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Marti Releases 2023 Sustainability Report

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Marti Technologies (NYSE American: MRT), Türkiye's leading mobility super app, has released its 2023 Sustainability Report. The company's sustainability strategy, 'Move Forward. Together,' focuses on three pillars: Smarter Mobility, Cleaner Cities, and Safer Rides. In 2023, Marti's operations helped avoid approximately 941 tons of CO2 emissions, equivalent to the absorption of 43,000 fully grown trees. Their e-mopeds, e-bikes, and e-scooters achieved CO2 emission reductions of 46%, 37%, and 21% respectively compared to other urban transportation options.

The company aims for net-zero Scope 1 and 2 emissions by 2030 and achieved a 100% recycling rate in 2023, processing 60.5 tons of materials. Notably, Marti reached its 0% landfill rate goal two years ahead of schedule.

Marti Technologies (NYSE American: MRT), la principale super app per la mobilità in Turchia, ha pubblicato il suo Rapporto sulla Sostenibilità 2023. La strategia di sostenibilità dell'azienda, 'Muovere avanti. Insieme,' si concentra su tre pilastri: Mobilità Intelligente, Città Più Pulite e Viaggi Più Sicuri. Nel 2023, le operazioni di Marti hanno contribuito a evitare circa 941 tonnellate di emissioni di CO2, equivalenti all'assorbimento di 43.000 alberi adulti. I loro e-moped, e-bike e e-scooter hanno registrato riduzioni delle emissioni di CO2 del 46%, 37% e 21% rispettivamente, rispetto ad altre opzioni di trasporto urbano.

L'azienda mira a raggiungere emissioni nette zero per i propri Ambiti 1 e 2 entro il 2030 e ha raggiunto un tasso di riciclo del 100% nel 2023, trattando 60,5 tonnellate di materiali. È importante notare che Marti ha raggiunto il suo obiettivo di 0% tasso di discarica con due anni di anticipo.

Marti Technologies (NYSE American: MRT), la principal super app de movilidad en Turquía, ha publicado su Informe de Sostenibilidad 2023. La estrategia de sostenibilidad de la empresa, 'Avanzar. Juntos,' se enfoca en tres pilares: Movilidad Inteligente, Ciudades Más Limpias y Viajes Más Seguros. En 2023, las operaciones de Marti ayudaron a evitar aproximadamente 941 toneladas de emisiones de CO2, equivalente a la absorción de 43,000 árboles completamente crecidos. Sus e-moped, e-bikes y e-scooters lograron reducciones de emisiones de CO2 del 46%, 37% y 21% respectivamente en comparación con otras opciones de transporte urbano.

La empresa tiene como objetivo alcanzar emisiones netas cero en los Alcances 1 y 2 para 2030 y logró una tasa de reciclaje del 100% en 2023, procesando 60.5 toneladas de materiales. Cabe destacar que Marti alcanzó su meta del 0% de tasa de vertedero dos años antes de lo previsto.

Marti Technologies (NYSE American: MRT), 터키의 선도적인 모빌리티 슈퍼 앱이 2023 지속 가능성 보고서를 발표했습니다. 회사의 지속 가능성 전략인 '함께 앞으로 나아가다'는 세 가지 기둥에 초점을 맞추고 있습니다: 스마트한 모빌리티, 더 깨끗한 도시, 안전한 이동. 2023년 동안 Marti의 운영은 약 941톤의 CO2 배출량을 회피하는 데 기여했으며, 이는 43,000 그루의 성숙한 나무가 흡수하는 것과 맞먹습니다. 그들의 전기 스쿠터, 전기 자전거 및 전기 오토바이는 각각 다른 도시 교통수단에 비해 CO2 배출량을 46%, 37%, 21% 줄였습니다.

회사는 2030년까지 Scope 1과 2의 탄소 배출량을 제로로 줄이는 것을 목표로 하며, 2023년에는 100% 재활용률을 달성하여 60.5톤의 재료를 처리했습니다. 특히 Marti는 폐기물 매립률 0% 목표를 2년 앞당겨 달성했습니다.

