ESG Risk Monitor
November 26, 2023 - 4:41 am

Kalyon and Cengiz Continue Projects as Government Favorites, Istanbul Airport Plans New Hotels and ‘Airport City’

Vulnerable Groups
ESG Risks
  • Deforestation

  • Environment

Report: Kalyon and Cengiz, two companies that frequently participate in public tenders, are continuing their projects at a steady pace. These companies, which have close ties with the government, are able to obtain project approvals quickly. ESG Risks: 1. Environmental Risk: The construction of hotels near Istanbul Airport, which involved cutting down 8 million trees, raises concerns about deforestation and…

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