Turkiye Vakiflar Bankasi TAO 2024 Sustainability Report
Company: Turkiye Vakiflar Bankasi TAO
Sector: Finance & insurance
Country: Turkey
Year: 2024
Type: Sustainability Report
Pages: 23
The report describes the Group's first 2024 TSRS-compliant sustainability disclosures, including a 51% gross Scope 1 and Scope 2 emissions reduction target by 2032 and continued efforts toward Net Zero by 2050. The Bank states that it achieved carbon-neutral status for banking operations in 2024 by offsetting emissions and sourced 100% of electricity needs, excluding international operations, from renewable sources. Sustainable-financing products represented 16% of the total loan portfolio.
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