Beko, a leading global home appliance manufacturer, has secured a €100 million sustainability-linked loan from the International Finance Corporation (IFC), a member of the World Bank Group. This marks the first sustainability-linked loan for Beko, aimed at enhancing renewable energy capacity, boosting earthquake resilience, and promoting next-generation eco-efficient appliances, while also focusing on gender diversity.
This financing agreement, announced in Istanbul on December 22, 2025, underscores Beko’s commitment to integrating sustainable practices across its value chain. The company plans to use the funds to support its operations related to two solar power plants dedicated to renewable energy and to fortify six production facilities against potential earthquake damage.
Barış Alparslan, Chief Financial Officer of Beko, expressed pride in the collaboration with IFC, stating, “The sustainability-linked loan with IFC marks yet another important milestone in our journey toward building a net-zero future.” He emphasized that the investment will not only meet global sustainability expectations but also enhance the value delivered to customers and communities worldwide.
The five-year loan is structured in accordance with Beko’s Sustainability-Linked Financing Framework. It aligns with the company’s targets to reduce greenhouse gas emissions by 2030 and to improve gender diversity within its workforce, reflecting the IFC’s focus on fostering inclusive and climate-resilient growth.
Ashruf Megahed, IFC Regional Industry Head for Manufacturing, Agribusiness and Services in the Middle East and Central Asia, highlighted the significance of this investment: “Our investment in Beko underscores the importance of building resilient infrastructure and advancing R&D to ensure the long-term competitiveness and sustainability of the region’s manufacturing sector.” He added that partnerships with leading companies like Beko can drive economic resilience and create jobs, benefiting the broader economy.
Beko operates in over 55 countries and employs more than 50,000 people globally. The company has established a strong presence across multiple regions, including Europe, Asia, Africa, and the Middle East. Its consolidated turnover reached €10.6 billion in 2024, making it the largest white goods company in Europe by market share.
With a commitment to innovation, Beko boasts 28 research and development centers worldwide, employing over 2,300 researchers. The company holds more than 4,500 international patent applications to date and has received accolades for its sustainability efforts. Beko achieved the highest score in the S&P Global Corporate Sustainability Assessment for the seventh consecutive year and has been included in the Dow Jones Sustainability Indices for eight consecutive years.
Beko’s vision is centered around “Respecting the World, Respected Worldwide.” The company’s initiatives reflect its dedication to sustainable living, digitalization, and the creation of smart, resource-efficient appliances that enhance everyday life.
As Beko moves forward with its sustainability agenda, the collaboration with IFC serves as a catalyst for continued innovation and commitment to addressing global challenges in sustainability.
