Recent Developments at Garanti BBVA Regarding Sustainability

2018

    • Ebru Dildar Edin, our Executive Vice President Responsible for Corporate and Investment Banking, became the Chair of the Board of Directors of Turkish Business Council for Sustainable Development (BCSD Turkey).
    • Granted the title of the Best Bank in the Central and Eastern European Region at the Awards for Excellence organized by Euromoney, one of the leading finance magazines in the world.
    • Once again became the first and only company from Turkey to be listed in the Bloomberg Gender-Equality Index.
    • Declared its support to Clean Production in Textile Sector Project executed by World Wildlife Foundation (WWF) and Southern Aegean Development Agency (GEKA).
    • Executed Turkey’s  first green loan agreement with a value of USD10 mn where  the margin is linked to the ESG score of the Zorlu Energy.
    • Became the only bank in Turkey who developed The Principles for Responsible Banking out of 28 founding member banks jointly representing over USD 17 trillion in assets from five continents around the world.
    ·         Executed first social bond issuance of a private bank in emerging markets in order to be used by women entrepreneurs with IFC.
    • Realized our LEED-certified Pendik Technology Campus with the most comprehensive application ISO14001 Environmental Management System in Turkey
    • Invested in three rooftop solar power plants for our service points in several cities. By using the electricity produced by these power plants at our service points, we are setting an example for investors operating in this sector.
    • Signed Turkey’s first ‘green project finance’ agreement with Akfen Renewable Energy with the participation of four local and two international banks.
    • Qualified for the FTSE4GOOD Emerging Index in its first year.
    • Took part in the 24th Conference of the Parties at the United Nations Climate Change Conference (COP24) in Poland on 3-14 December.
    • Continued to be a constituent of the Dow Jones Sustainability Index Emerging Markets for the consecutive year.
    • Organized 5th Sustainability and Risk Management Workshop where our corporate customers from energy and infrastructure industries were informed about the new sector trends.
    • Selected as one of the companies to participate in UN WEPs Gender Gap Tool Pilot Study and share best practices.

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