[CONSOLIDATION_METHOD_TITLE] [CONSOLIDATION_METHOD]
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oda_SustainabilityComplianceReportAbstract|
Sustainability Compliance Report
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A. GENERAL PRINCIPLES
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A1. Strategy, Policy and Goals
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A1.1. The prioritised environmental, social and corporate governance (ESG) issues, risks and opportunities have been determined by the Company's Board of Directors.
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Galata Wind carried out its first material issues study on sustainability in 2022 in accordance with the AA1000SES Standard. Material issues approved by the Board of Directors are published on the website. In addition, there is also a risk and opportunity study based on UN sustainable development goals. Our sustainability policies are available on our website. In 2023, the Company also published its possible risks arising from climate change and published its strategies n how to reduce those risks in its 2023 Sustainability Report.
You can download Galata Wind Enerji A.Ş. 2023 Sustainability Report via the corporate website https://www.galatawindenerji.com/en/sustainability/sustainability-management/sustainability-reports. Galata Wind 2022 Sustainability Report, Risks and Opportunities, Pages 25-30; What to Focus and Material Issues, 32-34; Galata Wind 2023 Sustainability Report, Material Issues, Page 14 https://www.galatawindenerji.com/en/ sustainability/ Also, you can reach to Risks and Opportunites via our corporate web site: https://www.galatawindenerji.com/en/sustainability/sustainability-management/risks-and-opportunities
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A1.1. The ESG policies (Environmental Policy, Energy Policy, Human Rights and Employee Policy etc.) have been created and disclosed to the public by the Company's Board of Directors.
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Our sustainability policies are available on our website.
https://www.galatawindenerji.com/en/corporate-governance/policies
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A1.2. The short and long-term targets set within the scope of ESG policies have been disclosed to the public.
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Galata Wind Enerji A.Ş. published its Sustainability Report in July 2023, in which its non-financial performances for 2022 are disclosed in line with its material issues. Within the scope of the report, it has publicly disclosed its targets based on the UN SDG.
2024 UN Sustainable Development Goals, via 2023 Sustainability Report, Pages 10 You can download Galata Wind Enerji A.Ş. 2023 Sustainability Report via the corporate website https://www.galatawindenerji.com/en/sustainability/sustainability-management/sustainability-reports
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A2. Implementation/Monitoring
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A2.1. The responsible committees and/or business units for the implementation of ESG policies and the senior officials related to ESG issues in the Company and their duties have been identified and disclosed to the public.
X
Established in 2022 directly reporting to the Board of Directors, the Sustainability Committee deals with sustainability-related issues at the Company's highest level decision making body, monitors their management, and oversees implementations.
You can download Galata Wind Enerji A.Ş. 2023 Sustainability Report via the corporate website https://www.galatawindenerji.com/en/sustainability/sustainability-management/sustainability-reports Galata Wind 2023 Sustainability Report, Corporate Management, Page 36-43; Sustainability Management, Page 43-45
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A2.1. The activities carried out within the scope of policies by the responsible committee and/or unit have been reported to the Board of Directors at least once a year.
X
The Sustainability Committee was established in 2022 and held its first meeting in December 2022. According to the Committee Duties and Responsibilities document, the Committee convenes 4 times a year and reports the meeting results to the Board of Directors. In 2023, the relevant committee convened 1 time and in 2024 XXX time.
You can download Galata Wind Enerji A.Ş. 2023 Sustainability Report via the corporate website https://www.galatawindenerji.com/en/sustainability/sustainability-management/sustainability-reports Galata Wind 2023 Sustainability Report, Corporate Management, Page 36-43; Sustainability Management, Page 43-45
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A2.2. In line with the ESG targets, the implementation and action plans have been formed and disclosed to the public.
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These 17 goals, named Sustainable Development Goals (UN SDG) by the UN, were taken into consideration like other standards and codes while preparing the sustainability strategy of Galata Wind, determining the material focus areas, and were evaluated together with our goals in accordance with our material issues. Furthermore, Galata Wind Enerji A.Ş. signed the UN Global Compact in 2022.
2024 UN Sustainable Development Goals, via 2023 Sustainability Report, Page 10 You can download Galata Wind Enerji A.Ş. 2023 Sustainability Report via the corporate website https://www.galatawindenerji.com/en/sustainability/sustainability-management/sustainability-reports
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A2.3. The Key ESG Performance Indicators (KPI) and the level of reaching these indicators have been disclosed to the public on yearly basis.
X
Within the scope of its first sustainability report, Galata Wind has tried to disclose its sustainability performance for the last three years as far as the data is available.
You can download Galata Wind Enerji A.Ş. 2023 Sustainability Report via the corporate website https://www.galatawindenerji.com/en/sustainability/sustainability-management/sustainability-reports Galata Wind 2023 Sustainability Report, Key Performance Indicators, Pages 78-105
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A2.4. The activities for improving the sustainability performance of the business processes or products and services have been disclosed to the public.
