• IFC provides a $108 million sustainability linked loan to Beko to support renewable energy operations, manufacturing resilience and product innovation
• Financing targets energy efficiency, digitalisation, and climate resilience across six production sites, including earthquake risk mitigation
• Deal aligns with Beko’s 2030 emissions reduction and gender diversity targets under its Sustainability Linked Financing Framework

Beko, one of Europe’s largest home appliance manufacturers, has secured a €100 million, approximately $108 million, sustainability linked loan from the International Finance Corporation to accelerate investment in energy efficiency, renewables, and climate resilient manufacturing.

The five year facility from IFC, a member of the World Bank Group, will support the operation of Beko’s two solar power plants, reinforce six manufacturing sites to improve earthquake resilience, and fund research and development focused on digitalisation and smart, resource efficient appliances. The financing positions sustainability and operational resilience as core pillars of Beko’s long term growth strategy, at a time when manufacturers face rising climate, energy, and supply chain risks.

Financing Climate Resilience and Industrial Competitiveness

The loan reflects a broader shift in development finance toward linking capital access to measurable sustainability outcomes. Structured in line with Beko’s Sustainability Linked Financing Framework, the facility is tied to performance targets that include reducing greenhouse gas emissions by 2030 and strengthening gender diversity across the company’s workforce.

For IFC, the transaction reinforces its strategy of supporting industrial players that combine decarbonisation, resilience, and innovation. Manufacturing remains a critical economic driver across emerging markets, but is increasingly exposed to climate related disruption, energy volatility, and infrastructure stress.

By backing investments in renewable power and seismic resilience, the financing aims to protect productive capacity while supporting lower carbon operations. The focus on research, development, and digitalisation reflects growing demand for appliances that consume less energy and water, both in households and across commercial use.

Scaling Renewables and Smart Appliance Innovation

Beko plans to use part of the loan to support the continued operation of its two solar power plants, helping reduce reliance on grid electricity and lowering operational emissions. Renewable self generation has become a strategic priority for manufacturers facing energy price volatility and tightening emissions expectations across Europe and export markets.

The company will also invest in R and D to advance smart appliance technologies that improve resource efficiency. Digitalisation, connectivity, and data driven optimisation are increasingly central to reducing lifecycle emissions and meeting stricter product efficiency standards.

RELATED ARTICLE: Santander and IFC Launch First $100 Million Green Building Loan in Chile

Barış Alparslan, chief financial officer at Beko, said the financing supports a broader transformation agenda.
“The sustainability linked loan with IFC marks yet another important milestone in our journey toward building a net zero future,” he said.
“By investing in renewable energy, earthquake resilience, and R and D for smarter, more efficient products, we’re strengthening our ability to meet global sustainability expectations while continuing to deliver value to our customers and communities worldwide. Beko is proud to deepen its collaboration with IFC as we scale innovation that respects the world and is respected worldwide.”

Development Finance and Regional Economic Stability

For IFC, the deal reflects a focus on strengthening industrial resilience across the Middle East and Central Asia, where climate risk, seismic exposure, and infrastructure durability are increasingly intertwined with economic stability.

Ashruf Megahed, regional industry head for manufacturing, agribusiness, and services at IFC in the Middle East and Central Asia, highlighted the wider economic implications of the investment.
“Our investment in Beko underscores the importance of building resilient infrastructure and advancing R and D to ensure the long term competitiveness and sustainability of the region’s manufacturing sector,” he said.
“By working with leading companies like Beko, we want to drive economic resilience and create jobs, generating positive effects for the wider economy.”

What Executives and Investors Should Take Away

The Beko IFC transaction illustrates how sustainability linked finance is evolving beyond emissions metrics alone to encompass physical resilience, workforce inclusion, and innovation capacity. For manufacturers, access to capital is increasingly tied to demonstrable progress across environmental, social, and governance priorities.

For investors and policymakers, the deal reinforces the role of multilateral finance in crowding capital toward industrial decarbonization while safeguarding economic activity in climate exposed regions. As global appliance standards tighten and energy efficiency becomes a competitive differentiator, companies that integrate renewables, digitalization, and resilience into their core operations are likely to be better positioned for long term value creation.

Follow ESG News on LinkedIn