PRIORITY

3

SUSTAINABILITY

STRATEGY

Our Business and
Principles

Our People and
Community

Our Planet

OUR STRATEGY

Operating in diverse sectors such as engineering and construction, energy, real estate and trade, and in many different geographies, ENKA has made a commitment to serve sustainable development in all its operations.

ENKA adopts a corporate sustainability approach that recognizes its economic, environmental and social responsibilities towards its internal and external stakeholders. The ENKA Sustainability Strategy, which was developed through intensive stakeholder dialogue, is kept up to date by the Sustainability and Compliance Department and the ENKA Sustainability Committee, which includes representatives from different subsidiaries and departments within the organization and meets regularly.

OUR BUSINESS AND PRINCIPLES

ENKA,

  • Maintains an Ethics & Compliance Program to ensure open, honest and transparent communication with all stakeholders in accordance with applicable national & international laws and regulations, as well as company values and industry standards.

  • Adopts an integrated risk management approach covering its financial and non-financial brand management and reputational risks, as well as environmental, social, economic, compliance and cyber security risks and opportunities, including sustainability and climate change.

  • Implements a comprehensive audit and control mechanisms to ensure compliance with legal requirements, ENKA procedures and policies, international standards and customer expectations.

  • Adopts customer-oriented business approach and enhances customer satisfaction with its work of high quality and on time services, products and projects.

  • As an investor and EPC/EPCC contractor, assesses the potential environmental and social impacts of its operations and develops plans to eliminate or avoid negative impacts, increase positive impacts and create community investment opportunities.

  • Combines its engineering expertise with cutting-edge applications to benefit both the international community and the engineering and construction industry.

  • Promotes sustainable business strategy throughout its value chain, raises awareness among its employees and across its suppliers and subcontractors via training opportunities and evaluates the environmental and social compliance of its suppliers and subcontractors.

  • Works to improve its R&D capabilities and accelerate innovation across the organisation to adapt and respond changing global conditions with best solutions benefiting both customers and society.

  • Strives to take part and to play a pioneering role in various initiatives, carried out for mutual learning and development, through its memberships of national and international associations, institutes, unions and industrial organizations, and participates in working groups as part of its efforts to work together with its stakeholders.

  • Develops business continuity and disaster recovery programs and keeps its crisis management strategy and structure sound and up to date.

OUR-BUSINESS-AND-PRINCIPLES

OUR PEOPLE & COMMUNITY

ENKA,

  • Respects human rights and assesses the human rights impacts of its investments and operations as part of its social impact assessment process.

  • Includes its stakeholders in the decision-making mechanisms of the company and provides transparent, effective, participatory and bidirectional communication channels in its relations with its stakeholders.

  • Strives to leave a positive legacy for society, considering the needs of the region and expectations of communities in which it operates and fosters the economic development of the host countries by creating local employment and local procurement opportunities.

  • Contributes to the welfare and development of local communities, disadvantaged groups and indigenous people through the infrastructure and superstructure projects and social investments and invests in education, sports, culture and arts.

  • Prioritizes the physical and mental health and safety of its employees and its subcontractors’ employees operating at ENKA’s premises or acting on behalf of ENKA.

  • Assesses potential health and safety impacts of its services and products and eliminates any potential adverse impacts.

  • Embraces equitable, diverse and inclusive culture and contributes to the personal and professional development of its people through equal training opportunities.

  • Aims to improve working environments and form more motivated & collaborative workforce by increasing employee loyalty through active employee engagement.

  • Supports the development of the architecture and engineering professions and also the growth of a responsible generation by spreading sustainability awareness among its employees and among its students through ENKA Schools.

OUR-PEOPLE-&-COMMUNITY

OUR PLANET

ENKA,

  • Assesses, measures and reports its environmental impacts and climate change risks and  develops plans and procedures to reduce them.

  • Commits to reach net zero emissions in its operations by 2050 and takes actions to reduce direct and indirect emissions from its projects, operations and supply chain.

