[CONSOLIDATION_METHOD_TITLE] [CONSOLIDATION_METHOD]
Related Companies
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Related Funds
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Company Compliance Status
Explanation
Report Information on Publicly Disclosed Information (Page number, menu name on the website)
Yes
Partial
No
Not Applicable
oda_SustainabilityComplianceReportAbstract|
Sustainability Compliance Report
oda_GeneralPrinciplesAbstract|http://www.mkk.com.tr/2015/role/CapsLockLabel
A. GENERAL PRINCIPLES
oda_StrategyPolicyGoalsSubAbstract|http://www.xbrl.org/2003/role/verboseLabel
A1. Strategy, Policy and Goals
oda_EsgIssuesRisksOpportunitiesDeterminedByBoard|http://www.xbrl.org/2003/role/verboseLabel
A1.1. The prioritised environmental, social and corporate governance (ESG) issues, risks and opportunities have been determined by the Company's Board of Directors.
X
The Company ascertains ESG priority matters, risks and opportunities by means of the "Corporate Sustainability Policy", "Climate Change and Environmental Policy" and "Diversity and Equal Opportunity Policy". Also, the relevant risks and opportunities are periodically considered by the Committee of Early Detection of Risk and Corporate Governance Committee.
https://www.akisgyo.com/annual-reports https://www.akisgyo.com/policies
oda_EsgPoliciesCreatedDisclosedToPublicByBoard|http://www.xbrl.org/2003/role/verboseLabel
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.
X
The Company implements "Environmental", "Social" and "Administrative" policies in relation to which information is provided internally. The policies are adopted through a Board resolution and disclosed to the public on the corporate website. A number of policies such as Corporate Sustainability Policy, Climate Change and Environmental Policy, Diversity and Equal Opportunity Policy, Compensation Policy, Management Level and Senior Management Remuneration Policy and Ethics Policy are available on our website. Information is provided about certain policies (such as HR policy) in the Annual Report, as well.
https://www.akisgyo.com/policies
oda_ShortAndLongTermTargetsSetWithinTheScopeOfEsgPoliciesDisclosed|http://www.xbrl.org/2003/role/verboseLabel
A1.2. The short and long-term targets set within the scope of ESG policies have been disclosed to the public.
X
The Company determined its short- and long-term objectives related to its ESG policies along with the Sustainability Report published in 2022 and duly disclosed them to the public.
https://www.akisgyo.com/sustainability-reports
oda_ImplementationMonitoringSubAbstract|http://www.xbrl.org/2003/role/verboseLabel
A2. Implementation/Monitoring
oda_CommitteesUnitsResponsibleForImplementationOfEsgPoliciesAndSeniorOfficialsAndDutiesIdentified|http://www.xbrl.org/2003/role/verboseLabel
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
Sustainability matters are evaluated by the Corporate Governance Committee as this has been disclosed to the public by means of the policies. Also, the Committee of Early Detection of Risk may conduct assessments periodically on ESG matters. Sustainability efforts are conducted with the support of different departments and in addition, an internal sustainability team has been constituted.
https://www.akisgyo.com/annual-reports https://www.akisgyo.com/sustainability-reports https://www.akisgyo.com/policies
oda_ActivitiesCarriedOutByResponsibleCommitteeUnitReportedToTheBoardOfDirectors|http://www.xbrl.org/2003/role/verboseLabel
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 Corporate Governance Committee that is responsible for Sustainability under ESG matters and the Committee of Early Detection of Risk that makes periodic assessments in relation to such matters provide necessary information by means of the resolutions made and reports presented to the Board of Directors.
https://www.akisgyo.com/annual-reports
oda_EsgTargetsImplementationAndActionPlansCreatedAndDisclosed|http://www.xbrl.org/2003/role/verboseLabel
A2.2. In line with the ESG targets, the implementation and action plans have been formed and disclosed to the public.
X
The Company determined its short- and long-term objectives related to its ESG policies under the Sustainability Report and CDP Report published in 2022 and they were duly disclosed to the public by means of those reports. Also, the company has implementation and action plans related to various matters that fall under the scope of ESG.
https://www.akisgyo.com/sustainability-reports https://www.akisgyo.com/CDP-reports
oda_EsgKeyPerformanceIndicatorsAndLevelOfReachingTheseIndicatorsDisclosed|http://www.xbrl.org/2003/role/verboseLabel
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
The Company has disclosed some of the year-to-year key performance indicators comparatively by means of Sustainability Reports and will continue to make the relevant disclosures in the upcoming period. Data collection process is ongoing for the report to be issued for the year 2022.
https://www.akisgyo.com/sustainability-reports
oda_ActivitiesToImproveSustainabilityPerformanceDisclosed|http://www.xbrl.org/2003/role/verboseLabel
A2.4. The activities for improving the sustainability performance of the business processes or products and services have been disclosed to the public.
