Turkiye Sinai Kalkinma Bankasi AS 2023 IR

The report highlights Türkiye Sınai Kalkınma Bankası's (TSKB) financial and sustainability performance for 2023, marking its transition toward net-negative and inclusive development. In 2023, TSKB secured USD 1.1 billion in funding from international markets, including its fourth sustainable bond issue of USD 300 million. The bank achieved a net profit of TL 7 billion, representing a 74% year-on-year increase, and a strong capital adequacy ratio of 26.2%. Notably, 90% of TSKB's loan portfolio is linked to the United Nations Sustainable Development Goals, with 62% focused on climate and environmental targets. Additionally, the bank received approval from the Science Based Targets initiative (SBTi) for its greenhouse gas emission reduction targets.

Company: Turkiye Sinai Kalkinma Bankasi AS

Sector: Financials

Country: Turkiye

Year: 2023

Type: IR

Pages: 376

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Turkiye Sinai Kalkinma Bankasi AS

Turkiye Sinai Kalkinma Bankasi AS 2023 Integrated Annual Report

Integrated Annual Report

The report highlights Türkiye Sınai Kalkınma Bankası's (TSKB) financial and sustainability performance for 2023, marking its transition toward net-negative and inclusive development. In 2023, TSKB secured USD 1.1 billion in funding from international markets, including its fourth sustainable bond issue of USD 300 million. The bank achieved a net profit of TL 7 billion, representing a 74% year-on-year increase, and a strong capital adequacy ratio of 26.2%. Notably, 90% of TSKB's loan portfolio is linked to the United Nations Sustainable Development Goals, with 62% focused on climate and environmental targets. Additionally, the bank received approval from the Science Based Targets initiative (SBTi) for its greenhouse gas emission reduction targets.

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Document Details

Report Year

2023

Reporting Period

Jan 1, 2023 - Dec 31, 2023

Fiscal Year

2023

Type

Integrated Report

Language

English

Pages

 

File Size

 

Standards & Assurance

Reporting Standards

Materiality Assessment

Assurance

Assurance Provider

Assurance Standard

ESG Data?Experimental — AI-extracted data, may contain inaccuracies

Emissions

Scope 1:

Scope 2:

Scope 3:

Renewable Energy

Water Consumption

Women on Board

Women in Management

Workplace Fatalities

Net Zero Target

Employees