Principle 1: Compliance
We will align our business strategy to align with and respond to the needs of individuals and contribute to society’s goals, as expressed in the Sustainable Development Goals, the Paris Climate Agreement and relevant national and regional frameworks.
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Comprehensive Summary of the Bank’s Response |
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| 1.1 Describe (“in detail”) the Bank’s business model, including the main customer groups, types of products and services, key sectors, types of activities, and technologies financed in the regions where the Bank has operations. | The Bank’s primary function is to provide funding for sustainable development and has established a
prominent position in the business and banking sectors with its prestigious national and international
reputation and the opportunities it provides. The Bank plays a leading role in helping companies access
domestic and international funding sources through mergers and acquisitions, capital market products and
financial advisory services.
Focusing on financing sustainable development in line with the United Nations Sustainable Development Goals and Türkiye’s 2053 net-zero emission target, the Development and Investment Bank of Türkiye supports investors with its strong resource structure, competent human resources and innovative products and services. The Bank’s main objective is to empower sectors that will contribute to the country’s development, reduce imports and increase exports within the framework of Türkiye’s 11th Development Plan. The Bank aims to contribute to Türkiye’s structural transformation and capitalization by supporting companies that will add value to the national economy through loans, capital support, partnership and consultancy services. The operations and services provided by the Development and Investment Bank of Türkiye are categorized under three main topics: Project Finance and Corporate Loans, Investment Banking and Türkiye Development Fund. Development and Investment Bank of Türkiye also offers deep-rooted expertise in technical advisory services and shares its technical knowledge and experience with its business partners during the investment process. Furthermore, the Bank continues its efforts to align its banking operations with sustainability by using investment banking products and capital market instruments in the service of sustainable development. The Bank contributes to economic development through collective banking (APEX) to industrial and tourism investments and SMEs, to social development by funding education and health investments, and to environmentally friendly development by funding renewable energy investments and energy/resource efficiency projects. |
2022 Integrated Report: Corporate Governance 48 Years of Experience and Contribution to Sustainable Development Development and Investment Bank Activities |
Principle 2: Impact and Target Setting
We will reduce the negative effects of our operations, products and services on people and the environment, and continuously increase our positive impacts while managing risks. To this end, we will set and publish targets in areas where we can have the greatest impact.
| Reporting and Self-Assessment Requirements |
Comprehensive Summary of the Bank’s Response |
References / Bank’s Full Response or Links to Related Information |
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| 2.1 Impact Analysis: Demonstrate that the Bank has identified the positive and negative areas where
it has the most impact through an impact analysis that meets the following elements
a) Scope: As explained in 1.1, the Bank’s main business areas, products/services in the geographies where the Bank operates are covered within the scope of the analysis. b) Scale of Disclosure: The Bank has taken into account the industries, technologies and geographies that are relevant to its core business / core activities in determining the areas where it has the most impact. c) Context and Relevance: The Bank has addressed the challenges and priorities most relevant to sustainable development in the countries/regions where it operates. d) Scale and Intensity/Significance of Impact: In identifying the most significant impact areas, the Bank has considered the scale and intensity/significance of (potential) social, economic and environmental impacts arising from the Bank’s operations and provision of products and services. (The Bank should have engaged with relevant stakeholders to help inform its analysis under elements c) and d)).
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Development and Investment Bank of Türkiye communicates with all stakeholder groups through standard
communication channels and aims to create value by considering the priorities, needs, and expectations
of different stakeholders.