X
The Company makes continuous improvements under its corporate strategy in relation to environmental business processes. Some of those improvements are disclosed to the public through various platforms. In addition, the company evaluates several innovation efforts related to social and administrative policies and discloses the relevant activities to the public to the extent they are deemed necessary. On the other hand, similar information is disclosed to the entity undertaking activities to ascertain the Corporate Governance Rating score and it should be noted that the company takes the lead in its industry as it continuously improves its Corporate Governance Rating score.
https://www.akisgyo.com/annual-reports https://www.akisgyo.com/sustainability-reports
oda_ReportingSubAbstract|http://www.xbrl.org/2003/role/verboseLabel
A3. Reporting
oda_InformationAboutTheSustainabilityPerformanceTargetsAndActionsGivenInAnnualReports|http://www.xbrl.org/2003/role/verboseLabel
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
The Company discloses its performance, actions and objectives to the public by means of the Annual Report, Sustainability Report and CDP Report. It will continue to do the same in the upcoming periods.
https://www.akisgyo.com/annual-reports https://www.akisgyo.com/sustainability-reports https://www.akisgyo.com/CDP-reports
oda_InformationAboutActivitiesWhichAreRelatedToUnDevelopmentGoalsDisclosed|http://www.xbrl.org/2003/role/verboseLabel
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
The Company provides information about the relevance of its activities with the United Nations 2030 Sustainable Development Goals through the Sustainability Report and Sustainability tab in its website.
https://www.akisgyo.com/sustainability-reports https://www.akisgyo.com/sustainability-approach
oda_LawsuitsFiledConcludedAboutEsgIssuesMaterialInTermsOfEsgPoliciesWillSignificantlyAffectCompanyActivitiesDisclosed|http://www.xbrl.org/2003/role/verboseLabel
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
Where the company is subject to litigations based on the Corporate Governance and other binding communiqués under the CMB practices, they are disclosed on PDP followed with the disclosure on our corporate website. The company will also disclose litigations which may be filed in relation to other matters if they are material and significant enough to affect financial statements and require disclosure.
https://www.akisgyo.com/2022-yili-ozel-durum-aciklamalari
oda_VerificationSubAbstract|http://www.xbrl.org/2003/role/verboseLabel
A4. Verification
oda_CompanyKeyEsgPerformanceMetricsVerifiedByIndependentThirdpartyAndDisclosed|http://www.xbrl.org/2003/role/verboseLabel
A4.1. The Company's Key ESG Performance metrics have been verified by an independent third party and publicly disclosed.
X
The Company makes sustainability performance measurements using its own data and discloses them to the public. Some of the data can be confirmed and measured by third party service providers. The management may, at its discretion, outsource verification service from independent third parties in the upcoming periods.
https://www.akisgyo.com/annual-reports https://www.akisgyo.com/sustainability-reports
oda_EnvironmentalPrinciplesAbstract|http://www.mkk.com.tr/2015/role/CapsLockLabel
B. ENVIRONMENTAL PRINCIPLES
oda_PoliciesAndPracticesActionPlansEnvironmentalManagementSystemsAndProgramsDisclosed|http://www.xbrl.org/2003/role/verboseLabel
B1. The policies and practices, action plans, environmental management systems (known by the ISO 14001 standard) and programs have been disclosed.
X
Akyaşam Yönetim Hizmetleri, a subsidiary of the company which manages the malls it owns, has been awarded ISO 14001 and ISO 50001 certificates. Also, a number of environmental policies and standards were adopted through internal regulations, some of which were disclosed to the public. In addition, it has secured Green Check certificate, a certification program developed for verifying and encouraging green commitments and achievements of enterprises as part of their sustainable business practices.
https://www.akisgyo.com/annual-reports https://www.akisgyo.com/sustainability-reports https://www.akisgyo.com/sustainability-certificates
oda_EnvironmentalReportsDisclosedToThePublicInculidingScopeReportingPeriodReportingDateAndLimitationsAboutReportingConditions|http://www.xbrl.org/2003/role/verboseLabel
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.
X
The chapters dedicated to environment in the Sustainability Report contains detailed information including limitations of the report, reporting period, date of issue, data collection process and restrictions related to the reporting conditions.
https://www.akisgyo.com/sustainability-reports
oda_EnvironmentalTargetsWithinTheScopeOfPerformanceIncentiveSystemsWhichIncludedInTheRewardingCriteriaDisclosedOnTheBasisOfStakeholders|http://www.xbrl.org/2003/role/verboseLabel
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
The company discloses some of the data related to sustainability for tenants and visitors to whom it renders services in its properties and performs activities and collaborations on supports that might be provided to shareholders with a view to improving those matters. Akasya Mall collaborated with BinBin Scooter in order to reduce carbon footprint by encouraging its visitors to use electric vehicles in 2021 and 2022. A fast charging station was set up in collaboration with E-Şarj and BMW Borusan. Another collaborative project was undertaken with H&M, one of the tenants, in order to place recycling bins at Akasya Mall and Akbatı Mall locations. In 2022, totally 2000 kg products were collected in Akasya and Akbatı malls thanks to “Take Care” project in 2022. Our Malls were the first to receive Green Check Certificate, a certification program developed for verifying and encouraging our green commitments as part of our sustainable business practices. We launched an awarded suggestion system, “I Found Something Different”, to increase awareness and maximize contributions of the employees of our business partners. Having installed water saving batteries in restrooms of the malls, we were able to save 10% water in comparison to 2021. Besides, we replaced all lighting fittings with LED technology in our Malls which allowed Akbatı and Akasya to save 8% electricity in comparison to 2021. A "Sustainability Team" was created to work actively on ESG matters. In 2022, 6 projects were conducted with the help of volunteers.
