SUMMARIZED TSKB GOALS AND PERFORMANCE
2009 - 2nd Half to 2010 Goals |
2009 - 2nd Half to 2010 Performance |
Future Goals |
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The environment and sustainable banking |
Sustainable banking |
Increase the share, in terms of both project numbers and share of the overall lendings portfolio, of the Bank’s renewable energy financing by supplying credit to new projects |
As of 31 December 2010, the number of renewable energy projects to which TSKB had provided financing was 95. |
In 2011 and the years that follow, TSKB intends to increase the share, in terms of both project numbers and share of the overall lendings portfolio, of the Bank’s renewable energy financing by supplying credit to new projects. |
Increase the number of energy efficiency projects to 10 by the end of 2010 |
At end-2010, the number of energy efficiency projects financed by TSKB was 17. |
In 2011 and the years that follow, TSKB intends to increase the share, in terms of both project numbers and share of the overall lendings portfolio, of the Bank’s energy efficiency financing by supplying credit to new projects. |
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Develop environment-friendly portfolio management and investment products |
No activities in this area took place during the reporting period. |
TSKB’s goal is to increase the number of environment-friendly and aware products in its products and services lineup and to lead the way with other innovations in this business line. |
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Access to international financial resources |
During the reporting period, TSKB continued to access international financial resources and to engage in efforts to secure the long-term resources required by its sustainable banking mission. |
TSKB seeks to make the long-term resources that it secures from international markets available to customers on the best possible terms as financing for renewable energy, energy efficiency, and APEX lending projects. |
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Environment |
Be carbon-neutral* |
TSKB maintained its carbon neutrality through its successful implementation of its Carbon-Neutral Project in 2008 and in 2009. |
TSKB’s goal is to remain carbon-neutral in 2010 and the years that follow. |
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Reduce the carbon footprint in 2009-2010 by 5% compared with 2008** |
TSKB’s carbon footprint at end-2010 was 67.88% smaller than what it was in 2008. Such a high rate of reduction was achieved through the use of renewable energy. |
TSKB’s goal in 2011-2012 is to reduce its carbon footprint by another 5%. TSKB intends to continue its efforts to achieve further economies in electricity and natural gas use in order to reduce its carbon footprint. |
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Continue using renewable energy |
TSKB started using renewable energy in all of its service facilities on 1 June 2009 and it has been using renewable energy ever since that date. |
TSKB intends to continue making use of renewable energy in all of its service facility (other than its Bahrain branch). |
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Expand internal capacity to address climate change issues; further develop the Bank’s Environmental Risk Evaluation Tools (ERET) |
TSKB is continuously expanding its internal capacity to address climate change issues. TSKB further improved its environmental risk assessment model (ERET) with the introduction and use of a new version as of 1 July 2010. |
TSKB regards increasing its competencies in this area and supports investments that will speed up the changeover to a low carbon economy in Turkey as an essential element of its mission. TSKB intends to continue developing its environmental risk assessment model (ERET) in the years ahead as well. |
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Receive full marks in its second ISO 14001 certification and become entitled to new certification for a three-year period. |
TSKB received full marks in its second ISO 14001 certification audit and become entitled to new certification for a three-year period. |
TSKB intends to successfully pass its ISO 14001 audits in 2011 and 2012 as well. |
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Remain up to date on national and international developments in the area of climate change and take them into consideration in the conduct of the Bank’s own activities |
TSKB systematically monitors developments occurring and steps taken in the amount of climate change both in Turkey and abroad and it plays an active role in voluntary initiatives undertaken by NGOs in such areas. To this end, the Bank is a member of the Global Compact and of UNEP FI and has also joined the Carbon Disclosure Project. |
TSKB intends to keep a close watch on the overall results of the United Nations Conference on Climate Change that is to convene in the city of Durban in South Africa in 2011 as well as their implications for Turkey and to take both into account in the conduct of its own activities. |
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Corporate governance and compliance |
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Remain in full compliance with the requirements of law, with corporate governance principles, and with the rules of ethics; maintain a zero-tolerance level of error, impropriety, and complaint. |
