Introduction

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Message from the CEO

Message from the CEO

We approach sustainability with an inclusive mindset, working with the principle of creating value for people and society.

Dear Stakeholders,

On the first anniversary of the devastating earthquakes of February 6th, which deeply affected all of us, we commemorate those we lost with profound sympathy. Through the social responsibility projects we have implemented, we continue to support the communities in the affected regions.

The year 2024 was one of adaptation to changing dynamics, embedding sustainability into the heart of our operations, and focusing on value creation. We carried out significant initiatives across a wide range of areas, from occupational health and safety to the circular economy, strategic partnerships, and community contributions.

This year, we increased our company’s sales revenue to TRY 21.6 billion and EBITDA to TRY 3.9 billion. Through our efforts, we reached cement and clinker sales of 7.3 million tons, ready-mix concrete production of 2.8 million cubic meters, and aggregate sales of 2.6 million tons, continuing our strong performance in the market.

Strengthenıng Our Partnershıps and Creatıng Value for the Future of Our Country

In 2024, we also enhanced our operations through national and international partnerships. Our agreement with ODAŞ, involving the supply of approximately 2 million tons of fly ash, stands as a key example of our commitment to the circular economy. Furthermore, we signed a significant agreement with Grimaldi Group to provide international Ro-Ro services under our Akçansa Port brand. We are proud to contribute to our country's export capacity and sustainable logistics transformation.

Beyond these collaborations, we remain dedicated to addressing climate change and preserving nature, while continuing our sustainability-driven efforts for a better future. Our Bursa Aggregates plant successfully completed its independent audit and was awarded the Platinum CSC certification from the Concrete Sustainability Council, making it one of only 12 plants worldwide to achieve this level.

Contınuıng Our Work wıth the 'Zero Accıdents, One Lıfe' Phılosophy

Our Samsun Ladik Plant achieved a significant milestone in 2024 by completing five years without any lost-time accidents. We remain steadfast in our commitment to occupational health and safety and will continue working with the 'Zero Accidents, One Life' philosophy in every aspect of our operations.

Maıntaınıng Steady Progress ın Our Sustaınabılıty Performance

In the 2024 CDP Climate Change Program assessment, we upheld our A- leadership score, maintaining our consistent progress. In addition, as the first Turkish cement company to sign the 'CEO Water Mandate' initiative under the UN Global Compact (UNGC), we have further demonstrated our commitment to water management. In the Marmara Islands Artificial Reef Project, launched last year, we issued the first monitoring report. Our project, awarded in the sustainability category at Sabancı Holding’s 2024 Golden Collar Awards, will continue to contribute to biodiversity protection and marine life.

In all areas of our business, we take responsibility for ensuring a sustainable future and are dedicated to creating a more livable world for future generations. As a result of this approach, we proudly achieved 84th place in the Istanbul Chamber of Industry's (ISO) 2023 'Türkiye’s 500 Largest Industrial Enterprises' survey, joining the top 100 industrial companies in the country. I would like to express my heartfelt thanks to all our stakeholders, especially Akçansa employees, who have supported us on this journey.

Yours sincerely,

Vecih Yılmaz
CEO, Akçansa

Contact

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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.