Corporate sustainability is handled as a management paradigm in Kibar Group. The understanding of sustainable management includes the integration of economic, environmental and social factors with corporate governance principles and their consideration and effective management in all applications, activities and decision mechanisms. Full integration of sustainability into corporate governance requires the development of a sustainability strategy.
In this context, “Kibar Group’s Sustainability Strategy 2025” was prepared based on the principles, goals and objectives of the United Nations Global Compact and the Standards of the Global Reporting Initiative. The 2025 strategy is defined by “The Sustainability Principles of the Kibar Group” and tailored by Group’s sustainability priorities.
Analyzes were made to determine the contribution of Kibar Group to the 169 targets that the UN Global Compact plans to achieve by 2030. Within the scope of sustainability priorities determined by studies with high participation 36 goals have been set. Performance indicators for “Targets for 2025” were defined and the realizations for 2019, 2020 and 2021 year were reported.
The “Kibar Group 2025 Sustainability Strategy” has been revised as a result of the removal of Assan Foods from Kibar Group’s company portfolio in 2021. The targets “Target Y2. To create sustainable food production systems. To implement agricultural practices that increase production, help protect ecosystems, and improve soil quality,” “Target O2. To reduce food waste in the production and supply chain,” “Target O5. To increase the amount of water recycled or reused by 35 percent,” and “Target P1. To systematically train small-scale food producers on good agricultural practices to help them increase their income,” which were set for the said company and the food industry and included in the Sustainability Reports for 2019 and 2020, have been removed from the strategy.
The “36 Targets” that Kibar Group aims to achieve by 2025 in the field of sustainability include concrete targets such as achieving economic growth in line with sustainability principles, increasing the number of female employees and the share of women in senior management roles, improving professional development and engagement, completing the digital transformation of all companies, maintaining the highest product and service quality, implementing clean and eco-friendly technologies and processes, ensuring the sustainable management and efficient use of natural resources, increasing the contribution to the efforts to combat climate change, increasing recycling and reuse, forming global partnerships, ensuring the adoption of sustainable development principles and goals by stakeholders, and increasing social responsibility projects.
“92 Key Performance Indicators” have been identified to monitor the progress towards achieving the “Targets for 2025,” achieve the targets, and announce the results transparently. The Group’s sustainability performance is measured using these indicators and recorded every year. The results achieved in 2021 are listed below.
Click here to view the 2019 realizations of performance indicators for the 2025 Goals.
Click here to view the 2020 realizations of performance indicators for the 2025 Goals.