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

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Borusan Birlesik Boru Fabrikalari Sanayi ve Ticaret AS

Borusan Birlesik Boru Fabrikalari Sanayi ve Ticaret AS 2023 Annual Report

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