X
Galata Wind Enerji A.Ş. 2023 Sustainability Report includes the sustainability performances of the Company between January 1, 2023 and December 31, 2023. 2023 will also be published in the Sustainability Report
You can download Galata Wind Enerji A.Ş. 2023 Sustainability Report via the corporate website https://www.galatawindenerji.com/en/sustainability/sustainability-management/sustainability-reports. Galata Wind 2023 Sustainability Report, Report Scope, Pages 12-13
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A3. Reporting
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A3.1. The information about the sustainability performance, targets and actions have been given in annual reports of the Company an understandable, accurate and sufficient manner.
X
Galata Wind Enerji A.Ş. delivers its report, which includes the sustainability performances of 2022, to its stakeholders on its website in July 2023, independently of the annual report. However, the annual report and the website also contain information that can be accessed by the relevant stakeholders.
Galata Wind Enerji A.Ş. 2024 Annual Raport, Pages 70-87
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A3.2. The information about activities which are related to the United Nations (UN) 2030 Sustainable Development Goals have been disclosed to the public.
X
We share in detail our contribution to UN Sustainable Development Goals through every channel our stakeholders can access.
You can download Galata Wind Enerji A.Ş. 2023 Sustainability Report via the corporate website https://www.galatawindenerji.com/en/sustainability/sustainability-management/sustainability-reports. 2024 UN Sustainable Development Goals, via 2023 Sustainability Report, Page 10 You can also reach via https://www.galatawindenerji.com/en/sustainability/un-sustainable-development-goals/material-sdgs
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A3.3. The lawsuits filed and/or concluded against the Company about ESG issues which are material in terms of ESG policies and/or will significantly affect the Company's activities, have been disclosed to the public.
X
This information is disclosed within the scope of the GRI Index in the appendix of our sustainability report.
You can download Galata Wind Enerji A.Ş. 2023 Sustainability Report via the corporate website https://www.galatawindenerji.com/en/sustainability/sustainability-management/sustainability-reports. Galata Wind 2022 Sustainability Report, Appendix 1, GRI Standards , Pages 114-154
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A4. Verification
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A4.1. The Company's Key ESG Performance metrics have been verified by an independent third party and publicly disclosed.
X
Galata Wind received independent verification in its 2023 Sustainability Report
Galata Wind Enerji A.Ş. 2023 Sustainability Report, Unaffiliated Declaraiton of Assurance, 163 You can download Galata Wind Enerji A.Ş. 2023 Sustainability Report via the corporate website https://www.galatawindenerji.com/en/sustainability/sustainability-management/sustainability-reports.
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B. ENVIRONMENTAL PRINCIPLES
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B1. The policies and practices, action plans, environmental management systems (known by the ISO 14001 standard) and programs have been disclosed.
X
Galata Wind has ISO 14001 Environmental Management System certification. Detailed information is available on the website. Its comprehensive performance is disclosed in the 2023 Sustainability Report.
Galata Wind Enerji A.Ş. 2023 Sustainability Report , Environmental Management System Pages 55,100 You can download Galata Wind Enerji A.Ş. 2023 Sustainability Report via the corporate website https://www.galatawindenerji.com/en/sustainability/sustainability-management/sustainability-reports Web site, Policies, Environmental Management System and ISO 14001 https://www.galatawindenerji.com/en/corporate-governance/policies
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B2. The environmental reports prepared to provide information on environmental management have been disclosed to the public which is inculiding the scope, reporting period, reporting date and limitations about the reporting conditions.
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Within the scope of the sustainability report for 2023, Galata Wind publishes all environmental data including three retrospective years
You can download Galata Wind Enerji A.Ş. 2023 Sustainability Report via the corporate website https://www.galatawindenerji.com/en/sustainability/sustainability-management/sustainability-reports Galata Wind 2022 Sustainability Report, Key Performance Index, Environment and Climate Change, Page 78-82
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B4. The environmental targets within the scope of performance incentive systems which included in the rewarding criteria have been disclosed to the public on the basis of stakeholders (such as members of the Board of Directors, managers and employees).
X
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B5. How the prioritised environmental issues have been integrated into business objectives and strategies has been disclosed.
X
Within the scope of the 2023 sustainability report, Galata Wind publishes all its environmental data, including three retrospective years. In addition, all environmental strategies, climate change policy and targets can also be accessed within the scope of the report.
You can download Galata Wind Enerji A.Ş. 2023 Sustainability Report via the corporate website https://www.galatawindenerji.com/en/sustainability/sustainability-management/sustainability-reports Galata Wind 2023 Sustainability Report, Key Performance Index, Environment and Climate Change, Pages 47-57; 78-82
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B7. The way of how environmental issues has been managed and integrated into business objectives and strategies throughout the Company's value chain, including the operational process, suppliers and customers has been disclosed.
X
Within the scope of the 2023 sustainability report, Galata Wind publishes all its environmental data, including three retrospective years. In addition, all environmental strategies, climate change policy and targets can also be accessed within the scope of the report.
You can download Galata Wind Enerji A.Ş. 2023 Sustainability Report via the corporate website https://www.galatawindenerji.com/en/sustainability/sustainability-management/sustainability-reports Galata Wind 2023 Sustainability Report, Key Performance Index, Environment and Climate Change, Page 78-82 Sustainable Supply Chain Management Performance, 95-96; Customers, 97
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B8. Whether the Company have been involved to environmental related organizations and non-governmental organizations' policy making processes and collabrations with these organizations has been disclosed.