The Bank is fully aware of the importance of measuring the impact of its own operations as well as the impacts of the loans it provides, and has therefore conducted a materiality analysis with a double materiality perspective. Factors such as the Bank’s strategy, views of internal and external stakeholders, external environment analysis and analysis of Material Topics provide input to the materiality analysis. The materiality matrix, which is part of the integrated report, is regularly updated by taking into account current national and international developments, publications, global trends, risks and opportunities. The Bank has identified a total of 13 issues as its Material Topics, ranked as top, second, and third priorities. Based on the TKYB Materiality Matrix, three of these issues appear to be of top priority: Climate Change and Environmental Impact, Sustainable Financing and Customer Satisfaction and Consulting. These issues identify areas with the most significant potential positive and negative impacts. The Bank’s communication with stakeholders, the results of materiality analyses, and the funding it delivers in line with its strategic goals have the most positive impact on issues such as climate change, energy efficiency, resource efficiency, employment, technological development, and digitalization. The Bank reflects the United Nations Global Compact Communication on Progress. TYKB complies with the United Nations Environment Program Finance Initiative (UNEP-FI) Responsible Banking Principles, of which it is a founding signatory in 2019. Within the scope of the UNEP-FI Responsible Banking Principles, our Bank traces and details the impact created by the Bank, both positive and negative. In addition to these strategic collaborations, in 2022, the Bank became a signatory to the Impact Management Working Principles, which include leading organizations such as the International Finance Corporation (IFC), European Bank for Reconstruction and Development (EBRD), European Investment Bank (EIB), American International Development Finance Corporation (OPIC), Multilateral Investment Guarantee Agency (MIGA), RockCreek, Inter-American Development Bank (IDB), Dutch Development Bank (FMO), German Development Finance Corporation (DEG). As one of the founding members of the Impact Investing Advisory Board (EYDK), the Bank supported the objectives of furthering the impact investing model in Türkiye and creating an effective impact in investing ecosystem. TKYB’s 2022 contracts with international financial institutions such as the World Bank, Japan Bank for International Cooperation, Asian Infrastructure Investment Bank and China Development Bank to contribute to Türkiye’s development process are evidence of the Bank’s continuous pursuit of strategic business opportunities related to enhancing positive impacts and mitigating negative impacts. |
Materiality Analysis and Stakeholder Engagement
Impact Management Working Principles |
Principle 2: Impact and Target Setting
We conducted a materiality analysis and identified our focal issues. We have started our work on impact analysis and will continue to develop it. In this context, we fulfill the requirements of Impact Analysis with our efforts.
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Comprehensive Summary of the Bank’s Response |
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| 2.2 Target Setting:
2.2 Target Setting: Demonstrate that the Bank has set and published at least two Specific, Measurable (qualitative or quantitative), Specified, Relevant, and Time-bound (SMART) targets that address at least two of the “areas where it has the most significant impact” due to its activities, products, and services. Demonstrate that these targets are linked to and contribute to appropriate Sustainable Development Goals, the goals of the Paris Agreement, and other relevant international, national, or regional frameworks. The Bank should have established a baseline (assessed over a given year) and set targets against it. Demonstrate that the Bank has analyzed and is aware of the significant (potential) negative impacts of the set targets on other dimensions of the SDG/climate change/society goals and has put in place relevant actions to mitigate them as much as possible to maximize the net positive impact of the targets. |
Within the scope of its role in supporting sustainable development, the Development and Investment Bank
of Türkiye attaches importance to inclusiveness in its global, sectoral, and national operations; offers
suitable financing opportunities to companies and institutions active in sectors with strategic priorities
and innovative projects; and supports the financing of the fight against climate change.
As TYKB supports Türkiye’s sustainable development through its financing and consultancy services, The Bank also regards sustainability as a corporate responsibility and goal in line with its responsible banking approach. With this approach, the Bank has integrated its sustainability strategy into all banking operations. In this framework, The Bank has set the following targets:
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Principle 2: Impact and Target Setting
Targets set in the Bank’s focal areas are presented in the Integrated Report, and target-setting requirements are realized.
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| 2.3 Plans for Implementation and Monitoring of Targets:
Demonstrate the activities and milestones the Bank has identified to achieve the targets. Demonstrate that the Bank has established methods to measure and monitor the targets. The definitions of KPIs, any changes to these definitions, and any new adjustments to the target base year should be transparent. |
Each year, the Bank sets targets within the framework of its Material Topics and uses key performance
indicators to monitor and track its performance in these key issues. The performance indicators listed
below help the Bank monitor its status, impact and assessment:
The Bank has calculated some of the impacts arising from its portfolio and aims to calculate both positive and negative impacts using the “Portfolio Impact Analysis Tool for Banks” published by UNEP-FI. This tool, developed jointly by the Principles for Responsible Banking and UNEP-FI Member Banks and the Positive Impact Initiative, aims to analyze the impacts associated with the Bank’s corporate banking portfolio. Through this tool, the Bank aims to identify the most significant areas of impact and assess its current level of performance based on the structure, composition and geographical scope of its portfolio. This assessment will allow the Bank to set specific targets to increase positive impact and reduce negative impact where it matters most. The Bank’s ultimate goal is to better understand its impact areas through this assessment and set targets to increase its positive impact and reduce negative impact. In this way, the Bank will be able to direct its activities to make a greater contribution to sustainable development goals. |
Principle 2: Impact and Target Setting
Requirements regarding plans for the execution and monitoring of objectives are met by defining and monitoring Bank activities.
