Headline: Kocaer Joins the Ranks of Global Initiative Responsible Steel

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Headline: Kocaer Joins the Ranks of Global Initiative Responsible Steel

Kocaer, one of the leading companies in the Turkish iron and steel sector, has joined the global platform Responsible Steel, which promotes sustainable production and consumption processes in the steel industry. This platform aims for steel producers and suppliers to adopt a more responsible and transparent approach from social, environmental, and economic perspectives. It also develops measures and sustainability policies to reduce the environmental impact of the steel industry.

SUSTAINABILITY COMMITMENT Hakan Kocaer, Chairman of the Board of Kocaer Steel, commented on the company's membership in Responsible Steel, highlighting the platform's efforts to bring together the world's most reputable producers in the sector to help not only producers but the entire supply chain achieve net-zero targets. He stated that they continually work with increasing momentum each year to reach the company's sustainability vision. Kocaer expressed pride in advancing their commitment in this area through membership in Responsible Steel, emphasizing that human, environmental, and societal responsibilities are key components that enhance the company's competitiveness in all business processes.

CREATING EXPORT VALUE WITH RESPONSIBLE STEEL MEMBERSHIP Hakan Kocaer stated:
"The membership of our company, which has a 60-year legacy of production experience, in Responsible Steel strengthens our commitments in sustainability while enhancing the responsibility awareness and corporate consciousness of all our employees. This membership marks an important step for our company to achieve its environmental, social, and governance (ESG) goals. By participating in the Responsible Steel certification process, Kocaer Steel aims to implement best practices in environmental and social responsibility. We are determined to adopt high standards, not only in environmental sustainability but also in corporate social responsibility, occupational health and safety, and contributions to the community. By taking measures to reduce carbon emissions and enhance energy efficiency, our company aims to benefit both the environment and society, continuing to boost its competitiveness in global markets. As an international company with enduring enthusiasm and confidence in the future, we will continue to add value to our country's economy and exports."

WHAT IS RESPONSIBLE STEEL? Responsible Steel is a global awareness platform initiative that promotes sustainable production and consumption processes within the steel industry. The platform aims for steel producers and suppliers to adopt a more responsible and transparent approach from social, environmental, and economic perspectives. It develops measures and policies for sustainability to reduce the environmental impact of the steel industry.

Responsible Steel, striving for supply chains and steel producers to achieve net-zero targets, offers significant advantages for companies operating in the steel industry. Under the theme of "Environmental Sensitivity," Responsible Steel encourages eco-friendly production processes, aiming for steel producers to minimize their environmental impact by using natural resources more efficiently through measures such as reducing carbon footprints, and increasing energy and water efficiency. The Responsible Steel certification helps firms gain a competitive advantage by enabling consumers to prefer their companies. It enhances supply chain transparency and sets standards for suppliers' environmental and social responsibilities, increasing supply chain reliability while minimizing risks. It also boosts the reputation of companies that prioritize social responsibility projects and community engagement.