Arçelik, which used 100% green electricity in 2019 for its Turkey and Romania operations, aims to use 100% green electricity in all global production facilities by 2030. Besides, Arcelik aims to decrease the energy consumption used to produce each product by 45% by 2030 (compared to 2015 baseline in South Africa, Russia, Turkey, Romania, China, Thailand and Pakistan plants). Arçelik, Turkey's first and only industrial company which owns two WEEE (Waste Electrical and Electronic Equipment) Recycling Facilities, achieved 315 GWh energy savings and 6.4 million tons of water savings by replacing old high energy and water consuming products with energy and water efficient products regardless of the brand since 2014. The old products collected from the market are being sent to Arçelik WEEE Recycling Facilities where they are recycled. The saving generated is equivalent to nearly 39 million households' daily electricity consumption and 7.9 million households daily water consumption. By recycling these waste products, we have prevented approximately 155,000 tons of CO2 emissions. Arçelik has featured in the Dow Jones Sustainability Index (DJSI) since 2017. The DJSI evaluates company's performance in various areas that cover all aspects of sustainability, such as management, financing, supply chain, transparency, human rights and combating climate change. Created by S&P Dow Jones Indices and RobecoSAM, the Dow Jones Sustainability Index selects the most sustainable companies from 61 industries and serves as a reference point for investors who integrate sustainability issues into their portfolios. With over 30,000 employees throughout the world, 12 brands (Arçelik, Beko, Grundig, Blomberg, ElektraBregenz, Arctic, Leisure, Flavel, Defy, Altus, Dawlance, Voltas Beko), sales and marketing offices in 34 countries, and 22 production facilities in 8 countries, Arçelik offers products and services in nearly 150 countries.https://www.prnewswire.com/news-releases/arcelik-named-industry-leader-in-the-dow-jones-sustainability-index-once-again-301173412.html
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Used car prices saw record rise in September due to short supplies Used car prices spiked 6.7% in September, marking the biggest monthly move since February 1969 Fox Business Flash top headlines for October 14 Fox Business Flash top headlines are here. Check out what's clicking on FoxBusiness.com. Used car prices spiked 6.7 percent in September, marking the biggest monthly move since February 1969. The jump followed a 5.4 percent increase in August, the U.S. Labor Department reported. Second-hand automobile inventories have tightened in recent months due to a reduction in trade-ins caused by the drop in new car sales this year. Prices have been on the rise since July and are up 10.3 percent year to date, while average new car prices increased just .3 percent in October and 1 percent so far in 2020 to a record high of $35,655, according to J.D. Power . Industry insiders expect used car pricing to start coming down soon, however, as a new car sales recovery is underway, with third-quarter sales down 9.3 percent year over year compared to a 31.9 percent drop in Q2. “Because we're selling so many new cars, we're getting trade-ins, so that's taking the pressure off of going to the auction and having to pay too much money," North Palm Beach Toyota dealer Earl Stewart told the Associated Press.https://www.foxbusiness.com/lifestyle/used-car-prices-record-rise-september