STATEMENT: Karadeniz Holding Launches "One World Karadeniz Foundation", Its New Global Foundation

(Information sent by the signatory company).

STATEMENT: Karadeniz Holding Launches "One World Karadeniz Foundation", Its New Global Foundation

(Information sent by the signatory company)

ISTANBUL, April 22, 2024 /PRNewswire/ -- Global energy company Karadeniz Holding has launched the One World Karadeniz Foundation, its philanthropic arm, to drive investment in initiatives aimed at fostering a sustainable and equitable world.

Guided by the company's "One World" philosophy, which ensures that no one is left behind and that basic rights are universally accessible, the foundation will focus on three main pillars in line with the UN Sustainable Development Goals: education and social well-being, humanitarian aid, and environmental sustainability.

"I am delighted to launch the One World Karadeniz Foundation. As a company, we are committed to social responsibility and this is a crucial step in uniting our efforts to create a more equitable, inclusive and sustainable world," said Zeynep Harezi Yılmaz, Vice President of the One World Karadeniz Foundation. "The Foundation's programs are specifically designed to meet local needs around the world, from training fishermen in Brazil to upskilling female students and working with community members across Africa. Karadeniz Holding has a proven track record in the empowerment of young women and girls in particular, and we are excited to further expand this legacy through our new Foundation.”

More recently, the company has leveraged its expertise in floating infrastructure to design and deploy its 'Lifeships': fully equipped, self-sufficient humanitarian emergency vessels. In February 2023, two lifesaving ships were immediately deployed to assist more than 12,000 victims in southern Turkey following the devastating earthquakes, offering shelter and critical services to the local Hatay community. The Lifeships not only provide immediate humanitarian support such as food, shelter and medical care, but are also equipped to support the long-term well-being of survivors, with one of the ships being adapted to serve as a boarding school for local students. This story is told in a documentary broadcast on CNBC Africa on April 18.

Karadeniz Holding has long implemented educational scholarships and vocational training, investing more than $2.5 million to address unequal opportunities for women and girls. Initiatives range from STEM-related scholarships to partnerships with local and international NGOs, supporting the education and economic empowerment of thousands of young people around the world.

Additionally, the company has launched reforestation programs in Ghana and Brazil, underscoring its commitment to community partnership and responsibility for the well-being of future generations.

Coinciding with Earth Day, Karadeniz Holding celebrated the launch of the foundation at its headquarters, with staff and partners from its global offices in attendance.

In the coming weeks, the Foundation's new projects will be detailed through the website.

Acerca de la One World Black Sea Foundation

Karadeniz Holding's 'One World' philosophy was formalized by Rauf Osman Karadeniz, who laid the foundation of Karadeniz Holding in 1948. This spirit is based on "living and working together in peace and harmony, sustained by high moral and human values" . Rooted in these principles, the One World Karadeniz Foundation is dedicated to advancing equality for all. The company prioritizes the well-being of the communities it serves, with the goal of improving their socioeconomic conditions and contributing to a sustainable future.

Acerca de Karadeniz Holding

With more than 76 years of experience, Karadeniz Holding owns and operates the world's largest fleet of floating power plants, called 'Powerships'. The active fleet currently comprises a total of 40 Powerships with a total capacity of more than 6,000 MW, operating on four continents and employing more than 10,000 people worldwide. Karadeniz Holding became the first private company in Turkey to export cross-border electricity and import electricity from Europe. As a pioneer in the energy sector, providing uninterrupted, reliable and cleaner energy on a global scale, Karadeniz Holding continues to invest and operate solar and geothermal power plants in Turkey, leveraging its innovative solutions to provide social and environmental benefits.

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