https://www.akisgyo.com/annual-reports https://www.akisgyo.com/sustainability-reports
oda_HowPrioritisedEnvironmentalIssuesIntegratedIntoBusinessObjectivesStrategiesDisclosed|http://www.xbrl.org/2003/role/verboseLabel
B5. How the prioritised environmental issues have been integrated into business objectives and strategies has been disclosed.
X
The Company discloses how environmental issues are integrated into business objectives and strategies through efforts such as Corporate Sustainability Policy, Climate Change and Environmental Policy, and Sustainability Report.
https://www.akisgyo.com/sustainability-reports https://www.akisgyo.com/policies
oda_HowEnvironmentalIssuesManagedIntegratedIntoBusinessObjectivesStrategiesByTheCompanysValueChainIncludingOperationalProcessSuppliersCustomersDisclosed|http://www.xbrl.org/2003/role/verboseLabel
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
Regarding the policies and objectives concerning our suppliers and customers, we share objectives compatible with our environmental management policy with all business partners and execute the appended form (EK.pdf) with them.
https://www.akyasam.com.tr/pdf/CevrePolitikasi_v3.pdf https://www.akyasam.com.tr/pdf/Satinalma_Proseduru_v3.pdf
oda_WhetherCompanyInvolvedEnvironmentalRelatedOrganizationsNonGovernmentalOrganizationsPolicyMakingProcessesCollabrationsDisclosed|http://www.xbrl.org/2003/role/verboseLabel
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
The company engages in environmental policy creations by means of its employees and discloses to the public its memberships in organizations focusing on Sustainability in environmental and general terms and the NGOs with which it collaborates in addition to the activities supported by the company.
https://www.akisgyo.com/annual-reports https://www.akisgyo.com/sustainability-reports
oda_CompanyComparativelyReportedInformationEnvironmentalImpactsWithinEnvironmentalIndicatorsPeriodically|http://www.xbrl.org/2003/role/verboseLabel
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
The company prepares monthly data about environmental indicators and discloses the relevant data to the public by means of the Sustainability Report and Carbon Footprint Report.
https://www.akisgyo.com/sustainability-reports https://www.akisgyo.com/carbon-footprint-reports
oda_DetailsOfTheStandardProtocolMethodologyBaselineYearUsedCollectCalculateDataDisclosed|http://www.xbrl.org/2003/role/verboseLabel
B10. Details of the standard, protocol, methodology, and baseline year used to collect and calculate data has been disclosed.
X
The company ensures that the standards, protocols, methodologies, and base-year particulars used for collecting and calculating data are disclosed under the Sustainability Report, Carbon Footprint Report and CDP Report to the extent necessary.
https://www.akisgyo.com/CDP-reports https://www.akisgyo.com/sustainability-reports https://www.akisgyo.com/carbon-footprint-reports
oda_IncreaseDecreaseEnvironmentalIndicatorsComparativelyDisclosed|http://www.xbrl.org/2003/role/verboseLabel
B11. The increase or decrease in Company's environmental indicators as of the reporting year has been comparatively disclosed with previous years.
X
The company discloses environmental indicators in comparison with the previous years by means of the Sustainability Report, CDP Report and Carbon Footprint Report.
https://www.akisgyo.com/CDP-reports https://www.akisgyo.com/sustainability-reports https://www.akisgyo.com/carbon-footprint-reports
oda_ShortLongTermTargetsReducingEnvironmentalImpactsDeterminedTheProgressComparedToPreviousYearsDisclosed|http://www.xbrl.org/2003/role/verboseLabel
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
The company determined its short- and long-term objectives related to ESG policies and disclosed them to the public by means of the Sustainability Report which was published in 2022.
https://www.akisgyo.com/sustainability-reports
oda_StrategyCombatClimateCrisisCreatedPlannedActionsDisclosed|http://www.xbrl.org/2003/role/verboseLabel
B13. A strategy to combat the climate crisis has been created and the planned actions have been publicly disclosed.