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Comprehensive Summary of the Bank’s Response |
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| 2.4 Progress in Implementation of the Goals:
For each target, demonstrate the activities implemented by the Bank to achieve the determined target. Or explain why the planned activities were not carried out/needed to be changed and how the Bank adapted its plan to achieve the set objectives. Report the Bank’s progress in the past 12 months (within 18 months from the first reporting after signing) and the impact of the progress towards achieving each of the set goals. (When applicable, banks should include quantitative disclosures.) |
In 2022, strategies overseen by this framework and principles have helped reduce greenhouse gas
emissions, equivalent to approximately 4.4 million tons of carbon dioxide annually. This significant
achievement demonstrates the Bank’s commitment to sustainable development and environmentally friendly
practices.
In order to contribute to Türkiye’s development process, a series of ESG-themed loan contracts were signed with international financial institutions such as the World Bank, Japan Bank for International Cooperation, Asian Infrastructure Investment Bank, and China Development Bank. By the end of 2022, approximately 80 percent of the Bank’s portfolio consists of sustainability-themed loans. These loans directly and indirectly contribute to 15 of the United Nations Sustainable Development Goals. In 2022, the Bank became involved in the Impact Management Working Principles program, which comprehensively defines a process that will help organizations make measurable positive social and environmental impacts in addition to their financial gains. Impact Principles: It consists of stages such as Strategic Intention, Structuring, Portfolio Management, Exit Strategy, and Independent Verification. By adopting these principles and aiming to manage project finance and Türkiye Development Fund activities with an “impact lens,” the Development and Investment Bank reinforced its pioneering role in this field. It confirmed this leadership by publishing the first Impact Report in line with Türkiye’s Impact Principles in September 2022. The Bank achieved the ISO 27001 certification for its Information Security Management System, as outlined in its 2021 report. Within the framework of the protocol signed between the COMCEC Coordination Office and the Bank, 2 of the 24 projects to be financed in the implementation period of 2022 have been canceled and 16 projects have been completed. There are six projects with ongoing financial reporting and disbursement processes. As of 30.12.2022, a payment of 15,649,212.64 TL was received within the scope of COMCEC in 2022 and 12,643,154.38 TL of this amount was transferred for project payments. |
Impact Management Working Principles |
With these reports, the performance of the Bank in 2022 is communicated to all stakeholders, and the requirements for goal-setting progress are met.
Principle 3: Customers
We will work responsibly with our customers to promote sustainable practices and enable economic activities that create shared prosperity for current and future generations.
| Reporting and Self-Assessment Requirements |
Comprehensive Summary of the Bank’s Response |
References/ Bank’s Full Answer or Links to Related Information |
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| 3.1 Introduce the Bank’s current or planned policies and practices to develop responsible relationships
with its customers.
It should contain comprehensive information on implemented (or planned) programs and activities, their scale and, where possible, their results. |
The Bank aims to maintain an environmentally sensitive approach and to select and guide its customers
in this direction. Accordingly, Development and Investment Bank of Türkiye conducts environmental and social
risk assessments as part of routine decision-making processes in all loan applications. Thanks to this
evaluation, the risks associated with customers and projects are separately assessed. The Bank uses
mechanisms such as the suggestion and complaint line, the whistleblowing line and the ethics hotline in
order to ensure that the unethical practices faced by its customers are communicated directly to those
concerned. Customers can anonymously submit their suggestions and complaints to the Bank, and receive a
response to these messages within the legal time limit, or within 30 days at the latest if the legal
period is not specified. Development and Investment of Türkiye Bank attaches great importance to customer data security in line with the Banking Ethics Principles and responsible banking principles proposed by the Banks Association of Türkiye. The Bank carries out periodic and instant restrictive, monitoring and preventive activities through the Information Security Unit, which operates under the leadership of the General Manager, who is also the Chairman of the Information Security Committee. In addition, it increases customer information security with new technologies integrated into the IT infrastructure in the digital transformation process. |
Sustainability Management Ethical Management
Information Security and Digital Transformation |
| 3.2 Explain how the Bank works with and/or plans to work with its clients to promote sustainable
practices and enable sustainable economic practices.
