Climate Change Data

Environmental Metrics

ESG Focus Areas

• Women's Empowerment
• Equality at Work
• Environmental Responsibility
• Anti-corruption
• Energy and Emission Management
• Waste and Water Management
• Employee Training and Development
• Contribution to Social Development
• Occupational Health and Safety
• Diversity and Equality at Work
• Efficient Use of Natural Resources
• Biodiversity
• Climate Change
• Human Rights
• Business Ethics

Environmental Achievements

• Reduced electricity consumption by 31.7% at Sabancı Center since 1994
• Reduced natural gas consumption by 49% at Sabancı Center since 1996
• Reduced water consumption by 44% at Sabancı Center
• Energy saving of 118,599 GJ and prevented 18,145 ton CO2 emissions at Akçansa
• Brisa decreased its energy consumption by 4.1% per ton in 2015 compared to 2014
• Kordsa Global realized an annual energy saving of 17,331,800 kWh/year resulting in 11,543 tons of reduced CO2 emissions
• 146,279 GJ of total energy consumption supplied from renewable resources

Social Achievements

• Sabancı Volunteers Program launched
• Young Talents of Sabancı Program graduated 43 employees
• Mentorship Program with 61 mentors and 61 mentees
• Future Forums Initiative with 17 employees from 5 Group companies
• SA LAB Program for mid-level managers with 16 participants
• SALT Program for Vice President and Director levels with 12 participants
• SA-EXE Program for Vice President and Director levels with 14 participants
• E-Executive MBA Program for managers
• Corporate Governance Program for upper-level management with 85 participants
• Value-oriented Manager Program
• Technology for Women project providing free computer courses to women
• Technology for History project digitally archiving rare books
• My Neighborhood Project providing education for parents and children
• Concrete Ideas Project Competition for young people
• Children Transforming the Future project educating children on sustainability
• Set out on the Road Safe project promoting safe driving
• Strong Agriculture-Strong Future project informing farmers on sustainable agriculture
• Safe Driving for Female Drivers training
• Joint Dreams project developing educational institutions in rural areas

Governance Achievements

• Compliance with Corporate Governance Principles published by Capital Markets Board (CMB)
• Establishment of Corporate Governance Committee, Committee for Early Detection of Risks, and Auditing Committee
• Implementation of SA-Ethics (Sabancı Ethics) document
• Implementation of Anti-Bribery and Anti-Corruption Policy
• Effective internal auditing mechanism in place
• No incidents of non-compliance detected in anti-discrimination, human rights, union rights, and working norms areas during audits
• No incidents of infringements within the scope of bribery and corruption audits

Climate Goals & Targets

Environmental Challenges

• Climate change
• Reducing environmental impact throughout the value chain
• Balancing work life and private life for employees
• Ensuring occupational health and safety for employees and contractors

Mitigation Strategies

• Participation in Carbon Disclosure Project (CDP)
• Implementation of environmental management systems
• Environmental trainings for employees and suppliers
• Environmental protection expenditures and investments
• Energy efficiency projects
• Water saving practices
• Waste management practices
• Biodiversity protection initiatives
• Employee development programs
• Occupational health and safety trainings and programs
• Fair work environment policies
• Diversity and equal opportunities policies

Supply Chain Management

Responsible Procurement

• Evaluation of suppliers based on technical and organizational capacity, quality, cost-effectiveness, environmental performance, competitiveness, and development performance

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: GRI G4 Core

Certifications: ISO 14001 (Akçansa, Brisa, Çimsa, Kordsa Global, Temsa, Yünsa)

Awards & Recognition

• Grand Prize in Changemakers Program (Golden Compass Prizes)
• Grand Prize in "Anniversary" category of PR News

Environmental Metrics

ESG Focus Areas

• Corporate Governance
• Environmental Management
• Work Life
• Social Development
• Supply Chain Management
• Human Rights
• Business Ethics
• Occupational Health and Safety

Environmental Achievements

• Realized energy savings through various efficiency projects across Group companies (e.g., Akbank, Akçansa, Brisa, Çimsa, Enerjisa, Kordsa, Teknosa, Temsa).
• Achieved water savings through water recycling and reuse initiatives (e.g., Akçansa, Kordsa, Temsa).
• Reduced paper consumption by 29% in Akbank through various improvements.
• Collected and recycled 87,000 tons of tires at Brisa.
• Planted 42,334 plants and saplings across Group companies.

