A signatory to the United Nations Global Compact since 2006, Borusan embarked on its sustainability journey under the motto, “This Planet is our Home.” Since 2008, the Holding has reported its sustainability performance regularly on an annual basis. Striving to generate benefits for the Earth through environmental, R&D, innovation, and digitalization investments, the Holding also performs activities towards Sustainable Development Goals with investments in employees and society. In the 2020 operating period, Borusan Holding has focused on the development of sustainability strategies at its companies so as to unite sustainability efforts under a single roof and manage them strategically. Priority issues for Borusan Holding companies that will be beneficial in the short- and mediumterm have been consolidated and therefore contributed to the sustainability strategy of the Holding. In coordination with Borusan Holding, Group companies set sustainability targets by 2030 and carried out activities towards these targets.

The Human, the Climate, and Innovation are the pillars of sustainability at Borusan Holding. All sustainability-related matters are built on the priorities of Group companies and provide an inclusive perspective on the path to designing business models fit for the future.

SUSTAINABILITY APPROACH
Borusan Holding defines its sustainability approach from a holistic perspective based on the efforts of the Holding Sustainability Committee and Sustainability teams under Group companies and offers its companies opportunities to generate environmental and social benefit. In the 2020 operating period, Borusan companies carried out studies to formulate a sustainability strategy; as a result, the priority areas for each company were determined and long-term targets were set. This is how the Holding paves the way for progress, not only in terms of commitments or discourse but also of execution and performance. Therefore, Borusan Holding’s sustainability approach involves fusing the priorities of Group companies within a broader framework in a manner that affects stakeholders, business partners, and society. Borusan Holding considers sustainability to be a process of creating lasting value rather than business continuity and sustainable profitability. Determining high-level indicators, the Holding plays a steering role for Group companies and paves the way for addedvalue business models. Sustainability teams of experts in their respective fields and representatives of relevant functions were formed at Borusan companies in order to run and monitor this process. The leader of each team is charged with communicating and informing the executive committees of the companies. Executive committees act as an approval body to make critical decisions on sustainability. Meanwhile, the Borusan Holding Sustainability Committee and the secretariat are responsible for communication and connection between the companies and the Holding, and stepping in to provide direction to the companies as necessary.

The highest priority under Borusan Holding’s human focus is to create a safe working environment and social benefit. Employees are the most valuable asset of the Holding, which considers them as indispensable actors in creating healthy and safe working environments. In addition to a healthy and safe working environment, the Holding addresses employees’ well-being and competency development, and facilitates their adaptation to a changing business world under its focus on “the future of work.” On its path to becoming a beneficial company, which is a core value for Borusan, the Holding strives to improve well-being through education, culture, and the arts, while running activities that demonstrate its sensitivity for gender equality via the Equal Borusan Platform. The aim is to create a world where gender equality is attained, and women and men stand together and are treated equally. Borusan Academy carries out development programs to ensure the sustainability of talents. In addition, the Holding’s priorities include contributing to and creating benefits for local communities through social investments, and generating value for all stakeholders. In terms of innovation, the aim is to create added value through innovative products and services as well as business models for the future and innovation for sustainability. Tapping into the facilitating role of digitalization, making a difference for each and every stakeholder that Borusan touches, and assessing operations from this standpoint constitute the key elements of the sustainability approach.

The Human, the Climate, and Innovation are the pillars of sustainability at Borusan Holding. All sustainability-related matters are built on the priorities of Group companies and provide an inclusive perspective on the path to designing business models fit for the future.

In terms of climate change, efforts are expended to prevent greenhouse gas emissions in particular and decarbonize business models. Minimizing – or even eliminating – the environmental impact of operations, and achieving this together with the entire value chain, is among the key objectives. To create an environmental benefit, it is necessary to introduce circular solutions and move beyond the industry’s established norms.

Since 2009, Borusan Group has released sustainability reports whereby it updates stakeholders on the economic, social, and environmental impact resulting from its services and operations, and how it tackles these impacts. While setting strategic sustainability priorities in alignment with the Holding’s sustainability strategy, Borusan Yatırım takes GRI Principles and 2030 UN Sustainability Development Goals into account.

Borusan Holding conducts all activities based on the transparency, fairness, responsibility, and accountability principles of corporate governance. The Holding has effective and transparent communications with internal and external stakeholders and considers their expectations in its actions