What is Corporate Sustainability?
What is Corporate Sustainability?
What is Corporate Sustainability?
Corporate sustainability is a guiding model for organizations that evaluate their environmental, social and economic performance in the short and long term.
Corporate sustainability is a guiding model for organizations that evaluate their environmental, social and economic performance in the short and long term.
Corporate sustainability is a guiding model for organizations that evaluate their environmental, social and economic performance in the short and long term.
Sustainability
Sustainability
Sustainability
Environment
Environment
Environment
Azalt
Azalt
Azalt
What is Corporate Sustainability and Why is it Important?
What is Corporate Sustainability and Why is it Important?
What is Corporate Sustainability and Why is it Important?
Steurer, Langer, Konrad and Martinuzzi (2005) explain corporate sustainability as a guiding model for organizations that evaluate their environmental, social and economic performance in the short and long term. The concept of corporate sustainability, which enables organizations to carry out sustainability-oriented activities, is important because it enables companies that actively continue their activities to gain competitive advantage in the market, prioritize environmental and social issues, grow, achieve long-term gains and increase their productivity [1].
The main difference of the corporate sustainability approach from other strategies is that it does not rely solely on the assessment of the financial situation in the decision-making or implementation process. In addition, it also includes environmental and social impacts in the process of determining these decisions and ensures that evaluations are made in this context.
Steurer, Langer, Konrad and Martinuzzi (2005) explain corporate sustainability as a guiding model for organizations that evaluate their environmental, social and economic performance in the short and long term. The concept of corporate sustainability, which enables organizations to carry out sustainability-oriented activities, is important because it enables companies that actively continue their activities to gain competitive advantage in the market, prioritize environmental and social issues, grow, achieve long-term gains and increase their productivity [1].
The main difference of the corporate sustainability approach from other strategies is that it does not rely solely on the assessment of the financial situation in the decision-making or implementation process. In addition, it also includes environmental and social impacts in the process of determining these decisions and ensures that evaluations are made in this context.
Steurer, Langer, Konrad and Martinuzzi (2005) explain corporate sustainability as a guiding model for organizations that evaluate their environmental, social and economic performance in the short and long term. The concept of corporate sustainability, which enables organizations to carry out sustainability-oriented activities, is important because it enables companies that actively continue their activities to gain competitive advantage in the market, prioritize environmental and social issues, grow, achieve long-term gains and increase their productivity [1].
The main difference of the corporate sustainability approach from other strategies is that it does not rely solely on the assessment of the financial situation in the decision-making or implementation process. In addition, it also includes environmental and social impacts in the process of determining these decisions and ensures that evaluations are made in this context.
Dimensions of Corporate Sustainability
Dimensions of Corporate Sustainability
Dimensions of Corporate Sustainability
Corporate sustainability consists of three distinct and comprehensive dimensions: Environmental, Social and Governance (ESG). In addition to these three dimensions, the economic dimension is also covered. Institutions examine, analyze and work to improve each dimension by dividing it into various sub-headings. Finally, these issues are combined into a comprehensive whole, evaluated together and necessary actions are taken.
Environmental Dimension of Corporate Sustainability
The environmental dimension of corporate sustainability is evaluated within the scope of monitoring, analyzing and mitigating the environmental impacts of organizations, and the issues included in this scope are as follows:
Emission Management: Innovative efforts should be made to calculate, monitor, report and reduce greenhouse gas emissions.
Waste Management: Waste generation should be reduced, reused, recycled and disposed of with the right methods.
Energy Management: Energy use must be optimized. The amount of energy consumption should be reduced.
Water Management: Efficient use of water resources should be ensured.
Environmental Innovation: Environmentally friendly products and services should be developed with innovative approaches and integrated into business processes.
Social Dimension of Corporate Sustainability
The social dimension of corporate sustainability is important for increasing/improving the positive impact of organizations on all stakeholders, employees and even society. The issues within the scope of the social dimension of corporate sustainability are as follows:
Occupational Health and Safety: Necessary occupational health and safety measures should be taken for employees.
