First in Türkiye with ESG Score, Third in the World in “Emerging Markets”

First in Türkiye with ESG Score, Third in the World in “Emerging Markets”

06.11.2022

Adm and Gdz Elektrik received the highest rating of "A1 Advanced Level" with 62 points in the Environmental, Social and Governance (ESG) performance rankings made by the international rating agency Moody's. While the companies rank first in the Turkish electricity sector with this score; It also ranked third in the electricity sector in the "Emerging Markets" world ranking.

Adm and Gdz Elektrik, which are among the participants of the United Nations Global Compact (UNGC) in Turkey, were awarded "A1 Advanced Level" in the evaluation made by Moody's this year, with 62 points, which is the highest rating in the ESG performance evaluation of approximately 5 thousand companies globally. He managed to get the degree.

Bayramoğlu: “With our performance, we left behind 97 percent of companies worldwide”

Evaluating ESG success on a global scale, Adm Elektrik General Manager Ahmet Bayramoğlu said, “With the importance we attach to sustainability, operational excellence and efficiency, our companies ranked first in their sector in Turkey and third in international emerging markets. This success is very valuable for both our company and our industry. "With our performance, we are taking firm steps towards becoming the leading distribution company on a global scale, which is in the vision of our companies, leaving behind 97% of the companies worldwide." said.

Yüksel: “This success will make a significant contribution to access to financial resources.”

Stating that they surpassed most of the participating companies in the rating made by Moody's among approximately 5 thousand companies worldwide, Gdz Elektrik General Manager Uğur Yüksel said, “It is a pleasure for us to receive the reward of our reputation, environment, social and managerial work and strong and successful management within the scope of ESG risks.” . "In addition, this important success will make a significant contribution to our company's access to alternative financing sources in national and international markets under more favorable conditions," he said.

Why is the Environmental-Social-Governance (ESG) Score Important?

ESG criteria; It covers a wide range of areas, from companies' concrete steps to reduce their carbon footprint to health and safety policies for employees, from the management of supply chains to creating a trust-based corporate culture that supports innovation and social responsibility. ESG performance determines how much companies take these criteria into account and apply them in their corporate strategies, activities, investments and policies. Financial institutions that provide funds to companies also take into account the ESG scores of the relevant company during the investment research process.

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