Human Rights

Yapı Kredi addresses and effectively combats the human rights risks related to all kinds of modern slavery such as child labor, forced labor, and human trafficking, in the context of its Human Rights Statement.

Yapı Kredi Human Rights Statement was prepared based on domestic legislation and internal policies, and in addition to the Universal Declaration of Human Rights, the International Labor Organization’s ILO Fundamental Conventions, and the United Nation's Guiding Principles on Business and Human Rights.

Yapı Kredi Human Rights Statement addresses gender equality, diversity, freedom of collective bargaining, preventing forced labor and child labor, work-life balance, personal data protection, supplier relations, human rights awareness efforts for employees, and measures to prevent human rights violations. Yapı Kredi Human Rights Statement is shared with all employees through internal communication channels and can also be accessed on the corporate website.

Yapı Kredi Human Rights Statement was translated into English and Azerbaijani for easy access by our affiliates and is regularly reviewed and updated where necessary.

• Korporativ Siyasət | Yapı Kredi Bank Azərbaycan (yapikredi.com.az)

As a signatory of the United Nations Global Compact (UNGC), Yapı Kredi prepares its annual reports in compliance with the 10 principles of UNGC.

As part of its human rights efforts, the Bank participates in Global Compact Turkey's Gender Equality Working Groups, where the work of the Turkish Industry and Business Association (TUSIAD) in relation to gender equality and Women's Empowerment Principles (WEPs) are also dicussed. In order to promote respect to human rights throughout its value chain, Yapı Kredi requires its suppliers to conduct their operations in compliance with the Universal Declaration of Human Rights, all agreements to which Turkey is a party, the International Labor Organization’s Fundamental Conventions, the Law on Human Rights and Equality Institution of Turkey, all applicable domestic and international legislation on human rights, and Yapı Kredi Human Rights Statement. To this end, relevant clauses have been included in contracts signed with suppliers.

As part of Yapı Kredi Responsible Procurement Policy, the Bank also encourages its suppliers to act responsibly on environmental and social issues, including human rights.

Yapı Kredi ensures diversity and freedom of expression for its employees with Yapı Kredi Human Rights Statement, which can be found on its corporate website. In addition, all employees can anonymously report their discomfort or complaints about relevant matters in writing or verbally to the Ethics, Anti-Corruption, and Conflict of Interest division operating under the Department of Compliance, Internal Control, and Risk.

All Yapı Kredi employees are expected to make judgements and behave in compliance with the matters addressed in the Yapı Kredi Human Rights Statement. In this context, the Bank notes that its employees are individually responsible for reporting any violations or suspected cases concerning the matters addressed in the statement. In the event of reporting, Yapı Kredi Whistleblowing Policy provides detailed information on the practices and processes involved.

Yapı Kredi provides equal opportunity in its recruitment processes and the Bank's policies address the matters of fair labor, improvement of working standards, female employment, and inclusion (such as no discrimination against women, men, religious faith, language, race, ethnic origin, age, disability, refugees, etc.).

The Sustainability Committee develops the existing monitoring processes, and monitors and continuously develops the effectiveness of the Human Rights Statement. The Committee also reviews the statement annually and monitors the practices related to the statement in terms of reports received through the reporting channels and the “Human Rights Risk Assessment” conducted at two-year intervals by the Internal Audit Unit. The Internal Audit Unit performs risk assessment in accordance with the “Human Rights Audit Instructions.” Human rights issues are incorporated into the overall risk assessment processes and risk assessment is conducted on these matters at regular two-year intervals. Yapı Kredi ensures that the practices are 100% in compliance with its Human Rights Statement. Click here for Yapı Kredi Human Rights Statement.

The key performance indicators followed in human rights matters are published annually in the Integrated Annual Report. For the human rights indicators in the Integrated Annual Report, Yapı Kredi is provided with limited assurance from an independent auditor in line with the ISAE 3000 (Revised) and ISAE 3410 standards. Click here for the Integrated Annual Report containing detailed information on the audit report and the human rights indicators.