Strategic Sustainability Approach
Since 1975, the Development and Investment Bank has been a financial supporter of companies operating in strategically important sectors such as industry, energy, education, health, and infrastructure in order to contribute to Türkiye’s sustainable development efforts. The Bank strives to balance both economic growth and environmental protection by placing sustainability at the center of all its activities.
The Development and Investment Bank of Türkiye considers sustainability
among its prioritized principles in all areas, including the projects it
finances, investment banking services, the activities of the Türkiye
Development Fund, and its daily operations.
In this context, 79% of the Bank’s loan portfolio consists of
sustainability-oriented loans, which amounts to 2.5 billion USD.
In 2018, the Development and Investment Bank of Türkiye incorporated
investment banking and the Türkiye Development Fund into its structure
through a law amendment. This step expanded the Bank’s mission to include
the integration of alternative financing instruments into the national
economy, the enrichment of capital markets, and the expansion of the
entrepreneurship ecosystem within the framework of sustainable development.
This step expanded the Bank’s mission to include the integration of
alternative financing instruments into the national economy, the enrichment
of capital markets, and the expansion of the entrepreneurship ecosystem
within the framework of sustainable development.
Responsible Banking
Since its establishment, the Development and Investment Bank of Türkiye has adopted the vision of supporting sustainable development and considers its goal of expanding its impact in this field as an important responsibility. The Bank’s sustainability strategy aims to contribute to Türkiye’s sustainable development efforts and add value to the future, while providing an exemplary banking structure by adhering to responsible banking principles with utmost care.
Within this framework, the goal of realizing TKYB’s mission of sustainable development remains at the center of decision-making.
In 2018, the Development and Investment Bank of Türkiye incorporated
investment banking and the Türkiye Development Fund into its structure
through a law amendment. This step expanded the Bank’s mission to include
the integration of alternative financing instruments into the national
economy, the enrichment of capital markets, and the expansion of the
entrepreneurship ecosystem within the framework of sustainable development.
As a reflection of its approach to responsible banking, the Development and
Investment Bank of Türkiye seeks to create value for its employees,
maintain its sensitivity to the environment, and collaborate with customers
who share this sensitivity. Throughout 2022, the Bank worked actively to
increase its employees’ awareness and comprehension of sustainability.
In accordance with this vision, a total of 502 hours of training on
sustainability principles was organized, and the skillset of 326 valuable
employees were improved as a result. Since environmental protection and
climate change mitigation are essential components of sustainable
development, the company cultivates international collaborations in these
areas and achieves success in this regard.
Within this framework,
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The Bank is among the founding signatories of the ‘Principles for Responsible Banking’ established by the United Nations Environment Program Finance Initiative (UNEP-FI) to increase the banking sector’s impact on a sustainable future.
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Thanks to its innovative contributions to the Sustainable Development Goals and the environmental, social, and governance (ESG) criteria applied to its financing activities, the Bank was awarded the “Outstanding Sustainable Project Finance” category at the European Organization for Sustainable Development’s (EOSD) Global Sustainable Finance Awards.
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In 2022, it established a Sustainable Finance Framework that meets international standards. This framework has been designed in accordance with the ICMA’s Green and Social Bond Principles and the LMA’s Green and Social Loan Principles. A Second Party Opinion (SPO) has been received to determine compliance with these principles.
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The Bank has been preparing reports under the world’s largest environmental reporting platform, the Climate Change Program of the Carbon Disclosure Project (CDP), since 2016 and received a B (Management Level) score in 2022. In this evaluation, potential risks and opportunities associated with climate change are analyzed, along with a voluntary response to strategy, governance, emission metrics, targets, performance, and value chain interactions.
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In 2022, the Bank became one of the leading companies in our country with a risk score of 11.0 within the scope of the Environmental, Social, and Governance (ESG) risk rating by Sustainalytics, an international sustainability rating agency, and was entitled to be listed in the “ESG Industry Top Rated” and “ESG Regional Top Rated” categories in the “Most Admired ESG Companies List”, where approximately 15,000 companies worldwide are evaluated by Sustainalytics.
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In 2022, it successfully concluded the issuance of 200 million TL worth of low-carbon economy transition bonds for the first time, and this led to the “Best Green Project Financing Bank 2022” award.