X
Within the scope of the 2023 sustainability report, Galata Wind publishes all its environmental data, including three retrospective years. In addition, all environmental strategies, climate change policy and targets can also be accessed within the scope of the report.
You can download Galata Wind Enerji A.Ş. 2023 Sustainability Report via the corporate website https://www.galatawindenerji.com/en/sustainability/sustainability-management/sustainability-reports Galata Wind 2023 Sustainability Report, Environment and Climate Change, Pages 45-47 Stakeholder Engagement Platforms, 16-18; Stakeholder Engagement Strategy, 15; Climate Change and Environment, 47-57. Memberships and Collaborations via: https://www.galatawindenerji.com/en/sustainability/social-impact/memberships-and-collaborations
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B9. In the light of environmental indicators (Greenhouse gas emissions (Scope-1 (Direct), Scope-2 (Energy indirect), Scope-3 (Other indirect), air quality, energy management, water and wastewater management, waste management, biodiversity impacts)), information on environmental impacts is periodically disclosed to the public in a comparable manner.
X
Within the scope of the 2023 sustainability report, Galata Wind publishes all its environmental data, including three retrospective years. In addition, all environmental strategies, climate change policy and targets can also be accessed within the scope of the report.
Galata Wind 2023 Sustainability Report, Environment and Climate Change, Pages 47-57 Key Performance Indicators, Pages 78-82 You can download Galata Wind Enerji A.Ş. 2023 Sustainability Report via the corporate website https://www.galatawindenerji.com/en/sustainability/sustainability-management/sustainability-reports
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B10. Details of the standard, protocol, methodology, and baseline year used to collect and calculate data has been disclosed.
X
Galata Wind Enerji A.Ş. has published the data published within the scope of the 2023 Sustainability Report in accordance with international standards by including footnotes or necessary explanations. In calculations related to carbon emissions, the GHG methodology has been adhered to, while the data within the scope of the SASB Index have been calculated using the methods required by the standard and disclosed in footnotes.
Galata Wind 2023 Sustainability Report, About the Report, Page 12-13 You can download Galata Wind Enerji A.Ş. 2023 Sustainability Report via the corporate website https://www.galatawindenerji.com/en/sustainability/sustainability-management/sustainability-reports
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B11. The increase or decrease in Company's environmental indicators as of the reporting year has been comparatively disclosed with previous years.
X
Within the scope of the 2023 sustainability report, Galata Wind publishes all its environmental data, including three retrospective years. In addition, all environmental strategies, climate change policy and targets can also be accessed within the scope of the report.
Galata Wind 2023 Sustainability Report, Environment and Climate Change, Key Performance Indicators, Pages 78-82 You can download Galata Wind Enerji A.Ş. 2023 Sustainability Report via the corporate website https://www.galatawindenerji.com/en/sustainability/sustainability-management/sustainability-reports 2024 UN Sustainable Development Goals, via 2023 Sustainability Report, Page 10 UN Sustainable Development Golas Impact Areas Table https://www.galatawindenerji.com/en/sustainability/un-sustainable-development-goals/material-sdgs
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B12. The short and long-term targets for reducing the environmental impacts have been determined and the progress compared to previous years' targets has been disclosed.
X
Within the scope of the 2023 sustainability report, Galata Wind publishes all its environmental data, including three retrospective years. In addition, all environmental strategies, climate change policy and targets can also be accessed within the scope of the report.
Galata Wind 2023 Sustainability Report, Environment and Climate Change, Pages 47-57, Key Performance Indicators, Pages 78-82 You can download Galata Wind Enerji A.Ş. 2023 Sustainability Report via the corporate website https://www.galatawindenerji.com/en/sustainability/sustainability-management/sustainability-reports
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B13. A strategy to combat the climate crisis has been created and the planned actions have been publicly disclosed.
X
Within the scope of the 2023 sustainability report, Galata Wind publishes all its environmental data, including three retrospective years. In addition, all environmental strategies, climate change policy and targets can also be accessed within the scope of the report.
Galata Wind 2023 Sustainability Report, Environment and Climate Change, Pages 47-57, Key Performance Indicators, Pages 78-82 You can download Galata Wind Enerji A.Ş. 2023 Sustainability Report via the corporate website https://www.galatawindenerji.com/en/sustainability/sustainability-management/sustainability-reports
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B14. The programs/procedures to prevent or minimize the potential negative impact of products and/or services on the environment have been established and disclosed.
X
Our company pays particular attention to the fact that the projects to which it directs its investments also benefit the people of the region and promote economic and social development, and considers “social approval” as the most important part of its investment plans. In addition, Galata Wind makes the necessary planning in each phase of the invested projects to ensure that the interests of the society are taken into account throughout the life cycle of its activities and uses stakeholder dialog platforms accordingly. Galata Wind only invests in projects that generate energy from clean sources, primarily wind and solar.
Galata Wind 2023 Sustainability Report, Environment and Climate Change, Pages 47-57; Key Performance Indicators, Pages 78-82 You can download Galata Wind Enerji A.Ş. 2023 Sustainability Report via the corporate website https://www.galatawindenerji.com/en/sustainability/sustainability-management/sustainability-reports
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B14. The actions to reduce greenhouse gas emissions of third parties (suppliers, subcontractors, dealers, etc.) have been carried out and disclosed.