  • As an investor and EPC/EPCC Contractor, offers and/or takes part in environment-friendly projects, solutions and products to partner its customers for the transition to a low carbon economy.

  • Strives to improve the energy performance and efficiency of its operations and invests in renewable energy.

  • Embeds a strategy for responsible sourcing and ensures resource efficiency while monitoring its own operations and its suppliers’ compliance.

  • Adopts a responsible water management approach, identifies risks related to water, uses site-specific strategies to minimize impact of water withdrawal, consumption and discharge on the quality and supply of water, reduces its water footprint and increases efficiency in its operations.

  • Implements a waste management approach by prioritizing elimination at its source and increasing reuse and recycling in its businesses and promoting circular practices in its supply chain.

  • Ensures protection and conservation of biologically diverse ecosystems by taking appropriate measures inline with its project-specific biodiversity action plans developed in accordance with impact assessments and baseline studies of flora & fauna.

  • Promotes afforestation and protection of the existing forests and adopts green office practices while providing environmental trainings to its employees and subcontractors to raise awareness.

OUR-PLANET

Connection between ENKA’s Sustainability Strategy and the UN Sustainable Development Goals

The Sustainable Development Goals, also known as the Global Agenda, were born at the United Nations Sustainable Development Conference held in Rio de Janeiro in 2012 and came into force in January 2016. The 17 sustainable development goals (SDGs) and the 167 sub-targets that were identified form a set of aims that are directed towards the urgent environmental, political and economic problems faced by the world.

ENKA is a signatory of the Global Compact and it intends to contribute to the UN Global Agenda through its sustainability strategy, the decisions it takes and the operations it carries out.

ENKA’s sustainability strategy is especially relevant to the SDGs listed below:

UNGC - ENKA İNŞAAT VE SANAYİ A.Ş.
UN - SUSTAINABLE DEVELOPMENT

ENKA is included in Dow Jones Sustainability Index

According to 2022 assessment results of the Dow Jones Sustainability Index (DJSI), which is the first index to be established as a global sustainability indicator for investors who integrate sustainability criteria into their investment portfolios and monitors the performance of the world’s leading companies in terms of environmental, social and economic (ESG), ENKA has been continued to be included in DJSI one of the world’s most prestigious sustainability and ESG indices.

ENKA is a Constituent of the FTSE4Good Index Series

FTSE Russell (the trading name of FTSE International Limited and Frank Russell Company) confirms that ENKA İnşaat has been independently assessed according to the FTSE4Good criteria, and has satisfied the requirements to become a constituent of the FTSE4Good Index Series.

The FTSE4Good indices are used by a wide variety of market participants to create and assess responsible investment funds and other products.

ENKA is included in Borsa Istanbul Sustainability Index

ENKA was entitled to be included in the BIST Sustainability Index, which lists companies with high environmental, social and governance performance, as of October 2019 with its corporate sustainability performance as a result of independent research company EIRIS’ annual evaluation based on international sustainability criteria such as climate change, biodiversity, anti-corruption and human rights.

 

Corporate Governance Rating

According to the evaluation made based on Capital Markets Board’s “Corporate Governance Principles” methodology, ENKA İnşaat ve Sanayi A.Ş. (ENKA) Corporate Governance Rating, which was determined as 9.18 on 4.11.2021, was confirmed as 9.28.

 

CDP (Carbon Disclosure Project ) Evaluation

The results of the Carbon Disclosure Project (CDP), which ENKA reported for the year 2017 for the first time in Climate Change and Water Security categories, were evaluated as “B-” in 2019. The results of the evaluation for the report of 2018 were announced in 2020 and the score of ENKA increased to “B”.

DJSI CSA ANNUAL REVIEW
DJSI INDEX COMPONENTS
FTSE4GOOD
FTSE4GOOD CERTIFICATE
BIST SUSTAINABILITY INDICES
BORSA İSTANBUL - DUYURULAR
CORPORATE GOVERNANCE RATING
CDP – ENKA İNŞAAT VE SANAYİ A.Ş.