KARDEMİR Karabük Iron Steel Industry and Trade Inc.
Climate Impact & Sustainability Data (2019, 2023-01 to 2023-06)
Reporting Period: 2019
Environmental Metrics
ESG Focus Areas
- Environmental
- Social
- Governance
Environmental Achievements
- Completed the 2nd stage and 1st step of investments for the Improvement of the Central Wastewater Treatment Plant and opened the center on 26.12.2019.
- Planted 500 trees along the Karabük -Ankara highway and 100 trees in the personnel parking lot.
- Painting of the emergency water tanks on the premises was completed.
Social Achievements
- Supported various community initiatives including a commemoration march, My +1 Friend event for People with Down Syndrome, an excursion to Çanakkale, and awards for students.
- Organized training for 397 different topics with an average training time per person reaching 44.27 hours.
- Supported Karabük University and various social clubs for employees.
Governance Achievements
- Established an Audit Committee, an Early Detection of Risk Committee, and a Corporate Governance Committee.
- The Board of Directors convened 22 times in 2019.
- Implemented a remuneration policy for senior managers, associated partners, Board Members, the General Manager and Vice General Managers.
Climate Goals & Targets
Environmental Challenges
- Decreased raw steel production in Turkey by 9.6% to 33.7 million tons in 2019.
- Decreased Long Product outputs reached their lowest level of the past 8 years, with its consumption rate also showing an almost 30% decrease.
Mitigation Strategies
- Focus on developing new products with high added value that are currently met by imports.
- Investments in R&D projects worth approximately 42 million TL.
- Increased production volume and product range, leading to a 65% decrease in imports of heavy profiles in 2019.
Supply Chain Management
Climate-Related Risks & Opportunities
Awards & Recognition
- First among the companies in the Heavy Industry category in the “Istinyeli Awards”
Reporting Period: 2023-01 to 2023-06
Environmental Metrics
Total Carbon Emissions:Not disclosed
Scope 1 Emissions:Not disclosed
Scope 2 Emissions:Not disclosed
Scope 3 Emissions:Not disclosed
Renewable Energy Share:Not disclosed
Total Energy Consumption:Not disclosed
Water Consumption:Not disclosed
Waste Generated:Not disclosed
Carbon Intensity:Not disclosed
ESG Focus Areas
- Social Responsibility
- Environmental Sustainability
- Community Investment
- Employee Well-being
- R&D and Innovation
Environmental Achievements
- ISO 14001 Environmental Management System audit conducted with no nonconformities found.
- 19 of 22 environmental investment items completed.
- Ongoing environmental investments in 3 areas.
- Projects for carbon capture studies and hydrogen use.
Social Achievements
- 16th Term Collective Labor Agreement signed.
- TRY 131,863,244 in donations and aid.
- Extensive employee training programs (64,314 hours).
- Support for various community initiatives (sports, education, disaster relief).
- Blood donation campaign.
Governance Achievements
- Establishment of Audit Committee, Early Detection of Risk Committee, and Corporate Governance Committee.
- Regular Board of Directors meetings.
Climate Goals & Targets
Long-term Goals:
- Not disclosed
Medium-term Goals:
- Not disclosed
Short-term Goals:
- Not disclosed
Environmental Challenges
- Not disclosed
Mitigation Strategies
- Not disclosed
Supply Chain Management
Supplier Audits: Not disclosed
Responsible Procurement
- Not disclosed
Climate-Related Risks & Opportunities
Physical Risks
- Not disclosed
Transition Risks
- Not disclosed
Opportunities
- Not disclosed
Reporting Standards
Frameworks Used: Null
Certifications: ISO 14001
Third-party Assurance: Not disclosed
UN Sustainable Development Goals
- Not disclosed
Not disclosed
Sustainable Products & Innovation
- Not disclosed
Awards & Recognition
- Not disclosed