X
Galata Wind 2023 Sustainability Report, Environment and Climate Change, Pages 47-57, Environment and Climate Change Performance, Pages 78-82 You can download Galata Wind Enerji A.Ş. 2023 Sustainability Report via the corporate website https://www.galatawindenerji.com/en/sustainability/sustainability-management/sustainability-reports
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B15. The environmental benefits/gains and cost savings of initiatives/projects that aims reducing environmental impacts have been disclosed.
X
Galata Wind, which is fully engaged in renewable energy generation, prevents approximately 430 thousand tons of carbon emissions annually with its production with renewable energy sources.
Galata Wind Enerji A.Ş. 2024 Annual Report, Pages14
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B16. The data related to energy consumption (natural gas, diesel, gasoline, LPG, coal, electricity, heating, cooling, etc.) has been disclosed as Scope-1 and Scope-2.
X
Our power plants are equipped with advanced energy monitoring systems that enable us to closely monitor and manage energy consumption. Real-time data analysis helps us identify anomalies, implement corrective actions in a timely manner and optimize energy use. Our company is ISO 50001:2018 Energy Management System certified.
Galata Wind Enerji A.Ş. 2023 Sustainability Report,Energy Management, Page 55; Environment and Climate Change Performance, Pages 78-82 You can download Galata Wind Enerji A.Ş. 2023 Sustainability Report via the corporate website https://www.galatawindenerji.com/en/sustainability/sustainability-management/sustainability-reports
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B17. The information related to production of electricity, heat, steam and cooling as of the reporting year has been disclosed.
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Galata Wind operates exclusively in the electricity generation sector from renewable energy sources.
Galata Wind Enerji A.Ş. 2023 Sustainability Report, Climate Change Key Performance Indicators, Pages 78-82 You can download Galata Wind Enerji A.Ş. 2023 Sustainability Report via the corporate website https://www.galatawindenerji.com/en/sustainability/sustainability-management/sustainability-reports
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B18. The studies related to increase the use of renewable energy and transition to zero/low carbon electricity have been conducted and disclosed.
X
Galata Wind operates exclusively in the electricity generation sector from renewable energy sources. Galata Wind generates 100% renewable, environmentally friendly electricity, reducing approximately 430,000 tons of carbon emissions annually. Our goal is to increase our renewable installed capacity to 550MW by 2025 and to eliminate carbon emissions from our operations.
Galata Wind Enerji A.Ş. 2023 Sustainability Report, Sustainability Strategy, Page 3; Operational Data, Page 23; Financial Data, Page 24; Business Model and Value Chain, Page 30-31; Climate Change and Environment, Page 47-57 You can download Galata Wind Enerji A.Ş. 2023 Sustainability Report via the corporate website https://www.galatawindenerji.com/en/sustainability/sustainability-management/sustainability-reports
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B19. The renewable energy production and usage data has been publicly disclosed.
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Galata Wind operates exclusively in the electricity generation sector from renewable energy sources.
Galata Wind Enerji A.Ş. 2023 Sustainability Report, Climate Change Key Performance Indicators, Pages 78-82 You can download Galata Wind Enerji A.Ş. 2023 Sustainability Report via the corporate website https://www.galatawindenerji.com/en/sustainability/sustainability-management/sustainability-reports
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B20. The Company conducted projects about energy efficiency and the amount of reduction on energy consumption and emission achieved through these projects have been disclosed.
X
Galata Wind operates exclusively in the electricity generation sector from renewable energy sources.
Galata Wind Enerji A.Ş. 2023 Sustainability Report, Sustainability Strategy, Page 3; Operational Data, Page 23; Financial Data, Page 24; Business Model and Value Chain, Page 30-31; Climate Change and Environment, Page 47-57 You can download Galata Wind Enerji A.Ş. 2023 Sustainability Report via the corporate website https://www.galatawindenerji.com/en/sustainability/sustainability-management/sustainability-reports
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B21. The water consumption, the amount, procedures and sources of recycled and discharged water from underground or above ground (if any), have been disclosed.
X
As a renewable energy company, Galata Wind recognizes the importance of sustainable water management to minimize its environmental impact and ensure the responsible use of water resources. Galata Wind's water management strategy focuses on the conservation and efficient use of water at every stage of our operations.
Galata Wind Enerji A.Ş. 2023 Sustainability Report, Page 33, 47-57; 43-45; Risk Management Page 25-30; Environment and Climate Change Performance, Page 78-82 You can download Galata Wind Enerji A.Ş. 2023 Sustainability Report via the corporate website https://www.galatawindenerji.com/en/sustainability/sustainability-management/sustainability-reports
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B22. The information related to whether Company's operations or activities are included in any carbon pricing system (Emissions Trading System, Cap & Trade or Carbon Tax).
