Türkiye Sustainability Reporting Standards Aligned
75 Years of Transforming the Future
Yesterday, Today, and
Tomorrow of Development
Our expertise in development and investment banking, combined with our longstanding relationship with international development finance institutions and our sustainable banking model, empowers us to provide financing and advisory solutions that make a qualified contribution to climate and environmentally friendly investments, equal opportunities in employment, and inclusive economic growth.
The priority topics for 2023 were identified using the traditional materiality approach. In 2024, the scope of the analysis was expanded by assessing the financial impact of sustainability issues on TSKB. Different topics came to the fore in prioritization.
The year 2024 was notable for its considerable advancements and innovations in sustainable finance markets. According to the Climate Bonds Initiative (CBI), the total issuance volume of green, social, sustainability, and sustainability-linked (GSS+) bonds reached USD 5.4 trillion by the third quarter of 2024.
In 2024, with the disbursement of more than USD 1.8 billion in long-term cash loans, TSKB, as a development and investment bank, experienced an 11.6% growth in its loan portfolio on a FX-adjusted basis, thanks to its dynamic and efficient business model and capital generation capacity, with limited impact from temporary macroprudential measures.
We are aware that the ecosystem crisis is a significant challenge that impacts our environment, lifestyle, and the way we conduct business, and that we carry an important responsibility in this context. The way to tackle this unprecedented crisis is to engage in activities that support sustainable development in collaboration with our stakeholders. With a financing strategy focused on triple transformation, including a nature-positive approach, TSKB will continue to shape the future of development, just as it has in the past.
The Bank continues to lead the sector in gender equality, with an equal opportunities model in human resources, a near-zero gender pay gap, training practices, and cooperation with international organizations.
At TSKB, we remain committed to investing in human resources and employee development, aligning our efforts with the requirements of sustainability and our corporate strategy.
Ensuring business continuity in our bank is critical. Enhancing the competencies of our employees, optimizing processes, and securing the technological infrastructure are priorities. In this context, conducting risk analyses to identify potential hazards, taking the necessary precautions, and increasing our preparedness level through regular drills are essential parts of our business continuity plans.
HAKAN ARAN Chairperson of the Board of Directors
Our corporate history, captured in the phrase “75 years transforming the future,” highlights the key milestones in Türkiye’s development. This enduring journey, which bridges the past and present, also carries the codes and visions of the future.
MURAT BİLGİÇ Board Member and CEO
For 75 years, we have played a key role in every phase of Türkiye’s sustainable growth journey, creating lasting value and our innovations and contributions across diverse sectors have been instrumental in numerous projects.
MERAL MURATHAN Executive Vice President and Sustainability Leader
During the reporting period, the share of loans linked to the SDGs in the Bank’s total loan portfolio was 92% while the share of loans contributing to the climate and environment-focused SDGs was 58%.
High-Priority Topics
High-Priority Topics for 2023
1
Ethics, Legal Compliance, and Anti-Corruption
2
Cyber Security and Data Protection
3
Sustainable Financial Performance
4
Competent Human Capital
5
Employee Engagement and Employee/Human Rights
6
Digital Transformation and Agility
Digital Transformation and Agility
1
Sustainable Financial Performance
2
Management of Climate Risks and Opportunities
3
Ethics, Legal Compliance, and Anti-Corruption
4
Supporting the UN SDGs
5
Cyber Security and Data Protection
6
Effective Risk Management
7
Customer Experience
8
Stakeholder Capitalism and International Cooperation
9
Environmental and Social Impact Monitoring and Reporting
10
Protection of Nature and Biodiversity (NEW)
*Upward and downward arrows indicate the ranking compared to 2023
