Our Global Sustainability Vision
Transitioning to renewable energy is the most critical step in combating climate change. At COP28, countries committed to tripling renewable energy capacity by 2030. Achieving this ambitious target will require infrastructure development at an unprecedented scale and pace, necessitating efficient management of resources, space, and widespread support.
Therefore, proving our ability to build renewable energy responsibly and sustainably is of utmost importance. We structure our operations and value chain to protect the natural environment, minimize reliance on high-emission resources, respect human rights throughout the supply chain, and deliver tangible benefits to the communities in which we operate. The renewable energy sector possesses a unique potential to create societal value, from restoring nature to fostering local employment, strengthening supply chains, and driving socio-economic development.
In summary, sustainability is not just the right approach but also a prerequisite for the rapid and effective deployment of renewable energy infrastructure aligned with global sustainability goals.
Our approach focuses on identifying key sustainability areas associated with renewable energy, addressing their challenges, and achieving net-positive outcomes wherever possible. By transforming renewable energy into a force for positive change for people and nature, we can simultaneously achieve the Paris Agreement's targets and build a climate-resilient industry.
Explore our efforts to realize this vision in the sections below.
Prioritizing Topics for Our Stakeholders
While defining our strategy, we conduct a comprehensive prioritization study, incorporating the views of all stakeholders to align the identified priorities with our business strategies. These priority areas shape the core value areas of our sustainability strategy, providing guidance for setting corporate goals.
For the first time, we have conducted a double materiality analysis in accordance with IFRS standards. You can access the results and summaries of this foundational analysis through the provided link.
Our Efforts for Top Material Issues
Green Energy that revives nature
The widespread use of renewable energy contributes to creating a better world, including long-term benefits for nature. We are committed to ensuring that our green energy projects positively impact the environment and support its restoration.
Climate Action Aligned with Science
As we expand our renewable energy operations, we aim to implement projects that contribute to our science-based emission reduction targets. In alignment with the Paris Agreement, we emphasize the importance of low-emission energy in combating the climate crisis.
Governance that enables sound decisions
By embedding sustainability and integrity into all our processes and decision-making mechanisms, we foster governance that enables sound decisions. Our value areas are shaped by strategic foundations such as corporate governance, risk management, ethics, compliance, and transparency, ensuring a robust framework for achieving
Driving Progress Through R&D and Innovation
We focus on solving sectoral challenges while uncovering new opportunities. By combining creativity with technology, we aim to deliver value to our stakeholders and lead the way toward a more sustainable and resilient future. Our efforts are directed at developing innovative solutions to combat the climate crisis, working together to create meaningful
Circularity for a Cleaner Future
We are redefining how resources are utilized, focusing on minimizing waste and maximizing reuse. By adopting circular economy principles, we aim to eliminate pollution at its source and create systems that renew rather than deplete. Together, we are building a sustainable path where every action contributes to a healthier planet.
Sustainable Growth
Sustainable growth requires not only the efficient use of environmental resources but also financial ones. Accordingly, we prioritize sustainable finance instruments to meet the resource needs of our investments, considering both environmental and social responsibilities.
A green transition that works for people
The safety of our workforce is fundamental to sustainable development; the health and security of employees are always a top priority. Collaborating with local stakeholders, we aim to improve living standards and protect their interests. Ensuring the rights of supply chain workers and fair working conditions is critical for sustainable success. In this regard, we are committed to working towards a just and inclusive green transition.
Strategic Framework & Value Areas
The identified priority topics have been comprehensively evaluated, resulting in the determination of the value areas Zorlu Enerji will focus on for its long-term value creation journey.
These are structured under the following key headings:
The value areas, supported by strategic foundations such as corporate governance, risk management, ethics, compliance, and transparency, contribute to sustainability goals through subject-specific initiatives.
Regenerative Operations and Value Chain
This value area addresses the necessary steps to sustain the world's natural cycles that make life possible.
It encompasses priorities such as combating the climate crisis, preserving biodiversity, and ensuring renewable, low-emission, and continuous energy supply within business models.
Impact-Driven Growth
This area focuses on creating positive impacts through growth strategies, such as digitizing infrastructures, e-mobility, and distributed systems.
While transforming existing operations with a regenerative approach, it also includes the design of entirely new regenerative and restorative business models.
People and Culture
This area prioritizes talent management and employee well-being as crucial resources for supporting regenerative transformation and restorative business model designs. Additionally, it emphasizes creating social benefits through strong engagement with stakeholders in the regions where operations take place, fostering local socio-economic development.
Explore Sustainability in Practice
Dive into our interactive universe to discover a selection of current and past initiatives designed to ensure the sustainable development of renewable energy
How Do We Manage Our Sustainability Strategy?
Zorlu Enerji employs a multi-layered organizational structure to achieve its strategic objectives and create value. The Sustainability Committee, operating under the Board of Directors, is responsible for overseeing the overall strategy. While ensuring strategic coordination with other Board Committees, the Sustainability Committee focuses on the primary value areas of the strategy. Dedicated sub-working groups monitor developments in relevant topics at regular intervals and continue their efforts in alignment with Zorlu Enerji's sustainability strategy focus areas and prioritization analyses. For more details on the committee's working principles, please refer to the relevant documentation.