X
Since Galata Wind's power plants generate energy from renewable sources, they reduce carbon emissions to the atmosphere, and therefore can benefit from carbon trading in the category of carbon offset projects. Since Turkey does not have a binding target under the Kyoto Protocol, Galata Wind can operate in voluntary markets. The Company certifies its carbon credits with Gold Standard at Mersin WPP, Şah WPP, Taşpınar WPP, Çorum SPP and Erzurum/Aziziye SPP and with VCS at Erzurum/Hınıs SPP. It is publicly disclosed whether its operations or activities are included in any carbon pricing system (Emission Trading System, Cap & Trade or Carbon Tax).
Galata Wind Enerji A.Ş. 2024 Annual Report, Pages 43, 45,47
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B23. The information related to accumulated or purchased carbon credits within the reporting period has been disclosed.
X
Since Galata Wind's power plants generate energy from renewable sources, they reduce carbon emissions to the atmosphere, and therefore can benefit from carbon trading in the category of carbon offset projects. Since Turkey does not have a binding target under the Kyoto Protocol, Galata Wind can operate in voluntary markets. The Company certifies its carbon credits with Gold Standard at Mersin WPP, Şah WPP, Taşpınar WPP, Çorum SPP and Erzurum/Aziziye SPP, and with VCS at Erzurum/Hınıs SPP.
Galata Wind Enerji A.Ş. 2024 Annual Report, Pages 43, 45,47
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B24. If carbon pricing is applied within the Company, the details have been disclosed.
X
Since Galata Wind's power plants generate energy from renewable sources, they reduce carbon emissions to the atmosphere, and therefore can benefit from carbon trading in the category of carbon offset projects. Since Turkey does not have a binding target under the Kyoto Protocol, Galata Wind can operate in voluntary markets. The Company certifies its carbon credits with Gold Standard at Mersin WPP, Şah WPP, Taşpınar WPP, Çorum SPP and Erzurum/Aziziye SPP, and with VCS at Erzurum/Hınıs SPP.
Galata Wind Enerji A.Ş. 2023 Sustainability Report,Operational Data, Page 23; Financial Data, Page 24; Business Model, Page 50-52; Carbon Credit Sales, Carbon Offsetting, Page 51-52 You can download Galata Wind Enerji A.Ş. 2023 Sustainability Report via the corporate website https://www.galatawindenerji.com/en/sustainability/sustainability-management/sustainability-reports
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B25. The platforms where the Company discloses its environmental information have been disclosed.
X
Publicly disclosed its policies and practices, action plans, environmental management systems (known by the ISO 14001 standard) and programs in the field of environmental management.
Galata Wind 2023 Sustainability Report, Environment and Energy Management System, Page 55, Environment and Climate Change, Pages 47-57; Key Performance Indicators, Pages 78-82 You can download Galata Wind Enerji A.Ş. 2023 Sustainability Report via the corporate website https://www.galatawindenerji.com/en/sustainability/sustainability-management/sustainability-reports Web site policies, Environmental Management System and ISO 14001 https://www.galatawindenerji.com/en/corporate-governance/policies
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C. SOCIAL PRINCIPLES
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C1. Human Rights and Employee Rights
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C1.1. The Institutional Human Rights and Employee Rights Policy has been established in the ligh of the Universal Declaration of Human Rights, ILO Conventions ratified by Turkey and other relevant legislation. The policy and the officals that responsible for the implementation of it have been determined and disclosed.
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Galata Wind publishes its Human Rights Policy in its Sustainability Report and on its website. It aims to set our human rights priorities in 2024, guided by the United Nations Guiding Principles on Human Rights for Business.
Galata Wind 2023 Sustainability Report, Diversity, Equity, Inclusion, Page 61; Human Rights Management Approach, Pages 59-60 You can download Galata Wind Enerji A.Ş. 2023 Sustainability Report via the corporate website https://www.galatawindenerji.com/en/sustainability/sustainability-management/sustainability-reports Web site policies, Environmental Management System and ISO 14001 https://www.galatawindenerji.com/en/corporate-governance/policies
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C1.2. Considering the effects of supply and value chain, fair workforce, improvement of labor standards, women's employment and inclusion issues (gender, race, religion, language, marital status, ethnic identity, sexual orientation, gender identity, family responsibilities, union activities, political opinion, disability, social and cultural differences, etc., such as non-discrimination) are included in its policy on employee rights.
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Galata Wind 2023 Sustainability Report, Diversity, Equity, Inclusion, Page 61; Human Rights Management Approach, Pages 59-60; Human Rights in Supply Chain Management, Page 62; Sustainable Supply Chain Management, Pages 74-77 You can download Galata Wind Enerji A.Ş. 2023 Sustainability Report via the corporate website https://www.galatawindenerji.com/en/sustainability/sustainability-management/sustainability-reports
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C1.3. The measures taken for the minority rights/equality of opportunity or the ones who are sensitive about certain economic, environmental, social factors (low income groups, women, etc.) along the supply chain have been disclosed.
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In the sector in which we operate, we are committed to creating and maintaining a diverse workforce that reflects the society we live in with all its elements. We strive to create a work environment that will attract individuals from different backgrounds, including but not limited to race, ethnicity, gender, age, sexual orientation, religion, disability and socio-economic status, and to create a workforce that embodies these colors.
