Turcas Petrol AS 2023 AR2
The report highlights Turcas Petrol's operational and financial performance for the fiscal year 2023. Key achievements include the successful completion of the 10-year planned major maintenance at the 800 MW Denizli Natural Gas-Fired Combined-Cycle Power Plant, which generated 2.9 billion kWh of electricity. In the retail sector, Shell & Turcas maintained its market leadership with a 21.5% market share and expanded its non-fuel sales and electric vehicle charging network in partnership with Trugo. Financially, the company significantly reduced its indebtedness, achieving a 94% equity-to-assets ratio. Additionally, Turcas continued to integrate ESG principles, publishing its first Sustainability Report and improving its Corporate Governance Rating score to 9.65.
Company: Turcas Petrol AS
Sector: Energy
Country: Turkiye
Year: 2023
Type: AR2
Pages: 130
Turcas Petrol AS
Annual Report
The report highlights Turcas Petrol's operational and financial performance for the fiscal year 2023. Key achievements include the successful completion of the 10-year planned major maintenance at the 800 MW Denizli Natural Gas-Fired Combined-Cycle Power Plant, which generated 2.9 billion kWh of electricity. In the retail sector, Shell & Turcas maintained its market leadership with a 21.5% market share and expanded its non-fuel sales and electric vehicle charging network in partnership with Trugo. Financially, the company significantly reduced its indebtedness, achieving a 94% equity-to-assets ratio. Additionally, Turcas continued to integrate ESG principles, publishing its first Sustainability Report and improving its Corporate Governance Rating score to 9.65.
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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
Employees