Social Achievements

• Launched Sabancı Volunteers program, Turkey's largest corporate volunteering movement, with over 350 volunteers carrying out 45 projects.
• Provided 1,620,005 man*hours of training to employees.
• Employed 1,028 physically-disabled employees.
• Women comprised 34% of all employees and 24% of the administrative team.
• Supported various social development projects through Sabancı Foundation.

Governance Achievements

• Complied with all compulsory principles determined by the Corporate Governance Statement.
• Established Portfolio Governance Committee, Corporate Governance Committee, Committee for Early Detection of Risks, and Auditing Committee.
• Implemented SA-Ethics (Sabancı Ethics) code of conduct across the Group.
• No incidents of non-compliance were detected in anti-discrimination, human rights, union rights, and working norms areas during audits.

Climate Goals & Targets

Environmental Challenges

• Minimizing environmental impacts of operations.
• Reducing greenhouse gas emissions.
• Improving energy efficiency.
• Managing risks related to sustainability topics (environment, biodiversity, energy, green gas emissions, climate change, occupational health and safety, human rights, business ethics, anti-corruption, and supply chain).

Mitigation Strategies

• Implementing nationally and internationally accepted environmental management systems.
• Investing in environmental projects (approximately 35 million TL).
• Providing environmental training to employees and suppliers.
• Actively participating in the Carbon Disclosure Project (CDP).
• Implementing risk management systems to address sustainability challenges.

Supply Chain Management

Responsible Procurement

• Criteria for selecting suppliers include experience, financial performance, technical competence, ethical levels, and positive background in ethical issues. Compliance with SA-Ethics is expected.

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: GRI G4 Guidelines (Core option)

Certifications: ISO 14001 (Akçansa, Brisa, Çimsa, Kordsa Global, Temsa, Yünsa)

Awards & Recognition

• Brisa awarded for “Project on Reducing Underground Water Withdrawn in Brisa İzmit Facility”, Sabancı Foundation received Social Awareness Award from the Institute of internal Auditors (TIDE).

Environmental Metrics

ESG Focus Areas

• Act on Climate Emergency
• Maximize Our Positive Impact on People and Society
• Foster Sustainable Business Models

Environmental Achievements

• Achieved 12.5 thousand MWh of energy savings with efficiency projects
• Prevented approximately 21 thousand tons of CO2 equivalent greenhouse gas emissions through carbon emission reduction projects
• Procured nearly 165 thousand MWh of electricity from renewable sources
• 19% of water recycled and reused
• 87% of waste recycled and reused

Social Achievements

• Reached approximately 46,000 people from vulnerable groups with support programs
• Sabancı Foundation reached ~1 million people through grant programs

Governance Achievements

• Established Sabancı Group Sustainability Leadership Committee
• Established Thematic Task Forces under the Committee

Climate Goals & Targets

Environmental Challenges

• Climate emergency
• Social inequalities
• Covid-19 pandemic
• Talent risk
• Risks induced by digital transformation
• EU Carbon Border Tax
• Global Pandemic

Mitigation Strategies

• Shifting from crisis management to change management
• Integrating sustainability into all areas of operations
• Investing in renewable energy generation and new technologies to increase efficiency
• Expanding charging station network
• Producing electric bus and battery technologies
• Utilizing light material technologies to reduce fuel consumption
• Increasing resource efficiency of facilities
• Diversifying funding with green bonds, sustainable loans, and sustainability-linked loan agreements
• Carrying out R&D studies on reducing harmful chemicals and improving recycling technologies
• Implementing a comprehensive model for the future of work
• Prioritizing environmentally friendly industries in growth strategy
• Achieving Net-Zero Emissions by 2050
• Adopting next-generation digital solutions
• Developing solutions to ensure stakeholders are not adversely affected by digital risks

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement

• Prioritizing local suppliers
• Evaluating suppliers based on criteria such as technical capacity, quality, cost-efficiency, environmental performance

Climate-Related Risks & Opportunities

Physical Risks

• Wildfires, hurricanes, floods, extreme heat, epidemics, pandemics, drought, access to water

Transition Risks

• Policy changes in sustainable development, impact on reputation, market preferences, technological developments

Opportunities

• Development of energy-efficient products
• Renewable energy investments
• E-mobility
• Sustainable loans

Reporting Standards

Frameworks Used: GRI Standards: Core option, UNGC, WEPs, TCFD

Certifications: ISO 45001 (Akçansa, Brisa, Çimsa, Enerjisa Enerji, Enerjisa Üretim, Kordsa)

Third-party Assurance: PwC Bağımsız Denetim ve Serbest Muhasebeci Mali Müşavirlik A.Ş.

