Kordsa Obtains Approval for Emission Reduction Targets
Kordsa has obtained approval from the Science Based Targets Initiative (SBTi) for its emission reduction commitments. By complying with the SBTi’s criteria and recommendations, Kordsa will reduce its production-related emissions and increase the use of renewable energy, aiming to reduce its emissions by 46.2% by the year 2030.
Kordsa, a Sabancı Holding subsidiary, continues to lead the industries it operates in with its exemplary sustainability practices and ongoing commitments. By putting sustainability at the core of its global growth strategy in tire, construction reinforcement, and composite technologies, Kordsa has demonstrated its unwavering commitment to the net-zero journey with its interim targets.
SBTi has approved Kordsa’s emission reduction targets, based on its sustainability roadmap, guided by science and technology and 2030 targets. SBTi, a partnership between CDP, UN Global Compact, World Resources Institute (WRI), and World Wildlife Fund for Nature (WWF), is one of the most respected global standards for setting targets for sustainability goals.
KORDSA WILL TRANSFORM THE SUPPLY CHAIN ECOSYSTEM
Aligned with the targets approved by SBTi, Kordsa will reduce its production-related emissions while increasing the use of renewable energy, aiming to achieve a 46.2% reduction in emissions by the year 2030, considering 2019 as the base year.
Kordsa is taking steps to transform its supply chain ecosystem. In this regard, Kordsa has initiated its efforts to enable critical raw material suppliers' transition to a low-carbon economy by the year 2027.
Emphasizing the significant role of translating words into action in Kordsa's 50-year success story, Kordsa CEO İbrahim Özgür Yıldırım stated: “Keeping our promises to stakeholders is an integral part of Kordsa's business culture. Building on this culture and our values, just like all companies within Sabancı Group, we see sustainability as an opportunity for our world and humanity's future. As part of our mission 'Reinforcing Life,' we strive to demonstrate this approach in all sectors we operate in and extend our impact to the entire ecosystem. As an advanced materials company, we wholeheartedly believe that our pioneering attitude will contribute to the green transformation of numerous industries. SBTi's approval of Kordsa's targets is the strongest evidence of how effectively our approach is recognized on a global scale. With this approach, we will continue to develop value-added and sustainable solutions for our customers while contributing to a more livable world through responsible governance practices."