Employee Development and Training: Training and development opportunities should be provided to improve the skills of employees. Their career development should be supported.
Community Engagement and Contribution: Provide quality services to the community, contribute, support social responsibility projects and cooperate with local communities.
Human Rights and Diversity: Respect human rights, provide equal opportunities for all and pay attention to issues such as gender equality.
Stakeholder Relations: Establish transparent, reliable and sustainable relationships with customers, suppliers, partners and all other stakeholders and meet their expectations.
Governance Dimension of Corporate Sustainability
The governance dimension of corporate sustainability includes effective and responsible governance practices by evaluating elements such as the management structure, decision-making mechanism, reliability and transparency of the organization. It ensures that all stages, from which management approach is adopted inside and outside the organization to how it communicates with stakeholders, are established with a sustainability approach. The issues covered under the governance dimension of corporate sustainability are as follows:
Management Structure and Responsibilities: Governance bodies and responsibilities should be determined and shared transparently.
Decision Making Mechanism/Stakeholder Engagement: The views of all stakeholders should be considered in decision-making processes. Care should be taken to ensure that the decisions taken are in line with sustainability goals.
Risk Management and Implementation: Organizations should identify and assess the risks they are or will be exposed to. They should take measures against these risks with a sustainable perspective and risk management processes should be carried out effectively.
Accountability and Reporting: Institutions should regularly analyze their sustainability efforts, communicate the results of their assessments to their stakeholders through reporting, and act in accordance with the principle of accountability.
Corporate sustainability consists of three distinct and comprehensive dimensions: Environmental, Social and Governance (ESG). In addition to these three dimensions, the economic dimension is also covered. Institutions examine, analyze and work to improve each dimension by dividing it into various sub-headings. Finally, these issues are combined into a comprehensive whole, evaluated together and necessary actions are taken.
Environmental Dimension of Corporate Sustainability
The environmental dimension of corporate sustainability is evaluated within the scope of monitoring, analyzing and mitigating the environmental impacts of organizations, and the issues included in this scope are as follows:
Emission Management: Innovative efforts should be made to calculate, monitor, report and reduce greenhouse gas emissions.
Waste Management: Waste generation should be reduced, reused, recycled and disposed of with the right methods.
Energy Management: Energy use must be optimized. The amount of energy consumption should be reduced.
Water Management: Efficient use of water resources should be ensured.
Environmental Innovation: Environmentally friendly products and services should be developed with innovative approaches and integrated into business processes.
Social Dimension of Corporate Sustainability
The social dimension of corporate sustainability is important for increasing/improving the positive impact of organizations on all stakeholders, employees and even society. The issues within the scope of the social dimension of corporate sustainability are as follows:
Occupational Health and Safety: Necessary occupational health and safety measures should be taken for employees.
Employee Development and Training: Training and development opportunities should be provided to improve the skills of employees. Their career development should be supported.
Community Engagement and Contribution: Provide quality services to the community, contribute, support social responsibility projects and cooperate with local communities.
Human Rights and Diversity: Respect human rights, provide equal opportunities for all and pay attention to issues such as gender equality.
Stakeholder Relations: Establish transparent, reliable and sustainable relationships with customers, suppliers, partners and all other stakeholders and meet their expectations.
Governance Dimension of Corporate Sustainability
The governance dimension of corporate sustainability includes effective and responsible governance practices by evaluating elements such as the management structure, decision-making mechanism, reliability and transparency of the organization. It ensures that all stages, from which management approach is adopted inside and outside the organization to how it communicates with stakeholders, are established with a sustainability approach. The issues covered under the governance dimension of corporate sustainability are as follows:
Management Structure and Responsibilities: Governance bodies and responsibilities should be determined and shared transparently.
Decision Making Mechanism/Stakeholder Engagement: The views of all stakeholders should be considered in decision-making processes. Care should be taken to ensure that the decisions taken are in line with sustainability goals.
Risk Management and Implementation: Organizations should identify and assess the risks they are or will be exposed to. They should take measures against these risks with a sustainable perspective and risk management processes should be carried out effectively.
