Beko, the global home appliance company, has signed a €100m sustainability-linked loan with IFC, a member of the World Bank Group. Marking Beko’s first sustainability-linked loan, the agreement reinforces the company’s commitment to integrating sustainability across its value chain and driving innovation in energy-efficient technologies.

IFC is the world’s largest development institution focused on the private sector in emerging markets. The newly secured financing will facilitate the ongoing operation of Beko’s two solar power plants dedicated to renewable energy use and strengthen six production facilities which will improve resilience against potential earthquake damage. The loan will also accelerate Beko’s global research and development into digitalisation and the creation of smart, resource-efficient, and health-focused appliances, supporting sustainable living worldwide.

This five-year financing, structured in accordance with the company’s Sustainability-Linked Financing Framework, includes the company’s 2030 targets to reduce greenhouse gas emissions and strengthen gender diversity within the workforce; reflecting IFC’s focus on inclusive and climate-resilient growth.