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  <title>Daily CSR</title>
  <description><![CDATA[Daily CSR delivers latest news and in-depth coverage about corporate social responsibility, ethics and sustainability]]></description>
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  <dc:date>2026-07-28T09:07:28+02:00</dc:date>
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   <title>Beko Tops TIME Sustainability Ranking Again with 2025 ESG Report</title>
   <pubDate>Fri, 24 Jul 2026 12:07:00 +0200</pubDate>
   <dc:language>us</dc:language>
   <dc:creator>Debashish Mukherjee</dc:creator>
   <dc:subject><![CDATA[Companies]]></dc:subject>
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      <img src="https://www.dailycsr.com/photo/art/default/97454671-67870332.jpg?v=1784887815" alt="Beko Tops TIME Sustainability Ranking Again with 2025 ESG Report" title="Beko Tops TIME Sustainability Ranking Again with 2025 ESG Report" />
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      <div style="text-align: justify;">Beko has unveiled its 2025 Integrated Report, detailing the company's financial, environmental, and social achievements over the past year. Alongside the report, the home appliance manufacturer has once again been recognized by TIME Magazine as one of the World's Most Sustainable Companies, securing the top spot in its industry for the third consecutive year. Compiled in collaboration with Statista, the ranking acknowledges organizations that demonstrate measurable and transparent sustainability performance. <br />   <br />  The report highlights significant progress across Beko's global manufacturing network during 2025, including:</div>    <ul>  	<li style="text-align: justify;">Energy efficiency initiatives at production facilities saved 69,562 gigajoules (GJ) of energy, preventing approximately 5,297 tonnes of CO₂-equivalent emissions.</li>  	<li style="text-align: justify;">Recycling rates at manufacturing sites climbed to 98.6%, approaching the company's 99% target.</li>  	<li style="text-align: justify;">Installed renewable energy capacity increased to 96 MWp, up from 90.2 MWp a year earlier, while 63.5% of the electricity used in manufacturing now comes from renewable sources, supporting Beko's goal of achieving 100% green electricity by 2030.</li>  	<li style="text-align: justify;">Water conservation and rainwater harvesting projects collectively saved 219,114 cubic metres of water across its facilities.</li>  </ul>    <div style="text-align: justify;">These results are part of a broader modernization strategy focused on sustainable manufacturing. Three Beko production plants are now part of the World Economic Forum's Global Lighthouse Network, with the company's Ulmi facility also earning the prestigious Sustainability Lighthouse designation. The best practices developed at Ulmi are being introduced across Beko's wider manufacturing operations as the company expands environmentally responsible production. Beko currently operates 13 smart factories equipped with artificial intelligence, machine learning, and robotics technologies, with plans to increase that number to 17 by the end of 2026. <br />   <br />  The company also continued advancing its circular economy initiatives. During 2025, Beko's refurbishment centres returned more than 148,000 household appliances to the market. Since 2014, the company has recycled 1.98 million waste electrical and electronic equipment (WEEE) units through its own facilities and incorporated 31,665 tonnes of recycled plastic into its products during 2025. <br />   <br />  Sustainability also played a key role in Beko's product portfolio. The report states that 72.6% of the company's 2025 revenue came from low-carbon products, reflecting both the breadth of its energy-efficient appliance range and growing consumer interest in environmentally conscious products. <br />   <br />  Commenting on the achievement, Can Dinçer, CEO of Beko, said that the company's repeated recognition by TIME underscores how deeply sustainability is integrated into its operations. He noted that Beko's manufacturing facilities are undergoing simultaneous digital and decarbonization transformations, with progress measured through clearly defined performance indicators. As global attention turns toward COP31, he emphasized that demonstrating tangible results is more meaningful than making broad sustainability claims. <br />   <br />  TIME's annual sustainability ranking assesses more than 5,000 companies worldwide, evaluating factors such as environmental and social performance, transparency, and environmental, social, and governance (ESG) reporting. Beko's continued presence at the top of its industry reflects the company's long-term integration of sustainability across its operations, supply chain, and product development. <br />   <br />  In addition to the Integrated Report, Beko also released its second sustainability report aligned with the Türkiye Sustainability Reporting Standards (TSRS). The report follows Türkiye's implementation of the IFRS Sustainability Disclosure Standards issued by the International Sustainability Standards Board (ISSB) and provides detailed information on the company's climate-related governance, strategy, risks, opportunities, and performance.</div>  
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   <title>CDP Splits into Commercial and Foundation Entities to Advance Environmental Disclosure</title>
   <pubDate>Thu, 11 Jun 2026 15:44:00 +0200</pubDate>
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   <dc:creator>Debashish Mukherjee</dc:creator>
   <dc:subject><![CDATA[Companies]]></dc:subject>
