At Sabancı Holding, we approach sustainability through a holistic lens and are committed to advancing a broader Nature Agenda. By integrating climate efforts with nature-positive actions, we aim to contribute to a more balanced and thriving future for both our business and society as a whole.

In this regard, our efforts have expanded from decarbonization to a comprehensive nature program, employing both an outside-in and inside-out perspective in line with the double materiality approach.

Sabancı Holding’s Nature Agenda includes our efforts in four key areas: Decarbonization Initiatives, Water Management, Biodiversity and Circular Economy

Through these pillars, we aim to support the resilience of natural systems while also strengthening long-term value creation for our stakeholders.

In 2024, building on the outcomes of our nature-focused initiatives, we became the first organization in Türkiye to publish a Nature Pledge outlining our future goals.

This marked a significant evolution in our sustainability journey—expanding beyond decarbonization to embrace a broader, more impactful Nature Agenda. By doing so, we reaffirmed our commitment to driving transformation within our business while creating positive value for our stakeholders.

The Efforts Extended from Focusing on the Impact of
the Operations to the Impact on The Business Model

For further details, please read our Nature Pledge available at the Download Center.

Decarbonization Initiatives

In alignment with our strategic framework, we addressed potential risks to achieving the 1.5°C goal and identified key areas for improvement on our path toward Net Zero Emissions. Specific measures and actions have been outlined for both Sabancı Holding and its Group companies to help mitigate their environmental impact.

We are implementing our set of 15 Decarbonization Levers, which serve as a structured roadmap to accelerate the transition process and decarbonize the diverse industries in which Sabancı Group is actively engaged.

List of Decarbonization Levers

Renewable Electricity Usage/Generation Switching away from CO₂ Intensive Fuels Electrification of Kiln/Boiler Theft & Loss Reduction Alternative Cooling Gas Bio Diesel Blend SF6 Recovery Blending of Renewable Natural Gas (RNG) Grid Decarbonization Raw Material Substitution Fleet EV Transformation Clinker Subsitution Alternative Fuels Heat Pumps Product/Network Optimization

For detailed information on our targets, performance and actions under Energy and GHG Emissions Management and Our Group’s Transition to Clean Energy, please download Our Nature Agenda Section.

Committed to 2050 Net Zero goals, Sabancı Group has set ambitious science-based targets.
As an investment holding, we have committed to a 15% reduction in Scope 1 & 2 GHG emissions by 2025 and a 42% reduction in Scope 1 & 2 GHG emissions by 2030 versus 2021 baseline, without using carbon offsets, based on the equity share approach.
Our targets align with the 1.5°C pathway of the globally recognized Science Based Targets initiative (SBTi).

7 Sabancı Group Companies Take Action on Climate Goals.

4 of our Group companies — Brisa, Çimsa, Kordsa, and Temsa — have officially set science-based targets aligned with the SBTi’s 1.5°C scenario. Meanwhile, Aksigorta, Agesa, and Teknosa have formally committed to the SBTi and are currently undergoing the approval process.

Akbank’s commitment to becoming a Net Zero Bank by 2050, in accordance with the guidelines of the Net-Zero Banking Alliance, marks a significant milestone in its Scope 3 decarbonization journey.

Sabancı Group aims to reach its decarbonization targets through a variety of technological levers and strategic initiatives, including renewable electricity use, grid modernization, alternative raw materials and fuel use, process changes, and product and network optimization in carbon-intensive businesses.

Water Management

At Sabancı Group, we approach water as a core element of natural capital. It is essential not only for the continuity of our business operations, but also for the well-being of the communities we serve. We recognize that water supply disruption can adversely affect every part of our value chain and society at large. To proactively address these risks and strengthen our Group-wide water management practices, we completed a comprehensive water stewardship project. This initiative was designed to establish consistent definitions, methodologies, and performance metrics across all Group companies, aligned with each sector’s specific water-related realities.

As a first step, we worked with each company to clarify key concepts and define relevant indicators. This enabled us to establish a consistent and reliable baseline for water consumption, and to set realistic, measurable reduction targets.

Following this, we introduced a Group-wide medium term water reduction target and updated our baseline figures to reflect refined boundaries and definitions. This alignment ensures data accuracy and consistency across reporting periods.

