Sustainability

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Sustainability Performance

Sustainability Performance

Aksigorta strives to minimize the environmental impact of its activities.

Sarıyer Kısırkaya Beach was cleaned by our volunteering employees within the scope of June 5 World Environment Day.

Aksigorta bolsters its sustainability performance* every year and especially strives to minimize the environmental impact of its activities.

Aksigorta is included in the BIST Sustainability Index and has sustainability policies and practices in place and reports on its sustainability activities.

Within the scope of the Net Zero Carbon Footprint project carried out across Sabancı Holding, the target has been set to reduce the total of Scope 1 and Scope 2 emissions by 65% by 2030 compared to the 2019 level in order to reach net zero emissions by 2050. To ensure that Scope 3 emissions resulting from the investment portfolio are compliant with the Science-Based Targets (SBTi), 40% of the portfolio and the entire portfolio must consist of companies that have set targets that are compliant with SBTi by 2030 and by 2040, respectively. The process of target setting and submission of commitment letters to the SBTi platform will be completed by the end of the year.

These targets and the current status are disclosed to the public through annual Sustainability Reports.

As a leading company in the insurance sector, Aksigorta focuses on four main areas where it can make an impact in its activities to hand over a better world to future generations:

Operations

The Head Office uses electricity from 100% renewable energy sources. Remote and hybrid working models help reduce carbon emissions associated with the use of offices. Paper and plastic consumption is kept to a minimum, while annual consumption of paper and plastic is monitored. Use of disposable plastics in offices has been eliminated.

Products

The focus is on increasing the number of products related to Sustainable Development Goals (SDGs) and the premium generation from these products.

SDG-Related Products and Services Developed in 2024

Aksigorta and Arvento offer their customers safe and economical driving experience together with advantages through their new partnership. Aksigorta will offer a 20% discount on new insurance policies or renewals to customers who have an Arvento tracking device installed in their vehicles.

Responsible Investment and Responsible Customer

We are implementing Environment, Social and Governance standards throughout the value chain as required according to the Responsible Investment Policy of Sabancı Holding. We prioritize investors and customers as per this policy. The risks identified have been categorized and their sources have been identified according to the policy. A risk map was created using publicly available information with artificial intelligence and the compliance status of stakeholders was reviewed. As per the policy, compliance and non-compliance status of companies that violate environmental, social and management principles have been weighted, and a corrective action plan has been developed.

Social & Environmental Impact Projects

  • In cooperation with Boğaziçi University Visually Impaired Technology and Education Laboratory (GETEM), books were vocalized to contribute to the online library for the visually impaired. This contributes to better integration of the visually impaired in social life, helping them overcome obstacles and achieve self-development. A total of 31 volunteers from AgeSA and Aksigorta took part in this important project.

  • In order to protect the environment with the awareness of social responsibility for a sustainable life and a better future, Sarıyer Kısırkaya Beach was cleaned by our volunteering employees within the scope of June 5 World Environment Day. During the event, which was held for the second time this year to draw attention to environmental pollution, waste management and recycling issues, more than 100 kilos of waste were collected and sent for recycling by a team of 15 people.

  • Committed to protect what is valuable for a sustainable life, Aksigorta planted 10,000 larch and red pine seeds on behalf of all its employees in Muğla as part of its collaboration with ecording.

  • In collaboration with the Çorbada Tuzun Olsun (Contribute a Small Share) Association, meals were provided to individuals facing housing problems due to various reasons, including especially unemployment, in order to show solidarity with the economically disadvantaged families and individuals, to get in touch with them and to ensure their social integration.

Aksigorta strengthens its commitment and efforts towards sustainability with each passing day.

Equality, Diversity and Inclusion

Burak Yüzgül became the Chief Diversity & Inclusion Officer (CDIO), a role which was created in line with the requirements and strategic goals for the new era and the Sustainability Principles Alignment Framework, to improve inclusion and to contribute to corporate sustainability in the long term.

Aksigorta views all kinds of characteristic differences and social identities such as language, race, sect, age, gender, culture, nationality, ethnicity, disability, political view, religious belief, sexual orientation, gender identity and gender expression as a value that enriches and triggers a culture of innovation and continuous development. The current status has been evaluated according to Sabancı Holding Equality, Diversity and Inclusion Policy and the EU Diversity and Inclusion Self-Assessment Tool. According to the EU Diversity and Inclusion Self-Assessment Tool, which helps conduct an assessment of the current status of companies with respect to equality, diversity and inclusion and rate their compliance status as “Diversity Champion,” “Pioneer,” “Explorer” or “Beginner,” Aksigorta is ranked among the “Pioneer” companies. A gap analysis study has been completed to achieve the rank of “Diversity Champion.” Based on this gap analysis, an action plan is being developed that covers various processes, including recruitment, talent management, training and development, compensation, and identification of special needs.

With the “Inclusive Leaders for Sustainable Companies” training organized in collaboration with the Sabancı University and IFC, we have increased our knowledge about relevant strategies and practices in this area.

BIST Sustainability Index

Thanks to its efforts to achieve sustainability goals, Aksigorta continues to be listed in the BIST Sustainability Index, which evaluates the international sustainability performance of companies traded in Borsa Istanbul in the areas of environmental, social, corporate governance, human and employee rights, and transparency. The Company strengthens its commitment and efforts towards sustainability with each passing day.