SUSTAINABILITY REQUIREMENTS AND INDUSTRY: ŞIŞECAM'S SUSTAINABILITY APPROACH AS AN EXAMPLE Ali Efe Caglayan1; 1SISECAM, Istanbul, Turkey; PAPER: 273/Glass/Regular (Oral) OS SCHEDULED: 14:50/Tue. 28 Nov. 2023/Boardroom ABSTRACT: Expectations have changed, and customers increasingly value the contribution to society and to the planet that companies pledge and make choices based on how companies respond. Today, businesses are facing increasing expectations from stakeholders to create sustainable and long-term value. According to the research, 87% of people across society agree that stakeholders are most important to long term company success, correspondingly customers increasingly value the contribution to society and to the planet that companies pledge and make choices based on how companies respond. Sustainability trends now require more integrated and cross functional approaches of companies, and the global developments rapidly accelerated the attention on ESG issues. In addition to the climate crisis, issues such as the EU Green Deal and the Energy Crisis brought energy transition, sustainable manufacturing, and shift to recyclable products to the top of the agenda. Running a “sustainable” business isn't about "gate to gate" actions, it's about putting sustainability at the centre of your shareholder value proposition and acting collectively to respond to today's requirements. No approach has not been harmonized with the needs of the planet and society cannot be sustainable. As a global company that operates 45 production facilities located in 14 countries around the world, Şişecam needs to manage our large and widespread organization holistically. This structure and scope necessitate a strategy that is inclusive and compatible with global trends. From this point of view, Şişecam has created its new term sustainability strategy “CareforNext”, with a holistic and inclusive perspective to covers the entire ecosystem with the philosophy of “people first”. Under this strategic approach, the company is committed to taking responsibility boldly, without leaving anyone behind, for all our stakeholders in the entire value chain. Şişecam’s aim is to achieve strong global transformation goals that align with UN Sustainable Development Goals (SDGs). In line with the priority targets set under the standard methodology, we track our progress every year, report it transparently, and take steps as needed accordingly. |