Ranked First in Turkey and Third Globally in the Ranking for “Emerging Markets” with Its ESG Score

Adm and Gdz Elektrik got 62 points in the Environmental, Social and Governance (ESG) performance rating by Moody’s, an international rating organization, which put the company at the “A1 - Advanced Level”, i.e. the highest rating. This score got the companies rank first in the electricity sector in Turkey, and third globally in the “Emerging Markets” ranking. 

One of the Turkish participants to the United Nations Global Compact (UNGC), Adm and Gdz Elektrik got 62 points, corresponding to the “A1 - Advanced Level” rating, i.e. the highest rating in the ESG performance assessment performed on around 5,000 companies globally by Moody’s this year.

Bayramoğlu: “Our performance left 97% of the companies worldwide behind”

Ahmet Bayramoğlu, General Manager at Adm Elektrik made some remarks on this global ESG achievement: “The importance we give to sustainability, operational excellence and efficiency had our company rank first in Turkey in its sector and third in emerging markets globally. This achievement is priceless for both our company and the sector. Our performance left 97% of the companies worldwide behind; we are moving towards becoming the leading distribution company globally, which is covered by our vision.” 

Yüksel: “This achievement will make a significant contribution to access to financial resources”

Uğur Yüksel, General Manager at Gdz Elektrik, stated that they left majority of the participants behind in the rating by Moody’s for around 5,000 companies globally. He said: “We are happy to reap the fruits of our work towards reputation, environment, social area and management, as well as our strong and successful management with regards to ESG risks. What’s more is that this important achievement will make a significant contribution to our company’s access to alternative financial resources on the national and international markets at more appropriate conditions.” 

Why Is the Environmental-Social-Governance (ESG) Score Important?

The ESG criteria cover a broad range from concrete actions taken by companies to reduce carbon footprint to health and safety policies for their employees, supply chain management, and creating a corporate culture based on trust that supports innovation and social responsibility. ESG performance determines the extent to which companies consider and implement these criteria in their corporate strategies, activities, investments and policies. Financial institutions that fund companies also take a company’s ESG score into account when researching for investment.