Sustainability Milestones

2024

  • We became the only Tier-I bank in Turkey to be included in Sustainalytics' Top-Rated Companies 2024 List with our "Strong" performance in ESG risk management.
  • We managed to maintain our position in the "Leader" class by receiving AA in MSCI ESG rating.
  • We were entitled to receive an 'A' score in 2023 CDP Climate Change Program and Water Security Program. Thus, we became the first and only financial institution in Turkey to be included in the Global A List.
  • We were selected as one of “The Sustainability Yearbook” companies for the third time in S&P Global's Corporate Sustainability Assessment.

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.