Tekfen Holding Co., Inc.
Climate Impact & Sustainability Data (2018)
Reporting Period: 2018
Environmental Metrics
Total Carbon Emissions:938,649 tCO2e/year (Scope 1+2)
Scope 1 Emissions:899,828 tCO2e/year
Scope 2 Emissions:38,821 tCO2e/year
Scope 3 Emissions:183,930 tCO2e/year
Renewable Energy Share:33% (2018)
Total Energy Consumption:433,565 MWh/year
Water Consumption:126,290 m3/year (Total Withdrawal)
Waste Generated:13,946 tons/year (Total)
Carbon Intensity:406.50 tCO2e/million USD (2018)
ESG Focus Areas
- Climate Change and Energy
- Employees and Society
- Innovation
Environmental Achievements
- Reduced Scope 1 and Scope 2 greenhouse gas emission density per USD of turnover by up to 50% over two years (2017-2018)
- Reduced average energy density at Toros Tarım Mersin plant by 33.3% compared to 2008-2012 benchmark
- Increased electricity generation from waste heat by 50% in two years, saving TRY50 million
- Reduced natural gas consumption at HEP İstanbul project by 22,000 m3/year
Social Achievements
- Increased total number of employees by 32% from 2016 to 2018
- Received “Women-Empowered Board” award at 2018 Conference of Women on Boards in Turkey
- Launched Tekfen Performance System for performance management
- Provided 1,000,452 person-hours of training in 2018 (66% increase year-on-year)
- Reduced average LTIR by 60% and TRIR by 52% from 2016 to 2018
Governance Achievements
- Established a sustainability committee and a sustainability coordinator’s office in 2017
- Subscribed to the United Nations Global Compact in 2018
- Conducted a materiality analysis involving stakeholders
- Established an Ethics Hotline in 2018
- Established a compliance committee in 2018
Climate Goals & Targets
Long-term Goals:
- Not disclosed
Medium-term Goals:
- Not disclosed
Short-term Goals:
- Not disclosed
Environmental Challenges
- Climate change impacts on agri-industry, contracting services, and real estate
- Potential introduction of emissions trading system or carbon tax in Turkey
- Increased pressure from NGOs and the public
- Water scarcity in the Mediterranean region
Mitigation Strategies
- Incorporating climate change and water stress risks into corporate risk management
- Investing in energy-efficient technologies and equipment
- Developing climate-resilient infrastructure projects
- Developing fertilisers that reduce greenhouse gas emissions and seeds resilient to climate change
- Designing energy-efficient buildings
Supply Chain Management
Supplier Audits: Not disclosed
Responsible Procurement
- Prioritising local suppliers (93% of suppliers are local)
Climate-Related Risks & Opportunities
Physical Risks
- Extreme weather events
- Flooding
- Water scarcity
Transition Risks
- Introduction of emissions trading system or carbon tax
- Changes in demand for existing products and services
Opportunities
- Development of energy-efficient products and services
- Climate-resilient infrastructure projects
Reporting Standards
Frameworks Used: GRI Standards: Core option, CDP Climate Change and Water reporting standards
Certifications: ISO 9001, ISO 14001, OHSAS 18001, ISO 27001 (Tekfen Construction, Tekfen Manufacturing, Toros Tarım), LEED (Tekfen Real Estate)
Third-party Assurance: Not disclosed
UN Sustainable Development Goals
- Goal 4 (Quality Education)
- Goal 5 (Gender Equality)
- Goal 8 (Decent Work and Economic Growth)
- Goal 13 (Climate Action)
Tekfen's contributions through education grants, support for women in agriculture, job creation, and climate change mitigation initiatives
Sustainable Products & Innovation
- Energy-efficient buildings
- Fertilizers that reduce greenhouse gas emissions
- Seeds resilient to climate change
- Water-efficient plumbing fixtures
Awards & Recognition
- Women Empowered Boards Award
- IPLOCA H&S award
- Green Award (Al-Khor Motorway Project)
- IFA “Protect & Sustain” certificate
- Growtech Eurasia Agricultural Innovation award