Sustainability Management

The purpose of the committee is to improve ESG practices at Tüpraş, ensure that these practices are rolled out and adopted throughout the company, to issue recommendations to the senior management and to measure and report performance and progress. The committee is chaired by the General Manager, while the Strategy and Sustainability Director is responsible for its coordination. The Committee consists of a total of 13 members, including the General Manager, Assistant General Managers, Refinery Managers, Strategy and Sustainability Director and Corporate Risk Director. Senior Management assumes the ultimate responsibility for the sustainability agenda and final decisions and for matters constituting a risk or an opportunity. Matters that are followed up and need to be decided upon are directly referred to the agenda of the Executive Committee and the Board of Directors via the General Manager. In addition to Tüpraş Senior Management, and heads of Internal Audit, Corporate Communications, R&D, Innovation, Environment, Legal Affairs, Energy, Process and Equipment Development, Financial Reporting, Cybersecurity, Investor Relations, Risk, Corporate Governance, Compliance, Human Rights and Governmental Affairs departments, the General Managers, Chief Financial Officers and Sustainability Managers of subsidiaries, namely Körfez Ulaştırma A.Ş., Ditaş, Entek and Tupras Trading Ltd. are invited to Tüpraş Sustainability Committee meetings besides the committee members. Invitations to all meetings to be held in the relevant activity year are submitted to the calendars of the members, invitees and SubWorking Groups at the onset of the year. Tüpraş Sustainability Committee held 4 meetings in 2024.

Tüpraş annually assesses the capacity, knowledge and experience of the persons and bodies involved in the management of climate and sustainability risks and opportunities according to their past work, educational background/certificates possessed, experience, conferences participated in as an attendee/panelist, national and international CSOs/Task Forces/Roundtable Meetings attended/represented. Training or external specialist support is provided and capacity is strengthened through provision of appropriate references and reports in the event that competencies are deemed to be inadequate. Members of the Board of Directors and Sustainability Committee include persons representing Türkiye in the CEO Action Group for the European Green Deal of the World Economic Forum, and/or featured as speakers in various Climate, Sustainability and Energy Summits, notably the World Economic Forum’s Davos Summit and the United Nations Climate Change Conference (Conference of the Parties commonly referred to as COP), where global issues such as energy transition and climate crisis are tackled.