SHERIDAN, WYOMING – Feb. 12, 2025 – Türkiye’s leading food company, Ülker, has solidified its position as a global leader in Environmental, Social, and Governance (ESG) performance, achieving the top ranking in its category for the second consecutive year. This recognition comes from the latest ESG performance assessment conducted by the London Stock Exchange Group (LSEG), a renowned international financial analysis and reporting organization.
Unwavering Commitment to Sustainability
The LSEG evaluation, which assesses the ESG performance of publicly traded companies, analyzed 484 companies within Ülker's category. Ülker’s consistent dedication to sustainability, driven by its "waste-free company culture," resulted in the highest score as of January 2025*, mirroring its success in January 2024. This achievement not only marks Ülker's second consecutive year at the top of its category globally but also underscores its leadership among all companies listed on Borsa Istanbul, regardless of sector.
Comprehensive Evaluation Criteria
The LSEG evaluation employs a rigorous assessment process, considering over 100 performance criteria. These criteria span a wide range of ESG factors, including energy consumption, water usage, emissions, waste management, human rights, labor practices, corporate social responsibility, supply chain management, and responsible production. Ülker's exceptional performance across these diverse areas highlights its holistic approach to sustainability.
Leadership’s Perspective: "Our ESG Success Has Been Recognized Internationally Once Again"
Mete Buyurgan, CEO of Ülker, expressed his pride in the company's achievement, emphasizing that their sustainability performance in ESG areas has earned them recognition on both national and international platforms.
"At Ülker, we focus on enhancing our strong governance structure and improving our resilience against sustainability risks to achieve the goal of building a resilient global food system," Buyurgan stated. "Across all environmental, social and governance dimensions, we have placed sustainability, which we believe transforms us, at the core of our efforts.”
Buyurgan further highlighted the company's commitment to creating positive impact: “Through our internal practices and projects that serve as examples for the sector and society, we have delivered both environmental sustainability and social benefits. We are pleased that our commitment to meeting ESG criteria has been validated once again on international platforms through LSEG’s performance evaluation. Being ranked first among all companies in Borsa Istanbul, regardless of sector, brings us additional pride.”
Investor Confidence and Future Outlook
Ülker's commitment to sustainability has also garnered the confidence of international investors. "In 2024, our issuance of $550 million in sustainability-linked international bonds with a seven-year maturity demonstrated the trust international investors place in us, motivating us further," Buyurgan noted.
Looking ahead, Ülker remains dedicated to continuous improvement and innovation. Buyurgan affirmed, “Moving forward, we will continue to maintain strong financial performance while, with our agile management approach, further developing our production, supply chain and logistics infrastructure. We remain committed to increasing investments in sustainability through R&D, innovation, and digitalization to contribute to a more liveable world.”
A Benchmark for Sustainable Business Practices
Ülker's consistent leadership in ESG performance serves as a benchmark for other companies striving to integrate sustainability into their core business strategies. The company’s success demonstrates that prioritizing environmental and social responsibility can drive both positive impact and strong financial results. By embracing a "waste-free company culture" and focusing on continuous improvement, Ülker is paving the way for a more sustainable future for the food industry and beyond.
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