As electricity demand rises, Beko CEO Can Dinçer makes the case at COP31 for efficient, connected appliances that do more than consume power; they help manage demand.

ANTALYA, Türkiye, Nov. 12, 2026 /PRNewswire/ — Beko CEO Can Dinçer argued at COP31 that the energy transition has to electrify smarter as well as faster, and that much of that work happens at home. Speaking on the panel, ‘From Efficiency to Resilience: The Role of the Home-Appliance Industry in the Energy Transition’, at the pavilion of Beko’s parent company, Koç Holding, Dinçer set out the role energy-efficient home appliances can play in meeting growing electricity demand while reducing emissions and household energy costs.

The panel brought together Dr. Bilal Düzgün, Deputy Head of Energy Efficiency and Environment Department at the Turkish Ministry of Energy and Natural Resources; Paolo Falcioni, Director General of APPLiA; Dr. Mine Işık, IEA Energy Policy & Modeling Expert; and Can Dinçer, and was moderated by Ana Maria Carreno, Senior Director of Climate at CLASP.

Global electricity demand grew 3% in 2025 and is forecast to grow 3.6% in 2026, according to the International Energy Agency’s Electricity Mid-Year Update. Rising appliance ownership, air conditioning and heat pumps are among the drivers, alongside industrial growth, electric vehicles and data centres. Affordability is under pressure too: the same report finds that average spot wholesale electricity prices in the European Union were more than 30% higher year on year in the second quarter of 2026.

Türkiye’s COP31 Presidency has introduced the ’35 by 35′ Global Electrification Pledge, which aims to raise electricity’s share of global final energy consumption from just over 20% to 35% by 2035. It sits alongside the COP28 commitment to double the global average annual rate of energy efficiency improvements by 2030.

Meeting both goals means generating more clean power and using it more efficiently. Buildings are central to that: they account for more than half of global electricity consumption, and electrical appliances represent 45% of the electricity used in them, according to the International Energy Agency. Scope 3 value-chain emissions – the indirect emissions which occur through upstream and downstream operations – account for 99% of Beko’s total emissions, and more than 80% of those come from the use of products in people’s homes. Making appliances more energy efficient in everyday use is Beko’s biggest opportunity to reduce the Scope 3 emissions.

“Every kilowatt-hour saved at home can help reduce pressure on the electricity system and lowers household energy use and costs. That is why efficiency sits at the heart of how we design our products, and why we are glad to bring that experience to COP31 in Türkiye, where Beko was founded. Climate change is a global problem, and the answers will come from sharing what works, so it can be repeated at scale. We are here to be part of that,” said Can Dinçer, CEO of Beko.

On the ground at COP31

Earlier in the day, Can Dinçer also spoke on ‘Cooling a Warming World: Energy Access and Climate Change in Emerging Markets’ at the Türkiye Pavilion in the Blue Zone, alongside Dr Shezra Mansab Ali Khan Kharal, Pakistan’s Minister of State for Climate Change and Environmental Coordination, and Umar Ahsan Khan, CEO of Dawlance, with Michel Frédeau, Senior Partner at BCG, moderating. Drawing on Beko’s experience with Dawlance in Pakistan and Defy in South Africa, he argued that the markets where cooling demand is growing fastest are often those where efficiency standards are still developing, and that high-efficiency products should reach them before regulation requires it.

Beko is at COP31 alongside Koç Holding, COP31 Global Business Partner, as part of the ‘From Commitments to Action’ programme at Koç Holding’s pavilion in the Green Zone.

ABOUT BEKO  

Beko is an international home appliance company with a strong global presence, operating through subsidiaries in more than 55 countries with a workforce of around 45,000 employees and production facilities spanning multiple regions—including Europe, Asia, Africa, and the Middle East. Beko has 22 brands owned or used with a limited license (Arçelik, Beko, Whirlpool*, Grundig, Hotpoint, Arctic, Ariston*, Leisure, Indesit, Blomberg, Defy, Dawlance, Hitachi*, Voltas Beko, Singer*, ElektraBregenz, Flavel, Bauknecht, Privileg, Altus, Ignis, Polar). Beko is the largest white goods company in Europe with its market share (based on volumes) and reached a consolidated turnover of 10.7 billion Euros in 2025. Beko’s 28 R&D and Design Centers & Offices across the globe are home to over 2,000 R&D employees and hold more than 4,500 international registered patent applications to date. The company has achieved the highest score in the S&P Global Corporate Sustainability Assessment (CSA) in the DHP Household Durables industry for the seventh consecutive year (based on the results dated 16 October 2025).** The company has been recognized as the 89th most sustainable company on TIME Magazine and Statista’s 2026 list of the World’s Most Sustainable Companies and has been the sector leader for three consecutive years. Beko’s vision is ‘Respecting the World, Respected Worldwide.’   

www.bekocorporate.com   

*Licensee limited to certain jurisdictions.   
**The data presented belongs to Arçelik A.Ş., a parent company of Beko.  