Galata Wind 2023 Sustainability Report, Diversity, Equity, Inclusion, Page 61; Human Rights Management Approach, Pages 59-60; Employees and Work Place Policies, Page 62; Community Engagement Programs, Page 70-74 You can download Galata Wind Enerji A.Ş. 2023 Sustainability Report via the corporate website https://www.galatawindenerji.com/en/sustainability/sustainability-management/sustainability-reports Web site policies https://www.galatawindenerji.com/en/corporate-governance/policies
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C1.4. The developments regarding preventive and corrective practices against discrimination, inequality, human rights violations, forced and child labor have been disclosed.
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In the sector in which we operate, we are committed to creating and maintaining a diverse workforce that reflects the society we live in with all its elements. We strive to create a work environment that will attract individuals from different backgrounds, including but not limited to race, ethnicity, gender, age, sexual orientation, religion, disability and socio-economic status, and to create a workforce that embodies these colors.
Galata Wind 2023 Sustainability Report, Diversity, Equity, Inclusion, Page 61; Human Rights Management Approach, Pages 59-60; You can download Galata Wind Enerji A.Ş. 2023 Sustainability Report via the corporate website https://www.galatawindenerji.com/en/sustainability/sustainability-management/sustainability-reports Web site policies https://www.galatawindenerji.com/en/corporate-governance/policies
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C1.5. Investments in employees (education, development policies), compensation, fringe benefits, right to unionize, work/life balance solutions and talent management are included in the employee rights policy.
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Galata Wind's main goal in Human Resources management is to be a company that its employees are happy and proud to be a part of. Recognizing that sustainable growth is only possible with employee loyalty, our Company aims to grow with fast, proactive, responsible and strategic thinking colleagues.
Galata Wind 2023 Sustainability Report, Employees, Page 62-70; Employees and Work Plce Perfromance, Pages 83-92; You can download Galata Wind Enerji A.Ş. 2023 Sustainability Report via the corporate website https://www.galatawindenerji.com/en/sustainability/sustainability-management/sustainability-reports Galata Wind declared its Employee Participation Policy to the public in 2024. Human Resources Policy, Compensation Policy, Wage Policy, Human Rights Policy can be found under web site policies https://www.galatawindenerji.com/en/corporate-governance/policies
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C1.5. The mechanism for employee complaints and resolution of disputes have been established and related solution processes have been determined.
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We are committed to establishing effective mechanisms to address human rights concerns and expectations raised by our employees, the community or other stakeholders. We will ensure that these mechanisms are accessible, confidential and impartial, and create new opportunities for continuous improvement.
Galata Wind 2023 Sustainability Report, Employee Dialogue and Whistleblowing Mechanisms Page 60; Internal Audit, Page 100; You can download Galata Wind Enerji A.Ş. 2023 Sustainability Report via the corporate website https://www.galatawindenerji.com/en/sustainability/sustainability-management/sustainability-reports
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C1.5. The activities carried out within the reporting period which related to ensure employee satisfaction have been disclosed.
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Our strategic priorities in this area include increasing the loyalty of qualified employees in the renewable energy sector to our company and contributing by monitoring the development and performance of the trained employee profile. It is among the most important priorities of our sector.
Galata Wind 2023 Sustainability Report, Employee Health and Safety Pages 63-65; Occupational Health And Safety Performance, Pages 83-92 You can download Galata Wind Enerji A.Ş. 2023 Sustainability Report via the corporate website https://www.galatawindenerji.com/en/sustainability/sustainability-management/sustainability-reports
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C1.6. The occupational health and safety policies have been established and disclosed.
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Galata Wind has renewed its ISO 45001:2018 Occupational Health and Safety (OHS) certificate, which covers all its power plants and head office since 2015, until 21.09.2024. In 2024, all certificates were renewed for 3 years.
Galata Wind 2023 Sustainability Report, Sustainability Perfromance and Material Issues Page 33;Employee Engagement Page 63-65; Employees and Work Environment, Page 93-94 You can download Galata Wind Enerji A.Ş. 2023 Sustainability Report via the corporate website https://www.galatawindenerji.com/en/sustainability/sustainability-management/sustainability-reports
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C1.6. The measures taken for protecting health, preventing occupational accidents and related statistics have been disclosed.
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Disclosed within the Sustainability Report.
Galata Wind 2023 Sustainability Report, Employees and Work Environment, Page 93-94 You can download Galata Wind Enerji A.Ş. 2023 Sustainability Report via the corporate website https://www.galatawindenerji.com/en/sustainability/sustainability-management/sustainability-reports
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C1.7. The personal data protection and data security policies have been established and disclosed.
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Galata Wind head office and all power plants have ISO 27001:2013 Information Security Management System certification.
Galata Wind 2023 Sustainability Report, Digitalization and Information Security Management, Page 77 You can download Galata Wind Enerji A.Ş. 2023 Sustainability Report via the corporate website https://www.galatawindenerji.com/en/sustainability/sustainability-management/sustainability-reports Personal Data Storage and Destruction Policy; Protection and Processing of Personal Data Policy https://www.galatawindenerji.com/en/corporate-governance/policies
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C1.8. The ethics policy have been established and disclosed.
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It is disclosed on the website and in the Sustainability Report.