X
The company has disclosed its strategy to fight climate crisis under the Corporate Sustainability Policy and Climate Change and Environmental Policy. Also, the company regularly performs studies, assessments and consumption reducing practices related to energy consumption and carbon release and discloses the relevant information to the public by means of the Sustainability Report and CDP Report. The company completed the footprint measurement studies and reported the results for the first time in 2021. The relevant report will be prepared in 2022, as well.
https://www.akisgyo.com/CDP-reports https://www.akisgyo.com/sustainability-reports https://www.akisgyo.com/policies
oda_ProgramsProceduresToPreventMinimizePotentialNegativeImpactOfProductsServicesOnTheEnvironmentEstablishedAndDisclosed|http://www.xbrl.org/2003/role/verboseLabel
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
The company embraced Sustainability concept as one of its priorities in 2019 and since then, it has made efforts and collaborations about a series of programs to minimize the negative environmental impacts arising from the products and services it currently provides in addition to transportation to and from its properties. It will keep disclosing the projects which go live to the public by means of the Sustainability Reports. The company uses renewable energy in the offices and common spaces in Akasya and Akbatı with a view to reducing power consumption. Also, we have entered into a number of collaborations to reduce the greenhouse gas emissions arising from transportation of our visitors to the malls. The malls are equipped with charging stations for electric vehicles and stations for scooters
https://www.akisgyo.com/sustainability-reports
oda_ActionsToReduceGreenhouseGasEmissionsOfThirdPartiesCarriedOutAndDisclosed|http://www.xbrl.org/2003/role/verboseLabel
B14. The actions to reduce greenhouse gas emissions of third parties (suppliers, subcontractors, dealers, etc.) have been carried out and disclosed.
X
The company embraced Sustainability concept as one of its priorities in 2019 and since then, it has made efforts and collaborations about a series of programs to minimize the negative environmental impacts arising from the products and services it currently provides in addition to transportation to and from its properties. It will keep disclosing the projects which go live to the public by means of the Sustainability Reports. The company uses renewable energy in the offices and common spaces in Akasya and Akbatı with a view to reducing power consumption. Also, we have entered into a number of collaborations to reduce the greenhouse gas emissions arising from transportation of our visitors to the malls. The malls are equipped with charging stations for electric vehicles and stations for scooters.
https://www.akisgyo.com/sustainability-reports
oda_EnvironmentalBenefitsGainsCostSavingsOfInitiativesProjectsAimsReducingEnvironmentalImpactsDisclosed|http://www.xbrl.org/2003/role/verboseLabel
B15. The environmental benefits/gains and cost savings of initiatives/projects that aims reducing environmental impacts have been disclosed.
X
The company takes actions on a number of matters such as disposal of wastes, minimization of environmental impacts, transportation of recyclable materials to its source and it will keep disclosing those actions, to the extent deemed necessary, along with the environmental benefits/gains and cost savings to the public by means of the Sustainability Report and CDP Report to be issued for the relevant year.
https://www.akisgyo.com/CDP-reports https://www.akisgyo.com/sustainability-reports
oda_DataRelatedToEnergyConsumptionDisclosed|http://www.xbrl.org/2003/role/verboseLabel
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
The company prepares power consumption data on a monthly basis and discloses them to the public by means of the Sustainability Report, CDP Report and Carbon Footprint Report.
https://www.akisgyo.com/CDP-reports https://www.akisgyo.com/sustainability-reports https://www.akisgyo.com/carbon-footprint-reports
oda_InformationRelatedToProductionOfElectricityHeatSteamCoolingDisclosed|http://www.xbrl.org/2003/role/verboseLabel
B17. The information related to production of electricity, heat, steam and cooling as of the reporting year has been disclosed.
X
The company prepares power consumption data on a monthly basis and discloses them to the public by means of the Sustainability Report, CDP Report and Carbon Footprint Report.
https://www.akisgyo.com/CDP-reports https://www.akisgyo.com/sustainability-reports https://www.akisgyo.com/carbon-footprint-reports
oda_StudiesRelatedToIncreaseUseOfRenewableEnergyAndTransitionToZeroLowCarbonElectricityConductedAndDisclosed|http://www.xbrl.org/2003/role/verboseLabel
B18. The studies related to increase the use of renewable energy and transition to zero/low carbon electricity have been conducted and disclosed.
X
Akiş REIT recognizes the importance of sustainability and takes actions to that end. In order to expand renewable energy investment and use in its malls, the company received I-REC International Renewable Energy Certificate granted by IRECS International. In that respect, renewable energy is used in Akasya and Akbatı offices and common spaces. Carbon footprint was measured for the first time in 2021 and both the report and information about the report are available in the corporate website. Good practices were performed in 2022, as well.
https://www.akisgyo.com/CDP-reports https://www.akisgyo.com/sustainability-reports https://www.akisgyo.com/carbon-footprint-reports https://www.akisgyo.com/sustainability-certificates
oda_RenewableEnergyProductionAndUsageDataPubliclyDisclosed|http://www.xbrl.org/2003/role/verboseLabel
B19. The renewable energy production and usage data has been publicly disclosed.