This description should include information on planned/implemented activities, products and services developed and, where possible, impacts achieved. |
Role to Support Sustainable Development “ as a strategic priority. Publishing its “Climate Change
Mitigation and Adaptation Policy” in 2020, the Bank aims to play a supportive and leading role in combating
climate change, transition to a net zero economy, and energy efficiency with its extensive work on impact
investment. Within this framework, the Bank has identified the increase in Türkiye’s clean energy potential
and providing resources for renewable energy projects as strategic priorities.
The Bank contributes to environmentally friendly development by supporting renewable energy investments and projects that increase energy/resource efficiency. Aiming to bring domestic energy resources into the economy in hydroelectric, solar, wind, biomass, geothermal power plants, and similar projects, the Bank responds to the financing needs of investors. It also makes loan agreements with international financial institutions to support energy and resource efficiency projects. In the private sector, merger and acquisition consultancy services were offered to companies operating in the energy, chemical, automotive, packaging, retail, and technology sectors. While work on these projects continues, the Bank successfully completed the sale of a company in the renewable energy sector in 2022. As of 2022, the Development and Investment Bank of Türkiye’s investments in renewable energy and energy efficiency projects constituted 50% of its loan portfolio in 2022. In addition, loans with an installed capacity of 3,357 MW were provided to projects in energy efficiency. In addition, as of the end of 2022, 79% of the Bank’s loan portfolio consists of sustainability-oriented loans, and the amount of these loans has reached 60.3 billion TL. |
Materiality Analysis and Stakeholder Engagement
To Net Zero Economy Role of Development and Investment Bank in Transition Development and Investment Bank Activities Natural Capital |
Principle 4: Stakeholders
Consult, interact, and collaborate with relevant stakeholders in a proactive and accountable manner to achieve the goals of society.
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Comprehensive Summary of the Bank’s Response |
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| 4.1 Explain which stakeholders (or groups / types of stakeholders) the Bank consults, interacts with,
collaborates with or partner with to implement these Principles and improve their impact.
This disclosure should include a comprehensive explanation of how the Bank has identified relevant stakeholders and what issues have been addressed/what outputs have been achieved. |
The Bank acts with an holistic perspective and attaches great importance to obtaining the opinions
of stakeholders on Material Topics in line with its sustainability strategy.
The Development and Investment Bank of Türkiye regularly communicates with its stakeholders, focusing on priority issues and listening to their views on business conduct. At the same time, it understands its expectations and develops its activities and practices to meet these expectations. Stakeholder groups include employees, international financial institutions, investors, customers, public institutions, non-governmental organizations, suppliers, and auditors. The expectations of each stakeholder group are different, so the communication channels and nature also differ. You can access detailed information from the stakeholder interaction table. |
Materiality Analysis and Stakeholder Engagement |
Principle 5: Governance and Culture
We will demonstrate our commitment to the principles through effective governance and responsible banking culture.
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References / Bank’s Full Response or Links to Related Information |
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| 5.1 Describe the Bank’s relevant governance structure, policies and procedures, which already exists or is planned to manage significant positive and (potential) negative impacts and support the effective implementation of the Principles. | Under the leadership of the Sustainability Committee, the Bank continues to work on developing its
sustainability strategy and policies and integrating them into all business practices. In order to strengthen
the sustainability management structure, which addresses economic, social, and environmental issues
holistically, the Development and Investment Bank of Türkiye switched to the Integrated Management System
in 2021 and abolished the Environmental Management Committee, making quality, environment, and occupational
health and safety issues the responsibility of the entire Bank. The Bank established the Sustainability and Environmental Social Impact Management Unit in order to carry out the activities carried out in different units in the fields of sustainability and environmental and social risk management in a more focused and efficient manner under a central business model. This unit has prepared Environmental and Social Risk Assessment Reports of hundreds of projects through the team involved in all lending processes of the Bank. As TKYB enters 2022, it has maintained its commitment to the Environmental and Social Policy published in 2020 and has adapted to a broader vision with its updates. In 2022, the Bank adheres to its Environmental and Social Policy and does not support or provide financing for investments that may have unacceptable environmental and societal effects. Its commitment to protecting biodiversity and cultural heritage is evident in every investment it finances. The Bank also evaluates the indirect risks that may arise within the scope of loan activities. It conducts environmental and social risk assessments as part of routine decision-making processes in all loan applications. These assessments are made in order to analyze the risks of customers and projects separately. The Bank published the “Environmental and Social Risk Assessment Procedure in the Lending Process” in 2020 in order to make these environmental and social assessments into policies. In addition, the Bank monitors greenhouse gas emissions from bank operations and sets targets for their reduction in line with its Climate Change Mitigation and Adaptation Policy. The Bank’s annual performance regarding confirmed greenhouse gas emissions is reported to the CDP Climate Change Program voluntarily. In order to improve the comprehensiveness of its management system, the Bank obtained ISO 9001 Quality Management System, 45001 Occupational Health and Safety Management System, ISO 14001 Environmental Management System, and in 2022 additionally, ISO 27001 Information Security Management System and ISO 10002. In addition, The Bank has extended the management responsibility of the Sustainability Principles to the entire organization by completing the work on transitioning to an integrated management system. |
Sustainability Management Risk Management Published Sustainability Policies |
| 5.2 Explain the initiatives and measures that the Bank has already implemented or plans to implement
to foster a culture of responsible banking among employees.
