Otokar has released its 2023 Sustainability Report. According to the document, in 2023, the company saved approximately 1,537 MWh of energy and 695 tons of CO2 by through energy efficiency projects at its Sakarya plant.

Furthermore, Otokar recycled nearly 150 thousand m³ of water, which was reused in production processes as part of its water conservation effort.

Otokar 2023 Sustainability Report

Guided by the vision of reaching future together and aligned with the UN Sustainable Development Goals, Otokar’s sustainability efforts focus on four key pillars. Otokar’s report offers a detailed account of the company’s economic, social, and environmental performance, along with its corporate governance practices, highlighting ongoing progress in these areas to secure a stronger presence on the global stage.

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In addition to contributing to renewable energy through the commissioning of solar panels at its Sakarya plant, in 2023, the company provided 37,243 hours of occupational health and safety training to its employees. Also investing in youth development, Otokar extended internship opportunities to 177 high school students and 38 vocational school students, supporting their professional growth. Furthermore, the company received the “Environment Award” from the Sakarya Chamber of Commerce and Industry, in recognition of its exemplary environmental practices.

General Manager Aykut Özüner underscored Otokar’s commitment to reducing environmental impact and tackling climate change by implementing business strategies on the path to becoming a global player: “The year 2023 was a major milestone for Otokar, as we proudly celebrated both the centennial of our Republic and the 60th anniversary of our company. By remaining committed to sustainability efforts, we achieved notable reductions in our carbon footprint thanks to renewable energy investments and energy efficiency initiatives. We recognize that our employees are our greatest asset and continue to foster an equitable and inclusive work environment that supports their growth.”

Pointing out the performance of Otokar, which has been listed in the BIST Sustainability Index since 2014, Aykut Özüner said: “During the reporting period, Otokar maintained its leadership as Türkiye’s most preferred bus brand for the 15th consecutive year. Our expansion in Europe also continued with the incorporation of Otokar Italia, further strengthening our commercial vehicle operations on the continent, following our subsidiaries in France and Romania. As we pursue global growth, we are setting more ambitious environmental and social targets. Our long-term goal is to strengthen our position in the global market by driving sustainable growth in green transportation, energy efficiency, digitalization, and social contribution. We are actively participating in the Koç Holding Carbon Transition Program, which aims for carbon neutrality by 2050. Accordingly, we continually review and measure our environmental impact, investing in innovative technologies, green mobility solutions, and energy efficiency advancements.”

Highlights

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