Ülker Crowned World Leader in LSEG Assessment for the Second Time
Foreks - The international financial analysis and reporting organization LSEG (London Stock Exchange Group) has released its assessment of publicly traded companies' environmental, social, and governance (ESG) performance. Ülker, which has been committed to sustainability initiatives with a culture of avoiding waste for many years, achieved the highest score among 484 companies evaluated in its category, thus ranking first in the world for the second time, effective January 2025*. Additionally, Ülker maintained its leadership among companies across all sectors listed on Borsa İstanbul.
In LSEG's assessment, over 100 performance criteria are considered across various areas such as energy, water, emissions, waste management, human rights, workforce, corporate social responsibility, supply chain, and responsible production.
"ESG success re-certified on the international platform" Ülker CEO Mete Buyurgan stated that they hold a leading position in sustainability performance in the environmental, social, and governance domains on both national and international platforms. Buyurgan continued: "We focused on enhancing our robust governance structure to achieve the goal of creating a resilient global food system and to increase our resilience against sustainability risks. We placed sustainability, which we believe has transformed us, at the center of all our environmental, social, and governance efforts. By doing so, we have achieved both environmental sustainability and social benefit through our internal practices and projects that set an example for the industry and society. We were pleased that our sensitivity in meeting the criteria within the ESG framework was once again validated by LSEG’s performance evaluation on international platforms. It also delighted us to maintain the first position among all companies on Borsa İstanbul, regardless of sector. Our issuance of sustainability-linked bonds worth $550 million with a seven-year maturity in 2024 demonstrated international investors' trust in us and motivated us. Moving forward, while maintaining strong financial performance, we will continue to enhance our production, supply, and logistics infrastructure with a flexible management approach, and increase our investments in sustainability through R&D, innovation, and digitalization for a livable world."