SAYTEK to Begin Selling Carbon Certificates
Saytek, one of the leading brands in the recycling sector, is taking an important step in the climate economy. The company has certified the carbon reductions it has accumulated since 2022 through approval by the international independent organization VERRA, and is preparing to offer these certificates for sale on the open market as of October.
Saytek, a leading brand in the recycling sector, is taking an important step in the climate economy. The company has had its carbon reductions accumulated since 2022 certified by the international independent organization VERRA, and as of October is preparing to offer these certificates for sale on the open market.
"We Are the Only Company in Turkey Meeting This Standard"
Özer Yıldırım, Chairman of the Board of Saytek Medikal ve Plastik Sanayi A.Ş., emphasized the importance of the process with these words:
"We have had our carbon reductions certified by the international independent organization VERRA. We were published as the only company in Turkey in our sector meeting this standard. We reduce 16,500 tons of carbon annually. Companies exceeding the carbon limit will be forced to purchase our certificates to offset their emissions."
What is a Carbon Certificate?
A carbon certificate is a system that documents the environmental contribution achieved by a company in reducing or preventing greenhouse gas emissions according to international standards. These certificates, measured and verified by independent verification organizations, are purchased by companies exceeding carbon emission limits, providing both environmental benefit and offsetting legal obligations.
Preparation for 2026: Solution Partner for Companies
Yıldırım recalled that the European Union's Carbon Border Adjustment Mechanism will come into effect on 1 January 2026, noting that producers will be forced to offset their carbon emissions:
"We are below the limit and this has been documented by VERRA. We have been accumulating our carbon reductions since 2022. We have reached the point of offering our certificates to the market in the near term. This way we will provide additional revenue to our company balance sheet while becoming a solution partner for companies that want to offset their carbon emissions."
Capacity to Increase with New Investments
Saytek aims to strengthen its position in both the Turkish and European markets through investments it has developed not only in medical technologies but also in recycling and climate solutions. The company intends to increase its carbon certificate capacity with a second recycling facility that it plans to commission by the end of 2026.
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