ETHIC PRINCIPLES

Ethical Values of the Abalıoğlu Holding Companies

•We, as the Abalıoğlu Group Board Members, Managers at each level and all Employees, believe that we are exemplary ethical people of exemplary ethical corporations.

•Our business ethics codes are feeding from our individual and corporate values, working habits and corporate culture. We consider these codes as an expression of our management approach and the essence of life philosophy. 

•The “HUMAN FIRST” and “Share what you get from the society with the society” approaches are the basis of our Business Ethics Principles. 

•Our life philosophy is living as a good corporate citizen, a good Turkish citizen, a good world citizen and ultimately as a good person.

•We are transparent, accountable, responsible, and effectively and efficiently working corporations and people and working to reinforce these properties. 

•We are the community of serious, honest, consistent, fair and decent people with business ethics towards all people and organizations we have a relation with and we will remain like this. We will let no one or no event impair this. 

•We believe in the rule of law principle and comply with laws and will never make concessions to this. 

•We are people acting in equity, respectful to other people’s rights, protecting their own and company’s rights, producing value and sharing such value produced in equity, and creating solutions according to goodwill rules and we will keep in this way.

•We are reconciliatory people believing in the appropriateness of acting prudentially in any issue and seeking for solutions based on this approach. 

•We are people that are able to distinguish the good and the bad, and the right and the wrong, and trying to improve this ability.

•We are hardworking, creative, determined and assertive people working to create long-lasting values in life and will keep living improving these properties of ours. 

•We are people who know and fulfill their corporate powers and responsibilities with a group culture and protect their work and company, and will continuously improve these properties.

•We are reliable people avoiding conflict of interests. Our practices are based on mutual respect and trust and we will never make concessions to this.

•We are people who have adopted the principle of putting our company’s interest before ours for decisions to be made.

•We consider all information we have due to our job in the company as our own asset and use such information for the company and make no personal advantage of such information.

•We are extremely tightlipped people in terms of use and disclosure of company information and care for confidentiality. 

•We never use company assets to obtain material benefits neither for us not our relatives and we will keep in this way.

•We have a creative culture open to innovative ideas and alternative proposals, deeming every idea worthy for evaluation and respectful to holders of any idea, and we will enroot and keep in this way. 

•We are people who have targets in our jobs and lives and increase these targets and we will maintain this life style. 

•We are people who believe that training and education is not limited to school and continuous development is possible though continuous learning. 

•We are people who are aware that resources of our company, country and the nature are not unlimited and any kind of wastage must be prevented whenever applicable and we will keep working to spread this approach to the whole society. 

•We are people who consider honesty, openness and respect as the main criteria in communication.

•We arefair, honest and consistent corporations in our relations with our customers, suppliers and employees and we act with the principles of mutual gain and satisfaction. 

•We are conscious and tolerant people who do not discriminate people based on their religion, language, color or sex etc. and we will work to spread this tolerance culture beyond us.

•We are highly respectful to local values of our international stakeholders. We will work to understand them better and further express ourselves as a society. 

•We are people who do not work to increase our life quality only but also the people around us and we will keep in this way increasingly. 

•We participate in social projects at our own choice. We are volunteers spending time, energy and money for social projects. Our main target is to raise awareness of the public in the issues that are to contribute to people’s life quality and lead the society in this respect. 

•We are a community that believes the importance of education in resolution of problems that the humanity has and works voluntarily and allocates sources to increase educational level of the young population of our country. 

•We are people working voluntarily to protect and improve the nature and the environment beyond fulfilling our legal liabilities and we will spread it to other parts of the society. 

•We adopt the mission to express and spread our ethical sense to constitute an example to other institutions and organizations of the society. 

Common Values of the Abalıoğlu Family

•As the Abalıoğlu Family, we value a beautiful and joyful life both in our personal and business lives but we exclude exaggeration or show-off. 

•We continuously develop ourselves to increase our life quality.

•We meticulously stake out claim on our social reputation.

•We are entrepreneur and brave but we do not allow seeking for adventure. We achieve our growth targets based on strategic planning and accurate feasibility studies. 

•Human is our most valuable resource. Recruiting competent and correct person is the fundamental of our success if responsibilities determined.

•We attach importance to continuous learning and continuous development and work to make our companies leading and preferable in their sectors in the light of these principles.

•Being open to innovative ideas and supporting individuality and creativity is essential for continuous development.

•We put targets in a planned manner and constantly update these targets.

•Quality, efficiency and saving are the essentials of our working habits. We believe that we can achieve our sustainable profitable growth targets in this way. 

•We develop ideas in a democratic platform by evaluating individual proposals and make, quickly implement and follow up our decisions after ensuring every related person’s participation.

•Being honest and fair both in personal and professional relationships is our principle that we never make concessions to.

•We are respectful to others’ rights and claim and follow our own rights.

•Mutual satisfaction is the essential for our business relationships.

•We are loyal to ethic codes and principles and keep our promises.

•Loyalty to laws and respect to rule of law are indispensable for us.

•We work with a transparent, responsible and accountable system.

•We maintain our respect to each other and people around us and we do not enter into conflict of interests.

•We are helpful and generous on a social responsibility basis.

•We voluntarily support development of the people living in the environment where we live and protection of their nature and culture and this support should be maintained. For this support, we take strength from the principles of “Human First” and “Share whatever you get from the society with the society”.