Galata Wind Energy, which generates 100% clean renewable electricity from wind and solar power, continues to work toward a sustainable future. Galata Wind, included in the Borsa Istanbul Sustainability Index, received a score of 9.40 in the CMB Corporate Governance Compliance rating, a testament to the company’s highly compliant corporate governance structure.
Galata Wind, which places sustainability at the core of its activities with its wind and solar power plants, is fast on track toward reaching its targets. The company was recently included in the Borsa Istanbul (BIST) Sustainability Index, whose constituents are listed companies with high corporate sustainability performance. This achievement again confirms Galata Wind’s commitment to a better future and renews its stakeholders’ confidence in the company.
Evaluations in 448 criteria
Galata Wind is also included in the BIST Corporate Governance Index, based on the Capital Markets Board (CMB) Corporate Governance Compliance rating. According to the report, the company received a rating of 9.40/10, a score indicating significantly high compliance with specific principles. The corporate governance rating process is based on the examination of the necessary documentation pertaining to Galata Wind, interviews with relevant executives and managers, publicly available information, and observations. Following the evaluation of Galata Wind in 448 criteria, the company received a rating of 92.02 in the shareholders category, 98.10 in public disclosure and transparency, 97.51 in stakeholders, and 91.08 in Board of Directors and Managers.
“We will keep making strides to reach our goals”
Burak Kuyan, CEO, Galata Wind, commented: “Being included in an index, whose constituents are listed companies with high corporate sustainability performance, and receiving a high corporate governance compliance rating make us happy. We set out to become Turkey’s clean energy provider and now we move forward with determined steps as a player in our country’s major economy and energy transformation. We generate 100% renewable and environment-friendly electricity and support the natural life cycle of our planet, with sustainability at the core of our business. As we strive to protect the environment, invest in clean, renewable energy, and work to reduce emissions in line with our commitments, we will keep making strides to reach our goals, which align with the sustainable development goals.”