NEWS

Ülker Secures First Place Internationally…

Türkiye's leading food company, Ülker, attained a significant milestone, clinching the top spot globally in its category for environmental, social, and governance (ESG) performance. Among the 108 companies spanning all sectors listed on Borsa Istanbul, Ülker emerged as the leader.

Having dedicated years to operational excellence and sustainability, Ülker continually adds new triumphs to its national and international accolades in these fields. In the evaluation of Environmental, Social, and Governance (ESG) performance conducted by the London Stock Exchange Group (LSEG), an esteemed international financial analysis and reporting organization, Ülker achieved noteworthy success. 

As of January 2024*, Ülker stands atop the global rankings in its category for environmental, social, and governance (ESG) performance.

Ülker also claimed the top position among the 108 companies representing diverse sectors on Borsa Istanbul. Companies underwent scrutiny based on over a hundred criteria, including energy usage, water management, emissions, waste management, human rights, workforce, corporate social responsibility, supply chain practices, responsible production, and shareholder management.

Emphasizing that Ülker positioned sustainability as the most pivotal pillar of its corporate culture, CEO Mete Buyurgan said:

 Achieving significant success in ESG standards is not merely a goal for our company; it is also a journey that shapes our purpose and transforms us in line with our priorities... We are not only reducing our environmental impact, but also redefining our impact on the world. This achievement marks a crucial milestone in our commitment to sustainability for our stakeholders. Recognition for our environmental, social, and management performance extends across national and international platforms. As of January 2024*, Ülker stands at the pinnacle, securing the 1st position globally among over 450 evaluated companies in our category, with the highest ESG performance. In a comprehensive assessment of all sectors listed on Borsa Istanbul, Ülker also emerged as the leader among 108 companies.  We are elated by the tremendous success achieved both globally and in Türkiye.  Sustainability is at the core of our business practices. Aligned with the European Union Green Deal, we aspire to procure 100% of our electricity from renewable sources by 2030 and achieve net zero by reducing all carbon emissions by 2050.

We prioritize a sustainable supply chain for raw materials, focusing on dedicated projects for wheat, hazelnuts, and cocoa. By discerning consumer demands and needs, we actively diversify portions and innovate in the development of new products. Our goal is to foster a happy and productive work culture that champions diversity and inclusion. Concurrently, in pursuit of these objectives, we have intensified our efforts by adopting global standards in our governance and social policies. The current milestone and being recognized at the very top internationally serve as powerful motivators in our ongoing sustainability journey.

Ensuring a livable world for future generations necessitates comprehensive efforts in all aspects of life, particularly in practices, approaches, and initiatives that embrace sustainability – especially responsible production and consumption. At Ülker, we remain committed to contributing to this vision with each progressive step.”

*According to the evaluation by LSEG (London Stock Exchange Group) on January 8-15…

https://www.lseg.com/content/dam/data-analytics/en_us/documents/methodology/lseg-esg-scores-methodology.pdf

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