Sustainability Milestones

2023

  • We joined the Net Zero Banking Alliance established by the United Nations Environment Program Finance Initiative (UNEP FI).
  • We became the first Turkish Bank signing the Finance for Biodiversity Pledge.
  • We were listed in the Bloomberg Gender Equality Index 2023.
  • Within the scope of S&P Global's Corporate Sustainability Assessment, we performed above the industry average in 2023 and were entitled to be among the companies in "The Sustainability Yearbook" for the second time in a row.
  • We started working on developing a decarbonization strategy for the loan portfolio and took steps to reshape loan policies within the framework of this strategy.
  • We issued our first sustainable eurobond.
  • We issued our first social syndication loan.
  • We implemented the Sustainable Preferences Program (Step), which aims to raise awareness among our customers, encourage them towards nature-friendly solutions and reduce carbon emissions.

2022

  • Thanks to a performance that exceeded sectoral, international and country-wide standards, we were listed in the Bloomberg Gender Equality Index once again in 2022 after being listed for the first time in 2021.
  • We managed to be listed in “The Sustainability Yearbook 2022,” issued under the scope of S&P Global’s Corporate Sustainability Assessment, evaluating over 7,000 companies.
  • We upgraded our rating by three levels from BB to AA in the MSCI ESG Ratings, which measure companies' resilience to long-term environmental, social and governance (ESG) risks. This put us in the class of ‘Leaders’, making us the only financial institution in Turkey to have received an AA rating.

2021

  • We transformed Yapı Kredi Bodrum Branch into a “Sustainable Branch“ in collaboration with Yapı Kredi Leasing and Arçelik.
  • According to Carbon Disclosure Project’s (CDP) 2021 results, we received an A- ranking in CDP Water Security Program, and a B ranking in CDP Climate Change Program. We became the only financial institution to be selected as Turkey’s Water Leader with our A- ranking in the CDP Water Security Program.
  • We joined the Science Based Targets Initiative to become the first Turkish company to commit to reducing its emissions in line with the requirements of “Business Ambition for 1.5°C.”
  • In line with our updated policies on financial support for green projects and investments, we declared that we will no longer finance coal-fired power plants and new coal mining projects.
  • We became one of the supporters of the Task Force on Climate-Related Financial Disclosures (TCFD).
  • We became one of the five companies from Turkey to be included in the 2021 Bloomberg Gender Equality Index (GEI).
  • We were granted Zero-Waste Certificate for our Head Office building, following the one for our Banking Base.
  • We launched our electric/hybrid vehicle loan program.

2020

  • We published our first Integrated Report.
  • We were granted Zero-Waste Certificate for our Banking Base with the Zero-Waste Project.
  • We were ranked among the Leaders of Turkey in the CDP Water Security Program in 2020 with the highest ranking (A- (Leadership)) in the Turkish financial sector for the second time.
  • Under the leadership of the Women Entrepreneurs Association of Turkey (KAGIDER), we received the Equal Opportunity Certificate (EOC) developed with the technical support of the World Bank.
  • We expanded our sustainable and innovative product portfolio and issued our first green bond.
  • We launched our nature-friendly mortgage.
  • We expanded the scope of the ISO 14064-1 certificate to cover all our premises and subsidiaries, including the branches.
  • We were granted the ISO 14046 Direct Water Footprint Certificate for our Head Office and service buildings, becoming the first financial institution to comply with this standard in Turkey.

2019

  • We were ranked among the Leaders of Turkey in the CDP Water Security Program in 2019, with the highest ranking (A- (Leadership)) in the Turkish financial sector.
  • We became one of the founding signatories of the Principles for Responsible Banking (PRB) of the United Nations Environment Program Finance Initiative (UNEP FI).
  • As a result of our efforts to further integrate Equator Principles into our system, we revised our assessment criteria from “at least 3-year maturity and a loan amount above USD 20 million” to “all investment loans above USD 10 million” as of 2019.
  • We included the projects worth over USD 10 million with financial consultancy services in our “Assessment of Environmental and Social Risks in Lending Activities” procedure.

2018

  • We published our first report under the Carbon Disclosure Project (CDP) Water Safety Program.
  • We participated in the Business World Against Domestic Violence Project and implemented our “Business Against Domestic Violence Policy.”

2017

  • We became a founding signatory of the Global Compact Turkey Declaration on Sustainable Finance which represents a sectoral collaboration as part of the activities of the Global Compact Turkey Sustainable Finance Working Group.
  • We were included in the FTSE4Good Emerging Index of the global index provider FTSE Russell, a subsidiary of the London Stock Exchange Group, which measures companies’ ESG performances.

2016

  • We joined the WEPs platform established under the partnership of the United Nations Global Compact and United Nations Women (UN Women).
  • We published our first report under the Carbon Disclosure Project (CDP) Climate Change Program.
  • We joined the United Nations Environment Program Finance Initiative by signing the Statement on Environment and Sustainable Development to reinforce our commitment to sustainable development.
  • We established an Environmental Management System (EMS) by receiving ISO 14001 certification for our head office buildings, the Yapı Kredi Plaza D Block, and the Yapı Kredi Banking Base to systematically manage our environmental impacts.

2015

  • We published our first Sustainability Report in compliance with the GRI G4 standards.
  • An independent audit was performed for the first time on selected indicators of the Sustainability Report (energy, emission, finance, occupational health and safety, employee training, anti-bribery and anti-corruption, and human rights).

2014

  • We were included in the BIST Sustainability Index.
  • We established a Sustainability Committee in charge of integrating sustainability practices into our business processes and monitoring our sustainability performance.