X
The company uses renewable energy in its head offices as well as the common spaces of the malls that it currently owns or operates by means of its subsidiaries.
https://www.akisgyo.com/sustainability-reports https://www.akisgyo.com/carbon-footprint-reports https://www.akisgyo.com/CDP-reports
oda_CompanyConductedProjectsAboutEnergyEfficiencyAndAmountOfReductionOnEnergyConsumptionEmissionAchievedDisclosed|http://www.xbrl.org/2003/role/verboseLabel
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
The company undertakes energy efficiency projects and will keep disclosing the amount of reduction in energy consumption and emission as a result of those projects by means of the Sustainability Report, CDP Report and Carbon Footprint Report.
https://www.akisgyo.com/sustainability-reports https://www.akisgyo.com/carbon-footprint-reports https://www.akisgyo.com/CDP-reports
oda_WaterConsumptionTheAmountProceduresSourcesOfRecycledAndDischargedWaterFromUndergroundOrAboveGroundDisclosed|http://www.xbrl.org/2003/role/verboseLabel
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
The company will keep disclosing the reduction in water consumption achieved through storage of recycled water and rain waters by means of the Sustainability Report.
https://www.akisgyo.com/sustainability-reports
oda_InformationRelatedCompanysOperationsActivitiesAreIncludedInCarbonPricingSystemDisclosed|http://www.xbrl.org/2003/role/verboseLabel
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
The corporate operations or activities are not part of any carbon pricing system (Emission Trade System, Cap & Trade or Carbon Tax).
https://www.akisgyo.com/annual-reports
oda_InformationRelatedToAccumulatedPurchasedCarbonCreditDisclosed|http://www.xbrl.org/2003/role/verboseLabel
B23. The information related to accumulated or purchased carbon credits within the reporting period has been disclosed.
X
The company performs activities in relation to the carbon credit which may be accumulated or acquired. If concluded, the relevant information will be disclosed to the public by means of the Sustainability Report.
https://www.akisgyo.com/sustainability-reports https://www.akisgyo.com/annual-reports
oda_IfCarbonPricingAppliedDetailsDisclosed|http://www.xbrl.org/2003/role/verboseLabel
B24. If carbon pricing is applied within the Company, the details have been disclosed.
X
Currently, the company does not perform carbon pricing.
https://www.akisgyo.com/sustainability-reports https://www.akisgyo.com/annual-reports
oda_ThePlatformsWhereTheCompanyDisclosesEnvironmentalInformationDisclosed|http://www.xbrl.org/2003/role/verboseLabel
B25. The platforms where the Company discloses its environmental information have been disclosed.
X
The company shares its Sustainability Report, which is an annual progress report created under the requirements of the UN Global Compact membership, by disclosing the same to the public. In addition, as a public company, it is obliged to disclose to the public applications filed for projects such as EID reports etc., if any. The company also prepares CDP and Carbon Footprint Reports.
https://www.akisgyo.com/sustainability-reports https://www.akisgyo.com/carbon-footprint-reports https://www.akisgyo.com/CDP-reports https://www.akisgyo.com/annual-reports
oda_SocialPrinciplesAbstract|http://www.mkk.com.tr/2015/role/CapsLockLabel
C. SOCIAL PRINCIPLES
oda_HumanRightsEmployeeRightsSubAbstract|http://www.xbrl.org/2003/role/verboseLabel
C1. Human Rights and Employee Rights
oda_InstitutionalHumanRightsAndEmployeeRightsPolicyEstablishedThePolicyAndTheOfficalsDeterminedDisclosed|http://www.xbrl.org/2003/role/verboseLabel
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.
X
The Corporate Personnel Regulation has been drafted in line with the principles introduced through the Labor Code no. 4857 which was enacted in 2003 and covers the policies and principles to be applicable for all processes from hiring to termination of employees. Having been introduced in 2011, the Personnel Regulation was revised in 2017 in order to reflect the updates in the Labour Code as well as the changes arising from technological developments and applicable provisions of the Occupational Health and Safety Code, Turkish Obligations Code, and Personal Data Protection Act. The Human Resources policy of the Company is indicated in Chapter 4 Stakeholders of the Annual Report for 2022.
https://www.akisgyo.com/policies
oda_EmployeeRightsPolicyIncludesFairWorkforceImprovementOfWorkingStandardsWomenEmploymentAndInclusivity|http://www.xbrl.org/2003/role/verboseLabel
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.
X
The "Diversity and Equal Opportunity Policy" is available in the corporate website. Also, these matters are elaborated in the Personnel Regulation and Human Resources policies. The company takes measures to guarantee non-discrimination among employees as to race, religion, language and gender. Employees attended Gender Equality training in 2022. Akiş REIT became the first company to be awarded the “Equal Woman in Business” Certificate in real estate industry following the independent audit performed in collaboration with the Sustainability Academy and Intertek, a British audit company. 44% of the Board of Directors of Akiş REIT is comprised of female employees. Women comprise 50% of Akiş REIT Senior Management, 33% of Management (officer and manager), and 44% of the overall workforce. The average age of female employees is 39 while the average age of male employees is 40. At Akyaşam, women comprise 41% of the management staff and 25% of the overall workforce. Women account for 38% of the employees of the sub- contractors. The average age of female employees is 39 while the average age of male employees is 36 in those sub-contractors.
https://www.akisgyo.com/annual-reports https://www.akisgyo.com/sustainability-reports
oda_MeasuresTakenForMinorityRightsEqualityOfOpportunityOrTheOnesSensitiveAboutCertainEconomicEnvironmentalSocialFactorsAlongTheSupplyChainDisclosed|http://www.xbrl.org/2003/role/verboseLabel
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.
