Sustainability

Seamless energy flow for a greener future is our core commitment.

Drawing strength from its deep-rooted history, core values of Human, Trust, and Passion, and an unwavering drive for customer-focused investment and growth, Borsan advances its journey as a global brand with determination and confidence. Sustainability, increasingly vital in global value chains, is an inseparable part of our integrated management system, and we place it at the very heart of our business.

Our sustainability strategies are centered on amplifying the positive impact of our company and operations on the environment, economy, and society. Guided by our goal of contributing to a livable future and a higher quality of life, we prioritize creating value for our customers and society while ensuring the optimal use of existing resources.

In shaping our sustainability strategies, we consider the specific challenges and opportunities unique to our sector, alongside national requirements and global trends. This comprehensive analysis enables us to evaluate our current position while anticipating future risks and opportunities, allowing us to take stronger, more decisive steps. Our ambition is to create lasting value for all, demonstrating sectoral leadership through the integration of environmental responsibility into every aspect of our business.

The main pillars of Our Sustainability Vision are built on three fundamental commitments:

•    Reducing our environmental impact,
•    Strengthening respect for human rights,
•    Prioritizing transparency in our business processes,

Supporting social development through social responsibility projects and ensuring equal opportunities for our employees remain among our core goals. By embracing the principles of diversity, equity, and inclusion, we strive to foster a fairer and more inclusive working environment for everyone. Moreover, we see contributing to the local economy and strengthening societal ties as essential responsibilities.

Our Sustainability Committee leads the charge in our efforts by joining forces with our employees and stakeholders. Together, we are making transformative and measurable progress in areas such as combating the climate crisis, fostering the circular economy, upholding ethical values, and promoting human rights. Guided by our sustainability strategy and objectives, we are committed to overcoming today’s challenges and laying the foundation for a resilient and prosperous tomorrow.

Our Sustainability Reports

• 2024 Reporting Period
  o ISO 14064-1:2018 Greenhouse Gas (GHG) Emissions Inventory Report – 2023
  o  ISO 14046 Water Footprint Inventory Report – 2023
  o  Borsan Kablo Sustainability Report – 2023
  
  
• 2024 Reporting Period
  o ISO 14046 Water Footprint Inventory Report – 2024

Borsan Sustainability Committee

The Borsan Sustainability Committee is designed to drive compliance with national and international sustainability standards while fostering innovative solutions for future challenges. Embracing a strategic operative perspective, the committee addresses Borsan's Sustainability Materiality Topics with a strategic perspective, considering the company’s current position and global megatrends in its activities.

Under the leadership of Borsan CEO, the Sustainability Committee serves as the driving force in defining and implementing Borsan’s strategic sustainability goals. Within the committee, the Sustainability Management Team leads the organization’s transformation across environmental, social, and governance (ESG) domains, ensuring the seamless execution of strategic decisions.

This structure plays a critical role in embedding sustainability principles into our business strategies while providing effective leadership in ESG areas. The Sustainability Committee steers the company’s transformation toward a future-ready and sustainable business model through innovative projects and tangible actions. With its visionary approach, it supports Borsan Cable in achieving its sustainability objectives.

2023: A Solid Start 

The year 2023 marked a pivotal period in which we redefined and deepened our sustainability strategies. During this transformative process, our Sustainability Committee elevated strategic priorities to the Board of Directors, enabling critical decision-making at the highest level. As part of our efforts to align with national and international reporting standards, we restructured all reporting processes to meet current requirements.

Simultaneously, we conducted a comprehensive analysis involving the participation of all internal and external stakeholders to identify our sustainability priorities across the company. This analysis clarified the critical issues we need to focus on and helped us define our strategic goals. To measure and manage progress toward these goals, we established key performance indicators (KPIs) and implemented monitoring mechanisms to ensure regular oversight.

100% Renewable Energy Transition

One of our most significant achievements in 2023 was our transition to 100% renewable energy, a core focus of our sustainability initiatives. Beyond providing a direct solution to energy costs, we prioritized 100% renewable energy and energy efficiency as critical components of our commitment to achieving a net zero-carbon footprint.

Our green energy investments in 2023 totaled approximately 10 million USD;
 
•  We completed and initiated production at our 3.2 MW rooftop solar power plant, and
•  Additionally, our 10 MW solar field in Çorum began operations in 2024.

With these investments, by 2024, our 40th anniversary, we not only achieved 100% renewable energy consumption but also reached an installed capacity of 13.2 MW, cementing our role as a pioneer in sustainable energy solutions and corporate responsibility.

Stakeholder Engagement and Sustainability Materiality

At the heart of our sustainability approach lies a commitment to robust stakeholder engagement and an inclusive management philosophy. We foster a culture of collaboration across a broad spectrum of stakeholders, including employees, customers, suppliers, and the wider community. Stakeholder insights are evaluated in alignment with our strategic goals, supported by proactive and transparent communication.

Our sustainability journey is driven by our ability to create innovative solutions and seamlessly integrate them into our business processes. Data-driven decision-making reinforces our strategies, while effective use of technology enhances process efficiency. Innovation and digitalization are central to our sustainability priorities, supporting our commitment to sustainable development.

To identify our key material topics, we gathered feedback across 23 main themes, involving extensive participation from both internal and external stakeholders. This included employees, customers, suppliers, university-industry collaborations, media organizations, insurance companies, and other critical partners. Over 6-8 weeks, we collected insights through online surveys from 123 internal stakeholders and 40 external organizations. This comprehensive effort not only aligned our sustainability priorities with stakeholder insights but also laid the groundwork for a resilient and forward-looking sustainability strategy.