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Beko Secures €100 Million Sustainability-Linked Loan for Innovations

Beko, a well-known name in the global home appliance market, has taken a significant step towards sustainable development by securing a €100 million sustainability-linked loan from the International Finance Corporation (IFC), which is part of the World Bank Group. This marks Beko's inaugural sustainability-linked financial initiative and reinforces its commitment to embedding sustainability into every phase of its operations.

The primary aim of this loan is to bolster Beko’s renewable energy infrastructure, with specific projects focused on enhancing the capacity and resilience of its operations. Such initiatives include the operation of two solar power plants and the fortification of six production facilities to better withstand potential earthquake damage. Additionally, this investment will drive Beko's ongoing research and development (R&D) efforts aimed at creating smart and eco-efficient appliances that promote sustainable living.

According to Barış Alparslan, Beko’s Chief Financial Officer, this sustainability-linked loan is a pivotal milestone in their journey towards achieving a net-zero future. He stated, “By investing in renewable energy, improving earthquake resilience, and advancing R&D for smarter, more efficient products, we're aligning our operations with global sustainability expectations while delivering value to our customers.”

Beko's strategy is clearly articulated in its Sustainability-Linked Financing Framework, which sets ambitious goals for reducing greenhouse gas emissions and improving gender diversity within its workforce by 2030. This plan reflects IFC's overarching commitment to inclusive growth and climate resilience.

In addition to promoting sustainability, the loan also aims to facilitate advancements in Beko's technology offerings across its global markets. This includes not just meeting current consumer expectations, but also pushing the boundaries to develop appliances that support sustainable living on a larger scale. “We're delighted to partner with IFC in scaling our innovations that reflect our respect for the world and are recognized globally,” Alparslan added.

The IFC’s involvement underscores its mission to foster development in emerging markets by strengthening private sector infrastructures. Ashruf Megahed, IFC's Regional Industry Head for Manufacturing, Agribusiness, and Services in the Middle East and Central Asia, commented, “Our collaboration with Beko is a clear manifestation of our commitment to build resilient infrastructure and advance R&D, ensuring the long-term sustainability and competitiveness of the region's manufacturing sector.”

With a workforce of over 50,000 and a notable global presence across 55 countries, Beko's emphasis on sustainability and innovative practices continues to grow. The company has built a robust portfolio of household brands consistently recognized for their quality and efficiency. It is also noteworthy that Beko has achieved remarkable success, leading the white goods market in Europe and achieving a consolidated turnover of €10.6 billion in 2024.

Beko operates 28 R&D and Design Centers worldwide, housing around 2,300 researchers. With over 4,500 international patents, it emphasizes its focus on innovation in the appliance industry. Additionally, the company has received high marks in global sustainability assessments, being recognized as one of the most sustainable companies by TIME Magazine and Statista as of 2025.

The future looks promising for Beko as it prioritizes sustainable practices while consistently delivering cutting-edge, efficient home appliances. With its steadfast commitment to a net-zero future and responsible corporate practices, Beko not only holds a prominent position in the market but also inspires other corporations to embrace sustainability.

For more information on Beko’s sustainability initiatives and products, visit Beko Corporate.