IFC has signed a €100 million sustainability-linked loan with Beko, marking the company’s first-ever sustainability-linked financing. The loan will support Beko in expanding its renewable energy capacity, enhancing earthquake resilience, and driving research and development (R&D) for eco-efficient appliances. In addition to environmental goals, the financing includes sustainability-linked targets such as increasing women’s representation in Beko’s workforce and reducing greenhouse gas emissions.
The financing will ensure the continued operation of Beko’s two solar power plants and strengthen six production facilities to withstand potential earthquake damage. The R&D investments will focus on digitalization and the development of next-generation appliances that promote resource efficiency. These initiatives are also expected to nurture talent, foster innovation, and enhance Beko’s global competitiveness.
Beko’s Chief Financial Officer, Barış Alparslan, emphasized that the loan underscores a shared commitment with IFC to sustainable growth, energy-efficient product development, and job creation in Türkiye. Ashruf Megahed, IFC Regional Industry Head for Manufacturing, Agribusiness, and Services, highlighted that the investment will support resilient infrastructure, R&D, and the long-term sustainability of Türkiye’s manufacturing sector, with positive spillover effects on the wider economy.
Türkiye represents one of IFC’s largest country portfolios, with nearly $6.4 billion in total committed exposure as of December 2025. IFC’s investments in the country focus on promoting private sector growth, innovation, and sustainability across key sectors such as manufacturing, infrastructure, and financial services.
Beko, an international home appliance company, operates in over 55 countries with more than 50,000 employees and multiple production facilities across Europe, Asia, Africa, and the Middle East. With 28 global R&D and design centers, Beko holds over 4,500 international patents and achieved the highest score in the S&P Global Corporate Sustainability Assessment in its industry for six consecutive years. Recognized among TIME Magazine and Statista’s 2025 list of the World’s Most Sustainable Companies, Beko’s vision is “Respecting the World, Respected Worldwide.”
The partnership between IFC and Beko demonstrates a strategic approach to integrating sustainability, innovation, and resilience into the manufacturing sector, while promoting inclusive growth and environmental responsibility.