Accountability and Reporting: Institutions should regularly analyze their sustainability efforts, communicate the results of their assessments to their stakeholders through reporting, and act in accordance with the principle of accountability.
Corporate sustainability consists of three distinct and comprehensive dimensions: Environmental, Social and Governance (ESG). In addition to these three dimensions, the economic dimension is also covered. Institutions examine, analyze and work to improve each dimension by dividing it into various sub-headings. Finally, these issues are combined into a comprehensive whole, evaluated together and necessary actions are taken.
Environmental Dimension of Corporate Sustainability
The environmental dimension of corporate sustainability is evaluated within the scope of monitoring, analyzing and mitigating the environmental impacts of organizations, and the issues included in this scope are as follows:
Emission Management: Innovative efforts should be made to calculate, monitor, report and reduce greenhouse gas emissions.
Waste Management: Waste generation should be reduced, reused, recycled and disposed of with the right methods.
Energy Management: Energy use must be optimized. The amount of energy consumption should be reduced.
Water Management: Efficient use of water resources should be ensured.
Environmental Innovation: Environmentally friendly products and services should be developed with innovative approaches and integrated into business processes.
Social Dimension of Corporate Sustainability
The social dimension of corporate sustainability is important for increasing/improving the positive impact of organizations on all stakeholders, employees and even society. The issues within the scope of the social dimension of corporate sustainability are as follows:
Occupational Health and Safety: Necessary occupational health and safety measures should be taken for employees.
Employee Development and Training: Training and development opportunities should be provided to improve the skills of employees. Their career development should be supported.
Community Engagement and Contribution: Provide quality services to the community, contribute, support social responsibility projects and cooperate with local communities.
Human Rights and Diversity: Respect human rights, provide equal opportunities for all and pay attention to issues such as gender equality.
Stakeholder Relations: Establish transparent, reliable and sustainable relationships with customers, suppliers, partners and all other stakeholders and meet their expectations.
Governance Dimension of Corporate Sustainability
The governance dimension of corporate sustainability includes effective and responsible governance practices by evaluating elements such as the management structure, decision-making mechanism, reliability and transparency of the organization. It ensures that all stages, from which management approach is adopted inside and outside the organization to how it communicates with stakeholders, are established with a sustainability approach. The issues covered under the governance dimension of corporate sustainability are as follows:
Management Structure and Responsibilities: Governance bodies and responsibilities should be determined and shared transparently.
Decision Making Mechanism/Stakeholder Engagement: The views of all stakeholders should be considered in decision-making processes. Care should be taken to ensure that the decisions taken are in line with sustainability goals.
Risk Management and Implementation: Organizations should identify and assess the risks they are or will be exposed to. They should take measures against these risks with a sustainable perspective and risk management processes should be carried out effectively.
Accountability and Reporting: Institutions should regularly analyze their sustainability efforts, communicate the results of their assessments to their stakeholders through reporting, and act in accordance with the principle of accountability.
What are Effective Corporate Sustainability Strategies?
What are Effective Corporate Sustainability Strategies?
What are Effective Corporate Sustainability Strategies?
Organizations create strategies by analyzing their current situation. Recently, one of the issues on the agenda of organizations is to consider their strategic decisions within the scope of corporate sustainability. Studies are carried out to integrate the corporate sustainability strategies they have created by evaluating them with sustainability practices into business processes and make them continuous [2].
Effective sustainability strategies adopted by organizations include elements such as good environmental management, efficient and sustainable supply chain processes, increasing employee awareness through various training and contributing to society by developing corporate social responsibility projects. It is important that all these issues are reported transparently.
Organizations create strategies by analyzing their current situation. Recently, one of the issues on the agenda of organizations is to consider their strategic decisions within the scope of corporate sustainability. Studies are carried out to integrate the corporate sustainability strategies they have created by evaluating them with sustainability practices into business processes and make them continuous [2].
Effective sustainability strategies adopted by organizations include elements such as good environmental management, efficient and sustainable supply chain processes, increasing employee awareness through various training and contributing to society by developing corporate social responsibility projects. It is important that all these issues are reported transparently.
