KORDSA raised its carbon disclosure project

KORDSA, continues to create sustainable value for the economy by producing environmentally friendly technologies as part of its vision of building a sustainable future.

The Carbon Disclosure Project, the first and only NGO that assesses how publicly-traded companies manage climate change risk, has raised KORDSA’s score from C- (the first and lower grade of the “awareness� band) to B (the second and upper grade of the “management� band) in 2019 as a result of the efforts KORDSA carried out to manage risks and opportunities related to climate change.

In 2019, KORDSA stood out as a leading company with its above-average performance compared to the global and European average “C�, by taking coordinated action on climate issues.

In the 2018 Sustainability Report of Kordsa, which published its fifth sustainability report last year, the value chain and sustainability effects of tire reinforcement and composite technologies business lines were schematically demonstrated, unlike previous years. As a result of its efforts to produce lighter and more durable tire and composite materials using less energy and materials, its number of patent applications reached 670 and the number of inventions reached 183 as of the end of 2018. The reinforcement giant saved about USD 1.82 million through its recycling efforts by reusing approximately 3 million paper tubes. The company’s environmental investment through emission management, waste management and training are worth USD 790 thousand.