Sabancı will reduce its emissions by 42 percent until 2030

Sabancı Holding Chief Executive Officer (CEO) Cenk Alper stated that in coordination with the Science-Based Targets Initiative (SBTi), they will have taken an important step towards their “Net Zero” targets by reducing their direct carbon emissions by at least 42 percent until 2030. The Community has committed to achieving “Net Zero” in greenhouse gas emissions by 2050.

Sabancı Holding, which will reduce its Scope 1 and Scope 2 emissions by 42 percent until 2030, will continue to lead the fight against the climate emergency, in line with the recommendations of the Science Based Targets initiative (SBTi), one of the most respected global standards in the world. .

In this direction, Sabancı Group, which will implement various initiatives such as renewable energy use, alternative fuels, raw material substitution, electricity loss-leakage reduction, and green hydrogen use, will also strengthen its sustainability approach with its “new economy” investments.

Sabancı Holding CEO Alper said that with the 2050 “Net Zero” targets that they first announced at the beginning of 2021, they made a long-term commitment in this regard and signed a first among the holdings in Turkey:

“We continued to support our determined stance on this issue with our achievements in 2022. In the MSCI ESG Rating, one of the world’s leading ESG rating agencies, we received a grade increase of 3 levels in the last 3 years and reached the A grade in 2022. As Sabancı Holding, we and the BIST 25 Sustainability Index, which includes companies with the highest corporate sustainability performance, and 3 of 9 companies from Turkey in the Global A List of the CDP (Carbon Disclosure Project), which is considered one of the most important indices in this field, Sabancı He was from the Community.”

Alper stated that they believe that Sabancı’s stance on sustainability is also very important for the country.

For this reason, Alper emphasized that they want to demonstrate their determination here once again with the interim targets they will set for themselves, and made the following assessment:

“In coordination with the Science-Based Targets Initiative (SBTi), we will have taken an important step towards our Net Zero target by reducing our direct carbon emissions by at least 42 percent until 2030. We aim to achieve a 15 percent reduction by the end of 2025 at the latest. This target not only covers the holding but also the direct carbon emissions of all our group companies. In line with these targets, we will continue to focus on the ‘new economy’, which is at the center of our global growth strategy, while taking important steps in digitalization and efficiency in our business lines.”