Galata Wind 2023 Sustainability Report, Employees and Work Environment, Business Ethics and Compliance, Page 46 You can download Galata Wind Enerji A.Ş. 2023 Sustainability Report via the corporate website https://www.galatawindenerji.com/en/sustainability/sustainability-management/sustainability-reports
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C1.9. The studies related to social investment, social responsibility, finansal inclusivity and access to finance have been explained.
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Recognizing that stakeholder engagement is the cornerstone of sustainability, we completed our key stakeholder study in 2022. In this area, we regularly question the expectations of all our key stakeholders and come together with them on active dialogue platforms. We made social engagement programs sustainable with our volunteering platform, Positive Energy Ambassadors, and reached a total of 1470 volunteering hours with 35 employees in 2024. Galata Wind, the first company to have a green IPO with a collective portfolio consisting solely of wind and solar energy, acts with the strategy of becoming a leader and role model company in sustainability in the energy sector.
Community Engagement Program details are found in Galata Wind 2023 Sustainability Report. Sustainability Management Strategy, Page 3; Sustainability Materaility Index Page 14; Sustainability Management Page 43-45; Community Engagement Programs, Page 71-73; Policies, Page 45, Number of people participating in volunteering programmes, Page 92 You can download Galata Wind Enerji A.Ş. 2023 Sustainability Report via the corporate website https://www.galatawindenerji.com/en/sustainability/sustainability-management/sustainability-reports 2024 Annual Report, Community Engagement, 85-89, details of Positive Energy Ambassador Programmes are given in 2024 Annual Report, Page 86, and the number of Sustainability Trainings is given in 2024 Annual Report, Page 92. UN Sustainable Development Golas Impact Areas Table https://www.galatawindenerji.com/en/sustainability/un-sustainable-development-goals/material-sdgs
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C1.10. The informative meetings and training programs related to ESG policies and practices have been organized for employees.
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In 2024, various trainings on sustainability were organized in our company, including our power plants. Details of the trainings will be disclosed in the 2024 Sustainability Report.
Galata Wind 2023 Sustainability Report, Environmental Management, Page 43-45; Environment and Climate Change Performance, Trainings, Page 82 You can download Galata Wind Enerji A.Ş. 2023 Sustainability Report via the corporate website https://www.galatawindenerji.com/en/sustainability/sustainability-management/sustainability-reports
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C2. Stakeholders, International Standards and Initiatives
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C2.1. The customer satisfaction policy regarding the management and resolution of customer complaints has been prepared and disclosed.
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Galata Wind implements and manages the ISO 9001 Quality Management System in all its processes. Accordingly, the Company's processes related to customer complaint management are regularly audited every year during the certification audit. The related issue is also disclosed in the Annual Report. Regional Distribution Companies that pay with purchase guarantee (YEKDEM) for SPPs, EPIAS, the market operator that pays with purchase guarantee for WPPs, and the retail electricity company where generation that is not in this scope is sold through bilateral agreements can be considered as “customers” by Galata Wind. In 2024, Galata Wind defined a Customer Satisfaction Policy and obtained the ISO 10002 Customer Satisfaction Certificate. Galata Wind defined a Customer Satisfaction Policy and obtained ISO 10002 Customer Satisfaction Certificate in 2024.
Galata Wind 2023 Sustainability Report, Customers, Page 47; Index Page 114-155 You can download Galata Wind Enerji A.Ş. 2023 Sustainability Report via the corporate website https://www.galatawindenerji.com/en/sustainability/sustainability-management/sustainability-reports You can reach Customer Satisfaciton Policy and ISO 1002 Certificate via https://www.galatawindenerji.com/en/corporate-governance/policies
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C2.2. The information about the communication with stakeholders (which stakeholder, subject and frequency) have been disclosed.
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In line with its sustainability strategy, Galata Wind makes decisions that will benefit the company and all its stakeholders and takes actions to improve its performance by evaluating the feedback of its stakeholders. Galata Wind's stakeholder engagement strategy is built on a structure that is sustained within the “ask, learn, respond” cycle, open to continuous learning, monitors areas of improvement, and integrates the preliminary assessments of stakeholders affected by the decisions taken into the decision-making processes. Galata Wind's key stakeholders were identified in 2022 using the methodology recommended by the AA1000SES standard. The stakeholder engagement strategy and stakeholder engagement platforms were disclosed in the 2023 Sustainability Report. More detailed information about the company's platforms for dialog with stakeholders and Galata Wind's response to these issues can be found in the Stakeholder Engagement section of the website.
Galata Wind 2023 Sustainability Report, Stakeholder Engagement Platforms, Page 15-18 You can download Galata Wind Enerji A.Ş. 2023 Sustainability Report via the corporate website https://www.galatawindenerji.com/en/sustainability/sustainability-management/sustainability-reports Web Site https://www.galatawindenerji.com/en/sustainability/governance/stakeholder-engagement
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C2.3. The international reporting standards that adopted in reporting have been explained.