Organizations create strategies by analyzing their current situation. Recently, one of the issues on the agenda of organizations is to consider their strategic decisions within the scope of corporate sustainability. Studies are carried out to integrate the corporate sustainability strategies they have created by evaluating them with sustainability practices into business processes and make them continuous [2].
Effective sustainability strategies adopted by organizations include elements such as good environmental management, efficient and sustainable supply chain processes, increasing employee awareness through various training and contributing to society by developing corporate social responsibility projects. It is important that all these issues are reported transparently.
What are Corporate Sustainability Reporting Methods?
What are Corporate Sustainability Reporting Methods?
What are Corporate Sustainability Reporting Methods?
Organizations prepare corporate sustainability reports in order to see the overall impact of their activities. Organizations that want to create a corporate sustainability report can benefit from various internationally recognized standards, guidelines and frameworks. They can transparently publish comprehensive information on environmental, social, governance and economic issues and make them accessible. Corporate sustainability reports enable organizations to measure and evaluate their sustainability performance. In this way, it can analyze the position of its sector in the international arena.
The standards that can be used when preparing a corporate sustainability report are given below:
GRI (Global Reporting Initiative)
The Global Reporting Initiative (GRI) provides a framework for measuring, managing and reporting on companies' sustainability performance.
GRI standards encourage transparent and comparable reporting of environmental, social and governance impacts.
It is voluntary and has been recognized by many international organizations and investors.
CDP (Carbon Disclosure Project)
CDP is a non-profit association that provides a global disclosure system for investors, companies, cities, states and regions to disclose their environmental impacts.
Companies have to answer an annual questionnaire about their environmental impacts and measures taken to mitigate them, categorized into climate change, deforestation and water security.
TCFD (Task Force on Climate-Related Financial Disclosures)
TCFD is tasked with developing recommendations for better and enhanced disclosure of climate-related financial risks.
TCFD aims to help companies manage and report climate-related risks and opportunities more effectively.
TCFD aims to encourage financial sector participation in efforts to combat climate change at the international level.
IFRS (International Financial Reporting Standards)
IFRS (International Financial Reporting Standards) have gained international acceptance for financial reporting. Within IFRS, the International Sustainability Standards Board (ISSB) creates frameworks to ensure more consistent and comparable disclosure of sustainability information.
It helps companies report their ESG performance and is designed to align with international financial reporting standards.
In addition to these reports, other internationally recognized and practiced reporting types are as follows:
UN Principles for Responsible Investment (PRI)
Sustainability Accounting Standards Board (SASB)
Science Based Targets initiative (SBTi)
United Nations Global Compact (UNGC)
Carbon Disclosure Standards Board (CDSB)
International Integrated Reporting Council (IIRC)
In addition to international standards, the Türkiye Sustainability Reporting Standards (TSRS), published by the Public Oversight, Accounting and Auditing Standards Authority, were announced in the form of two standards, TSRS 1 (General Requirements for Disclosure of Sustainability-related Financial Information) and TSRS 2 (Climate-Related Disclosures), which set out the general provisions and principles to be followed in sustainability reporting by enterprises subject to the decision taken. The objective of TSRS is to facilitate large enterprises' access to green finance through sustainability reporting and to increase their ability to obtain investment.
Organizations prepare corporate sustainability reports in order to see the overall impact of their activities. Organizations that want to create a corporate sustainability report can benefit from various internationally recognized standards, guidelines and frameworks. They can transparently publish comprehensive information on environmental, social, governance and economic issues and make them accessible. Corporate sustainability reports enable organizations to measure and evaluate their sustainability performance. In this way, it can analyze the position of its sector in the international arena.
The standards that can be used when preparing a corporate sustainability report are given below:
GRI (Global Reporting Initiative)
The Global Reporting Initiative (GRI) provides a framework for measuring, managing and reporting on companies' sustainability performance.
GRI standards encourage transparent and comparable reporting of environmental, social and governance impacts.
It is voluntary and has been recognized by many international organizations and investors.
CDP (Carbon Disclosure Project)
CDP is a non-profit association that provides a global disclosure system for investors, companies, cities, states and regions to disclose their environmental impacts.
