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

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Turcas Petrol AS

Turcas Petrol AS 2023 Annual Report

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

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