Having established its first company in 1976, Akfen Holding, one of Turkey’s top infrastructure investment holdings, operates in renewable energy, construction, port operations, marine transport, real estate, tourism, mining, and waste water services industries.
Purpose
Akfen Holding is committed to generating value for all people and protecting our ecosystem through sustainable and inclusive economic development. Our company, in collaboration with the Council for Inclusive Capitalism, actively engages in generating environmentally friendly wellbeing in the world in order to build more inclusive, economic, and trustworthy socio-economic systems for now and the future.
Pelin Akin Özalp
We believe it is vital to state clearly to the world the set of our beliefs about Inclusive Capitalism. As such, we start with our Statement of Guiding Principles for Inclusive Capitalism. Knowing that words alone are not enough, each of us is making a series of commitments about how we will operate our institutions so that they help achieve Inclusive Capitalism. These commitments are forward-looking statements based on current goals, expectations and assumptions, which are not guarantees of future performance. For more information, please refer to our Terms of Use
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Principles of Governance
Prosperity
Summary
Akfen Holding’s portfolio will consist of 100% renewable energy by 2024
Activities & Initiatives
Our company will not add any coal or other non-renewable energy sources to its portfolio
Measures & Targets
Akfen Holding will measure progress by tracking percent of energy sourced from renewable sources with a goal of reaching 100%.
Summary
Akfen Holding has committed to increasing its renewable energy portfolio by 2024.
Activities & Initiatives
We are currently conducting research and planning for sustainable energy generation investments.
Measures & Targets
Akfen Holding will measure progress by reviewing research and planning conducted.
Summary
The holding has committed not to invest near Natural World Heritage Sites by 2024.
Activities & Initiatives
The Managing Board will strictly avoid conducting any activities within the limits of natural world heritage sites.
Measures & Targets
The company has committed to not invest within the limits of natural world heritage sites.
Summary
The holding has committed to carrying out research and planning to reduce carbon emissions in its operations by 2024.
Activities & Initiatives
The holding has committed to conducting research and planning with the aim to reduce its carbon emissions.
Measures & Targets
The holding will be establishing its baseline Scope 1 carbon emissions data set and publish a strategy with the aim to reduce our carbon footprint.
Summary
Akfen Holding commits to providing free and high-quality technical education for people regardless of their religion, gender, and socio-economic backgrounds by 2024.
Activities & Initiatives
Our company has committed to open up opportunities for at least 20 university students who struggle to take advantage of opportunities for their own personal, cultural, and professional growth.
Measures & Targets
Akfen Holding will measure progress by tracking the number of inclusion programs aimed at boosting diversity with a goal of reaching 20.
Summary
The corporation will promote sustainable consumption to its employees by increasing information and awareness by 2024.
Activities & Initiatives
The corporation has committed to place recycling information near bins, creating awareness of water shortages figures (bathroom, kitchen sink, etc.), and tracking and reducing electricity consumption.
Measures & Targets
Whether our company has fulfilled above detailed actions at our premises or not.
Summary
Our Company has committed to planting 125 native trees, with the goal of sequestering carbon dioxide.
Activities & Initiatives
Our Company will have its own employees plant the trees.
Measures & Targets
Our Company has committed to planting 125 native trees by 2024.
Summary
Our company has committed to reducing and/or financially supporting the reduction of plastic waste by supporting a climate action project by 2024.
Activities & Initiatives
Our company will reduce and/or financially support the reduction of plastic waste by supporting a climate action project.
Measures & Targets
Whether our company has reached its target of providing financial support to a climate action project.
Summary
Akfen Holding will publish its initial sustainability report by 2024.
Activities & Initiatives
The Akfen Holding has committed to publish the sustainability report to track and measure its own climate change responses and policies.
Measures & Targets
The corporation has committed to publish a full-fledged sustainability report disclosing progress based on pre-set baselines, and measurements.
Summary
Our company will prepare the Group's Sustainability Policy Guidelines and establish the Sustainability Committee by 2024.
Activities & Initiatives
The Akfen Holding will prepare the Group’s Sustainability Policy Guidelines and establish the Sustainability Committee to track and measure its own climate response policies and projects.
Measures & Targets
Whether the company has prepared the Group’s Sustainability Policy Guideline and established the Sustainability Committee.
Summary
Akfen Holding has committed to support the public schools by impacting 1000 students by 2024.
Activities & Initiatives
The corporation has committed to financially assisting three public schools in accordance with their needs.
Measures & Targets
Akfen Holding will measure progress by tracking the number of students positively impacted with a goal of reaching 1000 people.
Summary
Akfen Holding is committed to promote and improve gender equality, reduced inequalities, and transparent work processes by establishing measurable goals by 2024.
Activities & Initiatives
Our company will establish measurable goals with a baseline for women’s empowerment with the goal of reducing gender inequity and increasing the percentage of women’s participation across divisions and management.
Measures & Targets
Establishment of measurable goals with a baseline for women’s empowerment and increasing the percentage of women’s participation
Summary
Akfen Holding will provide sustainability/climate action training to all its employees by 2024.
Activities & Initiatives
Our company has committed to providing a training module, including sessions focusing on sustainability, climate change, and corporate climate adaptation for its employees.
Measures & Targets
Akfen Holding will measure progress by tracking the average hours of training and development per full time employee with a goal of reaching overall 300 hours.
Sign up your company
Recognizing it will take alignment of all our organizations to scale impact globally, we invite you to join the movement as a Steward of Inclusive Capitalism. Together, the collective action of Council members will contribute to a fairer, more inclusive and sustainable future for all people and our planet.