Companies have to answer an annual questionnaire about their environmental impacts and measures taken to mitigate them, categorized into climate change, deforestation and water security.
TCFD (Task Force on Climate-Related Financial Disclosures)
TCFD is tasked with developing recommendations for better and enhanced disclosure of climate-related financial risks.
TCFD aims to help companies manage and report climate-related risks and opportunities more effectively.
TCFD aims to encourage financial sector participation in efforts to combat climate change at the international level.
IFRS (International Financial Reporting Standards)
IFRS (International Financial Reporting Standards) have gained international acceptance for financial reporting. Within IFRS, the International Sustainability Standards Board (ISSB) creates frameworks to ensure more consistent and comparable disclosure of sustainability information.
It helps companies report their ESG performance and is designed to align with international financial reporting standards.
In addition to these reports, other internationally recognized and practiced reporting types are as follows:
UN Principles for Responsible Investment (PRI)
Sustainability Accounting Standards Board (SASB)
Science Based Targets initiative (SBTi)
United Nations Global Compact (UNGC)
Carbon Disclosure Standards Board (CDSB)
International Integrated Reporting Council (IIRC)
In addition to international standards, the Türkiye Sustainability Reporting Standards (TSRS), published by the Public Oversight, Accounting and Auditing Standards Authority, were announced in the form of two standards, TSRS 1 (General Requirements for Disclosure of Sustainability-related Financial Information) and TSRS 2 (Climate-Related Disclosures), which set out the general provisions and principles to be followed in sustainability reporting by enterprises subject to the decision taken. The objective of TSRS is to facilitate large enterprises' access to green finance through sustainability reporting and to increase their ability to obtain investment.
Organizations prepare corporate sustainability reports in order to see the overall impact of their activities. Organizations that want to create a corporate sustainability report can benefit from various internationally recognized standards, guidelines and frameworks. They can transparently publish comprehensive information on environmental, social, governance and economic issues and make them accessible. Corporate sustainability reports enable organizations to measure and evaluate their sustainability performance. In this way, it can analyze the position of its sector in the international arena.
The standards that can be used when preparing a corporate sustainability report are given below:
GRI (Global Reporting Initiative)
The Global Reporting Initiative (GRI) provides a framework for measuring, managing and reporting on companies' sustainability performance.
GRI standards encourage transparent and comparable reporting of environmental, social and governance impacts.
It is voluntary and has been recognized by many international organizations and investors.
CDP (Carbon Disclosure Project)
CDP is a non-profit association that provides a global disclosure system for investors, companies, cities, states and regions to disclose their environmental impacts.
Companies have to answer an annual questionnaire about their environmental impacts and measures taken to mitigate them, categorized into climate change, deforestation and water security.
TCFD (Task Force on Climate-Related Financial Disclosures)
TCFD is tasked with developing recommendations for better and enhanced disclosure of climate-related financial risks.
TCFD aims to help companies manage and report climate-related risks and opportunities more effectively.
TCFD aims to encourage financial sector participation in efforts to combat climate change at the international level.
IFRS (International Financial Reporting Standards)
IFRS (International Financial Reporting Standards) have gained international acceptance for financial reporting. Within IFRS, the International Sustainability Standards Board (ISSB) creates frameworks to ensure more consistent and comparable disclosure of sustainability information.
It helps companies report their ESG performance and is designed to align with international financial reporting standards.
In addition to these reports, other internationally recognized and practiced reporting types are as follows:
UN Principles for Responsible Investment (PRI)
Sustainability Accounting Standards Board (SASB)
Science Based Targets initiative (SBTi)
United Nations Global Compact (UNGC)
Carbon Disclosure Standards Board (CDSB)
International Integrated Reporting Council (IIRC)
In addition to international standards, the Türkiye Sustainability Reporting Standards (TSRS), published by the Public Oversight, Accounting and Auditing Standards Authority, were announced in the form of two standards, TSRS 1 (General Requirements for Disclosure of Sustainability-related Financial Information) and TSRS 2 (Climate-Related Disclosures), which set out the general provisions and principles to be followed in sustainability reporting by enterprises subject to the decision taken. The objective of TSRS is to facilitate large enterprises' access to green finance through sustainability reporting and to increase their ability to obtain investment.
