Turkiye Vakiflar Bankasi Turk Anonim Ortakligi AS 2023 IR
The report highlights VakıfBank's strong performance in 2023, during which it maintained its position as the second-largest bank in Türkiye with assets reaching TL 2.8 trillion. The bank became the first Turkish bank to have its science-based carbon reduction targets approved by the Science Based Targets initiative (SBTi), committing to a 51% reduction in Scope 1 and 2 emissions by 2032. Additionally, VakıfBank achieved an 'A' leadership score in the CDP Climate Change program and secured USD 6.3 billion in new international funding, including significant sustainability-themed resources. The bank also expanded its digital banking base to nearly 13 million customers and continued its extensive social responsibility projects in education, culture, and sports.
Company: Turkiye Vakiflar Bankasi Turk Anonim Ortakligi AS
Sector: Financials
Country: Turkiye
Year: 2023
Type: IR
Pages: 281
Turkiye Vakiflar Bankasi Turk Anonim Ortakligi AS
Integrated Annual Report
The report highlights VakıfBank's strong performance in 2023, during which it maintained its position as the second-largest bank in Türkiye with assets reaching TL 2.8 trillion. The bank became the first Turkish bank to have its science-based carbon reduction targets approved by the Science Based Targets initiative (SBTi), committing to a 51% reduction in Scope 1 and 2 emissions by 2032. Additionally, VakıfBank achieved an 'A' leadership score in the CDP Climate Change program and secured USD 6.3 billion in new international funding, including significant sustainability-themed resources. The bank also expanded its digital banking base to nearly 13 million customers and continued its extensive social responsibility projects in education, culture, and sports.
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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:
Energy Consumption
Water Consumption
Total Waste
Women on Board
Women in Management
Workplace Fatalities
Net Zero Target
Employees