Integrated Analysis of Environmental Sustainability Performance: Zorlu Energy Example
Chapter from the book:
Karaca,
C.
&
Buğan,
M.
F.
(eds.)
2023.
Evolution of Financial Markets- II.
Synopsis
The concept of environmental sustainability, which is becoming increasingly important today, the determination and weighting of its criteria, the evaluation of the performance of the enterprises constitute the Multi-Criteria Decision Making (MCDM) problem. In this study, the three-year environmental sustainability performance data on the Zorlu Energy group's website were weighted with the Entropy method, one of the MCDM methods, and ranked with the CoCoSo (Combined Reconciliation Solution) method used in ranking and selection methods. The criteria that are effective in environmental sustainability performance are listed in order of importance. In the calculation, the 'energy consumption' criterion was calculated as the highest weighted criterion. In 2019, Zorlu Energy's environmental sustainability performance was the highest, while 2018 was the lowest.
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Copyright (c) 2023 Cengizhan Karaca- Mehmet Fatih Buğan; Gökhan Berk Özbek- Mehmet Serkan Çalı- Salih Aydın- Yunus Karaömer- Atilla Koçyiğit- Serdar Yaman- Meltem Keskin- Yunus Emre Kahraman- Mustafa Hasan Hamad Ameen- Aslı Afşar- Tahsin Galip Tekin- Naci Yılmaz- Muhammed Fatih Yürük- Elçin Noyan- İsmet Bolat- Nuri Volkan Kayaçetin- Halime Karaca- Berna Ağbulut- Reyhan Öztürkmen- Adem Ruhan Sönmez