UNITED NATIONS GLOBAL COMPACT

One of the main objectives of Vestel Group of Companies (“Vestel”) is to enhance the vision of Turkey in terms of human rights, working conditions, environmental and ethical issues in all the areas it operates. Utilizing all of our resources efficiently and taking our steps by considering the future are the main elements of our decision making process.

As Vestel, we manage our economic, social, environmental and ethical codes with our corporate sustainability identity. We are aware that the resources are not infinite; therefore, we carry out our activities in line with our Ethical Principles in order to improve the quality of people’s lives and to protect the balance between natural life and resources as much as possible. These values have shaped our business ethics right from the beginning and enable us to maintain the success we have achieved in our more than half a century-long journey. Being a signatory of the world’s largest corporate sustainability initiative, the United Nations Global Compact (UNGC), as an indicator of our commitment to our targets, makes a significant contribution to us in terms of the institutionalization of this understanding.

The UN Global Compact, which has become prevalent since 2000, consists of ten principles covering the areas of human rights, working conditions, environment and anti-corruption. These principles are prepared with a leading perspective to guide companies and institutions to achieve higher targets with respect to risk management, increasing productivity, employee motivation and loyalty, brand awareness and access to new markets.