This disclosure should include, inter alia, a comprehensive explanation of capacity building, compensation structure and performance management and leadership communication. |
The Bank has established an Ethics Commission under the “Regulation on Principles of Ethical Behavior
for Public Officials and Application Procedures and Principles.” Bank employees are obliged to act in
accordance with the “Ethical Principles Agreement” and “Banking Ethical Principles of the Banks Association
of Türkiye” in line with the relevant regulation and the Bank’s Human Resources Policy. Ethical Principles,
Compliance, Information Security, Data Security, and Confidentiality Disclosure, Commitment document is
included in the Bank. In addition, the Bank has established the “Combating Money Laundering and Financing
of Terrorism” and “Conflict of Interest” policies. The Bank has established an Ethics Line so employees
can report practices and abuses contrary to the Principles of Ethical Behavior to the senior management.
The Bank has prepared and implemented long-term training programs for its employees in the talent pool to retain and develop talent, as it has targeted in 2022. In this context, ISO 27001 Lead Auditor, CISA, Scrum, Process Management, First Assistant certificates, and the Integrated Management System Internal Auditor certificates were obtained regularly in 2022. For the employees in the talent pool, the Micro MBA Certificate Program, which lasted about five months, was implemented in cooperation with the university. In this context, at the first stage, 15 employees benefited from the program and guided their career and development journeys with this program consisting of both personal development and technical training. In addition, in 2022, “Environmental Management System” training is defined as compulsory training for all employees, and the total training hours are 323. Managerial, essential, and functional competencies for executive positions align with the Bank’s values; necessary and functional competencies have been determined for other positions. Development and Investment Bank of Türkiye’s human resources processes focus on merit. The performance of the employees is evaluated based on their competencies, targets, and realization. The two managers of the employee carry out these evaluations to ensure objectivity and are submitted to the employee’s approval. Managers conduct feedback interviews with the employees they evaluate. |
Ethics Management Career and Performance Management To the Development of Employees Submitted Contribution |
| 5.2 Explain the initiatives and measures that the Bank has already implemented or plans to implement
to foster a culture of responsible banking among employees.
This disclosure should include, inter alia, a comprehensive explanation of capacity building, compensation structure and performance management and leadership communication. |
Employee wages are determined in accordance with the Performance Management System and within the
framework of the Remuneration Policy approved by the Board of Directors. It is the responsibility of the
Remuneration Committee and the Human Resources Unit authorized by the Committee to review and duly execute
the remuneration policies. The remuneration policy of the Development and Investment Bank of Türkiye is based
on the principles of “equal pay for equal work” and “remuneration according to performance.”
Development and Investment Bank of Türkiye organizes training sessions to further develop its qualified workforce and to support the personal development of employees. Total training sessions have increased approximately 1.5 times since 2021, and as of the end of 2022, all employees have been provided with 12441 hours of training. In 2022, intensive online and classroom training sessions were organized. Mandatory training sessions are offered to all employees through the online training platform. In addition to these, to support continuous development, various online education platform memberships with high international recognition were obtained according to the needs and demands of the units. Leadership Development Programs are organized for managerial staff. Memberships of journals and databases specific to the units are carried out according to the needs. In addition, to support the employee development journey, graduate education discount agreements have been made with Türkiye’s leading universities for employees who want to pursue a master’s degree and doctorate, and these are announced to all employees, and support is provided to employees who wish to advance in their careers. |
Ethics Management Career and Performance Management To the Development of Employees Submitted Contribution |
| 5.3 Governance Structure for the Application of the Principles Demonstrate that the Bank has a
governance structure for the application of the Principles of Responsible Banking: These activities should also include the following topics: a) Setting goals and carrying out activities to achieve the set goals b) Carrying out corrective actions in case the targets or important steps are not achieved or an unexpected negative impact is detected. |
Continuing its activities with its role supporting sustainable development and responsible banking
approach, Development and Investment Bank Türkiye adopts a comprehensive and participatory management
approach and works with a focus on creating value for all its stakeholders.
