Sabanci Holding Pioneers Sustainability With its ‘Net Zero Emissions’ Goal

– SABANCI HOLDING CEO CENK ALPER: “WE ADDRESS SUSTAINABILITY IN ALL ITS ASPECTS, AND MAINTAIN OUR MISSION TO SET AN EXAMPLE”

ISTANBUL, Feb. 17, 2021 /PRNewswire/ — Sabanci Holding, one of many largest industrial and monetary conglomerates in Turkey, has set itself a aim to realize ‘Web Zero’ greenhouse gasoline emissions by 2050 on the newest. The Holding additionally will increase the variety of its round enterprise practices and opinions its processes with a “zero waste” plan.

A PIONEER AMONG TURKISH CONGLOMERATES

Commenting on the matter, Sabanci Holding CEO Cenk Alper highlighted the truth that approaches that does not combine sustainability to the core of enterprise in all its elements are not legitimate within the world economic system, and mentioned: “As Sabanci, we don’t view sustainability as a subject we’re delicate about solely on sure ranges and sometimes leap into, saying “We’re in!”. Quite the opposite, it is without doubt one of the subjects wherein we act as a pioneer within the society and push ourselves to develop additional. In addressing sustainability completely, in all its environmental, social, and governance elements, we solely combine this strategy into every firm and every unit of our enterprise. As a part of this endeavor, we determined to assessment our goal as Sabancı Holding and labored with our govt staff. Upon the joint assist and approval of our whole Board of Administrators, notably of our Chair Güler Sabancı, we rephrased our goal as “We unite Turkey and the World for a sustainable life with main enterprises.”

Sabanci Holding CEO Cenk Alper added: “Alternatively, a few of our Holding firms are already among the many leaders in sustainability initiatives akin to CDP Turkey, particularly within the theme of Local weather Change. As , CDP is without doubt one of the most acknowledged world disclosure system when it comes to environmental information. All through the years that we labored to extend our environmental efficiency, we reached a charge of 20 p.c in recycling our annual water consumption and an annual discount of 20 p.c in vitality and emission depth. We decreased the quantity of wastewater throughout our Holding firms by 17 p.c inside solely a few years. We turned one of many first personal sector representatives to affix the ‘Enterprise World Plastic Initiative’, which goals to battle in opposition to plastic air pollution. Having mentioned that, we see that lots of the required strategies or applied sciences to rework the personal sector in an effort to obtain each sustainable improvement aim, particularly avoiding the worst penalties of local weather disaster, should not but widespread on a worldwide degree nor in Turkey. This is without doubt one of the the explanation why totally different sectors are making progress at various charges the world over. As Sabanci, we additionally function in many various sectors and companies. This can be a clear signal that our job isn’t simple. We’re conscious of the truth that we will likely be making speedy progress in sure sectors, whereas dealing with many challenges in others. Our intention as Sabancı is to push our limits to succeed in our sustainability targets as quickly as doable, taking full benefit of our R&D and innovation capability. And, our cultural transformation, which we launched with the motto “Subsequent Technology Sabanci” and with a deal with individuals, digitalization, and expertise, will likely be a considerable driving pressure for us on this journey. We’re prepared to succeed in all our targets, together with “Web Zero Emissions” by 2050, a crucial threshold for our planet, on the newest. As we make progress in direction of these targets, the horizon will likely be extra seen for lots of the targets which appear nearly not possible right this moment. All we have to do is to set off on this journey with all our energy and assets because the enterprise neighborhood. We’re proud to set forth Sabanci Holding’s mission of pioneering and setting an instance within the space of sustainability as properly, by these targets we set and shared with the general public.”

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“SETTING THE GOAL IS THE FIRST STEP TO ACHIEVING TRANSFORMATION”

Noting how the COVID-19 pandemic has revealed the extent of our world’s vulnerability within the face of a worldwide disaster, Sabanci Holding Group President Human Sources and Sustainability Hakan Timur commented: “We’ve got no luxurious of appearing slowly to deal with local weather disaster. Setting a transparent aim is step one of attaining this transformation. As Sabanci Holding, to realize our long-term targets as introduced by our CEO Cenk Alper, we now have put collectively an in depth roadmap for our Holding, in collaboration with all our Corporations. This roadmap options round 100 short-, mid-, and long-term actions and initiatives to be taken. As our CEO Cenk Alper has additionally talked about, this roadmap addresses sustainability completely; not solely when it comes to the actions to be taken in opposition to the local weather disaster, but additionally in all its ESG elements. It additionally contains many targets specializing in creating shared worth for the individuals and society, that are among the many basic priorities of our Holding. We will likely be monitoring and reviewing all these actions regularly and can work in direction of additional growing the bar when it comes to how we embed sustainability into core of our enterprise.”

SABANCI HOLDING AS AN ACTIVE MEMBER IN WBSCD FROM TURKEY

6 of Sabanci Holding firms are listed on Borsa Istanbul Sustainability Index. Representing Turkey in World Enterprise Council for Sustainable Growth (WBCSD), one of many main world enterprise world platforms in sustainable improvement, Sabanci Holding can be a part of the worldwide ‘CFO Community’ of the Council, which operates in sustainable finance. Sabanci Holding can be a Board member of the Enterprise Council for Sustainable Growth in Turkey (BCSD Turkey), WBCSD’s consultant and associate within the nation.

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