Turcas Petrol AS 2018 AR2
The report highlights Turcas Petrol A.Ş.'s performance in 2018, marking its 88th year of operation. Despite economic challenges in Turkey, the company expanded its renewable energy portfolio by increasing its stake in Turcas Kuyucak Geothermal Power Plant to 100%, which completed its first full year of commercial operation. Its joint venture, Shell & Turcas Petrol, maintained its market leadership in fuel retail and lubricants, with the Derince plant exporting to 61 countries. Additionally, the company prioritized sustainability by aligning with the UN Sustainable Development Goals, focusing on affordable and clean energy, quality education, and gender equality, and maintained its high corporate governance rating.
Company: Turcas Petrol AS
Sector: Energy
Country: Turkiye
Year: 2018
Type: AR2
Pages: 128
Turcas Petrol AS
Annual Report
The report highlights Turcas Petrol A.Ş.'s performance in 2018, marking its 88th year of operation. Despite economic challenges in Turkey, the company expanded its renewable energy portfolio by increasing its stake in Turcas Kuyucak Geothermal Power Plant to 100%, which completed its first full year of commercial operation. Its joint venture, Shell & Turcas Petrol, maintained its market leadership in fuel retail and lubricants, with the Derince plant exporting to 61 countries. Additionally, the company prioritized sustainability by aligning with the UN Sustainable Development Goals, focusing on affordable and clean energy, quality education, and gender equality, and maintained its high corporate governance rating.
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Document Details
Report Year
2018
Reporting Period
Jan 1, 2018 - Dec 31, 2018
Fiscal Year
2018
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Materiality Assessment
Assurance
Assurance Provider
Assurance Standard
ESG Data?Experimental — AI-extracted data, may contain inaccuracies
Women on Board
Employees