TSKB Continues to Strengthen Sustainability Efforts Enhanced with a Nature Focus
TSKB, one of the pioneering organization in Türkiye to bring climate mitigation and adaptation on its agenda, updated its sustainability policies as targeted in its TSRS-compliant Integrated Annual Report — the first of its kind published in Türkiye last year, and included the TSKB Nature and Biodiversity Policy in this framework. Reflecting its strengthened sustainable finance performance in 2025, TSKB revised its targets upward in this year’s Integrated Annual Report. The Bank increased its SDG-linked financing target to USD 15 billion and its climate finance target to USD 5 billion by 2030, while setting a social finance target of USD 3 billion by 2030.
TSKB (Industrial Development Bank of Türkiye), Türkiye's first private development and investment bank, published its 2025 Integrated Annual Report, which includes its sustainability report in line with the Turkish Sustainability Reporting Standards (TSRS). In the Report, the Bank adopted an integrated perspective to address its financial, environmental, social and governance practices.
Addressing its sustainability activities in a holistic framework, TSKB updated its sustainability policies simultaneously with the publication of its 2025 Integrated Annual Report. The Bank's Nature and Biodiversity Policy, published as a complementary policy to its Sustainability Policy, aligns the Bank’s analysis processes with the LEAP (Locate, Evaluate, Assess, Prepare) methodology developed by the Taskforce on Nature-related Financial Disclosures (TNFD). The Bank's climate-focused environmental risk management approach is shaped in line with the 'twin crises' perspective that addresses climate change and nature loss together. To this end, the Bank aims to use scientific tools to analyze in detail the interactions between its loan portfolio and nature through the portfolio’s sectoral and geographical distribution. This process will help identify dependencies, impacts, risks and opportunities related to natural capital and ecosystem services and will gradually integrate these findings into credit processes and portfolio management. The Bank will proactively engage with its customers, particularly those operating in sectors with high dependence and impact on nature, to encourage the development of mitigation practices and the adoption of nature-positive solutions.
TSKB Executive Vice President and Sustainability Leader Meral Murathan said, "We have taken a major step with our 2025 Integrated Annual Report, which also includes a TSRS-compliant sustainability report. As part of our strategic priorities that prioritize the nature and biodiversity, we address our sustainability activities from an integrated perspective this year. In line with this holistic approach, we present our Bank's financial, environmental, social and governance performance within a comprehensive framework. The report outlines our future targets through a multidimensional perspective while demonstrating the concrete outputs and impacts we create through different capital elements."
"We raised our sustainable finance targets"
Stating that the Bank revised its targets upward in line with its strengthened sustainable finance performance, Murathan said, "Having already achieved 70% of our SDG-linked financing target of USD 10 billion by 2030, we have increased this target to USD 15 billion. In climate finance, we raised our target from USD 4 billion to USD 5 billion. We have set a new social finance target of USD 3 billion for the same period. We will continue to increase the number of thematic funding agreements with international development finance institutions for our country, particularly those focused on climate and environment, and maintain ambitious sustainable finance targets for the coming years.
As our country prepares to host COP31, we will continue working with all our stakeholders to support climate mitigation and adaptation, while strengthening social capital by accelerating nature-positive transition."
