Marti Technologies Unveils 2023 Sustainability Efforts
ISTANBUL--Marti Technologies, Inc. (“Marti” or the “Company”) (NYSE American: MRT), Türkiye’s leading mobility super app, has announced the release of its 2023 Sustainability Report. This significant document details the Company's sustainability milestones and future commitments, which align with its mission to revolutionize urban mobility.
Commitment to a Sustainable Future
“We are thrilled to present our 2023 Sustainability Report, demonstrating our commitment to a sustainable and responsible future,” stated Alper Oktem, Founder and CEO of Marti. As the top mobility app in Türkiye, Marti recognizes the critical role of sustainability and social responsibility. The Company strives to incorporate sustainability into every aspect of its operations and strategic planning. Marti’s sustainability initiative, ‘Move Forward. Together,’ is founded on three core pillars: ‘Smarter Mobility,’ ‘Cleaner Cities,’ and ‘Safer Rides.’ Through this framework, Marti aims to work with various stakeholders to create a safer, cleaner, and smarter future, integrating electric and shared vehicles into everyday life.
Environmental Accomplishments
In 2023, Marti’s initiatives have significantly contributed to environmental sustainability, resulting in the avoidance of approximately 941 tons of CO2 emissions. This quantity is equivalent to the CO2 absorption of about 43,000 mature trees. Moreover, evaluations indicate that the emissions reduced by Marti’s e-mopeds, e-bikes, and e-scooters are 46%, 37%, and 21% lower, respectively, when compared to conventional urban transportation options in Türkiye.
Goals for Carbon Neutrality
Marti has set an ambitious goal to achieve net-zero Scope 1 and Scope 2 emissions by 2030. Furthermore, the Company aims to implement net-zero inbound logistics under Scope 3 by the same target year. As part of enhancing safety for its users, Marti plans to introduce the “Marti Safety Academy.” This platform aims to elevate rider safety levels comprehensively. In a collaborative effort with the ?stanbul Metropolitan Municipality, Marti is also working on establishing dedicated parking spaces for two-wheeled electric vehicles, enhancing urban mobility infrastructure.
Circular Economy and Resource Management
The 2023 Sustainability Report emphasizes Marti's dedication to the circular economy through strategic raw material management and waste minimization. The Company has set an ambitious target of achieving a 0% landfill rate by 2025 through the reuse, recycling, and repair of all materials. In collaboration with specialized recycling partners, Marti achieved a remarkable 100% recycling rate in 2023, processing 60.5 tons of various materials, including metals, batteries, electronics, and plastics. Impressively, Marti has successfully reached a 0% landfill output for all process byproducts, two years ahead of its initial timeline.
Critical Areas of Focus
The sustainability report also delves into vital topics including employee relations, supply chain management, customer satisfaction, research and development endeavors, and corporate governance. Marti is committed to integrating sustainability into its business strategies and fostering transformative changes in Türkiye's transportation sector to ensure sustainable travel for generations to come.
About Marti
Founded in 2018, Marti stands as Türkiye’s foremost mobility app, offering various transport services to users. The Company operates a ride-hailing platform connecting riders with car, motorcycle, and taxi drivers and maintains a substantial fleet of rental e-mopeds, e-bikes, and e-scooters. All of Marti’s services are backed by advanced software systems and IoT infrastructure, which make urban mobility accessible and efficient.
Frequently Asked Questions
What is the main focus of Marti's 2023 Sustainability Report?
The report highlights Marti's sustainability achievements and future commitments in creating smarter, cleaner, and safer urban mobility solutions.
How has Marti reduced carbon emissions?
Marti's initiatives have prevented approximately 941 tons of CO2 emissions in 2023, equating to the absorption capacity of about 43,000 fully grown trees.
What are Marti's sustainability goals for 2030?
Marti aims for net-zero Scope 1 and Scope 2 emissions by 2030 and is working towards net-zero operations for inbound logistics as well.
What initiatives is Marti launching to improve rider safety?
Marti is developing the “Marti Safety Academy,” intended to enhance the safety standards for its riders and users.
What is Marti's approach to waste management?
The Company aims to achieve a 0% landfill rate by 2025 through recycling and reuse efforts, having already reached a 100% recycling rate in 2023.