For existing assets, we have established the following roadmap for water²:

• Reduce freshwater withdrawal of the 2024 portfolio³ by 10% by 2030
• Reduce water consumption of the 2024 portfolio³ by 15% by 2030
• Integrate water management into investment due diligence and prioritize efficiency after acquisition

² Following the completion of Sabancı Holding’s Water Ambition Project in 2023, the water consumption and withdrawal figures for 2022 and 2023 have been restated due to a change in scope. The revised scope now includes all global operations.
The base year for target-setting purposes is 2022.
³ The 2024 portfolio refers to the operations of Sabancı Group companies as of year-end 2024. It excludes future organic growth not planned during 2024, as well as any inorganic growth expected from 2025 onward. Including these would require recalculating baselines and targets. The current targets reflect how Sabancı Group companies are proactively enhancing efficiency within their existing operations.

In 2024, our total water consumption increased to 8.9 million m³ due to the expanded reporting boundaries covering all operations, including global activities. The percentage of water recycled and reused across the Group reached 26%.

For detailed information on our targets, performance and actions under Water Management, please download Our Nature Agenda Section.

Biodiversity

Sabancı Group launched group-wide Biodiversity Program aligned with TNFD.

Sabancı Group companies are continuing to embed biodiversity preservation into their operational frameworks. Recognizing that the journey to establish biodiversity targets is not a one-size-fits-all process, Group companies have undertaken a tailored approach to align their activities with nature-related standards.

The project began with comprehensive training and alignment programs to ensure that employees across relevant departments understand the critical importance of biodiversity preservation. Building on this foundation, prioritized Group companies systematically identified priority areas and locations where their operations intersect with sensitive ecosystems, in line with the TNFD Guidance for assessing priority locations.

Through this process, we evaluated the potential impacts and dependencies of our activities on biodiversity across relevant geographies, enabling us to better understand the risks and opportunities associated with our operations. In this way, we have taken our management of biodiversity and nature-positive actions to the next level.

For detailed information on our actions and initiatives under Biodiversity, please download Our Nature Agenda Section.

Circular Economy

At Sabancı Holding, we are committed to strategically investing in a sustainable future strengthened by our circular economy framework. Recognizing the urgent need to address material scarcity, we focus on enhancing resource productivity across both our existing operations and new investments. Our goal is to minimize reliance on landfilling and incineration, ultimately targeting Zero Waste by 2050.

In 2024, Sabancı Holding and our Group companies actively implemented strategies to support the circular economy, achieving tangible and long-lasting impacts. We built upon the groundwork laid in 2023 by exploring circular opportunities across our portfolio, including material technologies, mobility solutions, energy sectors, and other key industries. Dedicated workshops equipped our Group companies with the tools to develop circular strategies tailored to their operational realities.

This journey led to the formalization and execution of Sabancı Holding’s Circular Economy Strategy, which defines our ambition, strategic pillars, and targets. Throughout the year, several Group companies established quantitative targets aligned with our circular objectives, while others advanced circular practices through stronger supplier engagement and innovation efforts. This Group-wide commitment continues to shape our circularity strategy, built around the following three core pillars:

• Circular Materials & Partnerships
• Circular Design Principles
• Enhanced Recovery Routes

Pillars Circular Materials
& Partnerships Circular Design
Principles Enhanced Recovery
Routes

Target By 2030, Sabancı Holding aims to achieve the Circular Inflow^** targets and milestones for relevant Group companies^*. By 2050, Sabancı Holding aspires for relevant Group companies^* to design all key products^*** with the Circular Principles. By 2050, Sabancı Holding aspires to eliminate landfill and incineration^****, across relevant Group companies.^*

^* Relevant Group companies refer to Akçansa, Çimsa, Temsa, Teknosa, Enerjisa Enerji and Enerjisa Üretim which are in scope of the Circular Economy Project.
^** Further analysis needed to understand current % circular inflow.
^*** Key products are identified at the company level. Principles are durability, repairability and circular composition.
^**** Incineration of hazardous waste is out of scope.

For detailed information on our targets, performance, actions and initiatives under Circular Economy, please download Our Nature Agenda Section.

Download Our Nature Agenda Section