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      <div style="text-align: justify;">CDP, the international environmental disclosure platform, has announced plans to separate into two independent but closely aligned entities. The first, <strong>CDP</strong>, will operate as a commercial organisation supported by global investment firm Permira and will continue providing environmental disclosure, data, and reporting services to businesses worldwide. The second, <strong>CDP Foundation</strong>, will function as a charitable organisation responsible for guiding disclosure principles based on the latest environmental science. <br />   <br />  Although operating independently, both organisations will share a common objective: generating critical environmental information that supports decisions benefiting the planet and future generations. <br />   <br />  Over the past 25 years, CDP has played a significant role in advancing environmental disclosure from a niche practice to a key component of corporate and investment decision-making. In response to growing environmental challenges and increasing market expectations, the new structure is designed to strengthen science-based disclosure while enabling greater investment in technology, data capabilities, and user experience. <br />   <br />  For companies, investors, and other stakeholders that rely on CDP data, the change is expected to enhance access to tools, analytics, and insights that support risk assessment, resilience planning, and sustainability strategies. <br />   <br />  Under the new arrangement, the CDP Foundation will retain a shareholding in CDP and representation on its board. The Foundation will focus on translating emerging scientific research into practical disclosure frameworks and will help shape the future development of CDP's questionnaires. Meanwhile, CDP will concentrate on operating and expanding the world's most comprehensive environmental disclosure system, generating information that supports sustainable economic development. <br />   <br />  The Foundation will also work to incorporate cutting-edge environmental indicators aligned with planetary health, ensuring that disclosure practices remain ambitious and impactful. This approach will allow the Foundation to focus on environmental priorities while leveraging CDP's extensive disclosure infrastructure to drive change. <br />   <br />  By establishing two complementary organisations, CDP aims to preserve its mission-driven and innovative approach while enabling each entity to pursue its distinct role more effectively. Both organisations will continue to use environmental data to support informed decision-making, while the Foundation advances its charitable objectives. <br />   <br />  CDP confirmed that its existing products, services, and the 2026 disclosure cycle will continue without disruption throughout the transition period. <br />   <br />  Sherry Madera, Chief Executive Officer of CDP, described the move as a significant milestone in the organisation's evolution. She stated that the new structure would strengthen science-based disclosure efforts and enable greater use of technology to improve the reporting experience for participants. Madera emphasised that CDP and the CDP Foundation would remain united in their mission to generate meaningful insights that support an Earth-positive economy, while the partnership with Permira would help expand the value delivered to companies, financial institutions, and other data users. <br />   <br />  Katherine Garrett-Cox, Chair of the CDP Board of Trustees, highlighted that innovation and science have always been central to CDP's work. She noted that the new model would strengthen the role of CDP's data in promoting sustainable markets, driving positive environmental outcomes, and safeguarding future generations. <br />   <br />  Permira brings extensive experience in supporting data-driven organisations through growth and transformation. The investment firm intends to support CDP through increased investment in talent, technology, and product development. <br />   <br />  The partnership will allow the CDP Foundation to remain a shareholder in CDP while helping the commercial organisation enhance its services for corporate and financial-sector users worldwide. The goal is to improve both the disclosure process and the quality of environmental insights available to decision-makers. <br />   <br />  Sustainability has long been a focus area for Permira, which has established a dedicated Energy Transition investment strategy aimed at supporting businesses that contribute to the transition toward a more sustainable economy through technology, data, and service platforms. <br />   <br />  Anish Patel, Partner and Co-Head of Energy Transition, and Gabriel Andrews, Managing Director – Energy Transition at Permira, noted that as environmental risks increasingly influence supply chains and investment decisions, reliable environmental data has become essential. They described CDP as a critical provider of such information and stated that the partnership would strengthen CDP's ability to support informed environmental decision-making on a global scale while also supporting the Foundation's ongoing mission. They further highlighted Permira's experience in helping organisations expand their reach and impact and expressed enthusiasm about supporting CDP's next phase of development. <br />   <br />  Legal advice for the transaction was provided by Bates Wells and Baker &amp; McKenzie LLP on behalf of CDP, CDP North America, and CDP Japan. Financial advisory services were provided by Rothschild &amp; Co and Alvarez &amp; Marsal. <br />   <br />  The transaction remains subject to regulatory approvals, including approval from the Charity Commission, as well as the fulfilment of customary closing conditions. Completion is expected within the next six months.</div>  
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