The increasingly pronounced impacts of climate change have become a key agenda item for economic activities, asset management, and corporate sustainability. National and international regulatory frameworks require institutions to assess climate-related risks and strengthen their adaptation capacity. In this context, Ziraat GYO adopts a responsible approach by considering the impact of climate change on its portfolio, operations, and long-term value creation objectives.
Accordingly, the Climate Change Mitigation and Adaptation Policy aims to identify physical and transition risks arising from climate change that may arise in Ziraat GYO’s activities, define the actions necessary to manage these risks, and support the company’s transition to a low-carbon and climate-resilient portfolio in line with its sustainability strategies.
The Policy, which covers all activities, employees and subsidiaries of Ziraat GYO, supports compliance with relevant legislation and international practices; directs the strengthening of energy and environmental performance and the integration of emission reduction and compliance practices into business processes.
Within the scope of the Climate Change Mitigation and Adaptation Policy, Ziraat GYO:
- Adresses the perspective of mitigating climate change and adaptation in a holistic manner in its real estate development, investment and operational processes; it integrates criteria such as energy efficiency, carbon footprint management and environmental risk assessment into investment and operational decisions; this strategic approach forms the basis for concrete project and implementation steps.
- Ensures that issues related to climate change are addressed under the supervision of the Board of Directors and senior management; within this framework, the Sustainability Committee carries out the necessary works and receives support from other committees and relevant units when needed.
- Assesses the physical and transition risks arising from climate change; considers the opportunities that may arise and develops solution-oriented projects and action plans in collaboration with public institutions, the private sector, academic institutions and non-governmental organizations.
- Identifies renovation, maintenance and operational improvement projects that can be implemented to increase the efficient use of energy, water and other exhaustible environmental resources (e.g. materials, landscape areas, biodiversity) in the existing real estates in its portfolio; evaluates and prioritizes the feasibility of these projects; and implements them in line with strategic objectives.
- Takes into account the factors affecting greenhouse gas emissions In new project development and major renovation works; implements greenhouse gas emission reduction opportunities in line with strategic targets and monitors its performance.
- Aims to calculate annual greenhouse gas emissions within the framework of internationally accepted methodologies and improve mitigation performance over time.
- Takes national legislation and international good practices as reference to the extent applicable within the scope of combating climate change.
- Aims to contribute to the United Nations Sustainable Development Goals (SDGs) in areas where its activities are appropriate.
- Attaches importance to increasing environmental awareness among contractors and project owners; when necessary, it implements cooperation and audit mechanisms to improve sustainability performance.
- Attaches importance to communication and information activities that support the raising of environmental awareness among employees, customers, investors and business partners.
- Attaches importance to sharing its activities and performance related to climate change with the principle of transparency in line with its reporting obligations.
- Implements preventive plans and emergency protocols against climate-related disasters in order to increase the physical durability and operational continuity of its properties.
- Implements climate change awareness and environmental performance training programs for all employees, monitors and integrates this awareness into business processes.
- Evaluates and implements innovative solutions in energy saving, renewable energy and sustainable material use.