Marti Technologies (NYSE American: MRT), la principale super app de mobilité en Turquie, a publié son Rapport de Durabilité 2023. La stratégie de durabilité de l’entreprise, 'Avancer ensemble,' se concentre sur trois piliers : Mobilité Intelligente, Villes Plus Propres et Trajets Plus Sûrs. En 2023, les opérations de Marti ont permis d'éviter environ 941 tonnes d'émissions de CO2, équivalant à l'absorption de 43 000 arbres complètement adultes. Leurs e-mopeds, e-vélos et e-trotinettes ont réalisé des réductions d'émissions de CO2 de 46 %, 37 % et 21 % respectivement par rapport à d'autres options de transport urbain.

L’entreprise vise des émissions nettes nulles des Scope 1 et 2 d'ici 2030 et a atteint un taux de recyclage de 100% en 2023, traitant 60,5 tonnes de matériaux. Notamment, Marti a atteint son objectif de taux de décharge de 0 % deux ans avant la date prévue.

Marti Technologies (NYSE American: MRT), die führende Mobilitäts-Super-App in der Türkei, hat ihren Nachhaltigkeitsbericht 2023 veröffentlicht. Die Nachhaltigkeitsstrategie des Unternehmens, 'Vorwärts bewegen. Gemeinsam,' konzentriert sich auf drei Säulen: Intelligente Mobilität, Saubere Städte und Sicheres Fahren. Im Jahr 2023 halfen die Betriebe von Marti dabei, ungefähr 941 Tonnen CO2-Emissionen zu vermeiden, was der Absorption von 43.000 voll ausgewachsenen Bäumen entspricht. Ihre Elektromopeds, E-Bikes und E-Scooter erzielten CO2-Emissionsreduktionen von 46 %, 37 % und 21 % im Vergleich zu anderen städtischen Verkehrsoptionen.

Das Unternehmen strebt bis 2030 Netto-Null-Emissionen für die Bereiche 1 und 2 an und erzielte im Jahr 2023 eine Recyclingquote von 100%, indem es 60,5 Tonnen Materialien verarbeitet hat. Bemerkenswert ist, dass Marti sein Ziel von 0 % Deponierate zwei Jahre früher erreicht hat.

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ISTANBUL--(BUSINESS WIRE)-- Marti Technologies, Inc. (“Marti” or the “Company”) (NYSE American: MRT), Türkiye’s leading mobility super app, today released its 2023 Sustainability Report. The report highlights Marti’s 2023 sustainability achievements as well as the Company’s future commitments and is available under the Sustainability tab on the Company’s investor relations website at https://ir.marti.tech/sustainability.

“We are pleased to share our 2023 Sustainability Report, reflecting our dedication to fostering a more sustainable and responsible future,” said Alper Oktem, Founder and CEO of Marti. “As Türkiye’s leading mobility app, we are acutely aware of the importance of sustainability and social responsibility. At Marti, our aim is to embed the principles of sustainability into our operations and strategy. To achieve our objectives, we follow our sustainability strategy, ‘Move Forward. Together,’ which is centered around three key pillars: ‘Smarter Mobility,’ ‘Cleaner Cities,’ and ‘Safer Rides.’ In line with this strategy, we are committed to collaborating with our stakeholders to build a safer, cleaner, and smarter world, one ride at a time, by fostering the integration of electric and shared vehicles into daily life.”

From an environmental perspective, Marti’s efforts have already contributed to avoiding approximately 941 tons of CO2 emissions in 2023. This is comparable to the CO2 absorption of approximately 43,000 fully grown trees. Analysis shows that Marti’s e-mopeds, e-bikes, and e-scooters achieve reductions in CO2 emissions of 46%, 37%, and 21%, respectively, compared to other urban transportation options in Türkiye.

Marti aims to reach net-zero Scope 1 and Scope 2 emissions by 2030, with a target of implementing net-zero inbound logistics operations under Scope 3 by the same year. To enhance safety resources for riders and customers, Marti is working toward launching the “Marti Safety Academy,” a comprehensive hub to improve rider safety. Furthermore, Marti is collaborating with the İstanbul Metropolitan Municipality to deploy parking spots for two-wheeled electric vehicles.

