Sustainability

With the Paris Climate Agreement, the EU Green Agreement, and ISO London Declaration, steps have been taken to reduce greenhouse gas emissions in the world. With the Green Deal, EU countries aim to reduce their carbon emissions by 55 percent by 2030 compared to 1990, and to be the first carbon neutral continent by 2050.

In addition, The Council of Europe has reached an agreement with the letter “Regulation of the European Parliament and of the Council Establishing a Carbon Border Adjustment Mechanism” (CBAM) dated March 15, 2022. The aim is to prevent carbon leakage caused by companies shifting their production to countries with less emission restrictions. Carbon Border Adjustment Regulation and Its Impact on Trade This mechanism means that a cost equivalent to the carbon costs of designated goods produced within the borders of the European Union is applied to the same products imported into the European Union under the Emissions Trading System (ETS). It is seen that the importer within the borders of the European Union will receive a CBAM certificate within the scope of ETS, according to the greenhouse gas amounts of the product to be imported, in the import of the products in certain sectors.

Which Sectors are Specified?
In the draft accepted by the Council, it was stated that the mechanism would be applied to the iron-steel, cement, aluminum, fertilizer, and electricity sectors, which have the highest risk of carbon leakage, and the products in these sectors were determined on the basis of tariff position.

How will CBAM be implemented?
A transition period that does not bring financial responsibility will be implemented in a 3-year period (in consideration to extend by 1 year) starting from 2023, and it will be implemented in real terms from beginning of 2026. During the transition period, importers will be expected to report quarterly on the direct and indirect emissions of their imports. It is mentioned that in 2026, importers will have financial responsibilities within the scope of CBAM and accordingly, they will submit an annual declaration regarding the CBAM certificates they have purchased.

In London Declaration, September 2021, International Organization for Standardization (ISO) with its members, stakeholders and partners, declared to speed up to achieve the Standards and publications of Paris Agreement, United Nations Sustainable Development Goals and United Nations Call for Action on Adaptation and Resilience targets. A total of 124 members of ISO, are parties to this agreement.

EN ISO 14064-1:2019 is the Standard for Greenhouse Gases and EN ISO 50001 is the Standard for Energy Management. These Standards are in interaction with European CBAM Certification.

In order to get our corporate carbon footprint reported by the authorized institutions, we implement all of the standards of ISO 50001 Energy Management and ISO 14064-1 Carbon Footprint Calculation Systems by the end of 2024, and we run these systems all through 2025.

Renewable energy is energy derived from natural sources that are replenished at a higher rate than they are consumed. Sunlight and wind, for example, are such sources that are constantly being replenished. Renewable energy sources are plentiful and all around us. All renewable energy sources like solar, wind, geothermal, hydropower, wave and tidal power are forms of sustainable energy. These energy sources have been here for centuries and are here to stay till life is available on earth.

Fossil fuels – coal, oil and gas – on the other hand, are non-renewable resources that take hundreds of millions of years to form. Fossil fuels, when burned to produce energy, cause harmful greenhouse gas emissions, such as carbon dioxide. Generating renewable energy creates far lower emissions than burning fossil fuels. Transitioning from fossil fuels to renewable energy is key to addressing the climate crisis.

Taking responsibility for the future of our planet, MT Displays received I-REC International Renewable Energy Certificate, representing 3 500 MWh of electricity generated from renewable sources, relating to electricity consumption from Kulp I HES Hydro-Electric energy source in respect of the reporting period 01.01.2025 to 31.12.2025.

Definition of Zero Waste, adopted by the ZWIA board December 2018: “The conservation of all resources by means of responsible production, consumption, reuse, and recovery of products, packaging, and materials without burning and with no discharges to land, water, or air that threaten the environment or human health.”

On all of our plants, our top priority is quality and our certified quality management system meets international standards. We harmonize technology with ecology, implement innovative energy concepts and promote an effective management of production waste and recycling.