Combating Climate Change and Climate Strategy

IC Enterra's Role in Combating the Climate Crisis

The global climate crisis manifests itself through extreme weather events such as droughts, floods, heatwaves, and wildfires around the world. This crisis largely stems from greenhouse gas emissions caused by human activities, and the solution requires the ecological transformation of society, the economy, and technology. The Paris Agreement, to which Türkiye is also a signatory, aims to limit the global temperature increase to 2 degrees and preferably keep it below 1.5 degrees. International cooperation and global effort are essential to reduce the impacts of the climate crisis and to protect the environment. While the role of governments is of critical importance in this struggle, the private sector must also support the measures taken against the climate crisis and fulfill its responsibilities for a sustainable future

IC Enterra, through its implemented Climate Change Policy, commits to taking the necessary steps to measure and manage the risks arising from climate change, to take an active role in this struggle, and to contribute to Türkiye’s transition to a low-carbon economy. At the same time, it has also set concrete targets such as determining carbon reduction targets, conducting climate risk studies, and establishing a comprehensive climate strategy.

IC Enterra has started to calculate and report Scope 1 and Scope 2 emissions in accordance with the GHG Protocol as of 2022, which has been determined as the base year for all group companies by IC Holding. Following the calculations of all group companies, a Carbon Workshop was organized to set company-based targets by analyzing this data, and projects were initiated to create low-carbon roadmaps for companies, taking into account the opportunity areas and constraints indicated by the participants. As a result of all its evaluations, IC Holding has set an emission reduction target of 27% by 2030, with 2022 as the base year. It has determined a 3.5% reduction target for Scope 1 and 2 emissions for 2024 and follows up on the work carried out in this context through annual calculations and reporting. For IC Enterra, data collection infrastructure and awareness activities aimed at calculating Scope 3 emissions are also among the key focus areas for the upcoming period.

Producing approximately 1.2 billion kWh of electricity in 2024 with 9 hydroelectric power plants (HPPs) with a total installed capacity of 388 MW in Türkiye, IC Enterra has prevented approximately 650 thousand tons of carbon emissions. YEKA Erzin-2 SPP, with an installed capacity of 136 MWm and expected to reach full capacity in 2025, will produce an average of 248,000 MWh/year of electricity and contribute to the reduction of approximately 157 thousand tons of carbon emissions annually.

Efficiency-enhancing projects are also being implemented in all existing plants. In this context, IC Enterra Renewable Energy, aiming to increase the efficiency of Bağıştaş-1 Dam and HPP, which was commissioned in Erzincan in 2015, achieved an increase in production efficiency by reducing internal consumption by 25% in this plant. In 2023, within the scope of Bağıştaş-1 HPP, the ISO 50001 Energy Management System Certification process was completed; annual gross energy production was increased and internal consumption reduced through efficient pump replacements, an LED Conversion Project, and automation improvements.

With the Bağıştaş Hybrid SPP project, a 61 MWm capacity investment, and ongoing investments in a 485 MWm wind and solar energy project with storage, the rate of prevented carbon emissions will increase with the commissioning of these investments.