Teray Yatırım
Climate Impact & Sustainability Data (2022-03-09)
Reporting Period: 2022-03-09
Environmental Metrics
ESG Focus Areas
- Energy Security
- Renewable Energy Transition
- Geopolitical Risks
Climate Goals & Targets
Long-term Goals:
- Significant increase in renewable energy sources in the European energy market
Medium-term Goals:
- Completely eliminate Russian gas imports by 2030 (EU plan)
Short-term Goals:
- Reduce reliance on Russian gas within one year by two-thirds (EU plan)
Environmental Challenges
- Europe's dependence on Russian fossil fuels
- Increased global oil prices due to the war in Ukraine and sanctions on Russia
- Need to diversify energy sources and reduce reliance on Russia
Mitigation Strategies
- Accelerated energy transition to renewable sources
- Exploring alternative oil and gas suppliers (Iran, Venezuela)
- Developing alternative transit pipelines (Southern Gas Corridor)
Supply Chain Management
Climate-Related Risks & Opportunities
Transition Risks
- Shifting away from fossil fuels
Opportunities
- Increased investment in renewable energy
UN Sustainable Development Goals
- SDG 7 (Affordable and Clean Energy)
- SDG 13 (Climate Action)
The report highlights the need for a transition to renewable energy sources to enhance energy security and mitigate climate change.