Vestel Elektronik Sanayi ve Ticaret AS 2020 AR2
The report highlights Vestel Elektronik's performance in 2020, emphasizing its resilience and adaptability during the COVID-19 pandemic. The company achieved record financial results, with net sales reaching TL 21.5 billion and EBITDA breaking records at TL 3.6 billion. Vestel advanced its "Smart Life 2030" sustainability vision by issuing Turkey's first TL-denominated green bond with an international sustainability rating. Operationally, the company was awarded the prestigious TPM World Class Award by the JIPM, becoming the first in the consumer electronics sector to achieve this simultaneously across six factories. Additionally, Vestel expanded its eco-friendly product portfolio with Daylight and MAYA technologies, focusing on hygiene and energy efficiency.
Company: Vestel Elektronik Sanayi ve Ticaret AS
Sector: Consumer Discretionary
Country: Turkiye
Year: 2020
Type: AR2
Pages: 308
Vestel Elektronik Sanayi ve Ticaret AS
Annual Report
The report highlights Vestel Elektronik's performance in 2020, emphasizing its resilience and adaptability during the COVID-19 pandemic. The company achieved record financial results, with net sales reaching TL 21.5 billion and EBITDA breaking records at TL 3.6 billion. Vestel advanced its "Smart Life 2030" sustainability vision by issuing Turkey's first TL-denominated green bond with an international sustainability rating. Operationally, the company was awarded the prestigious TPM World Class Award by the JIPM, becoming the first in the consumer electronics sector to achieve this simultaneously across six factories. Additionally, Vestel expanded its eco-friendly product portfolio with Daylight and MAYA technologies, focusing on hygiene and energy efficiency.
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Document Details
Report Year
2020
Reporting Period
Jan 1, 2020 - Dec 31, 2020
Fiscal Year
2020
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
Emissions
Scope 1:
Scope 2:
Energy Consumption
Renewable Energy
Water Consumption
Total Waste
Women on Board
Women in Management
Employees