Sustainability

We have designed our sustainability strategy with the aim of maintaining our domestic capital structure and profitability. Sensitivity to the environment, people and communities, commitment to universal human rights and code of ethics, operational excellence and focus on customer satisfaction, developing high-tech, value-added products form the pillars of this strategy. As a responsible company that promotes stakeholder participation, we aim to strengthen Otokar’s business strategy in the automotive and defense industries. On this path, we strive to fully adhere to the laws and regulations in the regions where we operate, apply global sustainability standards, and respect the environment, people and the future.

As we focus on the shared material topics of two diverse industries, we adopt a flexible approach that enables processes to be structured in accordance with the respective business models. In doing so, we are inspired by global best practices and guided by Koç Holding. As we create value for our stakeholders, we strive to uphold our ethical values in all processes, listen to the opinions and suggestions of all our stakeholders, starting with our employees, suppliers, business partners and customers, and respect people and the environment. Our sustainability approach extends beyond our own operations to encompass the entire value chain and deliver exemplary performance. In line with this vision, we have disclosed our economic, social and environmental performance transparently through our reports complying with GRI standards since 2013. As a result of our sustainability efforts, we have also been listed in the BIST Sustainability Index since 2014. The data included in our 2024 sustainability report has been audited by Güney Independent Audit and SMMM Inc. (EY), and an independent assurance report has been obtained.

Material Sustainability Topics

Our material sustainability topics are reviewed annually by our sustainability managers and external experts and updated as needed. In consideration of industry dynamics and the rapid regulatory changes in the European Union and our country, a comprehensive materiality assessment was conducted in 2024 with the help of professional consultants to create new momentum within Otokar.

Our material sustainability topics are tracked under four main headings.

For Business

Sustainable Growth- Contribution to the Local Economy

Corporate Reputation- Product and Service Responsibility

R&D and Innovation- Business Ethics

For the Planet

Low Carbon Economy- Circular Economy

Waste Management- Water Stewardship

For People

Employee Experience -Potential Employee Management

Human Rights and Fair Work

For Communities

Civic Engagement