Potential offtaker

Ford Otomotiv Sanayi A.S ( Ford Otosan)

www.fordotosan.com.tr

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Which other companies from Turkey are actively involved in decarbonization initiatives?
  • BRISA
  • Vakifbank
  • Vestel Elektronik Sanayi ve Ticaret A.S.
  • Vestel Beyaz Esya Sanayi ve Ticaret A.S.
  • OYAK Cement
  • Abdi Ibrahim Pharmaceuticals
  • Ford Otomotiv Sanayi A.S (Ford Otosan) is a leading automobile manufacturer in Turkey, with a strong focus on sustainability and decarbonisation. The company was established in 1959 as a joint venture between Ford Motor Company and Koç Holding, and has since become one of the largest automotive companies in Turkey.

    Ford Otosan's commitment to sustainability is evident in its corporate energy strategy, which aims to reduce the company's carbon footprint and increase its use of renewable energy. The company has set ambitious targets to reduce its carbon emissions by 30% by 2030, and has implemented a range of initiatives to achieve this goal.

    One of the key initiatives that Ford Otosan has implemented to reduce its carbon footprint is the use of corporate power purchase agreements (PPAs) for renewable energy. PPAs allow companies to purchase renewable energy directly from renewable energy generators, thereby reducing their reliance on fossil fuels and supporting the growth of renewable energy.

    In 2020, Ford Otosan signed a corporate PPA with Enerjisa Enerji, a leading renewable energy company in Turkey, to purchase 80 MW of wind power. This PPA will enable Ford Otosan to reduce its carbon emissions by 120,000 tonnes per year, equivalent to the emissions from approximately 25,000 cars.

    In addition to its use of corporate PPAs, Ford Otosan has also invested in renewable energy projects to generate its own clean energy. The company has installed a 1 MW solar power plant at its Kocaeli plant in Turkey, which generates approximately 1.5 million kWh of electricity per year. This solar power plant has enabled Ford Otosan to reduce its carbon emissions by 900 tonnes per year.

    Ford Otosan's commitment to sustainability extends beyond its corporate energy strategy. The company has also implemented a range of initiatives to reduce its environmental impact across its operations. For example, the company has implemented a waste reduction program that has enabled it to reduce its waste generation by 50% since 2010. The company has also implemented a water management program that has enabled it to reduce its water consumption by 30% since 2010.

    In addition to its environmental initiatives, Ford Otosan is also committed to social responsibility and community engagement. The company has implemented a range of programs to support education, health, and social development in the communities where it operates. For example, the company has established a vocational training center in Kocaeli to provide training and employment opportunities for young people.

    Overall, Ford Otomotiv Sanayi A.S (Ford Otosan) is a leading automobile manufacturer in Turkey that is committed to sustainability and decarbonisation. The company's corporate energy strategy, which includes the use of corporate PPAs and investment in renewable energy projects, is a key part of its commitment to reducing its carbon footprint. In addition to its environmental initiatives, Ford Otosan is also committed to social responsibility and community engagement, and has implemented a range of programs to support education, health, and social development in the communities where it operates.

    ✓ Science Based Targets member
    ✓ Declared Net Zero commitment