As Kimpur, we have taken our commitment to transparency and accountability in sustainability one step further by publishing our first Sustainability Report in compliance with the Türkiye Sustainability Reporting Standards (TSRS).
As one of the leading companies in the polyurethane sector, we have set an example for the industry by releasing a report aligned with TSRS in the very first year the standards became mandatory. Since 2020, we have been regularly reporting on our sustainability performance, and for the past three years, we have advanced in full transparency with an integrated reporting format. This year, we are proud to share our first TSRS-compliant report with the public.
Our aim is not only to ensure compliance with regulations but also to maintain transparent communication with all our stakeholders and to respond to growing expectations in the fight against climate change. In this respect, our report comprehensively presents our sustainability strategy, awareness of climate risks, the measures we have taken, and our forward-looking action plans.
Within the report, we prioritized four key climate risks in line with SASB standards and sectoral trends, analyzing them using the RCP scenarios (RCP 2.6, 4.5, and 8.5) defined in the IPCC’s Fifth and Sixth Assessment Reports. We identified the European Union’s Carbon Border Adjustment Mechanism (CBAM) and its associated carbon taxes as a critical transition risk that could directly impact our export strategies and cost structure. We also assessed the fossil-fuel-dependent nature of our energy consumption as a vulnerability that could lead to unpredictable cost fluctuations. Extreme weather events that may affect Far East ports were evaluated as potential risks that could cause logistics delays and cost increases in our supply chain. Furthermore, the increase in hazardous waste associated with rising production volumes was highlighted as an environmental compliance risk and a challenge in waste management processes. For these four main risk areas, we have developed scenario analyses to structure our future actions.
Our financial impact assessments have shown that while these risks are strategically important, they do not currently pose a threat to our operational continuity or financial stability.
As the Kimpur family, we strive to develop a sustainability approach that not only guides our company but also serves as a roadmap for our entire sector in a period where the impacts of climate change are being felt more deeply each day. With our TSRS-compliant report, we transparently demonstrate how we analyze climate-related risks and how we build resilience strategies against them. We believe this report will serve as a valuable resource for all our stakeholders and foster a shared awareness on climate risks.
In the near future, we will also share our Integrated Report, prepared in line with GRI standards. In doing so, we will realize a holistic sustainability communication approach that responds simultaneously to both national regulations and international reporting standards.
You can access our TSRS-compliant sustainability report in here.
