Beko, a prominent global home appliance manufacturer, has successfully secured a €100 million sustainability-linked loan from the International Finance Corporation (IFC). This significant funding will enable the company to enhance its renewable energy initiatives, bolster earthquake resilience, and develop next-generation eco-efficient appliances. The loan aligns with Beko’s sustainability targets, which include reducing greenhouse gas emissions and increasing women’s representation in its workforce.
Loan Details and Strategic Goals
The agreement, finalized on December 22, 2025, marks Beko’s first foray into sustainability-linked financing. This five-year loan is structured in accordance with the company’s Sustainability-Linked Financing Framework, emphasizing its commitment to integrating sustainability across all operations. The funds will support Beko’s two solar power plants, dedicated to renewable energy use, and will enhance the resilience of six manufacturing facilities against potential earthquake damage.
Barış Alparslan, Chief Financial Officer of Beko, stated, “The sustainability-linked loan with IFC marks yet another important milestone in our journey toward building a net-zero future.” He emphasized that investments in renewable energy, earthquake resilience, and innovative research and development (R&D) will help the company meet global sustainability expectations while continuing to deliver value to customers.
The financing will also accelerate Beko’s global R&D efforts, focusing on digitalization and the creation of smart, resource-efficient, and health-oriented appliances. This approach aims to support sustainable living on a worldwide scale.
IFC’s Role and Broader Implications
According to Ashruf Megahed, IFC Regional Industry Head for Manufacturing, Agribusiness and Services in the Middle East and Central Asia, “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 noted that partnerships with leading companies like Beko are crucial for driving economic resilience and creating jobs, which can yield positive impacts for the wider economy.
Beko operates in more than 55 countries, employing over 50,000 people across various regions, including Europe, Asia, Africa, and the Middle East. The company has achieved remarkable growth, becoming the largest white goods manufacturer in Europe with a consolidated turnover of €10.6 billion in 2024.
Beko’s dedication to innovation is evident in its global network of 28 R&D and Design Centers, which house over 2,300 researchers. The company holds more than 4,500 international registered patent applications, showcasing its commitment to technological advancement in the home appliance sector. Furthermore, Beko has been recognized for its sustainability efforts, achieving the highest score in the S&P Global Corporate Sustainability Assessment for the seventh consecutive year.
In addition, Beko has been included in the Dow Jones Sustainability Indices for eight consecutive years and ranked as the 17th most sustainable company on TIME Magazine and Statista’s 2025 list of the World’s Most Sustainable Companies. The company’s vision, “Respecting the World, Respected Worldwide,” encapsulates its commitment to sustainability and innovation.
This loan agreement with IFC not only highlights Beko’s proactive approach toward sustainability but also sets a benchmark for other companies in the sector. By aligning financial resources with environmental and social goals, Beko is paving the way for a more sustainable future in the home appliance industry.
