Our Energy

For the Future

SOCAR Türkiye

Sustainability Report

2022

Contents

About the Report

4

Management Messages

6

About SOCAR Global

10

SOCAR Türkiye

12

Corporate Governance

14

Board of Directors and Senior Management

16

Committees

16

Risk Management

18

Sustainability Management

22

Contribution to UN Sustainable Development Goals

22

Policies

24

Management Systems Certificates

25

Ethics, Compliance and Transparency

26

Anti-Bribery and Anti-Corruption

28

Corporate Memberships

29

SOCAR Türkiye in 2022

30

Economic Value Created

30

Group Companies

32

Awards

50

Highlights from 2022

52

Developments in the World and Türkiye and Energy

Market

56

Value Creation Model

58

Materiality Analysis

64

Communication with Stakeholders

70

Environment and Climate Change Mitigation

72

Environment

72

Tackling Climate Change and Decarbonization

76

Air and Water Quality

86

Biodiversity

88

Waste Management

88

Responsible Supply Chain

92

Human-Oriented Approach

96

Human Rights

96

SOCAR Türkiye OHS-E Management System

100

Employee Engagement and Well-being

106

Employee Development

108

Technology and Innovation

112

Digital Transformation

112

R&D Activities

118

Social Benefit and Social Responsibility

120

Corporate Social Responsibility

120

SOCAR Türkiye Volunteers

124

Performance Indicators

130

GRI Index

140

SOCAR TÜRKİYE 2022

About the

Management

About SOCAR

SOCAR

Corporate

Sustainability

SOCAR Türkiye

Sustainability Report

Report

Messages

Global

Türkiye

Governance

Management

in 2022

Developments in the World and

Türkiye and Energy Market

About Report

SOCAR Türkiye's business strategy emphasizes the systematic management of the social, economic and environmental impacts arising from its operations as well as the financial value it creates. This means that the company is not only concerned with making a profit, but also with its impact on society, the economy and the environment.

To achieve this, SOCAR Türkiye has adopted policies that prioritize the management of social, economic and environmental impacts. The Company's sustainability priorities and the United Nations Sustainable Development Goals also guide its activities and performance results. For example, SOCAR Türkiye prioritizes reducing greenhouse gas emissions or promoting gender equality within the company.

SOCAR Türkiye Sustainability Report 2022 provides details about the activities and performance results of the parent company and its subsidiaries in Türkiye between January 1, 2022 and December 31, 2022. The report covers a range of topics including energy consumption, greenhouse

gas emissions, employee training, community engagement and supply chain management.

In order to ensure the integrity of the report, this report includes consolidated data of SOCAR Türkiye and group companies, particularly financial data. For example, SOCAR Türkiye may consolidate the financial data of Petkim, STAR Refinery and other subsidiaries to provide a more comprehensive view of the company's financial performance.

The report has been prepared in accordance with the "Core" option of the GRI Standards, which provides a framework for organizations to report on their sustainability performance. The report identifies material topics according to the "content identification" principles of the GRI Standards and takes into account the "content index quality" principles when creating the data shared.

In summary, SOCAR Türkiye's business strategy places importance on creating financial value as well as managing the social, economic, and environmental impacts of its operations. The Company's sustainability priorities and the United Nations Sustainable Development Goals guide its activities and performance results. Prepared in accordance with the GRI Standards, the report provides details on the company's performance in various areas, including the use of consolidated data from group companies.

4

Value Creation

Model

Materiality Analysis

Communication

Environment and Climate

Human-Oriented

Technology and

Social Benefit and Social

Performance

with Stakeholders

Change Mitigation

Approach

Innovation

Responsibility

Indicators

GRI

Index

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Disclaimer

Petkim Petrokimya Holding AS published this content on 23 June 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 20 July 2023 08:05:25 UTC.