Eregli Demir ve Celik Fabrikalari TAS 2023 IR

The report details the financial and sustainability performance of OYAK Mining Metallurgy Companies, including Erdemir and Isdemir, for the fiscal year 2023. It highlights the companies' "Net Zero Roadmap" strategy, aiming to reduce carbon emissions per ton of crude steel by 25% by 2030 and achieve net zero emissions by 2050. Despite challenges from the major earthquake in southern Turkey, the Group achieved a crude steel production of 7.2 million tons and a net profit of USD 170 million. The report also outlines significant investments in energy efficiency, renewable energy projects like the Kizilcapinar Hydroelectric Power Plant, and circular economy initiatives.

Company: Eregli Demir ve Celik Fabrikalari TAS

Sector: Materials

Country: Turkiye

Year: 2023

Type: IR

Pages: 146

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Eregli Demir ve Celik Fabrikalari TAS

Eregli Demir ve Celik Fabrikalari TAS 2023 Integrated Annual Report

Integrated Annual Report

The report details the financial and sustainability performance of OYAK Mining Metallurgy Companies, including Erdemir and Isdemir, for the fiscal year 2023. It highlights the companies' "Net Zero Roadmap" strategy, aiming to reduce carbon emissions per ton of crude steel by 25% by 2030 and achieve net zero emissions by 2050. Despite challenges from the major earthquake in southern Turkey, the Group achieved a crude steel production of 7.2 million tons and a net profit of USD 170 million. The report also outlines significant investments in energy efficiency, renewable energy projects like the Kizilcapinar Hydroelectric Power Plant, and circular economy initiatives.

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Document Details

Report Year

2023

Reporting Period

Jan 1, 2023 - Dec 31, 2023

Fiscal Year

2023

Type

Integrated Report

Language

English

Pages

 

File Size

 

Standards & Assurance

Reporting Standards

Materiality Assessment

ESG Data?Experimental — AI-extracted data, may contain inaccuracies

Women on Board

Net Zero Target

Employees