Sustainable Products & Innovation

• Electric vehicles
• Renewable energy technologies
• Light materials
• Energy-efficient products
• Recycled materials
• Sustainable loan financing

Awards & Recognition

• CDP Turkey Climate and Water Program Leader (Brisa and Kordsa)
• MSCI ESG Rating upgrade
• Various awards for Group companies in different categories

Environmental Metrics

ESG Focus Areas

• Act on Climate Emergency
• Maximize Our Positive Impact on People and Society
• Foster Sustainable Business Models

Environmental Achievements

• Sabancı Group reduced its total emissions and energy intensity in its total combined net sales revenues by 27% and 25%, respectively, compared to 2020.
• The ratio of waste reintroduced to the economy was 80%, and for water, the same ratio was 23%.
• Renewable electricity use increased by 116% compared to the previous year.

Social Achievements

• Launched Tomorrow is Ours Project to support the children of healthcare workers.
• Sabancı Republic Day Campaign reached more than 1.2 million people with inclusion programs.
• 40% of managerial roles, 33% of STEM roles, and 43% of income-generating roles were women.

Governance Achievements

• Established a Board of Directors Sustainability Committee consisting of only independent members.
• ESG parameters integrated into executive team’s performance targets (minimum 15%).
• Developed a Group-wide Responsible Investment and Due Diligence Policy.

Climate Goals & Targets

Environmental Challenges

• Supply chain disruptions
• High energy and raw material costs
• Climate emergency impacts

Mitigation Strategies

• Advanced analytics and integrated planning models
• Supplier continuity analysis
• Investments in renewable energy generation and new technologies

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement

• Code of conduct
• Supplier sustainability requirements
• Monitoring of subcontractor insurance and payments

Climate-Related Risks & Opportunities

Physical Risks

• Wildfires
• Extreme weather events
• Drought
• Water scarcity

Transition Risks

• Regulatory changes
• Market shifts
• Inability to access sustainable finance

Opportunities

• Investments in renewable energy
• Development of energy-efficient products
• Green financing

Reporting Standards

Frameworks Used: GRI Standards: Core option, UNGC, WEPs, TCFD

Certifications: ISO 14001, ISO 45001

Third-party Assurance: ISAE 3000 (Revised) and ISAE 3410

UN Sustainable Development Goals

• Multiple SDGs are mentioned throughout the report.

The report details how initiatives contribute to various UN SDGs.

Sustainable Products & Innovation

• Electric vehicles
• Energy-efficient products
• Light materials
• Sustainable chemicals

Awards & Recognition

• MSCI ESG rating upgrade
• CDP Climate Change and Water Security leadership
• Bloomberg Gender Equality Index inclusion
• Forbes’ “World’s Top Female-Friendly Companies” list inclusion
• Refinitiv ESG top ranking among investment holdings
• Turkey Sustainable Business Awards
• Stevie Awards
• Globee Awards
• Best Business Awards
• Brandon Hall Human Capital Management Excellence Program awards
• Green World Awards
• Communitas Excellence in Community Service Award

Environmental Metrics

ESG Focus Areas

• Climate Emergency
• Maximize Our Positive Impact on People and Society
• Foster Sustainable Business Models

Environmental Achievements

• 11% reduction in Scope 1 & 2 GHG emissions compared to 2021
• 9% reduction in total water consumption compared to 2021
• 31% of water recycled and reused
• 74,000 MWh of energy savings with efficiency projects

Social Achievements

• Reached over 1.5 million people through community investment programs
• Launched the Tomorrow Is Ours initiative mentoring 1,300 young people
• Sabancı Republic Day Campaign with 15,000 volunteers and 242 events
• Improved MSCI ESG rating to A