X
Akiş REIT continued to provide its shareholders a number of training and development opportunities especially in relation to equal opportunity in 2022. The company organized Magical Sharing Training Program comprised of 8 modules on effective decision making, problem solving and stress management for Technical and Operations Departments. 46 employees attended the training which took 32 hours. As for the training conducted for consultant teams, totally 16 trainees attended the training which took 45 hours. In 2022, each of the female employees attended 29.3 hours of training. In addition to training and development practices, Akyaşam launched I FOUND SOMETHING DIFFERENT!- SUGGESTION SYSTEM in order to hear the suggestions of sub-contractor employees in July 2022. Also, the company launched the Reverse Mentorship program with a view to empowering young employees who shall be the leaders of the future under which young employees volunteered to inform their managers of their information/expertise and viewpoint as a mentor in 2022.
https://www.akisgyo.com/annual-reports https://www.akisgyo.com/sustainability-reports
oda_DevelopmentsRegardingPreventiveCorrectivePracticesAgainstDiscriminationInequalityHumanRightsViolationsForcedChildLaborDisclosed|http://www.xbrl.org/2003/role/verboseLabel
C1.4. The developments regarding preventive and corrective practices against discrimination, inequality, human rights violations, forced and child labor have been disclosed.
X
The company adopts measures to prevent discrimination against employees due to race, religion, language and gender and protect employees against physical, psychological and emotional abuse at workplace. The ethical process consists of practices that are meant to protect the employees accordingly. (Ethics Line, Ethics Representative, Ethics Committee etc.)
https://www.akisgyo.com/annual-reports https://www.akisgyo.com/sustainability-reports
oda_EmployeeRightPolicyIncludesInvestmentsInEmployeesCompensationFringeBenefitsRightToUnionizeWorkLifeBalanceSolutionsTalentManagement|http://www.xbrl.org/2003/role/verboseLabel
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.
X
The Corporate Policy on Stakeholders, Compensation Policy, Remuneration Policy and similar policies are disclosed to the public on the corporate website. The relevant information is provided in Working Conditions and Regulation of Business Life chapter of the Personnel Regulation. Employees are offered continuous training and development opportunities. Sustainable economic and social development will be enabled through training and development opportunities to be provided to corporate employees along with the necessary equipment at each level. The aim is to guarantee future success with employees who boast of continuous learning and development culture through the provision of equal opportunity for training and development. Redundancy and career management system is implemented for the benefit of senior management and employees under talent management in order to ensure sustainability of organization in addition to training and development opportunities.
https://www.akisgyo.com/policies https://www.akisgyo.com/annual-reports https://www.akisgyo.com/sustainability-reports
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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.
X
Akiş REIT implements open door policy for its employees under the Human Resources Policy. The Policy enables each employee to have easy access to the General Manager and senior managers of departments in relation to business tasks and corporate matters. Human resources assume the role of a mediator for settlement of disputes. It benefits from a reconciliatory platform for labor disputes under the Labor Code. As for matters related to labor law, the company outsources the relevant services. HR and corporate departments meet at certain intervals under “2 Çift Laf Edelim” and “İKahve” programs so that departments may inform HR of their requests. Also, the corporate ethics process includes a number of practices that are intended to protect employees and the company in relation to such matters. (Ethics Line, Ethics Representative, Ethics Committee etc.)
https://www.akisgyo.com/annual-reports https://www.akisgyo.com/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.
X
Every two years, Akiş REIT performs an Employee Commitment Survey by means of Great Place to Work (GPTW) which is an independent and contemporary management tool that uses “Trust Index” to evaluate the status of employers in terms of Reliability, Respect, Equity, Pride and Team Spirit. Based on the feedback given by the employees, the company develops practices which are meant to increase satisfaction and happiness of its employees with the help of the “Volunteer Team of Employees” and “Sponsorship of Managers” according to their areas of focus and priorities. The ultimate goal is to become a “Great Place to Work” by creating a satisfactory environment where employees work with commitment and pride in harmonization and cooperation with their colleagues. The General Perception and Trust Index of the employee is 78% according to the survey conducted in 2021. For comparison, the Average General Perception of All Companies was 75% while the Trust Index was 74% for the companies that took part in the survey in the relevant period. At Akiş REIT, we ascertained the improvement areas and took action to implement them with the help of volunteering teams throughout 2022 according to survey results. (As of 31.12.2022, we have implemented 13 of the 15 actions under 3 main topics.)
https://www.akisgyo.com/annual-reports https://www.akisgyo.com/sustainability-reports https://www.akisgyo.com/policies
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C1.6. The occupational health and safety policies have been established and disclosed.
