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Rönesans Social Impact Analysis 2023

20 February 2024
Rönesans Holding not only engages in initiatives to deliver social benefits to all segments of society but also measures its impact through social impact reports.

The 2023 Rönesans Social Impact Analysis Has Been Published! 

We prioritize education with an approach that focuses on youth, children, and women to deliver significant social value across all segments of society.  

As we implement various exceptional programs and projects to improve, strengthen, and promote positive change, we also accurately report the social value we provide by measuring their precise social impacts as well as the social return on investment (SROI). 

Click here to review the entire 2023 Rönesans Social Impact Analysis

 Rönesans Holding believes its values are the only aspect of its legacy that will reach and influence future generations. Our fundamental duty is to leave a legacy of compassion, kindness, and responsibility to future generations. The promise to be the 'greatest supporter of a sustainable future' goes beyond the environmentally friendly nature of our projects and the vision of achieving zero carbon emissions. 
 
For a full 30 years, Rönesans Holding has been dedicated to creating value for its employees, suppliers, business partners, nature – in essence, all stakeholders, and society at large – with every step it takes. 
Not only serving as a source of inspiration and support but also persistently working to 'improve,' 'empower,' and 'spread goodness. 
 
For this purpose, Rönesans Holding and the Rönesans Education Foundation (REV) have initiated dozens of projects and initiatives; among them are the 'Compass Program,' 'Scholarship Program,' and 'Design the Sustainable Future' competitions, to name just a few. 
 
As we implement various exceptional programs and projects to improve, strengthen, and promote positive change, we also accurately report the social value we provide by measuring their precise social impacts as well as the social return on investment (SROI). 

The results obtained from one-on-one interviews and surveys with a total of 1,184 participants involved in Rönesans programs and projects reveal that 82% of participants in the 'REV Scholarship Program' and participants in the 'Design the Sustainable Future' competition have increased their awareness and gained different perspectives, especially regarding social-environmental issues and sustainability. 
 
Additionally, the results show that participants in Rönesans programs and projects experienced significant personal improvements, up to 90%, in areas such as emotional well-being and self-confidence.  
 
By delving into the details of the Rönesans Holding Social Impact Analysis, it is revealed that every TRY 1 invested through the programs generates social impact worth up to TRY 9. Seeing the 30-year success story of Rönesans through the value it adds to individuals and society brings immense pride to Rönesans members.  

-The social impact ratio of The Rönesans Education Foundation Scholarship Program was calculated as 1:9, indicating that every TRY 1 investment created a social impact of TRY 9. 

-The social impact ratio of The Design the Sustainable Future Competition was calculated as 1:8.5, indicating that every TRY 1 investment created a social impact of TRY 8.5. 

-Similarly, the social impact ratio of the Compass Program was calculated as 1:1.9, indicating that for every TRY 1 investment made by REV, almost twice as much social impact was created. 

Let's delve into the specific benefits of The Design the Sustainable Future Competition, The REV Scholarship Program, and The Compass Program: 

REV Scholarship Program:

Since 2009, scholarship recipients have collectively contributed nearly 200,000 hours of volunteer work. 
 
  • Survey results from scholarship recipients reveal: 
  • 83% expressed a desire to benefit from the program even without financial support. 
  • 92% reported an increased awareness of social and environmental problems. 
  • 87% felt safe and supported by the scholarship program. 
  • 86% developed social skills such as problem-solving, teamwork, leadership, empathy, and self-expression. 
  • 84% stated they gained skills applicable to their professional lives. 

Scholarship recipients participating in research highlighted that the program contributed to their careers, enhanced their emotional well-being, increased awareness of various issues, particularly social-environmental problems, boosted their sense of belonging, and contributed to their personal development. 


Compass Program:

As a result of the Compass Program, positive outcomes include: 

  • 32.40% (1 out of every 3 Compasses) of participants securing employment within Rönesans Holding. 
  • 53% found employment (full-time/part-time) in organizations other than Rönesans Holding. 
  • 87% witnessed improvement in their professional knowledge and skills. 
  • 86% gained a valuable business network. 
  • 87% developed personal skills such as stress management, communication, teamwork, leadership, and problem-solving. 
  • 78% identified their desired specialization area in their careers. 
  • 84% experienced a positive impact regarding their careers. 
  • 89% acknowledged that the program substantially contributed to their careers. 
  • 75% reported increased emotional well-being. 
  • 82% experienced increased self-confidence. 
  • 79% stated that the program contributed positively to their personal development.  


Design the Sustainable Future: 

After participating in the competition: 

  • 73% reported an increase in self-confidence. 
  • 91% experienced improvement in personal skills (e.g., stress management, communication, teamwork, leadership, problem-solving). 
  • 80% reported an increase in knowledge and awareness of sustainability. 
  • 73% experienced increased professional confidence. 
  • 75% reported a positive contribution to their careers. 
  • 80% experienced an increase in awareness. 

Rönesans Holding will continue to be the greatest supporter of attaining a sustainable future with every project it undertakes, particularly prioritizing education, youth and women. 
 
 Click here to review the entire 2023 Rönesans Social Impact Analysis.





About Rönesans Group

Rönesans Holding, the conglomerate's top investment entity headquartered in Ankara, is the 38th largest international contracting company globally and the 9th largest in Europe. With operations spanning 30 countries across Europe, Central Asia, and Africa, including subsidiaries such as Ballast Nedam in the Netherlands and Heitkamp Industrial Solutions GmbH in Germany, Rönesans has been operating as the main contractor and investor successfully for 30 years in construction, real estate development, healthcare and energy. Putting resilience and growth through innovation at the core of the company, with a priority on sustainability and social development, Rönesans has developed projects supporting students with scholarships, academic platforms and initiatives; been a signatory of the UN Global Compact since 2015; and a signatory of the UN Women’s Empowerment Principles since 2016.

Under the leadership of its president, Erman Ilıcak, Rönesans, along with its partners GIC, Meridiam Infrastructure, Sojitz, Samsung C&T, TotalEnergies, and IFC of the World Bank Group (minority shareholder in the group), has invested more than EUR8 billion into pioneering projects globally.


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