Climate Change Data

LIMAK ÇIMENTO SANAYI VE TICARET ANONIM SIRKETI

Climate Impact & Sustainability Data (2023)

Reporting Period: 2023

Environmental Metrics

Total Carbon Emissions:7481618 tCO2e/year
Scope 1 Emissions:7138622 tCO2e/year
Scope 2 Emissions:342995.4 tCO2e/year
Scope 3 Emissions:107254.57 tCO2e/year
Renewable Energy Share:0%
Total Energy Consumption:4944018 MWh/year
Water Consumption:947.25 megaliters/year
Waste Generated:352761 tonnes ARM/year
Carbon Intensity:0.000506 tCO2e per unit total revenue

ESG Focus Areas

  • Climate Change
  • Water
  • Biodiversity

Environmental Achievements

  • Increased alternative fuel usage by 198% compared to the previous year, resulting in reduced greenhouse gas emissions.
  • Increased alternative raw material usage by 32% compared to 2022.
  • Completed AF Feeding system investment in Anka, Balıkesir, and Trakya factories to reduce GHG emissions.

Social Achievements

  • Established Limak Cement Academy platform for supplier training, including sustainability modules.
  • Implemented Smart Water Management Project to optimize water use and reduce costs.

Governance Achievements

  • Established Carbon Reduction Strategy Committee.
  • Developed environmental policies addressing climate change, water, and biodiversity.
  • Publicly available board diversity and inclusion policy.

Climate Goals & Targets

Long-term Goals:
  • Achieve net-zero emissions by 2050.
Medium-term Goals:
  • Achieve 54% renewable energy share by 2030.
  • Reduce Scope 3 emissions by 40% per ton by 2030.
Short-term Goals:
  • Reduce water consumption
  • Reduce Scope 1 and 2 emissions by 23.2% and 64% respectively by 2030.

Environmental Challenges

  • Carbon pricing mechanisms (ETS or Carbon Tax) potentially increasing indirect costs.
  • Water scarcity in several operational regions (Asi, Tigris & Euphrates, Sakarya, Maritsa basins).
  • Natural disasters (floods, droughts, earthquakes, wildfires) causing operational disruptions and financial losses.
  • Limited availability of RDF in Turkey hindering the use of sustainable fuels.
Mitigation Strategies
  • Established Carbon Reduction Strategy Committee to manage climate risks.
  • Implemented water efficiency, reuse, recycling, and conservation practices.
  • Secured comprehensive insurance coverage for natural disaster risks.
  • Developed emergency response and adaptation plans for high-risk areas.
  • Advocating for controlled importation of RDF to increase sustainable fuel use.

Supply Chain Management

Supplier Audits: 76-99% of Tier 1 suppliers assessed

Responsible Procurement
  • Environmental requirements included in supplier contracts.
  • Policy for addressing supplier non-compliance.

Climate-Related Risks & Opportunities

Physical Risks
  • Floods
  • Droughts
  • Earthquakes
  • Wildfires
Transition Risks
  • Carbon pricing mechanisms
  • EU CBAM
  • National ETS
Opportunities
  • Use of alternative fuels (RDF, biomass)
  • Use of alternative raw materials
  • Renewable energy investments

Reporting Standards

Frameworks Used: GRI, TCFD, UNGC, SBTi

Certifications: ISO 14001, ISO 14064-1:2018

Third-party Assurance: Accredited third-party verifier

UN Sustainable Development Goals

  • SDG 7 (Affordable and Clean Energy)
  • SDG 6 (Clean Water and Sanitation)
  • SDG 13 (Climate Action)

Initiatives contribute to these goals through emission reductions, water conservation, and renewable energy investments.

Sustainable Products & Innovation

  • CEM PLUS+ cement
  • LimakCement 3DC premix mortar

Awards & Recognition

  • Best Industrial Investment Made in Mozambique