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MUMBAI, India, Nov. 12, 2026 /PRNewswire/ — FatakSecure today announced its partnership with Zurich Kotak General Insurance as a Corporate Agent, marking a strategic collaboration aimed at distributing various insurance solutions through digital channels.

Through this partnership, FatakSecure will leverage its digital platform to make insurance solutions more accessible and convenient for customers, while Zurich Kotak General Insurance will offer innovative insurance solutions and underwriting expertise, as part of the company’s broader strategy of expanding its digital ecosystem and reaching customers through innovative distribution channel. Together, the two organisations aim to strengthen insurance distribution and create a seamless digital experience for customers.

Under the partnership:

FatakSecure will act as a Corporate Agent to distribute Zurich Kotak General Insurance’s affinity and motor insurance solutions through its digital platform.Zurich Kotak General Insurance will provide insurance products and support the development of customer-centric insurance offerings.Both organisations will explore opportunities to expand into retail and embedded insurance and identify synergies that enhance customer reach through digital channels.

Commenting on the partnership, Bikash Chaudhary, CEO, FatakSecure, said: “At FatakSecure, our focus has always been on making financial protection solutions more accessible through a seamless digital experience. Our partnership with Zurich Kotak General Insurance marks an important milestone in strengthening insurance offerings and enabling customers to access insurance solutions with greater ease. We look forward to working together to co-create and deliver customer-centric solutions that address evolving protection needs and create long-term value.”

Mr. Birendra Mohanty, Chief Business Officer, Zurich Kotak General Insurance, added, “At Zurich Kotak, we are constantly working towards making protection solutions accessible wherever customers live, transact and engage digitally. Our association with FatakSecure reflects our commitment to making insurance more accessible and convenient for customers. By combining our risk expertise and product innovation capabilities with FatakSecure’s digital platform, we will be able to deliver superior solutions to customers and support the broader agenda of Insurance for All by 2047.”

About FatakSecure:

FatakSecure is a subsidiary of FatakPay Digital. It is licensed as a Composite Corporate Agent to solicit and sale insurance products. FatakSecure is an Insurtech platform enabling digital businesses to seamlessly embed tailored insurance products into their customer journeys. It works with digital NBFCs, lending platforms, fintechs, e-commerce and quick-commerce companies, and gig-economy and rider platforms to simplify insurance distribution and make relevant protection more accessible. Through robust API integrations, digital dashboards, automated MIS, and seamless financial reconciliation, FatakSecure enables partners to streamline and manage their insurance distribution processes while staying focused on their core business. The company is committed to making insurance simpler, transparent, and accessible through technology.

For more information, visit www.fataksecure.com

About FatakPay:

FatakPay is a Mumbai-based fintech platform focused on enabling instant, accessible financial solutions for underserved and emerging India. Through its suite of offerings, including instant loans, insurance, investments, and credit improvement tools, FatakPay aims to simplify and expand access to formal finance. Operating through its subsidiaries, FDPL Finance Pvt. Ltd. (an NBFC registered with the Reserve Bank of India) and FatakSecure (an insurance platform aligned with Insurance Regulatory and Development Authority of India guidelines), the company offers products ranging from instant loans of up to ₹20,000 and personal loans of up to ₹5 lakh, to affordable insurance solutions. Its ecosystem also includes credit-building tools like FatakUdaan, along with digital investment options such as gold and silver. Founded by Ajit Kumar and Abhishek Gandhi (co-founders of RupeeCircle), along with Amit Lodha and Amit Goyal, FatakPay is committed to building a financially resilient India by empowering users with simple, transparent, and reliable financial solutions.

About Zurich Kotak General Insurance:

About Zurich Kotak General Insurance: Zurich Kotak General Insurance Company (India) Limited ((Zurich Kotak General Insurance) is a 70:30 joint venture between Zurich Insurance Group and Kotak Mahindra Bank. The company adopted its new name in August 2024, following Zurich Insurance Group’s acquisition of a 70% stake in Kotak Mahindra General Insurance Company Limited. Originally established in 2015, Zurich Kotak has evolved into one of the youngest and fastest-growing non-life insurance firms in India. The company offers a comprehensive suite of non-life insurance products in Retail and Commercial segments designed to meet the evolving needs of individuals, families, and businesses. Backed by the global legacy of Zurich and the trusted brand of Kotak, the company is committed to building a modern, technology-driven insurance franchise that delivers reliable protection and long-term value, which supports India’s growing insurance penetration and financial resilience.

