Sustainable Future

VISION - MISSION SUSTAINABLE FUTURE OUR SUSTAINABILITY JOURNEY MESSAGE FROM THE MANAGEMENT

EAE Sürdürülebilirlik | Sustainable Future

EAE Lighting Sustainable Future

Vision – Mission

We see that the international economic size that emerged after the industrial revolution cannot create a success story on its own. It is essential to measure economic growth and social welfare together with human development. Various researches and studies are being carried out on international platforms in order to eliminate major problems such as “global warming”, “climate change”, “environmental pollution” or “gender discrimination”, “lack of education”, “unemployment” that can cause social destruction.

EAE Lighting Sustainable Future

Our commitment to corporate governance, social awareness, and taking timely actions together with all our stakeholders, in line with the strategic plans we developed as a result of the accurate analysis of the expectations of all links of our value chain and of our employees are at the heart of the success we, as EAE Family, have achieved from past to present.

The risks faced by international and national markets and the economic differences between social layers brought a change in the strategic management models of our company and made our sustainable management practices improve more and more each day.

We adopt a strategic sustainability model, in which not only economic values, but also environmental and social values are the elements of the decision-making mechanism. We integrate our strategic approaches by integrating the 2030 Sustainable Development Goals, which are decisive in the future of our world and humanity, into the strategy development dimensions of our corporate culture, and we actively contribute to the UN 2030 Agenda with consistent actions and plans in line with our material sustainability elements and focus areas.

We support our sustainable governance practices, where we adopt participatory and inclusive approaches, with duties and responsibilities that have been expanded across our organization, in the light of the goals set to shape the future.

We support our sustainable governance practices, which we carry out with participatory and inclusive approaches, with duties and responsibilities spread throughout our entire organization in the light of defined goals that shape the future.

MILESTONES

We continue our journey of light to illuminate the future with innovative, contemporary and sustainable business models. 40 years ago, we aim to carry our lighting journey to a sustainable future together with our stakeholders.

Dear Stakeholders, As a result of the devastation caused by climate change, it has become an undeniable necessity for all companies to update their production activities and operations. It has been seen that creating a sustainable future is only possible through a value chain with a wide scope and stakeholder interaction. Our sustainability vision and corporate governance approach are strengthening. The risks faced by the local and global market enable the renewal of our company’s business techniques and sustainable governance practices. We have identified our strategies by integrating the Sustainable Development Goals into the foundation of our corporate culture through prioritization efforts. We integrate our work with the sustainability vision and focus fully on our responsibilities in order to participate strongly in the United Nations 2030 Agenda. We established our sustainability vision with operations in line with the vision of decarbonization and green transformation. We established our EAE Lighting Sustainability Committee in 2022 in order to carry out our sustainability policy on the basis of targets and to develop our sustainability strategies and actions. We believe that collaborations in the supply process are very important in combating the climate crisis. In this context, among our short-term goals, we aim to create a large-scale impact network under the leadership of our sustainability committee and sub-working Specialized groups. Thus, we aim to move our company, which ranks second in the Turkish Exporters Assembly (TIM) 2022 Chandelier Sconce and Other Electric Lighting Fixtures Sector export ranking, to a leading and policy-making position in sustainability. As part of our efforts to become a “Carbon Neutral” company, we calculated our greenhouse gas emissions, verified our inventory with ISO 14064 certification, and started our efforts to set our emission reduction targets in line with the Science Based Targets (SBTi) Initiative and Carbon Disclosure Project (CDP) standards. With our 2860 GWh annual renewable energy capacity and our renewable energy (SPP) investment of USD 2.3 million in 2022, we continue our efforts to become a “Carbon Neutral” company by 2050 by serving the 1.5°C target. With our sustainability and decarbonization trainings reaching 1046 personhours, we increase the level of awareness of our employees on the subject and increase our level of commitment to our sustainability practices. We continue our efforts with the awareness that raw material, water and waste management are the most sensitive points underlying sustainability practices. We continue our water efficiency practices with the awareness that we are located in the Mediterranean Basin, one of the regions at risk of drought within the scope of the IPCC Sixth Research Report. In this context, we are committed to reducing our water consumption from our supply and production activities by 25%. We aim to increase our sustainable product range with low ecological footprint, developed by the expert employees of our R&D Center through LCA analyses (life cycle analysis), and our recycling capacity to 50% by 2030. We plan to reduce the amount of waste going to disposal by 50% and increase the amount of raw materials obtained from recycling efforts in the long term. In 2022, we became a member of the Turkish Circular Economy Platform. We continue our efforts to become a signatory member of the Science Based Targets (SBTi) and the Carbon Disclosure Project (CDP) in 2023, which develop effective practices in the prevention of climate change and adaptation in the international arena, and to increase our compliance with the global decarbonization vision. We plan to eliminate all risks for our company with our ethics and compliance principle, our anti-bribery and anti-corruption policy, our understanding of compliance with the standards set by national and international organizations, as well as our practices aimed at customer satisfaction and high quality by tracking our products throughout their life cycle. While we plan to continue and manage our operations in full compliance with universal rules of law under the guidance of the UN Global Compact (UNGC), we expect all stakeholders in our value chain to comply with our principles and guidelines. We strive to take stronger steps by continuing our work on a shared, transparent basis and presenting it to the valuable opinions of our stakeholders. We are making an intense effort to leave a sustainable world to future generations with a common benefit approach for our world and future generations. We hope to meet in a sustainable future…