During the reporting period, TSKB took all necessary action to ensure that it remained in full compliance with the requirements of law, with corporate governance principles, and with the rules of ethics. |
TSKB’ goal is to maintain a zero-tolerance level of error, impropriety, and complaint with respect to such matters. |
Maintain the Bank’s standing as having the highest corporate governance rating in the sector while correcting any shortcomings cited in the first corporate governance compliance report |
In the First Corporate Governance Awards granted by the Corporate Governance Association of Turkey based on the corporate governance ratings received by organizations included in the ISE Corporate Governance Index, TSKB ranked second among organizations with the highest corporate governance rating. TSKB’s corporate governance rating is also the highest in the Turkish banking sector. |
TSKB goal is to maintain its standing as having the highest corporate governance rating in the sector while correcting any shortcomings cited in the first corporate governance compliance report. |
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Maintain the Bank’s “zero incident” standing in the area of preventing money-laundering and the financing of terrorism |
TSKB is committed to being in full compliance with current laws and regulations in Turkey pertaining to money-laundering and terrorism-financing. For this reason, it has incorporated all essential control, warning, and other mechanisms related to such matters into its business processes. During the reporting period no incidents concerning such matters were reported. |
TSKB intends to remain in full compliance in this area and to maintain its “zero incident” standing. |
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Contributing to society |
Human resources |
Continue to support the professional and personal development of the Bank’s human resources |
In the second half-year of 2009, TSKB employees received per-person averages of 10.99 hours of technical training and 2.81 hours of personal development training. In 2010 these averages were 29.79 hours and 13.41 hours respectively. |
TSKB intends to continue developing its technical and personal development training programs. |
Increase environmental training |
During the reporting period, TSKB provided its employees with environmental awareness training on a number of issues. |
TSKB intends to give increasingly more attention to the inclusion of environmental issues in its human resources training programs. |
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Maintain diversity |
In 2010, 53% of all of TSKB’s employees and 33% of its senior management were women. |
TSKB intends to maintain and further develop the diversity of its human resources. |
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Social responsibility |
Continue develop the Bank’s “The environment is our priority” project |
During the reporting period, TSKB continued to conduct and sponsor a variety of activities under its “The environment is our priority” project while also taking extensive part in environmental platforms. |
TSKB intends to add new platforms to existing one’s in TSKB social responsibility projects, to increase the Bank’s stakeholders audience and area of influence, and to develop projects that involve active stakeholder participation. |
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Further develop the cevreciyiz.TV project |
Turkey’s most comprehensive environmental video portal continued to grow and develop in 2010 and reached a broader audience. |
TSKB intends to expand and enrich cevreciyiz.TV’s video archive and to reach a larger social media audience of people who regard themselves as “environmentalists”. |
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In this section:
- A sixty-one-year story
- For Turkey’s sustainable development
- TSKB’s integrated service strategy
- TSKB’s principal business lines
In this section:
- Creating value
- Who did we share what with and how?
- National and international recognitions
- Speaking on behalf of management: TSKB’s CEO assesses the Bank’s performance and presents its goals for the future
In this section:
- The key to sustainable development: Sustainable banking
- TSKB’s basic approach to sustainability: Continuously identify, implement, and improve upon correct strategies.
In this section:
- The importance and value of stakeholders
- Open, honest, and sincere communication
- Global and national initiatives
- What do our stakeholders say?
In this section:
- Banking products and services that meet Turkey’s needs
- One goal: A low-carbon economy
- Managing environmental impact
- Towards a smaller carbon footprint
In this section:
- Corporate governance and full compliance with law
- The highest corporate governance rating in the sector
- Risks and policies
- The importance of environmental risks
- Ethical banking
- Combating financial crime
- Suppliers: TSKB’s indirect environmental impact
In this section:
- Our most precious asset
- A compensation policy that is competitive and market-sensitive.
- Diversity and equal opportunity
- Systematic approach to training
- Zero-level workplace accidents
- Commuting by sea
In this section:
- Our approach to social responsibility
- A 60-year symphony
- Turning Winds
- cevreciyiz.TV
- Turkey’s richest-content environmental portal
- The NGOs that we collaborate with
In this section:
- About this report
- Global Reporting Initiative cross index
- Online sustainability
- Imprint
- Communication and service channels