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LINARES, Spain, Nov. 12, 2026 /PRNewswire/ — Desay SV today officially inaugurated its new smart manufacturing facility in Linares, Spain, marking another important step in putting its “In Europe, with Europe, for All” commitment into practice. The facility strengthens the company’s local manufacturing and customer-support capabilities and enables closer collaboration with automotive customers across Europe.

Held at Santana Tech Park, the opening ceremony and press conference brought together Desay SV’s senior leadership, representatives of the Spanish central and regional governments, automotive OEM customers, and industry stakeholders. Among the distinguished guests was Núria Aymerich Rocavert, Special Commissioner for Industrial Competitiveness and Small and Medium-sized Enterprises (SMEs) at the Ministry of Industry and Tourism of the Government of Spain.

Building a Localized Manufacturing Hub in Europe

With a total built-up area of approximately 20,000 square metres, the Linares facility serves as a key regional hub for Desay SV, integrating localized manufacturing, engineering, and customer support in Europe. Upon completion of its planned phases, the facility will have a maximum designed annual production capacity of 2.8 million units, providing the flexibility to respond to evolving OEM demand.

The site will cover the production of a range of automotive products, including automotive displays and smart cockpit domain controllers, supporting the evolving needs of European automakers as vehicles become increasingly connected, intelligent, and software-defined. Mass production is expected to begin in the first quarter of 2027.

Strengthening Industrial Cooperation with Spain

Desay SV’s investment in Linares reflects the company’s confidence in Spain’s automotive industrial base and the region’s potential as a strategic location for advanced manufacturing. The project is expected to contribute to local industrial capabilities, supply-chain resilience, and skilled employment. 

“Spain continues to strengthen its position as a leading European hub for automotive excellence and technological innovation. Desay SV’s investment in Linares reflects the strength of Spain’s industrial ecosystem and contributes to our shared ambition to advance sustainable mobility and strengthen the competitiveness of the European automotive industry.”

— Núria Aymerich Rocavert, Special Commissioner for Industrial Competitiveness and SMEs at Spain’s Ministry of Industry and Tourism.

“Desay SV’s investment in Linares is a transformative milestone for Andalusia’s industrial future. Driven by our 22% surge in regional industrial output, we are proud to welcome a world-class automotive technology leader to our ecosystem. When an industry pioneer like Desay SV invests here, they come to stay.”

— Jorge Paradela Gutiérrez, Regional Minister of Industry, Energy and Mines of the Junta de Andalucía

Supporting European Automakers with Local Programs

Desay SV Spain S.L. has received formal project nominations from two international automotive manufacturers and is continuing commercial discussions with several other European automakers. These developments underscore the company’s growing engagement with the European automotive market and its commitment to building long-term customer relationships through local presence and support.

“We are proud to be part of Linares’ industrial revival and to contribute to a new chapter in the city’s development. The support and collaboration of the local, regional and national authorities have been instrumental in bringing this project to life. Building on this strong foundation, we look forward to creating new opportunities for local talent, strengthening the regional automotive ecosystem and growing together with the community for years to come.”

 — Ling Jianhui, Executive Vice President and Chief Operating Officer of Desay SV

“The inauguration of our Linares facility represents another important step in putting our ‘In Europe, with Europe, for All’ commitment into practice. By combining Desay SV’s technological expertise with Spain’s strong automotive industrial base, we are establishing a resilient local manufacturing hub that enables us to build closer relationships with European partners and provide faster, more flexible, and tailored services to meet their evolving mobility needs.”

—Yang Yong, Executive Vice President of Desay SV and General Manager of Desay SV Europe

A Growing International Business

Desay SV continues to expand its international business. In the first nine months of 2026, the company recorded revenue of approximately RMB 24.4 billion, representing year-on-year growth of 9.3%. International sales reached approximately RMB 1.6 billion in the first half of 2026, up 55.7% year on year. The company’s European headquarters is located in Weimar, Germany, and its European operations extend across Germany, France, Spain, Sweden, and the Czech Republic. Through this regional network and its Linares manufacturing base, Desay SV aims to respond more effectively to customer requirements and support the transformation of the European automotive industry.

Creating Opportunities for Local Talent

The Linares project is expected to create up to 500 direct jobs by 2030 across manufacturing, engineering, quality, logistics, and management. Desay SV also plans to work with local educational institutions, including the University of Jaén and I.E.S. Himilce, to support talent development and build pathways between education and the automotive industry.

About Desay SV

Desay SV is a mobility technology company with operations spanning 26 locations worldwide. With 40 years of experience, the company focuses on Intelligent Cabin, Intelligent Driving, and Connected Services, supported by capabilities in research and development, design, quality management, and intelligent manufacturing. Its global automotive customers include Chery, Geely, Li Auto, Renault, SAIC, Stellantis, Toyota, Volkswagen, and Volvo. Desay SV ranked 54th in the Automotive News 2026 Top 100 Global Automotive Suppliers. Learn more at www.desaysv.com. 

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