Dear Stakeholders, As a result of the devastation caused by climate change, it has become an undeniable necessity for all companies to update their production activities and operations. It has been seen that creating a sustainable future is only possible through a value chain with a wide scope and stakeholder interaction. Our sustainability vision and corporate governance approach are strengthening. The risks faced by the local and global market enable us to renew our company’s business conduct techniques and sustainable governance practices. We have identified our strategies by integrating the Sustainable Development Goals into the foundation of our corporate culture through materiality studies. We integrate our work with the sustainability vision and focus on our responsibilities fully in order to participate strongly in the United Nations 2030 Agenda. We established our sustainability vision with operations in line with the vision of decarbonization and green transformation. We established our EAE Lighting Sustainability Committee in 2022 in order to carry out our sustainability policy on the basis of targets and to develop our sustainability strategies and actions. We believe that collaborations in the supply process are very important in combating the climate crisis. In this context, among our short-term goals, we aim to create a large-scale impact network under the leadership of our sustainability committee and sub-working specialization groups. In this way, we aim to move our company, which ranks second in the Turkish Exporters Assembly (TIM) 2022 Chandelier Sconce and Other Electric Lighting Fixtures Sector export ranking, to a leading and policy-making position in sustainability. As part of our efforts to become a “Carbon Neutral” company, we calculated our greenhouse gas emissions, verified our inventory with ISO 14064 certification, and started our efforts to set our emission reduction targets in line with the Science Based Targets (SBTi) Initiative and Carbon Disclosure Project (CDP) standards. With our 2860 GWh annual renewable energy capacity and our renewable energy (SPP) investment of USD 2.3 million in 2022, we continue our efforts to become a “Carbon Neutral” company by 2050 by serving the 1.5°C target. 1046With our sustainability and decarbonization trainings reaching up to 1,000 person-hours, we raise the level of awareness of our employees on the subject and increase our level of commitment to our sustainability practices. We continue our efforts with the awareness that raw material, water and waste management are the most sensitive points underlying sustainability practices. We continue our water efficiency practices with the awareness that we are located in the Mediterranean Basin, one of the regions at risk of drought within the scope of the IPCC Sixth Research Report. In this context, we are committed to reducing our water consumption from our supply and production activities by 25%. We aim to increase our sustainable product range with low ecological footprint, developed by the expert employees of our R&D Center through LCA analyses (life cycle analysis), and our transformation capacity to 50% by 2030. We plan to reduce the amount of waste going to disposal by 50% and increase the amount of raw materials obtained from recycling efforts in the long term. In 2022, we became a member of the Turkish Circular Economy Platform. We continue our efforts to become a signatory member of the Science Based Targets (SBTi) and the Carbon Disclosure Project (CDP) in 2023, which develop effective practices in the prevention of climate change and adaptation in the international arena, and to increase our compliance with the global decarbonization vision. We plan to eliminate all risks for our company with our ethics and compliance principle, our anti-bribery and anti-corruption policy, our understanding of compliance with the standards set by national and international organizations, as well as our practices aiming for customer satisfaction and high quality by monitoring our products throughout their life cycle. While we plan to continue and manage our operations in full compliance with universal legal rules under the guidance of the UN Global Compact (UNGC), we expect all stakeholders in our value chain to comply with our principles and principles. We strive to take stronger steps by continuing our work on a shared, transparent basis and presenting it to the valuable opinions of our stakeholders. We are making an intense effort to leave a sustainable world to future generations with a common benefit approach for our world and future generations. We hope to meet in a sustainable future…