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Performance

Performance

Integrating sustainability into its corporate strategy and structure, OYAK Group achieved successful results in 2017. For OYAK Group, capitalizing on the link between financial and non-financial performance is a critical success factor in sustainability management. In this section, OYAK Group describes its successful sustainability strategy by presenting the environmental, social and financial impact of its operations.

In addition to their traditional annual reports, Aslan Çimento and Adana Çimento have published their Integrated Reports for 2016 which provide information on their mid- and long-term targets and reinforce the organic bond between sustainability and business practices.

OYAK Cement Group companies ensured a financial saving of more than USD 4.8 million in 2017 by using approximately 170 thousand tons of alternative raw material.

A saving of approximately USD 3.5 million has been obtained in OYAK Cement Companies as a result of using the wastes as alternative fuel.

The share of reused water in total water consumption at OYAK Group is 92%.

With various projects launched, OYAK Group has ensured an energy saving of more than 460 million kWh in 2017. Moreover, approximately 660 thousand MWH energy has been generated from renewable resources. This amount corresponds to the annual electricity need of 74.163 houses.

To increase occupational health and safety awareness of not only its employees but also subcontractors working in the field, OYAK Group companies offered 12.5 man/hours of training to subcontractor staff in 2017.

As of 2017, 16% of the managerial staff of OYAK group companies are consisted of women.

Swiftly continuing with its R&D and innovation efforts, OYAK Group has invested more than USD 25 million for these efforts during 2017.

80,4% of all the suppliers of OYAK group companies are consisted of local suppliers.

OYAK Group Sustainability Statement 2014-2016

Objectives Financial / Non-Financial Performance

To adopt sustainability as a way of life

  • 451 hours of training per year per employee
  • Innovation efforts
  • "Green Era for Sustainability" Award
  • Two national/international academic publications
  • 38 technical visits to the facilities in the last two years

To undertake efforts to generate less waste during the production processes

  • Five cement companies that use alternative fuels
  • Waste management working group

To conduct detailed analyses that include financial and non-financial elements aimed at resource continuity

  • Total energy savings of 1,77 billion kWh by mining, metallurgy, cement and concrete companies in the last two years
  • Environmental investments and expenditures amounting to TRY 245,7 million between 2014 and 2016
  • Decoupling analysis

To make projections for sustainable supply of raw materials

  • Sustainable land management practices
  • Situation analysis of raw material supply areas

To determine the priorities with regard to rehabilitation, natural restoration and protection of biodiversity

  • Biodiversity Handbook
  • Biodiversity Policy
  • Biodiversity training during employee orientation
  • Conservation of 12,2 million m3 of soil during the period of 2015- 2016 through alternative raw materials/fuels and resource efficiency
  • Afforestation of 575 hectares of land

To boost production efficiency through life cycle assessment

  • R&D centers and industry-university partnership
  • R&D spending of TRY 63,3 million between 2015 and 2016
  • High performance blended cement types
  • Initiatives to reduce energy intensity
  • Erdemir’s life cycle assessments

To implement pioneering practices in supply chain management

  • 71% local supply
  • Auditing 21% of suppliers
  • Waste companies audit checklist