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Strategic Perspective
Developments in the World and Sectoral Expectations
Global Economic Developments and Expectations
Global Trends, Risks, and Opportunities
Developments and Expectations in Türkiye’s Economy
Sectoral Conditions and Expectations
Strategy of the Development and Investment Bank of Türkiye
Strategic Sustainability Approach
Strategic Sustainability Approach

Strategic Sustainability Approach

Sustainable Development

The Development and Investment Bank of Türkiye has chosen a responsible banking approach and a mandate to help sustainable development by using the United Nations’ Sustainable Development Goals as a guiding principle. As a result, the Bank has made both direct and indirect contributions to the 15 Sustainable Development Goals.

The Strategic Plan of the Development and Investment Bank of Türkiye for 2023 is in line with the Sustainable Development Goals (SDGs) and makes direct and indirect contributions to many of them.

TKYB supports investments with a strategy targeting sustainable development. It directly contributes to SDG 8, decent work, and economic growth.

Looking at all the Bank’s large-scale investments, it directly supports the goals of Supporting Industry, Innovation, and Infrastructure (SDG 9), Affordable and Clean Energy (SDG 7), and Climate Action (SDG 13). In addition, acting on the principle of Partnerships for the Goals (SDG 17), the Bank mobilizes additional sources of capital through cooperation and sees this as the main way to increase available financing.

Other SDGs to which the Bank indirectly contributes are No Poverty and Zero Hunger (SDG 1 and SDG 2), Good Health and Well-being (SDG 3), Quality Education (SDG 4), Gender Equality and Reduced Inequalities (SDG 5 and SDG 10), Sustainable Cities and Communities (SDG 11), Responsible Consumption and Production (SDG 12), and Life Below Water and Life on Land (SDG 14 and SDG 15).

Direct Contribution

SDG 7 SDG 8 SDG 9 SDG 13 SDG 17

Indirect Contribution

SDG 1 SDG 2 SDG 3 SDG 4 SDG 5 SDG 11 SDG 12 SDG 14 SDG 15 SDG 10

At the same time, the Bank has demonstrated how seriously it takes its responsibility to support sustainable development by undertaking several important initiatives in support of sustainable development:

The Development and Investment Bank of Türkiye promotes sustainable business practices as a member of the Business Council for Sustainable Development (BCSD Türkiye), the Turkish network of the World Business Council for Sustainable Development (WBCSD).

In 2021, the Bank switched to an integrated reporting process to present all its activities and results together and became a member of the Integrated Reporting Türkiye Network (ERTA).

The Bank signed a cooperation agreement with Istanbul Technical University to support further research and innovation in sustainability. Within that the same time, the Bank has demonstrated how seriously, the Bank has initiated project work on the prevention of climate change.

However, the Bank is well on its way to making its Environmental and Social Management System more innovative and dynamic, based on a grant agreement with the German Development Bank for Technical Assistance.

In November 2022, the Bank participated in the 27th Conference of the Parties (COP27) of the United Nations Framework Convention on Climate Change (UNFCCC) in Sharm El Sheikh, Egypt, and continued its efforts to provide resources to Türkiye to finance measures to be taken against climate change and adaptation efforts.

These various initiatives are indicative of TKYB’s commitment to sustainable development goals.