X
The OHS Policy sets forth the principal guiding principles regarding occupational health and safety. OHS activities are performed in line with the requirements of the applicable regulations and Corporate OHS Policy. Akiş REIT and its employees conform to legal regulations and create a healthy and safe working environment in line with the Occupational Health and Safety Policy of the company. Even though the company engaged in slightly dangerous operations in terms of Occupational Health and Safety, it attributes utmost importance to the health and safety of its workforce and remains dedicated to adopt an OHS management philosophy based on zero accident goal in all departments. Where necessary, it promptly makes improvements and ensures that preventive measures, hazard and emergency plans are current and appropriate. It acts in line with the legal regulations while performing all processes. Akyaşam Yönetim Hizmetleri, a subsidiary of the company which manages the malls it owns, performs the relevant processes in line with ISO 45001 Dakks Certification. A Covid-19 Committee has been commissioned to monitor Covid-19 cases and prevent the spread of the virus in the company.
https://www.akisgyo.com/annual-reports https://www.akisgyo.com/sustainability-reports https://www.akisgyo.com/policies
oda_MeasuresTakenForProtectingHealthPreventingOccupationalAccidentStatisticsDisclosed|http://www.xbrl.org/2003/role/verboseLabel
C1.6. The measures taken for protecting health, preventing occupational accidents and related statistics have been disclosed.
X
The company reports the measures adopted for prevention of occupational accidents and protection of health as well as the statistical data related to accidents to the management on a monthly basis in line with its internal procedures. The number of occupational accidents which occurred in 2022 shall be disclosed in the Activity and Sustainability reports to be issued in 2023.
https://www.akisgyo.com/annual-reports https://www.akisgyo.com/sustainability-reports
oda_PersonalDataProtectionAndDataSecurityPoliciesEstablishedAndDisclosed|http://www.xbrl.org/2003/role/verboseLabel
C1.7. The personal data protection and data security policies have been established and disclosed.
X
The PDPL Policy and Information Security Policy are available on the corporate website. The employees, their first degree relatives and new hires are asked to sign the Explicit Consent and Privacy Notice. The company issues necessary notifications under ISO27001 Information Security Management System. It is currently making efforts with third parties to ensure harmonization of their corporate policies.
https://www.akisgyo.com/annual-reports https://www.akisgyo.com/sustainability-reports https://www.akisgyo.com/policies
oda_EthicsPolicyEstablishedAndDisclosed|http://www.xbrl.org/2003/role/verboseLabel
C1.8. The ethics policy have been established and disclosed.
X
The principles of Business Ethics are available on the corporate website. The Ethical Principles guide our business processes. Akiş REIT prioritizes commitment to its Ethical Principles in all business processes and relations and upholds those principles as a fundamental part of its corporate culture. It organizes events on the Ethics Week every year and takes attention to the matter of ethics. It creates Ethics Pop-Ups every month. Those activities are conducted throughout Akkök Group.
https://www.akisgyo.com/annual-reports https://www.akisgyo.com/sustainability-reports https://www.akisgyo.com/policies
oda_StudiesRelatedToSocialInvestmentSocialResponsibilityFinansalInclusivityAccessToFinanceExplained|http://www.xbrl.org/2003/role/verboseLabel
C1.9. The studies related to social investment, social responsibility, finansal inclusivity and access to finance have been explained.
X
The Company's Annual Report and Sustainability Report included explanations on social investment, social responsibility, financial inclusion and access to finance.
https://www.akisgyo.com/annual-reports https://www.akisgyo.com/sustainability-reports
oda_InformativeMeetingsTrainingProgramsRelatedToEsgPoliciesPracticesOrganized|http://www.xbrl.org/2003/role/verboseLabel
C1.10. The informative meetings and training programs related to ESG policies and practices have been organized for employees.
X
The Company regularly holds informative meetings to inform employees about ESG Policies and practices under the legal framework. The company organizes a semi- annual meeting called “Business Results Sharing Platform” to share business results and monthly “AkişTalks!” meetings to inform employees about significant acts and processes conducted by other departments.
https://www.akisgyo.com/annual-reports https://www.akisgyo.com/sustainability-reports
oda_StakeholdersInternationalStandardsInitiativesSubAbstract|http://www.xbrl.org/2003/role/verboseLabel
C2. Stakeholders, International Standards and Initiatives
oda_CustomerSatisfactionPolicyRegardingTheManagementAndResolutionOfCustomerComplaintPreparedDisclosed|http://www.xbrl.org/2003/role/verboseLabel
C2.1. The customer satisfaction policy regarding the management and resolution of customer complaints has been prepared and disclosed.
X
The company has a customer satisfaction procedure which is available on our website.
https://www.akisgyo.com/customer-satisfaction
oda_InformationAboutTheCommunicationWithStakeholdersDisclosed|http://www.xbrl.org/2003/role/verboseLabel
C2.2. The information about the communication with stakeholders (which stakeholder, subject and frequency) have been disclosed.