Governance Achievements

• Established Board Sustainability Committee
• ESG criteria embedded into capital allocation
• Published Responsible Investment Policy

Climate Goals & Targets

Environmental Challenges

• Extreme weather events
• Rising cost of living
• Talent risk
• Supply chain disruptions
• Increased non-financial regulations
• Increasing energy crisis
• Cybersecurity risks
• Geo-economic confrontation

Mitigation Strategies

• Integrated climate-related risks into ERM system
• Interim salary increase for employees
• Flexible Management of Digital Roles initiative
• Supplier continuity analysis
• Analyses of potential impacts of existing and upcoming regulations
• Renewable energy investments
• Investment in Radiflow for cybersecurity
• Dynamic portfolio management strategy

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement

• Supplier continuity analysis
• Responsible Investment Policy with due diligence on human rights

Climate-Related Risks & Opportunities

Physical Risks

• Extreme weather events
• Water shortages
• Biodiversity loss

Transition Risks

• Carbon tax risk
• Regulatory changes
• Market shifts

Opportunities

• Growth in renewable energy
• Development of energy-efficient products
• Green hydrogen production

Reporting Standards

Frameworks Used: GRI Standards, UNGC, WEPs, TCFD, UN SDGs

Certifications: ISO 14001, ISO 45001, LEED Gold V4

Third-party Assurance: Independent assurance services for selected environmental, social and economic performance indicators in accordance with ISAE 3000 (Revised) and ISAE 3410

UN Sustainable Development Goals

• Not disclosed

Various initiatives contribute to multiple UN SDGs.

Sustainable Products & Innovation

• Electric vehicles (Temsa)
• Cement products with alternative raw materials (Çimsa)
• Tire-grade yarn with recycled nylon (Kordsa)
• Bio-based flame-retardant e-glass prepreg (Kordsa)
• KraTos™ Synthetic Fiber Reinforcement (Kordsa)

Awards & Recognition

• MSCI ESG rating A
• Three Sabancı Group companies in CDP A List
• BIST 25 Sustainability Index
• Refinitiv ESG Assessment A rating
• Bloomberg Gender Equality Index
• CSR Excellence Awards Gold Award
• Numerous other awards for sustainability and human capital management

Environmental Metrics

ESG Focus Areas

• Social
• Education
• Financial Inclusion
• Culture and Arts
• Environmental
• Climate Action
• Community Development
• Gender Equality
• Youth Empowerment
• Disability Inclusion

Environmental Achievements

• Sabancı Republic Day Campaign supported restoration and healing after environmental disasters.
• Sabancı University achieved 100% renewable energy on its Tuzla campus through I-REC certification and solar energy infrastructure.
• Various projects focused on water conservation and biodiversity.

Social Achievements

• Sabancı Volunteers Program executed projects benefiting thousands, fostering inclusive culture and reaching wider audiences through digital platforms.
• Sabancı Republic Day Campaign mobilized over 10,000 volunteers for education and development projects, with a focus on earthquake-affected regions.
• Sabancı Foundation awarded 51,000 scholarships over 47 years, supporting women, youth, and people with disabilities.
• Various Group companies implemented projects focused on education, entrepreneurship, women's empowerment, and community development.
• Akbank's financial inclusion initiatives reached 1.8 million people.
• Agesa Mobile app introduced video call service for hearing-impaired customers.
• Akbank partnered with BlindLook to improve accessibility for visually impaired customers.

Governance Achievements

• Not disclosed

Climate Goals & Targets

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: I-REC (Sabancı University)

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

• SDG 4 (Quality Education)
• SDG 6 (Clean Water and Sanitation)
• SDG 7 (Affordable and Clean Energy)
• SDG 8 (Decent Work and Economic Growth)
• SDG 10 (Reduced Inequalities)
• SDG 13 (Climate Action)

Various initiatives contribute to these goals through education, community development, financial inclusion, and environmental sustainability projects.

Sustainable Products & Innovation

• Not disclosed

Awards & Recognition

• International CSR Excellence Gold Award 2023 (Sabancı Republic Day Campaign)
• European Sustainability Award - Prix Film4Climate 2023 (Güler Sabancı)