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Galata Wind Enerji A.Ş.'s 2022 Sustainability Report is the first report published and publicly disclosed in this field. Galata Wind continued to use the GRI Standards 2021 framework when disclosing 2023 data, as it is the most widely used reporting standard in the world. SASB sectoral indicators, European Union Corporate Sustainability Due Diligence (Duty of Care) Directive (CSDD)3, IFRS S1 and S2 (General Requirements for Disclosure of Sustainability-Related Financial Information and Climate-related Disclosures), CSRD (Corporate Sustainability Reporting Directive) and TSRS (Turkish Sustainability Reporting Standards) requirements and expectations were also taken into consideration during the materiality study. Our Company, which closely monitors all draft studies of the European Commission, has also included a risk and opportunity study in the report. This was disclosed in the 2023 Sustainability report.
Galata Wind 2023 Sustainability Report, About the Report, Page 12-13 You can download Galata Wind Enerji A.Ş. 2023 Sustainability Report via the corporate website https://www.galatawindenerji.com/en/sustainability/sustainability-management/sustainability-reports
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C2.4. The principles adopted regarding sustainability,the signatory or member international organizations, committees and principles have been disclosed.
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Galata Wind is a member of associations that have a say in the sector in which it operates. Through these associations, Galata Wind expresses its opinion on changes and improvements in the sector and can be a pioneer. It also has the opportunity to meet with other sector stakeholders on a common platform and share information and experience by holding meetings. With its memberships in TÜREB, EÜD, GÜYAD, GÜNDER, ETD, DEK, YEYKAD, Galata Wind also follows the developments in Turkey and the world in the wind and solar fields first hand. Galata Wind is a member and signatory of UNGC. With its memberships in TKYD and TUYID, it aims to carry its commitment to corporate governance principles and its relations with its investors to higher levels. Galata Wind is a UNGC signatory and a member of UNGC Turkey Association. With its memberships in BCSD and Yuvam Association, it strives to support sustainable development by tangibly increasing its environmental and social impact investment on society and the planet.
Galata Wind 2023 Sustainability Report, About the Report, Page 12-13 You can download Galata Wind Enerji A.Ş. 2023 Sustainability Report via the corporate website https://www.galatawindenerji.com/en/sustainability/sustainability-management/sustainability-reports Web Site https://www.galatawindenerji.com/en/sustainability/social-impact/memberships-and-collaborations
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C2.5. The improvements have been made and studies have been carried out in order to be included in the Borsa Istanbul sustainability indices and/or international index providers.
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Galata Wind Enerji A.Ş. Our company was included in the BIST Sustainability Index as of the first quarter of 2023 and published its second sustainability report in international standards.
2024 Annual Report, 68
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D. CORPORATE GOVERNANCE PRINCIPLES
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D1. The opinions of stakeholders have been sought in the determination of measures and strategies related to sustainability field.
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Galata Wind's sustainability management strategy is formed in line with the material focus areas realized with a focus on stakeholder engagement. The stakeholder engagement approach, which centers on questioning the social, environmental and economic expectations of key stakeholders and being responsive to these expectations in an appropriate manner, is also monitored by the working group and regularly reported to the Sustainability Committee. The transparency principle of Stakeholder Engagement management is ensured through stakeholder dialog platforms, the sustainability website and reporting.
Galata Wind 2023 Sustainability Report, Stakeholder Engagement Strategy, Page 15-16 You can download Galata Wind Enerji A.Ş. 2023 Sustainability Report via the corporate website https://www.galatawindenerji.com/en/sustainability/sustainability-management/sustainability-reports Web Site https://www.galatawindenerji.com/en/sustainability/governance/stakeholder-engagement
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D2. The social responsibility projects, awareness activities and trainings have been carried out to raise awareness about sustainability and its importance.
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Galata Wind conducts community engagement programs to increase its investment in the environmental and social impact of its business activities on society and the planet. The active participation of employees, awareness and sustainability trainings are seen as an important part of social development. 2023 Sustainability Report describes the Community Engagement Programs. To ensure the active participation of employees, the Company launched the Positive Energy Ambassadors program. Positive Energy Ambassadors support Galata Wind to increase its social participation performance by conducting social awareness-centered activities in four areas: equal opportunity in education, gender equality, protection of the ecological environment and animal rights. In 2024, 35 employees actively participated in the volunteering program and contributed a total of 1290 hours to various initiatives. In 2024, the Company organized Sustainability trainings at the sites and head office. Details of the trainings organized will be disclosed in the 2024 Sustainability Report.
Community Engagement Program details are found in Galata Wind 2023 Sustainability Report. Sustainability Management Strategy, Page 3; Sustainability Materaility Index Page 14; Sustainability Management Page 43-45; Community Engagement Programs, Page 71-73; Policies, Page 45, Number of people participating in volunteering programmes, Page 92 You can download Galata Wind Enerji A.Ş. 2023 Sustainability Report via the corporate website https://www.galatawindenerji.com/en/sustainability/sustainability-management/sustainability-reports 2024 Annual Report, Community Engagement, 85-89, details of Positive Energy Ambassador Programmes are given in 2024 Annual Report, Page 86, and the number of Sustainability Trainings is given in 2024 Annual Report, Page 92. UN Sustainable Development Golas Impact Areas Table https://www.galatawindenerji.com/en/sustainability/un-sustainable-development-goals/material-sdgs