Global climate change, rapid population increase, and shortage of natural resources are causing pressure on global markets. The private sector players shoulder the main responsibility in solving the global issues that have increasingly made their presence felt, especially since the industrial revolution. At Global Investment Holdings with the consideration of our global investment portfolio we conduct our business with awareness of the potential impact of our performance on the environment. Accordingly, as we see as an important duty to continue to grow, we see it as an important duty to control our impact on the environment and contribute to the solution of global issues.

Within this scope, we track the Holding’s operations, as well as effectively manage the environmental performances of the Holding’s subsidiaries. The framework of our work about energy management, renewable energy investments, water and waste management and biodiversity is set by our Environment Policy. We determine the outline for the updating of the Environmental Policy, management of environmental issues and the studies conducted within the scope of the Sustainability Committee in line with the Principles and Procedures of the Environmental Management System.

In addition to the policies and principles with which all our subsidiaries are required to conform, we expand the use of management system practices at international standards for the purposes of ensuring effective tracking and management of our environmental performance. Our energy companies and ports in Malaga, Kuşadası, Bodrum, Lisbon and Antalya all have the ISO 14001 certificate. At the Holding, we will be completing our ISO 14001 certification process in 2018. In addition to these, our Kuşadası and Bodrum port operations are all conducted under the Green Port certificate. We aim to apply for a Green Port certificate for Lisbon Port within the next period. Moreover, our Antalya Port is included within the scope of Green Port Practices by ESPO (European Sea Ports Organization) EcoPorts.

We handle our work in the field of the environment under the leadership of the Sustainability Committee, with the participation of varied stakeholder groups and within the scope of the cooperative initiatives we have established. We are aware of the importance of the feedback we receive from our stakeholders and shape our work in line with their contributions. Within this scope, the results obtained from the stakeholder analysis, conducted at international standards, support the development of our work regarding the environment. Our renewable energy investments and studies on climate change and the protection of the water ecosystem are conducted in parallel with the Sustainable Development Goals of the United Nations. We seek to further our performance regarding the environment with each passing year. In 2017, we invested and incurred expenditures more than TRY 200,000 in the field of the environment. There have been no environment related non-compliance or environmental fines due to our operations within the last three years.

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Climate Change and Energy Management

The global climate change that originates from greenhouse gas emissions and whose effect we have been increasingly feeling, brings along risks that are closely related to the operations of many sectors. Effective energy management plays an important role in management and conversion of these risks into an advantage.

As we seek to achieve our corporate objectives, we consider reduction of our greenhouse gas emissions, more effective use of energy, and responsible consumption among our priorities to be pursued across the Holding. We regularly follow the energy consumption of both the Holding and all its subsidiaries. As such, we test our corporate performance regarding the set targets and seek to develop any areas where our performance falls short.

Accordingly, we achieved a reduction of 389 MWh in energy consumption as a result of a various energy efficiency projects. In this way, we achieved financial savings of USD 47,198. In the next period we aim to increase our energy savings by making improvements to the tools and systems we use, implementing rooftop solar panels, changing lighting systems, and the use of electrical vehicles. This year our total energy consumption was 54,613 MWh. Our energy consumption increased by 13% along with the increase of 28% in our turnover in comparison to 2016. Our energy density value, which is an indicator of the energy consumption corresponding to the unit turnover amount, decreased to 67.8 MWh/million TRY in 2017 from 86.5 MWh/million TRY in 2015.

We also keep track of our greenhouse gas emission values. Accordingly, our total emissions in 2017 equated to 19,401.7 tons (including all our subsidiaries). The value indicating our carbon equivalent gas emission value per unit turnover was 24.1 tons/million TRY by the end of 2017 down from 31.4 tons/million TRY in 2015. In addition to greenhouse gas emissions, we also keep track of other emissions emitted into the air and track their effect within the scope of environmental management. All other air emissions totaled 7 tons in 2017 (including all our subsidiaries).

Water and Waste Management

We monitor our water consumption in the fields where we are active and consider any waste that is the direct or indirect result of our operations as our responsibility within the scope of our environmental management strategy. In line with the responsibility we have undertaken, we track our water consumption on a regular basis. In 2017, our water consumption was 204,000 m3.

Within the scope of our waste management efforts, we plan to monitor our waste generation more effectively. At the same time, we aim to increase the rate of recycling in general at the Holding and its subsidiaries. We aim to generate waste of a more recyclable nature through awareness studies conducted in the company and by expanding the scope of recycling practices. In 2017, the total waste amount generated as a result of our operations was 772,000 tons.

Our port operations are important in terms of waste management. We ensure that the waste generated at the ports is separated before storage. We store all the waste obtained from ships at our ports and render such waste more environmentally friendly by subjecting it to treatment. On the other hand, we treat waste water and regularly control its contents to ensure compatibility. In 2017, we discharged 23,000 m3 of wastewater following quality control performed within this scope. In the future period, we will continue to control the waste water generated as a result of our operations within the scope of corporate and legislative requirements. In this regard, we aim to improve the quality and decrease the amount of the waste water generated in the future periods.

Our Support for the Protection of Biodiversity

Protection of land and marine ecosystems is extremely important where the health of our planet and sustainability of our business models are concerned. All industrial activities have some sort of effect on the environment. We diligently work towards minimizing these effects and towards not causing any direct or indirect irrecoverable damage to the environment or damaging biodiversity as a result of our operations.

At Global Investment Holdings, we are aware of the effect that our facilities spread across the world may have on biodiversity, led by our port operations that are included within the scope of our wide-ranging activities as required by our expansive investment portfolio. For this reason, we assess the impact of all our operations on biodiversity and have continued to work on this issue since 2015. In addition to minimizing the effect of our operations, we collaborate with others and lead work for the protection of natural life in for contributing positively to biodiversity.


One of our facilities is located in the Gulf of Gökova. We are currently working on a collaborative project which we began in 2015 together with the Association for the Protection of Mediterranean called the Sandbar Shark (Carcharhinus Plumbeaus) and Breeding Site Project at Boncuk Bay, which is near the Gulf of Gökova and has Special Conservation Area status. Under this project, we contribute to the protection of sandbar sharks and their living environment which are included in the sensitive category in the International Union for Conservation of Nature’s (IUCN) Red List and in the endangered category in the red list for the Mediterranean region. Accordingly, we include and benefit from the knowledge of the local fisherman in the studies we conduct.


More information on our sustainability practices are available at our Sustainability Report.


Cruise and commercial port operating activities


Clean and renewable energy production, compressed natural gas sales and distribution, energy efficiency and mining


Developing and operating commercial real estate projects


Non-banking financial services such as brokerage, advisory and asset management

Rıhtım Cad. No: 51 Karaköy İstanbul      (212) 244 6000