I, Ahmet Murat Celebi/MCT Lifesciences Ltd, declare our commitment to implementing a comprehensive Carbon Reduction Plan as part of our ongoing efforts to mitigate climate change and contribute to a more sustainable future. Recognizing the urgent need to address the adverse impacts of carbon emissions on the environment and society, we have developed this plan to outline our strategies and goals towards reducing our carbon footprint and transitioning to a low-carbon economy.

1. Objective:

Our primary objective is significantly reducing carbon emissions across our operations, supply chain, and activities. By doing so, we aim to contribute to limiting global warming to below 2 degrees Celsius above pre-industrial levels, as outlined in the Paris Agreement.

2. Baseline Assessment:

We will thoroughly assess our current carbon emissions by engaging with experts and using standardized measurement methodologies. This assessment will serve as the foundation for setting ambitious yet achievable reduction targets.

3. Reduction Targets:

Based on the baseline assessment, we will establish short-term and long-term reduction targets that align with the latest scientific research and recommendations. These targets will be measurable, time-bound, and specific to each area of our operations.

4. Energy Efficiency:

We will prioritize energy efficiency measures to optimize energy use across our facilities, offices, and processes. This includes adopting energy-efficient technologies, equipment, and practices and promoting energy conservation behaviours among our employees and stakeholders.

5. Renewable Energy:

We will actively seek opportunities to increase our use of renewable energy sources to accelerate the transition to a low-carbon energy system. This may involve installing solar panels, purchasing renewable energy certificates, partnering with renewable energy providers, or exploring other innovative solutions to meet our energy needs sustainably.

6. Sustainable Transportation:

We will strive to reduce emissions associated with transportation by promoting sustainable commuting options for our employees, encouraging telecommuting when feasible, optimizing logistics and transportation routes, and transitioning to low-emission vehicles for our fleets where applicable.

7. Supply Chain Engagement:

Recognizing the significance of our supply chain's impact on carbon emissions, we will collaborate with our suppliers to encourage and support their own carbon reduction initiatives. We will work towards establishing transparent reporting mechanisms and rewarding suppliers who demonstrate a commitment to carbon reduction and sustainable practices.

8. Employee Engagement and Awareness:

We will foster a sustainability and climate awareness culture among our employees by providing education and training programs, promoting environmentally friendly practices, and encouraging their active participation in our carbon reduction efforts.

9. Monitoring, Reporting, and Accountability:

We will establish robust monitoring and reporting systems to track our progress towards achieving our carbon reduction targets. Regular assessments and audits will be conducted to ensure compliance and identify areas for improvement. We will communicate our progress transparently to our stakeholders and be accountable for our actions.

10. Collaboration and Advocacy:

Recognizing the importance of collective action, we will actively seek collaboration with industry peers, NGOs, governmental bodies, and other stakeholders to share knowledge, best practices, and resources. We will also engage in advocacy efforts to promote policies and initiatives that support carbon reduction and climate action.

By signing this declaration, we affirm our unwavering commitment to successfully implementing this Carbon Reduction Plan. We understand this journey requires continuous effort, innovation, and adaptation to new technologies and practices. Nevertheless, we are determined to contribute to a more sustainable and resilient future for future generations.