July 2022

Celebrating its 50th anniversary this year, Kibar Holding has published its 2021 sustainability report. Addressing sustainability in all aspects, particularly combating climate change, transitioning to a circular economy, creating benefits for the environment and society, and equal opportunities, the Group has taken important steps to increase its contribution to the 2030 agenda set by the United Nations within the scope of its 2025 Sustainability Strategy.

With high production capacity industrial facilities, the employment it creates, export volume and social investments, and significant contributions to the Turkish economy, Kibar Holding keeps its pioneering role with its activities on sustainability. In 2019, based on the principles, targets and objectives of the United Nations Global Compact and the Global Reporting Initiative standards establishing the 'Kibar Group 2025 Sustainability Strategy,' the Group has been continuing its activities with confident steps within the scope of the road map to contribute to the "169 targets" that the United Nations intends to accomplish by 2030.

Kayabaşı: "Our resposibility to our planet increases every year."

Stating that they adopted the principle of acting by considering the needs of future generations in all its activities as a principle, Kibar Holding CEO and Sustainability Committee Chairman Haluk Kayabaşı said "As you know, We experience a dynamic process of transition to carbon neutral economy. During this process, the responsibility of each player is increasing day by day. Every year, with consciousness and awareness, we undertake more and more responsibility both to perpetuate our contribution to our country's economy and to contribute to the future of our world. We present to all of our stakeholders our economic, environmental and social performance within the framework of our principles of transparency and accountability. Prepared in accordance with international standards, in our sustainability reports this year, we ensured that our relevant indicators were verified within the scope of the International Auditing and Assurance Standards and Assurance Audits on Greenhouse Gas Disclosures." Kayabaşı, who is also a member of the Board of Directors of the UN Global Compact Turkey and a member of the Advisory Board of the Istanbul International Center for Private Sector and Development (IICPSD), which was established under the leadership of the United Nations Development Program (UNDP), added that as Kibar Group, which exports nearly 3 billion dollars to more than 100 countries on 5 continents in the last two years alone, they have implemented 18 new projects that will contribute to combating climate change and contributing to the circular economy.

In 2021, neutralizing its emissions from electricity consumption at Assan Alüminyum, one of its energy-intensive companies, the Group has reduced its greenhouse gas emission intensity by 39.3% and water intensity by 46.5% on a revenue basis. Launched in 2018, the Waste Water Recovery Facility investment in Asım Kibar Organized Industrial Zone allowed the recycling of nearly 500 thousand cubic meters of water every year. While Kibar Group increased the amount of recycled and reused raw materials by 50% in the last six years, it also successfully increased the percentage of recovered waste to 99.3%. As part of its biodiversity conservation strategy, the Group has saved an endangered plant to the ecosystem and continues to work on another plant.

As a signatory of the Women's Empowerment Principles (WEPs), in the last six years, the Group has implemented practices that support and strengthen women's employment, increasing the number of female employees by 39% and the ratio of female senior executives by 44%. The Group supported many solidarity campaigns for the benefit of society with social responsibility projects.

Work continues for the "36 Targets"

Among the "36 Targets" that Kibar Group plans to accomplish until 2025 in the field of sustainability are; achieving economic growth within the framework of sustainability principles, increasing the number of female employees and the percentage of female senior managers, increasing professional development and participation, completing digital transformation in all companies, maintaining product and service quality in the highest standards, and implementing clean and environment-friendly technologies and processes. The Group also continues to work resolutely in the light of concrete targets such as ensuring sustainable management and efficient use of natural resources, increasing contribution to efforts in combating climate change, increasing recycling and reuse, building global collaborations, ensuring that stakeholders adopt the principles and objectives of sustainable development, and increasing efforts for social responsibility projects.