Corporate Governance Rating Increases to 95.60 Points

Türk Prysmian Kablo, known for its innovative solutions in the energy and telecommunications cables sector, had its 2024 Corporate Governance Rating assessed by rating agencies authorized by the Capital Markets Board (SPK). Following the evaluation by Saha Corporate Governance and Credit Rating Services, Türk Prysmian Kablo’s Corporate Governance Rating was set at 95.60 out of 100. The company has continuously increased its rating over the last 16 years and improved its score from 95.52 in 2023 by 0.8 points in 2024. As a result, Türk Prysmian Kablo maintains its high position in the Borsa İstanbul A.Ş. Corporate Governance Index. 

High Achievement in Four Areas 

The company’s Corporate Governance Rating was evaluated in four areas: "Shareholders," "Public Disclosure and Transparency," "Stakeholders," and "Board of Directors." Türk Prysmian Kablo scored 95.90 in "Shareholders," 98.41 in "Public Disclosure and Transparency," 98.14 in "Stakeholders," and 92.29 in "Board of Directors." These high ratings reflect the company’s adherence to the Capital Markets Board’s Corporate Governance Principles, ensuring that all policies and measures are implemented, and that management and internal control mechanisms are effectively operating. 

"We Will Continue to Work for a Stronger Future" 

Commenting on the company’s continued success, Prysmian Turkey CEO Daniele Mazzarella said, “We are extremely proud that our Corporate Governance Rating has once again increased this year. Our consistent performance over the past 16 years reflects the importance we place on transparency, accountability, sustainability, and the trust-based relationships we have with our stakeholders. As Türk Prysmian Kablo, we are not only maintaining our strong position in the Borsa İstanbul Corporate Governance Index but also reinforcing our leadership in the sector. With our vision of being a company that ensures high customer satisfaction and adds value to its shareholders, we are advancing our corporate culture and contributing to the country's economy while benefiting our stakeholders. We will continue to work for a more sustainable, transparent, and stronger future.”