X
The Corporate Policy on Stakeholders which is available on Investor Relations tab of the corporate website contains contact details of shareholders. Also, corporate communications department performs shareholder communication processes by way of press releases, website information and social media communications. In addition, the Sustainability Report contains information about the frequency of shareholder communications and the platforms used for such communication.
https://www.akisgyo.com/policies https://www.akisgyo.com/sustainability-reports
oda_TheInternationalReportingStandardsThatAdoptedInReportingExplained|http://www.xbrl.org/2003/role/verboseLabel
C2.3. The international reporting standards that adopted in reporting have been explained.
X
The corporate Sustainability Report is published in line with the GRI Fundamental standard.
https://www.akisgyo.com/sustainability-reports
oda_PrinciplesAdoptedRegardingSustainabilitySignatoryOrMemberInternationalOrganizationsCommitteesPrinciplesDisclosed|http://www.xbrl.org/2003/role/verboseLabel
C2.4. The principles adopted regarding sustainability,the signatory or member international organizations, committees and principles have been disclosed.
X
The company is a signatory to the UN Global Compact and this information has been disclosed to the public.
https://www.akisgyo.com/sustainability-reports https://www.akisgyo.com/annual-reports
oda_ImprovementsMadeStudiesCarriedOutToBeIncludedInTheSustainabilityIndicesOfBorsaIstanbulAndInternationalIndex|http://www.xbrl.org/2003/role/verboseLabel
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.
X
The company is included in the Sustainability Index of Borsa İstanbul as it might be inferred from the public disclosure.
https://www.akisgyo.com/sustainability-reports https://www.akisgyo.com/annual-reports
oda_CorporateGovernancePrinciplesAbstract|http://www.mkk.com.tr/2015/role/CapsLockLabel
D. CORPORATE GOVERNANCE PRINCIPLES
oda_OpinionsOfStakeholdersSoughtInTheDeterminationOfMeasuresAndStrategiesRelatedToSustainability|http://www.xbrl.org/2003/role/verboseLabel
D1. The opinions of stakeholders have been sought in the determination of measures and strategies related to sustainability field.
X
The company conducted a shareholder analysis and received their feedback for determining Sustainability Priorities. Also, it conducts a 2 days’ Strategic Outlook Workshop with the participation of all employees at periodical intervals. Providing the employees with the opportunity to have a say in the relevant matters, the workshop enables the company to determine Short - Medium – Long Term corporate strategies, corporate culture, fundamental values and particulars, vision, mission, objectives and strategy map and to redesign KPIs based on those strategies. Also, all business processes of departments are reviewed and revised as necessary. Business partners are consulted in relation to sustainability practices & projects to be implemented in the future. Employees, investors, shareholders and public are informed with maximum care and attention and stakeholders are communicated by means of the investor relations department.
https://www.akisgyo.com/sustainability-reports https://www.akisgyo.com/annual-reports
oda_SocialResponsibilityProjectsAwarenessActivitiesTrainingsCarriedOutToRaiseAwarenessAboutSustainability|http://www.xbrl.org/2003/role/verboseLabel
D2. The social responsibility projects, awareness activities and trainings have been carried out to raise awareness about sustainability and its importance.
X
The company organizes social responsibility projects, awareness events and training sessions to raise awareness about the importance of sustainability and takes the lead for raising awareness of its shareholders and business partners. Consisting of volunteering employees, 'Akiş Volunteer Team' performs social responsibility projects with the participation of the employees. Donations are made to non-governmental organizations for Special/Significant Days. As part of sustainability efforts, awareness raising posts are created for social media users. In order to promote sustainability, we shared social media posts about several activities organized for the “Earth Day”, “Plastic-free July”, “Forest Week”, “Environment Day” and Sustainability Wheel for “Sustainability Day” in order to raise awareness about the issue. We also use our social media accounts to give information about the sustainability projects conducted by the brands available in our malls. Akiş REIT keeps giving life to forests in collaboration with ecording, an application that develops sustainable and innovative environmental technologies to fight global climate crisis. Having thrown 119,000 seed balls by using ecoDrones, unmanned aerial vehicles, to drop seeds on challenging zones, Akiş REIT aims to contribute to sustainability of ecological life thanks to this initiative. Akbatı held an "Ecological Awareness for Nature Friendly Food" panel to raise awareness about sustainability under its Life Academy project. Akbatı was also home to “Products Made of Recycled Fabrics” exhibition which was held in collaboration with H&M in order to contribute to raising awareness about recycling. Akasya, on the other hand, took action in collaboration with Nivogo in order to promote sustainability by means of personalization workshops on circular economy and advanced recycling. At the same time, the first "Circular Store" in Turkey was opened by Nivogo in Akasya. Akiş REIT also provided its visitors with the opportunity to experience various sustainability projects in collaboration with a number of organizations such as Givin, WWF, Devr-i Daim, and Vahaa as part of its efforts to expand collaborations with sustainability Startups and NGOs in 2022.
https://www.akisgyo.com/sustainability-reports https://www.akisgyo.com/annual-reports