A Doğan Holding company, Galata Wind Enerji A.Ş. produces electricity from solar and wind sources as a part of the renewable energy sector. The company received an A1 rating based on a general score of 57/100 in the solicited sustainability rating report drawn up by Vigeo-Eiris (V.E.), a Moody’s corporation.
The report states that the energy mix (100% renewable) at Galata Wind Enerji and the company’s commitment to the exclusive production of renewable energy has led to a high-level energy transition score and to significant contributions to the UN sustainable development goals numbered 7 (Accessible and Clean Energy, 12 (Responsible Production and Consumption) and 13 (Climate Action). The report released by Vigeo-Eiris notes that Galata Wind Enerji A.Ş. commands a powerful appetite and capacity which it integrates into its leading-edge performance and its strategies surrounding ESE (Environmental, Social and Governance) criteria, company operations and risk management in the areas of human capital, statutory security, and operational productivity.
Put together to inform investors, asset managers and other relevant stakeholders about the nature and weighting of ESG criteria, the company’s capacity to determine and reduce risks related to its level of integration, the V.E. analysis report focuses on matters of strategy and operational integration in terms of the following: the social and environmental impact of the company’s products and services, the company’s capacity to invest and create sustainable value in the area of future-based strategies and the creation of sustainable value; the company’s capacity to identify and reduce ESG criteria risks as it protects and enhances the value of strategic assets (including reputation, human capital, operational and organizational productivity, and statutory security); and, matters related to social responsibility, governance, operations and reporting at Galata Wind Enerji, including balancing stakeholder relations and dynamics.