Borusan Birlesik Boru Fabrikalari Sanayi ve Ticaret AS 2023 AR2
The report highlights Borusan Boru's record financial performance in 2023, with consolidated revenues increasing by 29.9% to USD 1.74 billion and net profit rising by 138.2% to USD 194 million. A key strategic milestone was the acquisition of US-based Berg Pipe for USD 162 million, expanding the company's annual production capacity in the US to one million tons. In sustainability, the company achieved a 'C' rating from the Carbon Disclosure Project (CDP) for both climate change and water performance. Additionally, the company successfully reduced its Scope 1 and Scope 2 greenhouse gas emissions by over 10% compared to 2022 and completed 20 carbon-mitigation projects.
Company: Borusan Birlesik Boru Fabrikalari Sanayi ve Ticaret AS
Sector: Materials
Country: Turkiye
Year: 2023
Type: AR2
Pages: 212
Borusan Birlesik Boru Fabrikalari Sanayi ve Ticaret AS
Annual Report
The report highlights Borusan Boru's record financial performance in 2023, with consolidated revenues increasing by 29.9% to USD 1.74 billion and net profit rising by 138.2% to USD 194 million. A key strategic milestone was the acquisition of US-based Berg Pipe for USD 162 million, expanding the company's annual production capacity in the US to one million tons. In sustainability, the company achieved a 'C' rating from the Carbon Disclosure Project (CDP) for both climate change and water performance. Additionally, the company successfully reduced its Scope 1 and Scope 2 greenhouse gas emissions by over 10% compared to 2022 and completed 20 carbon-mitigation projects.
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Document Details
Report Year
2023
Reporting Period
Jan 1, 2023 - Dec 31, 2023
Fiscal Year
2023
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Assurance
Assurance Provider
Assurance Standard
ESG Data?Experimental — AI-extracted data, may contain inaccuracies
Women on Board
Women in Management
Employees