Our Nature Agenda
As Sabancı Holding, we recognize the critical role of nature in shaping our sustainable future. Our commitment extends beyond the conventional approach; we aspire to be leaders in championing a Nature-Based approach. By setting ambitious goals to promote biodiversity, conservation, and even regeneration, and to foster circular business models, our aim is to pave the way for a more harmonious relationship between business and nature.
In this regard, our efforts have expanded from decarbonization to a comprehensive nature program, employing both an outside-in and inside-out approach in line with the double materiality approach. The Nature Agenda at Sabancı Holding includes our dedicated efforts in four main areas: Decarbonization Initiatives, Water Management, Biodiversity, and Circular Economy.
Decarbonization Initiatives
Aligned with our strategic framework, Sabancı Group has formulated a comprehensive decarbonization strategy to mitigate potential risks and achieve the 1.5°C goal. Initiating this journey in 2021, we have strengthened our commitment by setting interim GHG (Greenhouse Gas) emissions reduction targets within the scope of our Nature Agenda in 2023
Sabancı Group aims to reach its decarbonization targets through a variety of technological levers and strategic initiatives including renewable electricity use, grid modernization, alternative raw materials and fuel use, process changes, and optimization of products and networks in carbon-intensive sectors
- Of the 11 Sabancı Group companies reporting to the CDP Climate Change Program, 9 rose to the leadership level with A or A- scores. Accordingly, the number of Sabancı Group companies reporting to CDP and at the leadership level tripled compared to last year whereas Sabancı Holding, Temsa, Brisa included in Global A list while Akçansa, Carrefoursa, Enerjisa Üretim, Enerjisa Enerji, Kordsa, and Teknosa, listed in leadership level with A- scores
- 100% of material technologies companies are aligned with the SBTi 1.5°C pathway
- 100% of mobility solutions companies are aligned with the SBTi 1.5°C pathway
- Akbank, a member of Net-Zero Banking Alliance, sets ambitious targets, aiming to become a Net Zero Bank by 2050.
Water Management
At Sabancı Group, we see water as a fundamental natural capital for all sectors in which we operate alongside other stakeholders, including society at large. We are aware that water supply disruption will adversely affect all business processes and our societies. To mitigate potential risks associated with water scarcity and effectively manage this challenge, we initiated a comprehensive water project across the Group in 2023. With this project, our aim was to establish an alignment on key water-related definitions, calculation methodologies, and metrics across all Group companies in accordance with their respective sectors.
- Sabancı Holding is listed in CDP Water Security in the Leadership level with an A- score.• 5 out of 8 Sabancı Group companies reporting to the CDP Water Security Program listed among leadership level while Brisa, Carrefoursa and Enerjisa Enerji are on the Global A List whereas Kordsa and Sabancı Holding are among the Water Security Leaders with an A- score. In addition, our cement companies Çimsa and Akçansa have received B scores.
- 5 out of 8 Sabancı Group companies reporting to the CDP Water Security Program listed among leadership level while Brisa, Carrefoursa and Enerjisa Enerji are on the Global A List whereas Kordsa and Sabancı Holding are among the Water Security Leaders with an A- score. In addition, our cement companies Çimsa and Akçansa have received B scores.
Biodiversity
In 2023, Sabancı Group launched a comprehensive biodiversity project across the entire organization to address the risks involved and mitigate their potential impact. Recognizing that the journey to establish biodiversity targets is not a one-size-fits all approach, Group Companies have embarked on a customized process to align their operations with nature-related standards.
The project commenced with comprehensive training and alignment efforts to ensure that all employees in relevant departments understood the critical importance of biodiversity preservation.
Following this, prioritized Group Companies systematically identified priority areas and locations where their operations intersect with sensitive ecosystems in accordance with the Taskforce on Nature-related Financial Disclosures (TNFD) Guidance on the assessment of priority locations
Through this evaluation, we assessed the potential impacts and dependencies of our activities on biodiversity in relevant geographies providing us a clear understanding of the risks and opportunities associated with our operations.
Circular Economy
At Sabancı Holding, we are committed to strategically investing in a sustainable future strengthened by our circular economy framework. Recognizing the urgent need to address material scarcity, we focus on enhancing resource productivity across both our existing operations and new investments. Our goal is to minimize reliance on landfills and incineration, aiming for zero waste by 2050.
In 2023, Sabancı Holding and our Group companies have actively explored and implemented strategies to support the circular economy effectively, aiming for tangible and long-lasting impacts. We began by exploring circular opportunities within our industries, including material technologies and mobility solutions, energy sectors and other industries. Intensive workshops trained and encouraged our Group companies on developing circular strategies tailored to their specific industry requirements.