Corporate Sustainability Examples from Turkey and the World
Corporate Sustainability Examples from Turkey and the World
Corporate Sustainability Examples from Turkey and the World
Microsoft
Microsoft is one of the world's best examples of corporate sustainability. Collaborating with leading global organizations, Microsoft aims to become a carbon negative and zero waste company by 2030. It also aims to become water positive by 2030 by transforming water consumption processes into efficient ones. In addition, it plans to remove carbon equivalent to its historical emissions from the atmosphere by 2050 [3].
IKEA
Implementing its sustainability approach in its supply chain processes, IKEA addresses its sustainability activities with a comprehensive approach that includes all its stakeholders. Approximately half of the wood and textiles used in production processes are sourced from sustainable sources. These materials are produced in line with a goal that aims to minimize water pollution through organic farming practices [4].
LEGO
LEGO contributes to sustainability by offering plant-based polyethylene toys to reduce the production and use of plastic toys. In addition, within the scope of waste management, it plans to carry out its processes within the zero waste project by 2025. Among its goals is to make its core products from sustainable materials by 2030 [5].
Abdi İbrahim
Shaping its sustainability efforts with the goal of improving the future, Abdi İbrahim has set its 2030, 2040 and 2050 targets under three main headings: improving the future of the ecosystem, improving the future of people and improving the future of business [6].
Mavi
Mavi addresses sustainability in the context of people, environment, society and denim, and sets its goals accordingly. In 2020, Mavi became the first and only Turkish apparel company to report on CDP Climate Change, and in 2023, Mavi became the first and only Turkish apparel company to be included in the CDP Global A list [7].
EKOL Logistics
EKOL Logistics, one of the leading companies in the logistics sector, sets targets by planning with a sustainability-oriented approach. In this context, it aims to reduce scope 1-2-3 emissions by 55% by 2030 compared to 2020. At the same time, it plans to become Carbon Neutral by 2050, aiming to reduce emissions from its vehicles transporting in Europe by 75%. In addition to these, it continues its activities in social, economic and environmental context by obtaining various sustainability certificates [8].
DENİZBANK
Denizbank addresses the environmental, social and governance dimensions separately in order to further develop the work carried out in 2022 within the scope of sustainability. Among its environmental goals are calculating emissions with science-based targets, measuring water and plastic footprint, and establishing a waste management system. Activities such as providing training to increase employee awareness, giving importance to the concept of diversity and inclusion, and increasing social responsibility projects are social goals [9].
Microsoft
Microsoft is one of the world's best examples of corporate sustainability. Collaborating with leading global organizations, Microsoft aims to become a carbon negative and zero waste company by 2030. It also aims to become water positive by 2030 by transforming water consumption processes into efficient ones. In addition, it plans to remove carbon equivalent to its historical emissions from the atmosphere by 2050 [3].
IKEA
Implementing its sustainability approach in its supply chain processes, IKEA addresses its sustainability activities with a comprehensive approach that includes all its stakeholders. Approximately half of the wood and textiles used in production processes are sourced from sustainable sources. These materials are produced in line with a goal that aims to minimize water pollution through organic farming practices [4].
LEGO
LEGO contributes to sustainability by offering plant-based polyethylene toys to reduce the production and use of plastic toys. In addition, within the scope of waste management, it plans to carry out its processes within the zero waste project by 2025. Among its goals is to make its core products from sustainable materials by 2030 [5].
Abdi İbrahim
Shaping its sustainability efforts with the goal of improving the future, Abdi İbrahim has set its 2030, 2040 and 2050 targets under three main headings: improving the future of the ecosystem, improving the future of people and improving the future of business [6].
Mavi
Mavi addresses sustainability in the context of people, environment, society and denim, and sets its goals accordingly. In 2020, Mavi became the first and only Turkish apparel company to report on CDP Climate Change, and in 2023, Mavi became the first and only Turkish apparel company to be included in the CDP Global A list [7].
