Introduction
I
About the Report
At Akçansa, we take ownership responsibility in every aspect of our business for a sustainable world. In this report, shaped around the theme "Dünya Varmış" (A World Worth Living), we present our value-driven approach across a broad spectrum—from good governance to a sustainable future, from climate change to circular economy and innovation.
A reflection of this commitment is the Marmara Islands Artificial Reef Project, which supports marine ecosystems and contributes to the preservation of biodiversity. Supported by the Akçansa Underwater Community, this project exemplifies our dedication to adding value to nature.
Our sustainability vision extends beyond environmental efforts; we also see our employees as integral to this journey. Through our Communication Meetings, held across different locations under the "A World Worth Living" concept, we engage all stakeholders in embracing our sustainability-focused efforts.
With projects that benefit both nature and society, we are committed to building a sustainable future. As we move forward with the motto "A World Worth Living", we take responsibility in every aspect of our work, striving to create a more livable world for future generations.
Compliance and Regulations
The Akçansa 2024 Integrated Annual Report has been developed in accordance with the minimum reporting requirements set by the Capital Markets Board (CMB). This report adheres to the Turkish Sustainability Reporting Standards (TSRS), the Integrated Reporting Framework of the Value Reporting Foundation, and the Global Reporting Initiative (GRI) 2021 Standards.
Moreover, the company’s environmental, social, and governance (ESG) performance is shared transparently with stakeholders, reflecting progress toward Akçansa’s sustainability objectives. The report also includes key outcomes related to the company’s initiatives aligned with the United Nations Sustainable Development Goals (UN SDGs) and the Women’s Empowerment Principles (WEPs).
Alignment with European Sustainability Reporting Standards (ESRS)
ESRS, developed by the European Commission, serves as a comprehensive framework for companies to report their ESG performance in a more transparent, consistent, and comparable manner.
These standards mandate that all companies meeting the defined thresholds analyze the impacts and risks associated with their operations. The principle of double materiality underpins the ESRS, requiring companies to evaluate the effects of their activities both from an internal and external perspective.
In accordance with these requirements, the Akçansa Integrated Annual Report has been prepared for the first time this year, utilizing the European Sustainability Reporting Standards (ESRS) as a guiding framework, with due consideration given to the highest compliance standards.
Reporting Period and Scope
This report covers the period from January 1, 2024, to December 31, 2024, and reflects Akçansa's operations across Türkiye in the cement, ready-mix concrete, port, and aggregate sectors under the Akçansa, Akçansa Cement, Agregasa, and Betonsa brands.
Cement plants: 3 plants nationwide
Ready-mix concrete plants: 26 plants under the Betonsa brand
Aggregate plants: 3 plants under the Agregasa brand
Ports and Terminals: 4 ports / terminals
The data presented in this report has been collected and analyzed through specialized forms tailored to monitor the company’s sustainability performance effectively.
Corporate Structure and Governance
Akçansa's governance framework is aligned with the Turkish Commercial Code and corporate governance principles, emphasizing transparency, accountability, and fairness. The Board of Directors plays a pivotal role in making strategic decisions and setting sustainability goals for the company.
Sustainability is at the heart of Akçansa’s strategic priorities. The sustainability strategy is led by the CEO, supported by the Board of Directors, and communicated throughout the company by the Sustainability Committee and the Sustainability Directorate. Environmental, social, and governance (ESG) performance is continuously monitored and reported.
Akçansa’s operations are guided by ethical principles, compliance policies, and sustainability standards. We are committed to implementing responsible business practices for all our employees and stakeholders.
Methodology and Approach
Akçansa’s sustainability strategy focuses on the effective management of risks and opportunities in environmental, social, and governance areas. This year, the report has been shaped within the framework of double materiality analysis, with Akçansa’s sustainability priorities determined through the feedback of stakeholders. Additionally, the report adopts internationally recognized data collection methodologies, with calculation methods provided in detail in relevant sections to ensure transparency and comparability.
Audit and Verification
The financial and non-financial data presented in this report have been audited and verified by independent third-party auditors. The findings of these audits can be found in the "Appendices" section.
Contact
We are committed to continuously improving our sustainability initiatives and highly value the feedback we receive from our stakeholders.
For any comments, questions, or suggestions regarding this report or our sustainability efforts, please feel free to reach out to us at sustainability@akcansa.com.tr.
Legal Disclaimer
Akçansa 2024 Integrated Annual Report (‘Report’) has been prepared by Akçansa Çimento Sanayi ve Ticaret A.Ş. (‘Akçansa’). The scenario analyses aligned with TSRS, the financial materiality studies, and all assessments related to physical and transition risks stemming from climate change—prepared by Akçansa—are based on the company's data, calculations, expert opinions, and compliance with national and international standards. Akçansa Çimento Sanayi ve Ticaret A.Ş. shall not be held responsible for any losses or damages that may arise should third parties or entities rely on these assumptions.