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The Banks Association of Turkey published its Sustainability Report

The Banks Association of Turkey published its first Sustainability Report in compliance with GRI Standards, covering its sustainability performance and targets in this direction.

The Banks Association of Turkey published its Sustainability Report

According to the statement made by the Banks Association of Turkey, the report, prepared in accordance with the GRI Standards published by the Global Reporting Initiative (GRI), presents the economic, environmental and social performance of the Association for 2022 to its stakeholders. The report, which includes monitoring and analyses in many areas from energy efficiency in the working environment to waste management, employee rights and transparency, is planned to be published every year.

The Banks Association of Turkey, which continues its activities with the awareness that the finance and banking sectors are critical for the success of sustainable development, offers guides, reports and publications for its members and all stakeholders on issues where sustainability and finance intersect. Within the framework of its sustainability approach, the Association endeavours to encourage finance and banking sector representatives to implement sustainability practices and raise their awareness.

"We are aware of the importance of the finance and banking sector for green transformation"

Alpaslan Çakar, Chairman of the Board of Directors of the Banks Association of Turkey, stated that they have come together with their members on many platforms, believing in the power of cooperation for green transformation, and added: "Since 2009, we have a Sustainability Working Group that guides our members to manage sustainability issues systematically in their lending processes and other banking transactions. Our Association closely follows the national and international agenda on sustainable development, combating climate change and climate finance and carries out coordination activities. With our first Sustainability Report, which we have prepared as an output of our sustainability-oriented activities, we present our Association's approach to our stakeholders."

Stating that the Association mainly contributes directly to 6 Sustainable Development Goals (SDGs) and indirectly to all Sustainable Development Goals (SDGs), Çakar said, "We aim to contribute to the Sustainable Development Goals by addressing sustainability not only in environmental but also in all social and governance dimensions. Within the scope of gender equality, the rate of female employees in our Association has reached 55 per cent and the rate of female managers has reached 33 per cent."

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