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We Have To Reach Half of Our Sustainability Goals By 2030

We Have To Reach Half of Our Sustainability Goals By 2030

Sabancı Holding CEO Cenk Alper, speaking to CNBC Europe, underlined that Sabancı Group has a pioneering mission in sustainability with its commitment of net zero emissions by 2050 and said: “We should have science based-targets for each year, we have to reach half of the goals by 2030.”

Sabancı Holding CEO Cenk Alper joined the "Squawk Box Europe" program on CNBC Europe and evaluated Sabancı Holding's sustainability goals. Sabancı Holding CEO Cenk Alper stated that he sees sustainability as an integral part of the Group's purpose and strategy. Mr. Alper also shared Sabancı Holding's sustainability goals and the Group's sustainability roadmap with the audience.

“We unite Turkey and the world for a sustainable life with leading enterprises”

Mr. Alper said: “Last year we revised our Group’s common purpose as: ‘We unite Turkey and the world for a sustainable life with leading enterprises.’ We have also prepared a 5-year strategic plan based on the findings of a comprehensive study we conducted across our entire Group to foresee the post-pandemic world. This plan includes 5 strategic directions that we believe will lead us to our Group’s goal: Provide wider customer experience, transform into an agile global/local footprint, pioneer in sustainability, lead in digital & material technologies and adapt to future of work. In addition, as the Group, we announced our long-term sustainability goals by committing to reach 'Net Zero Emissions’ by 2050.”

“We have drawn different roadmaps for all our group activities”

Sabancı Holding CEO Cenk Alper said that some solutions needed for net zero emissions and zero waste are not yet technologically possible: “We have drawn a long roadmap, we want to implement it. Within the group, we analyzed all our group activities and drew different roadmaps for each and single entity. Some of these goals and activities towards zero carbon emissions are clear now, but if the necessary solution is not available in the world, we will join the worldwide networks to find the necessary solutions. We plan to achieve half of our goals by 2030. We talk about this at the World Business Council for Sustainable Development. We need to set our goals on a science-based year basis, we have to reach half of our goals by 2030, otherwise we will miss the 2050 target.”