Zorlu Enerji Signs CFO Principles

Zorlu Enerji has become a signatory to the "CFO Principles for Integrated SDG Investments and Financing" published by the "CFO Coalition" established by UN Global Compact, the world's largest corporate sustainability initiative, in line with the Sustainable Development Goals (SDGs), in order to scale its sustainability efforts and social, economic and environmental commitments to an international level. Companies that are signatories to the CFO Principles, including Zorlu Enerji, commit to setting ambitious targets for investments and sustainable financing that can significantly accelerate sustainable development. CFOs participating in the global initiative, of which a select number of Turkish companies are signatories, pledge to allocate approximately USD 500 billion in financial resources to SDG-directed investments over the next five years.  

Elif Yener, Chief Financial Officer of Zorlu Enerji, stated that being a signatory to the "CFO Principles for Integrated SDG Investments and Financing" encourages companies to develop environmentally and socially responsible practices, and made the following comments on the matter:

"In the current period, the most important priority for all companies is now to present an approach that will create long-term value for a sustainable life. As Zorlu Enerji, we operate in every field with this vision and adopt sustainability as our way of doing business in all areas, particularly in finance. We aim to support Turkey's growth in the sustainability area and through the strategy we have developed in this direction, we contribute to decarbonization and the improvement of biodiversity. As a signatory to the CFO Principles, we are planning important collaborations that we will implement in the coming period to provide the necessary financing for investments that will support our country's transition to sustainable development."

Zorlu Enerji plans to supply all the energy it produces from renewable sources by 2030, Yener continued as follows:

"In addition to our own operations, we are working to facilitate carbon-free growth for our customers as well. We are developing projects to make our entire value chain carbon neutral by 2040 and aim to create long-term positive value. We are shaping our energy ecosystem to be based on renewable sources, and we approach the financing of our investments with a sustainability and future-oriented perspective. To diversify our capital sources, we use innovative and sustainable financing instruments and ensure that our investments support regional development. As this holistic perspective spreads throughout the business world, I believe that growth is no longer merely about financial performance; sustainability performance will become prominent in order to exist in the future."