The 2023 Sustainability Report underscores Marti’s commitment to the circular economy through careful management of raw materials and waste reduction. Marti aimed to achieve a 0% landfill rate by 2025 through reuse, repair, and recycling of all materials. Through partnerships with specialized recycling firms, the Company reached a 100% recycling rate in 2023, covering 60.5 tons of materials such as mixed metals, lithium-ion batteries, electronics, paper, plastics, rubber, and cables. Notably, Marti has already achieved a 0% landfill rate for all process outputs, two years ahead of schedule.

The 2023 Sustainability Report covers a range of critical areas, including employee relations, supply chain, customer satisfaction mechanisms, R&D initiatives and developments, corporate governance structure, and more.

Marti is dedicated to embedding sustainability into its business decisions and is committed to transforming Türkiye's transportation landscape to promote sustainable travel for future generations.

About Marti:

Founded in 2018, Marti is Türkiye’s leading mobility app, offering multiple transportation services to its riders. Marti operates a ride-hailing service that matches riders with car, motorcycle, and taxi drivers, and operates a large fleet of rental e-mopeds, e-bikes, and e-scooters. All of Marti’s offerings are serviced by proprietary software systems and IoT infrastructure. For more information visit www.marti.tech.

Cautionary Note Regarding Forward-Looking Statements

This press release includes “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, also known as the Private Securities Litigation Reform Act of 1995. Any express or implied statements contained in this press release that are not statements of historical fact and generally relate to future events, hopes, intentions, strategies, or performance may be deemed to be forward-looking statements, including but without limitation to statements regarding our ability to achieve the sustainability targets, goals, objectives or programs set forth under our sustainability strategy, “Move Forward. Together,” and descriptions of the Company’s plans, initiatives or objectives for future operations, or the timing of occurrence related to any of the foregoing. Words such as “expect,” “estimate,” “project,” “budget,” “forecast,” “anticipate,” “intend,” “plan,” “may,” “will,” “could,” “should,” “might,” “possible,” “believe,” “predict,” “potential,” “continue,” “aim,” “strive,” and similar expressions may identify such forward-looking statements, but the absence of these words does not mean that a statement is not forward-looking. These forward-looking statements are based on management’s current expectations. These statements are neither promises nor guarantees, but involve known and unknown risks, uncertainties and other important factors that may cause the Company’s actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements, including the risks and factors discussed in the Company’s filings with the U.S. Securities and Exchange Commission, including the Company’s Annual Report on Form 20-F. The Company cautions you not to place undue reliance upon any forward-looking statements, which speak only as to management expectations and beliefs as of the date they are made. The Company disclaims any obligation or undertaking to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, other than to the extent required by applicable law.

Investor Contact

Marti Technologies, Inc.

Turgut Yilmaz

Investor.relations@marti.tech

Source: Marti Technologies, Inc.

FAQ

What were Marti's (MRT) key environmental achievements in 2023?

In 2023, Marti avoided 941 tons of CO2 emissions and achieved a 100% recycling rate for 60.5 tons of materials. Their e-vehicles showed significant emission reductions: e-mopeds (46%), e-bikes (37%), and e-scooters (21%) compared to other urban transport options.

What are Marti's (MRT) sustainability goals for 2030?

Marti aims to achieve net-zero Scope 1 and Scope 2 emissions by 2030, along with implementing net-zero inbound logistics operations under Scope 3 by the same year.

How did Marti (MRT) perform in waste management during 2023?

Marti achieved a 100% recycling rate in 2023, processing 60.5 tons of materials including metals, batteries, electronics, and plastics. They reached their 0% landfill rate goal two years ahead of the 2025 target.

What are the three key pillars of Marti's (MRT) sustainability strategy?

Marti's sustainability strategy 'Move Forward. Together' is built on three key pillars: Smarter Mobility, Cleaner Cities, and Safer Rides.

Marti Technologies, Inc.

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