Structure of the Sustainability Committee and Sub-Working Groups
We work devotedly in order to leave a livable world to future generations, and we carry out our business processes to increase our renewable energy production day by day. We integrate sustainability into our processes and corporate management in order to adapt to the economic, environmental and social requirements of the era of energy transformation. Thanks to our Sustainability Committee and related working groups under our Board of Directors, we will continue to make effective decisions in line with the most suitable and effective solutions for the needs of our country and the future.
We monitor and manage different aspects and needs of sustainability through our Environment and Occupational Heath and Safety, Social Responsibility and Stakeholder Interaction, Sustainable Finance and Employee Satisfaction working groups, which are affiliated to the Sustainability Committee. Thanks to this strategic and integrated understanding, we can manage risks and opportunities better and adapt to new trends more flexibly.
Working Principles of the Sustainability Committee and Sub Working Groups
UN Global Compact supports the companies worldwide in harmonizing their strategies and operations with the 10 Principles on human rights, labor standards, environment and anti-corruption, while at the same time leading the world of business in achieving the Sustainable Development Goals. Fiba Renewable Energy, a signatory of this compact since 2021, continues to implement a policy that supports the goals of the United Nations and promotes the universal principles of sustainability.
The “Global Compact Signatories Association” was established by the UN Global Compact Turkey Network to monitor the activities of the participants in Turkey to the UN Global Compact, which is the largest sustainability platform in the world today with its local network in 69 countries and over 18,000 company signatories, and to ensure joint cooperation. Fiba Yenilenebilir Enerji has been continuing its activities in support of Sustainable Development Goals as a member of the association since 2023.
The Science-Based Targets Initiative was established to help companies set emissions reduction targets in line with climate science and the Paris Climate Agreement. The Science-Based Targets Initiative provides a clearly defined route for companies to reduce their greenhouse gas emissions, helping to prevent the worst effects of climate change while driving future business growth. The Science-Based Targets Initiative has more than 4,000 participants worldwide. Fiba Yenilenebilir Enerji, as a signatory to the Science-Based Goals Initiative in 2023, has committed to work to limit global warming to 1.5 °C and to monitor the mitigation.
The Science-Based Goals Initiative was established to help companies set emissions reduction targets in line with climate science and Paris Climate Agreement goals. The Science-Based Goals Initiative provides a clearly defined way for companies to reduce their greenhouse gas emissions, helping to prevent the worst effects of climate change and drive future job growth. The Science-Based Goals Initiative has more than 4,000 participants worldwide. As a signatory to the Science-Based Goals Initiative in 2023, Fiba Renewable Energy has committed to work to limit global warming to 1.5 °C and to monitor impact mitigation.
WEPs Implementation Guide aims to guide the organizations in the private sector in their efforts towards women's empowerment at the workplace and in their areas of operation. Fiba Renewable Energy, a signatory of WEPs since 2019, has been providing the necessary support for women's empowerment in the world of business.
Business Council for Sustainable Development (BCSD Turkey) is an important platform that aims to contribute to the improvement of economic growth, social welfare and sustainable development and to increase the competition in the world of business, as the regional network and business partner of the World Business Council for Sustainable Development (WBCSD) in Turkey. As a BCSD Turkey member since 2021, Fiba Renewable Energy continues its operations by integrating sustainability into its business strategies.
Turkish Wind Energy Association (TWEA) is an umbrella non-governmental organization that operates for the purpose of benefiting our economy by taking advantage of the wind energy potential in our country. As Fiba Renewable Energy, we care about tapping into our country's wind potential to benefit the sector and we take part in TWEA work groups and contribute to the development of the wind energy sector in Turkey.
Foreign Economic Relations Board is an organization that has been operating in the areas of foreign trade, foreign economic relations, domestic and foreign investment opportunities since 1985 for the purpose of helping the Turkish private sector strengthen their operations internationally. As Fiba Renewable Energy, we have been an active FERB member to keep a close eye on foreign investment opportunities.