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Dear Stakeholders,
As Borusan Holding, we continue to share We are aware that our business decisions
our sustainability performance with our have social and environmental impacts and
stakeholders through our reports since pay special attention to the risks associ-
2009. We are glad to share with you our ated with global warming. Therefore, we
[message from seventh sustainability report that we pre- conduct studies to reduce the impacts of
pared based on the new GRI Reporting
our operations on climate change. In this
Standards. regard, we try to develop more energy ef-
group CEO] Today, with over 8,000 employees in 3 con- ficient processes in operations, save natu-
ral resources, and offer products that con-
tinents and 10 countries, we aim to sustain sume less energy.
our business with a transparent and ac-
countable management approach, respect We continue to strive towards the goals in
people and environment. our strategic plans with the essential aids
of our main three main enablers; innova-
Our consolidated group revenue in 2016 tion, digitalization and R&D initiatives.
was USD 4.3 billion, and operational profit
— Today, was USD 394 million. We continued to en- Our innovation journey gained pace with
the maturing startup companies and new
gage in many efficiency and saving oriented
with over 8,000 employees in 3 innovative projects and investments in our products and services added in our port-
companies. We aimed to manage these ef-
folio. With the investments approximately
continents and 10 countries, we aim to forts with a wide sustainability perspective amounting to USD 20 million every year,
considering their economic, social, envi-
our five start-up companies already set up
sustain our business with a transparent ronmental and corporate impacts. In 2016, on innovation field considerably increased
their business volume in 2016. 6 new prod-
the Group’s investments amounted to USD
and accountable management approach, 204 million which was mainly accounted ucts in the flat steel sector created USD 10
million in returns in their first year. Despite
by the investments we made in our energy
respect people and environment. — business. difficult market conditions, we will contin-
AGAH UĞUR
GROUP CEO
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