Bus Sewa and PM E-DRIVE; deployed vehicles across 15+ states including Maharashtra, Gujarat, Uttar Pradesh, Karnataka, and Delhi
  • SCV Breakout Year:
    Strong uptake of 3S & 6S passenger vehicles and 3W cargo platforms, accelerating last-mile mobility adoption
  • Electric Trucks:
    New Growth Engine: Entry into heavy-duty trucks contributing to growth and expanding presence in logistics electrification
  • Hydrogen Fuel Cell:
    Deployed a 9-metre hydrogen fuel cell bus at Cochin International Airport with KPIT Technologies and BPCL; plans to deploy 15 more buses

Key Highlights:

Global Expansion:

  • Commenced electric bus deployments in Africa
  • Partnership with Kerchanshe Group for CKD assembly and distribution
  • Agreement with NBFI Capital for manufacturing in Australia

Manufacturing Scale-Up:

  • Two Pune facilities operational; Pithampur plant to be operational shortly
  • Planned annual capacity: 10,000 buses, 6,000 trucks and 24,000 SCVs

Retail Network:

  • Expanded dealership network; plans to add 120 dealerships in FY27

Order Book Visibility:

  • 6,000+ confirmed e-buses to be delivered over the next two years

About EKA Mobility

EKA Mobility is a Pune-based electric vehicle and technology company focused on transforming India's commercial mobility landscape. With a portfolio spanning electric buses, electric trucks, and small commercial vehicles, EKA combines electric vehicle manufacturing with proprietary AI-powered fleet technology to deliver end-to-end mobility solutions.

EKA Mobility is backed by Mitsui & Co., Ltd. (Japan), VDL Groep (Netherlands), Pinnacle Industries Limited, Enam Holdings and the NIIF India-Japan Fund as equity and strategic partners and has expanded its footprint to markets in East Africa, South Africa, and Australia.

To know more about the company, kindly visit: https://ekamobility.com 

** This press release is distributed by PR Newswire through automated distribution system, for which the client assumes full responsibility. **

EKA Mobility Achieves 5x Volume Growth

EKA Mobility Achieves 5x Volume Growth

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