TSKB Raises Its CDP Climate Change Program Score to Leadership Level

22 December 2022
- 2 min. Read

TSKB has raised the score of its Climate Change Report, which it has been publishing since 2010 within the framework of the Carbon Disclosure Project (CDP), to leadership level. TSKB now ranks in the top 21% in the world, and among the top Turkish banks.

 TSKB (Industrial Development Bank of Türkiye), which has undertaken many firsts and pioneering practices in the Turkish finance sector towards Türkiye’s transition to a low carbon economy and started measuring and managing its carbon footprint back in 2006, has achieved yet another significant success.

Having joined the Carbon Disclosure Project (CDP), one of the world’s most important initiatives in the field of climate change, in 2010, TSKB became one of the first stakeholders of this initiative in Türkiye and has been voluntarily disclosing its greenhouse gas emissions and strategies to tackle climate change since 2011.

In 2013 and 2015, the Bank was granted the Climate Change Leadership Award by CDP Türkiye, and since 2016, it has maintained its “B” score. The Bank has achieved significant progress with its ambitious targets and decisive steps regarding carbon emissions as of 2022, raising its score to “A-”. TSKB now ranks at the top 21% in the world, and among the top Turkish banks.

TSKB’s latest CDP report can be found here: