Yildiz

Lobbying
Yildiz discloses a list of trade associations. It has however an opportunity to show further leadership by disclosing a full list of its trade associations.

Ecosystem conversion and restoration
The company has a commitment to minimise ecosystem conversion, and discloses some activities to achieve this goal.

GHG emissions
The company reduces its scope 1 and 2 greenhouse gas emissions.

Resource exploitation and circularity performance
The company discloses activities to improve soil health or agrobiodiversity in its production or sourcing practices.

Solid and air pollution
The company demonstrates commitment and partakes in activities related to plastic use reduction and transitioning towards sustainable packaging.

Water
The company demonstrates reducing water withdrawal in its own operations.

No leading practices were identified in the social inclusion and community impact area.

Act ethically
The company has a policy prohibiting bribery and corruption.

Provide and promote decent work
The company has a publicly available policy statement in which it commits to respecting the health and safety of workers and extends this expectation to its business relationships. Furthermore, it publicly commits to gender equality and women’s empowerment. The company aims to use 10% of its portfolio investments to support women entrepreneurs until 2023. It also reports the proportion of women in its total direct operations workforce for each employee category.

Respect human rights
The company has a publicly available policy statement committing it to respect human rights. It has also established a human rights grievance mechanism accessible to all workers.

Lobbying
The company has an opportunity to disclose a clear and detailed framework for assessing alignment of its trade associations with its sustainability targets and to report (potential) misalignments.

Stakeholder engagement
The company has an opportunity to disclose an overview of the issues raised by each stakeholder group during its stakeholder engagement activities and to describe its process, including frequency and channels, for engaging with stakeholder groups beyond materiality assessment.

Sustainability strategy and accountability
While the company states that it has a materiality assessment, it has an opportunity to disclose its process for identifying and prioritising its most relevant sustainability topics and impacts. This should include how regularly the assessment is undertaken. Also, the company discloses some sustainability objectives/targets including social inclusion. However, there is an opportunity to establish group-wide targets for the most material parts of its value chain and report consistently against all its targets. Furthermore, it could link performance criteria in senior executives’ remuneration policies to targets and objectives which cover nature, including biodiversity, and social issues. Lastly, the company could improve its transparency by disclosing whether its highest governance body has expertise with respect to the company’s most material sustainability topics.

Ecosystem conversion and restoration
The company does not have a commitment to ensure zero conversion, and does not have time-bound targets to achieve conversion-free supply chains.
While the company discloses some evidence of addressing conversion, this does not guarantee DCF-aligned practices.

Furthermore, the company is not committed to restoring ecosystems and it does not disclose details and outcomes of ecosystem restoration projects in areas affected by its own operations or by its suppliers.

GHG emissions
The company should set time-bound targets to reduce its scope 1, 2 and 3 greenhouse gas emissions as well as report progress against them. Crucially, the company needs to reduce its scope 3 emissions and all its scope 1, 2 and 3 targets need to align with a 1.5-degree trajectory.

Impact and dependencies assessment
While the company’s subsidiary, Kerevitas, monitors biodiversity impacts through programs like “Back to Farm,” the company itself has an opportunity to assess and disclose its impacts on nature, including biodiversity, within its own operations and upstream business relationships. Furthermore, understanding its dependencies on nature in its operations and supply chain would amplify its sustainability efforts.

Invasive species
The company has not identified any activities that could lead to the introduction of invasive alien species in its own operations.

Key areas and species
The company has an opportunity to disclose locations within or adjacent to areas important for biodiversity, both in its own operations and its supplier locations. It could also disclose existing species populations existing in or adjacent to both its own and its suppliers’ locations, as well as the conservation status of species identified at its own sites according to national and international lists.

Resource exploitation and circularity performance
No evidence was found regarding the company’s efforts to work towards a circular economy or which organisms it exploits. The company has an opportunity to develop a strategy and publicly report on specific, time-bound targets.

Solid and air pollution
The company should commit to avoid developing or marketing new chemicals or products with SVHC (substance of very high concern) properties, as well as work on reducing the production of hazardous substances and waste. While its subsidiary discloses some data on harmful air pollutants, the company has an opportunity to report this data at group level and disclose time-bound targets to reduce air pollutants across the most material parts of its value chain. The company could also provide quantitative evidence regarding plastic use reduction and use of sustainable packaging, including the amount of plastic waste generated and proportions directed from or to disposal.

Water
The company does not disclose relevant information related to water, in its operations or supply chains.

Indigenous Peoples’ and land rights
The company does not show if it is committed to respecting Indigenous Peoples’ rights or land rights of local communities.

Safe, clean, healthy and sustainable environment
The company has an opportunity to commit to respecting local communities’ right to a safe, clean, healthy and sustainable environment, and to zero tolerance for acts of violence, threats, intimidation or judicial harassment committed against land and environmental rights defenders. Moreover, it should track its actual or potential negative impacts on the health of local communities.

Act ethically
The company has an opportunity to include anti-bribery and anti-corruption clauses in its business relationships’ contracts. Additionally, it can establish a process to identify risks and impacts related to bribery and corruption, along with a grievance mechanism for stakeholder complaints that is accessible to all stakeholders.

Furthermore, the company can demonstrate ethical conduct by publishing a policy statement that outlines its approach to lobbying and emphasizes its non-participation in political contributions, or alternatively, states the criteria of exceptions. It could also transparently disclose all lobbying expenditures.

Provide and promote decent work
The company has an opportunity to strengthen its commitment to workers’ health and safety by providing evidence of monitoring suppliers’ compliance. Additionally, it could set a time-bound target for ensuring all workers receive a living wage, describes the living wage determination methodology, and discloses strategies to support suppliers in paying a living wage. Furthermore, it could disclose that it has at least 30% women on the Board of Directors and report the ratio of the basic salary and remuneration of women to men.

Respect human rights
The company has a publicly available policy statement committing it to respect specific workers’ rights and expecting its suppliers to do so. However, it has an opportunity to reference all the ILO fundamental rights at work. Additionally, the company could describe the process for identifying human rights risks and impacts in specific activities or locations, covering its operations and value chain, beyond audits. It could also outline its process for assessing and identifying what it considers to be its salient human rights issues and disclose the results. Moreover, the company could establish a global system to address these salient human rights issues by implementing preventive, mitigative, or remedial measures.