• Profile
  • TSKB in Brief
  • TSKB's Subsidiaries
  • Products and Services Of TSKB
• Performance
  • Value Creation
  • Awards & Recognitions
  • CEO's Assessment
• Approach
  • TSKB's Sustainable Banking Strategy
  • TSKB's Sustainability Priorities
• Dialogue
  • TSKB and Stakeholder Engagement
  • TSKB's Stakeholders
  • 2010 Stakeholder Dialogue Highlights
• Sustainability and Environmental Issues
  • Sustainable Banking at TSKB
  • Sustainable Banking Performance: the Economic Dimension
  • The Renewable Energy Sector and TSKB
  • TSKB Energy Index
  • TSKB, Climate Change, and the Environment
  • TSKB's Efforts on Behalf of Sustainability and the Environment
  • Who Wouldn't Want to Be Sustainable?
  • ISO 14001 Certification
  • The Structure of the TSKB Environmental Management Team
  • TSKB's Environment Policy
  • TSKB's Environmental Impact
  • Sustainable Banking Performance: the Environmental Dimension
  • Developments in External Environmental Impact
• Corporate Governance
  • Absolute Compliance With Laws and Regulations
  • TSKB's Corporate Governance Structure
  • Compliance With Corporate Governance Principles
  • Risk Management at TSKB
  • Prevention of Money-Laundering and the Financing of Terrorism
  • Relations with Suppliers
• People
  • Human Resources and the Workplace at TSKB
  • The TSKB Performance Management System
  • TSKB Compensation and Reward System
  • TSKB Human Resources Structure
  • Human Rights and Employee Rights at TSKB
  • Competency Development and Training
  • Health and Safety at TSKB
  • Commuting By Sea
  • Internal Communication at TSKB
• The Community
  • Social Responsibility at TSKB
  • "Environment: Our Priority": Past and present
  • The NGOs that TSKB Collaborates with
• Summarized TSKB Goals and Performance
• Appendices
  • About This Report
  • Statement GRI Application Level Check
  • Global Reporting Initiative Cross Index
  • Online Sustainability
  • Imprint
  • Communication and Service Channels

SUSTAINABLE BANKING AT TSKB

Many of TSKB’s contributions to sustainable development, to the community, and to the environment manifest themselves in the banking products and services which it provides to its customers. TSKB is mindful of ensuring that all of the lendings which it makes in line with its mission are transformed into investments which will support Turkey’s economic and social development.

TSKB formulates its lending policies in keeping with the mission that it assumed at its inception and by taking into account Turkey’s requirements.
TSKB was founded with the mission of financing private sector investments in Turkey. Initially the Bank fulfilled this mission by providing customers from many different sectors with investment and project financing. With the passage of time, it responded in the best way possible to newly emerging market demands, becoming the institution that it is today. TSKB has always stood by the private sector in the course of Turkey’s development and played a leading role in meeting its needs for long-term resources.

What is called “sustainable banking” in today’s world is a concept which TSKB has been a true model of for sixty-one years.
Since the beginning of the 2000s, TSKB’s actions have been guided by the rapidly changing realities of the Turkish economy. The Bank foresaw that our country’s energy needs would be increasing with great rapidity in the near future; it identified the financing of renewable energy and environment projects as a priority business line that would gain increasingly greater importance in parallel with the dictates of climate change. In 2009 TSKB recognized energy efficiency project financing as a high-priority business line that needed to be supported by its lending policies.

TSKB is a bank which has successfully made its sustainable banking approach a core component of its mission, vision, goals, policies, standards, and business processes.
A decade ago, the Bank recognized that environmental issues and energy efficiency were emerging to the fore, along with renewable energy, with steadily greater importance around the world. In 2003 TSKB identified renewable energy as one of the key sectors that were essential to the support of Turkey’s sustainable development and thus decided to devote increasingly greater attention to that business line. In the seven years since then, the renewable energy and power distribution sectors evolved into a major component of TSKB’s loan book.