Tüpraş Released its Sustainability Report

Tüpraş has published its 2017-2018 Sustainability Report, sharing insights into its social, economic, and environmental impacts, as well as its focus on innovation and digitalization, and its corporate management approach. İbrahim Yelmenoğlu, General Manager of Tüpraş, emphasized the company's commitment to sustainability and its significant progress in various aspects over the past decade.

Yelmenoğlu stated, "We have determined sustainability as one of the main elements of our business model. We keep sustainability at the forefront in all our operations, from investment decisions to processes. Since the launch of our first report in 2008, we have significantly improved our social, environmental, and economic performance as part of our sustainability management program."

Tüpraş, Turkey's largest company, has consistently maintained its leadership in sustainability management. In 2008, the company set a benchmark in Turkey by presenting a model project in transparency and accountability with its sustainability report, prepared in compliance with the GRI (Global Reporting Initiative) Standards. The report provides a comprehensive overview of Tüpraş's sustainability efforts from January 1, 2017, to December 31, 2018, reflecting the results of projects implemented since 2008.

Yelmenoğlu highlighted the need for a comprehensive, innovative, and sustainable development model, given the significant changes in business and individual lives driven by factors such as population growth, climate change, and emerging technologies. He stressed the importance of collaboration among stakeholders, particularly businesses, public entities, and non-governmental organizations, to achieve improved living standards for future generations.

Regarding Tüpraş's proactive stance in addressing these challenges, Yelmenoğlu said, "We have determined sustainability as one of the main elements of our business model. We keep sustainability at the forefront in all our operations from investment decisions to processes. Since the launch of our first report in 2008, we have significantly improved our social, environmental, and economic performance as part of our sustainability management program."

Yelmenoğlu further noted Tüpraş's commitment to environmental performance, with a focus on combating climate change. The company has made substantial strides, including reducing energy consumption intensity and increasing water recycling. Between 2008 and 2018, energy intensity decreased from 119.1 to 99.1, while recycled water usage increased by 73% in 2018 compared to 2008. Additionally, Tüpraş initiated reforestation projects, planting approximately 160,000 saplings, which helped reduce greenhouse gas emissions by 60,000 tons per year over the last decade.

In the realm of social impact, Tüpraş has made significant efforts to enhance gender equality, occupational health and safety, employee development, and social investments. The company has consistently encouraged women's employment and increased the number of female employees by 75%. Tüpraş has also provided extensive training, with 2.7 million person-hours dedicated to employee development and nearly 1 million person-hours for occupational health and safety training. Moreover, the company has invested 205.2 million TL in social responsibility projects, donations, and sponsorships.

From an economic perspective, Tüpraş contributes directly to the Turkish economy through its products, tax revenues, and financial performance. The company's focus on R&D, innovation, and digitalization aims to secure energy requirements for future generations. Tüpraş has invested 286.5 million TL in R&D projects and achieved numerous scientific publications and patent registrations through its R&D Center. Additionally, the company supports the local economy by procuring 63% of its total expenditures locally, amounting to 9.4 billion TL for crude oil extraction and related services.

For further details, you can access the Tüpraş Sustainability Report 2017-2018.