EKOL Logistics
EKOL Logistics, one of the leading companies in the logistics sector, sets targets by planning with a sustainability-oriented approach. In this context, it aims to reduce scope 1-2-3 emissions by 55% by 2030 compared to 2020. At the same time, it plans to become Carbon Neutral by 2050, aiming to reduce emissions from its vehicles transporting in Europe by 75%. In addition to these, it continues its activities in social, economic and environmental context by obtaining various sustainability certificates [8].
DENİZBANK
Denizbank addresses the environmental, social and governance dimensions separately in order to further develop the work carried out in 2022 within the scope of sustainability. Among its environmental goals are calculating emissions with science-based targets, measuring water and plastic footprint, and establishing a waste management system. Activities such as providing training to increase employee awareness, giving importance to the concept of diversity and inclusion, and increasing social responsibility projects are social goals [9].
Microsoft
Microsoft is one of the world's best examples of corporate sustainability. Collaborating with leading global organizations, Microsoft aims to become a carbon negative and zero waste company by 2030. It also aims to become water positive by 2030 by transforming water consumption processes into efficient ones. In addition, it plans to remove carbon equivalent to its historical emissions from the atmosphere by 2050 [3].
IKEA
Implementing its sustainability approach in its supply chain processes, IKEA addresses its sustainability activities with a comprehensive approach that includes all its stakeholders. Approximately half of the wood and textiles used in production processes are sourced from sustainable sources. These materials are produced in line with a goal that aims to minimize water pollution through organic farming practices [4].
LEGO
LEGO contributes to sustainability by offering plant-based polyethylene toys to reduce the production and use of plastic toys. In addition, within the scope of waste management, it plans to carry out its processes within the zero waste project by 2025. Among its goals is to make its core products from sustainable materials by 2030 [5].
Abdi İbrahim
Shaping its sustainability efforts with the goal of improving the future, Abdi İbrahim has set its 2030, 2040 and 2050 targets under three main headings: improving the future of the ecosystem, improving the future of people and improving the future of business [6].
Mavi
Mavi addresses sustainability in the context of people, environment, society and denim, and sets its goals accordingly. In 2020, Mavi became the first and only Turkish apparel company to report on CDP Climate Change, and in 2023, Mavi became the first and only Turkish apparel company to be included in the CDP Global A list [7].
EKOL Logistics
EKOL Logistics, one of the leading companies in the logistics sector, sets targets by planning with a sustainability-oriented approach. In this context, it aims to reduce scope 1-2-3 emissions by 55% by 2030 compared to 2020. At the same time, it plans to become Carbon Neutral by 2050, aiming to reduce emissions from its vehicles transporting in Europe by 75%. In addition to these, it continues its activities in social, economic and environmental context by obtaining various sustainability certificates [8].
DENİZBANK
Denizbank addresses the environmental, social and governance dimensions separately in order to further develop the work carried out in 2022 within the scope of sustainability. Among its environmental goals are calculating emissions with science-based targets, measuring water and plastic footprint, and establishing a waste management system. Activities such as providing training to increase employee awareness, giving importance to the concept of diversity and inclusion, and increasing social responsibility projects are social goals [9].
The Erguvan Team
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OFFICES
Istanbul
Orjin Maslak İş Merkezi, Eski Büyükdere Cad.No: 27, Zemin Kat Sarıyer, İstanbul, Turkey
London
59, Terrington Hill, Marlow, England, SL7 2RE
DUBAI
Level 2 Innovation Hub Dubai International Financial Centre
2024 © erguvan | Digital Infrastructure for Corporate Climate Action
OFFICES
Istanbul
Orjin Maslak İş Merkezi, Eski Büyükdere Cad.No: 27, Zemin Kat Sarıyer, İstanbul, Turkey
London
59, Terrington Hill, Marlow, England, SL7 2RE
DUBAI
Level 2 Innovation Hub Dubai International Financial Centre
2024 © erguvan | Digital Infrastructure for Corporate Climate Action