In 2022, the Sustainability Committee, which is established in 2021, develops the Bank’s sustainability strategy and policies and works to integrate them into all activities. Using the Environmental Management System, the Bank manages the environmental impacts of its activities. After completing the transition to the Integrated Management System in 2022, the Bank adopted the environmental management policy as a responsibility for all Bank units, thereby enhancing its corporate awareness, monitoring, and auditing capabilities. The Bank establishes internal policies at the level of the Board of Directors in order to develop sound practices regarding the fundamental principles of corporate governance, including fairness, transparency, accountability, and security. The Bank’s management of responsible banking principles is overseen by the Ethics Committee |
Management Approach Sustainability Management Ethical Management |
The Bank meets the governance structure requirements for the implementation of the principles with its current governance structure and the actions it has taken to strengthen and improve this structure.
Principle 6: Transparency and Accountability
Periodically, we will evaluate how the principles are applied individually and collectively, and we will be transparent and accountable for our positive and negative impacts, as well as our contribution to society’s goals.
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| 6.1 Progress in Implementation of the Principles of Responsible Banking In addition to setting and
implementing targets in at least two areas, show how the Bank has made progress in implementing the six
Principles in the last 12 months (up to 18 months at first report after signing). (see 2.1-2.4).
Demonstrate that the Bank takes into account current and emerging international/regional good practices regarding the implementation of the six Principles of Responsible Banking. Based on this, it has defined priorities and targets to align with good practice. Demonstrate that the Bank is making changes/working on its current practices and making progress in implementing these Principles to reflect and align current and emerging international/regional good practices. |
Development and Investment Bank of Türkiye A.Ş. The 2022 Integrated Report is the third Integrated Report
published by the Bank. The 2022 Integrated Report has been prepared in accordance with the GRI Standards
and is based on the International Integrated Reporting Framework supported by the Value Reporting Foundation.
In 2022, the Bank’s Sustainable Finance Framework was published. A Second Party Opinion (SPO) has been obtained for the framework in line with the ICMA Green Bond Principles, ICMA Social Bond Principles, LMA Green Credit Principles and LMA Social Credit Principles. By publishing the first Impact Report in line with Türkiye’s Impact Principles in September 2022, it transparently shared the Bank’s commitments and approach to managing and increasing its environmental and social impacts. The Bank voluntarily reports the annual performance of its greenhouse gas emissions to the CDP Climate Change Program. With the B (management) score it received in 2022 within the scope of the Carbon Disclosure Project (CDP), it has become one of the institutions with the highest score in the financial sector in our country. The report includes selected environmental performance indicators such as greenhouse gas emission intensity (tCO2eq/average number of employees), electricity consumption (GJ), paper consumption (kg) and amount of waste sent for recycling (kg); The installed capacity of renewable energy projects financed (MW), financing provided to renewable energy (thousand TL) and financing for 2022, together with data on the number of employees, which are social performance indicators, the ratio of female employees (total, upper and middle level) and training time per employee. Includes data on annual tCO2 emissions prevented by financed renewable energy projects. These data have undergone independent review. The report also demonstrates the Bank’s commitment to the UNEP-FI Principles of Responsible Banking. As a member and participant of many international organizations, the Bank defends the principles of responsible banking. In this way, useful collaborations are realized in the follow-up and implementation of existing and developing good practices. determines its strategic objectives and priority issues by considering the United Nations Sustainable Development Goals. The Bank mainly focuses on SDG 7: Accessible and Clean Energy, SDG 8: Decent Work and Economic Growth, SDG 9: Industry, Innovation and Infrastructure, SDG 13: Climate Action and SDG 17: Partnership for Purposes. It contributes directly or indirectly to 15 out of 17 SDGs , including the targets of ”. |
About the Report Climate Change National and International Memberships Strategic Sustainability Approach |
The Development and Investment Bank fulfills the requirements for progress in the implementation of the Principles of Responsible Banking.