Arçelik showcases climate action commitments at UN General Assembly with ambitious sustainable development goals USA – English USA – English USA – English

ISTANBUL, Sept. 25, 2023 /CNW/ — Arçelik, a world chief in house home equipment, reaffirmed its dedication to advancing sustainable growth and local weather motion on the United Nations Normal Meeting (UNGA) final week, the place authorities and enterprise leaders convened to pledge investments and actions to drive progress throughout the Sustainable Improvement Objectives (SDGs) by 2030.

Arçelik CFO Özkan Çimen
Arçelik CFO Özkan Çimen
Arçelik CCO Ragıp Balcıoğlu
Arçelik CCO Ragıp Balcıoğlu

The corporate has develop into an early mover of the newly launched UN World Compact initiative, Ahead Quicker, which challenges companies to raise their ambitions in 5 strategic areas: residing wage, gender equality, local weather motion, water motion, and sustainable finance. Alongside the UNGC Leaders Summit the place the Ahead Quicker initiative was introduced, Arçelik Chief Industrial Officer Ragıp Balcıoğlu has attended varied occasions at Local weather Week 2023, participating with the United Nations officers, enterprise leaders and civil society in essential discussions on rapid local weather motion.

As a member of the CFO Coalition for the SDGs, Arçelik’s Chief Monetary Officer Özkan Çimen has been working with the Coalition to create an impactful case examine sequence titled “Company Investments and Financing to Help Bold Local weather Motion,” launched in collaboration with the Science-Primarily based Goal initiative (SBTi). Çimen delivered a keynote on the SDG Funding Discussion board on 21st September, unveiling one of many sequence of case research and showcasing how direct, actual economic system investments in crucial areas of sustainable growth can unlock scalable personal sector contributions to the SDGs, supporting key priorities on the UN Secretary-Normal’s agenda.

Non-public Sector Discussion board & Ahead Quicker Launch

The UN Non-public Sector Discussion board held this 12 months centred on collaborative efforts between the personal sector and different stakeholders to speed up the belief of the 2030 Agenda for Sustainable Improvement. The occasion showcased the transformative potential of direct, actual economic system investments in crucial areas of sustainable growth, unlocking scalable personal sector contributions to the Sustainable Improvement Objectives (SDGs).

Launching in the course of the Discussion board is the Ahead Quicker Initiative which Arçelik has expressed its dedication to. The initiative will acknowledge firms dedicated to bold targets that align with the ambition of the 2030 Agenda. These firms will showcase tangible actions for attaining these targets and the partnerships that can facilitate collective aim attainment.

As a part of the Ahead Quicker initiative, Arçelik commits to:

  1. Contribute to a Simply Transition by taking concrete actions that tackle the social impacts of local weather change mitigation and adaptation measures, in collaboration with staff, unions, communities, and suppliers.
  2. Set company science-based net-zero emissions targets according to a 1.5°C pathway, with the target of halving international emissions by 2030 and attaining net-zero emissions by 2050 on the newest.
  3. Water Resilience: Construct water resilience throughout international operations and provide chains, collaborating to realize a optimistic water affect in no less than 100 weak and prioritized water basins by 2030.
  4. Align company investments to the fullest extent potential with SDG insurance policies and methods, setting targets, monitoring, and reporting on the quantity and proportion of such SDG investments.
  5. Set up a company financing technique linked to SDG investments and efficiency, reporting on the quantity and proportion of such SDG finance.

Arçelik stays steadfast to taking part in its half in advancing sustainable growth and combatting local weather change. The corporate believes that by collaborative efforts, bold targets, and accountable investments, the personal sector could make a significant distinction in attaining the worldwide objectives for a greater future.

For extra details about Arçelik’s dedication and initiatives, please go to right here.

ABOUT ARÇELİK

With over 40,000 workers all through the world, Arçelik’s international operations embrace subsidiaries in 53 nations, and 31 manufacturing services in 9 nations and 14 manufacturers owned or used with a restricted license (Arçelik, Beko, Grundig, Blomberg, ElektraBregenz, Arctic, Leisure, Flavel, Defy, Altus, Dawlance, Voltas Beko, Singer*, Hitachi*). Arçelik’s 30 R&D and Design Facilities & Workplaces throughout the globe are house to over 2,300 researchers and maintain as much as 3,000 worldwide registered patent purposes up to now. For the 4th consecutive 12 months, Arçelik achieved the best rating within the DHP Family Durables business (primarily based on the outcomes dated 16 December 2022) within the Dow Jones Sustainability Index of the S&P World Company Sustainability Evaluation. Arçelik’s imaginative and prescient is “Respecting the World, Revered Worldwide.”

* Licensee restricted to sure jurisdictions.

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SOURCE Arçelik

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