Türk Prysmian Kablo Raises Corporate Governance Rating to 95.81. 17 Years of Continuous Improvement in Corporate Governance

Türk Prysmian Kablo, the Turkish operation of Prysmian, the global leader in the energy and telecommunications cable industry, has completed the 2024 Corporate Governance Rating assessment conducted by institutions authorized by the Capital Markets Board (CMB). In the statement made to the Public Disclosure Platform (KAP), it was noted that the previously announced score of 95.60 on November 27, 2024, was re-evaluated in line with improvements during the new rating period and raised to 95.81. 

Consistent Success in Corporate Governance 

Under the CMB Corporate Governance Principles, Türk Prysmian Kablo largely maintained its strong performance across four main categories. It scored 95.90 in Shareholders, 98.41 in Public Disclosure and Transparency, and 92.29 in Board of Directors. In the Stakeholders category, the company achieved 99.51 points, marking an increase compared to last year. 

With these results, the company’s overall Corporate Governance Rating was confirmed at 95.81. This performance once again demonstrates the company’s high level of compliance with CMB Corporate Governance Principles and its effective management of governance risks. 

“We Raise the Bar in Transparency and Accountability Every Year” 

Türk Prysmian Kablo CEO Daniele Mazzarella emphasized that the results reflect the strength of the company’s culture, stating: “The increase in our Corporate Governance Rating this year is a great source of pride. This consistent improvement over 17 years is a tangible indicator of our management approach based on transparency, accountability, and trust with our stakeholders. While maintaining our strong position in the Borsa Istanbul Corporate Governance Index, we also reinforce our leadership in the sector. We will continue to create value for our customers, shareholders, and all stakeholders, and contribute to Türkiye’s economic and industrial development.”