TSKB will provide 4 billion dollars of climate financing to the end of 2030
- TSKB (Turkey Sinei Development Bank), working with the mission of creating permanent value for the external and trained development of Turkey, continuing to maintain climate change and frequency-oriented work stability and take innovative steps in this field. TSKB, which was published in 2021 and was the first in Turkish banking sector, published in the context of climate change with the ‘Iklim Risks Report’, published in the correlation of Task Force on Climate-related Financial Disclosures (TCFD). The bench that shares the work together out to manage climate change-sourced risk and opportunities, reveals its stability, current work and development areas to fight climate change in this context.
[[T]]“We integrate our crediting processes by measurement risks”]]Murat Infoç said that TSKB’s Climate change is addressed as the basic strategy and successace beyond economic, environmental and social dimensions, Turkey’s first to contribute to transition to a industry based on low carbon economy, said: “We need scalable solutions in the field of green transformation, which includes issues such as renewable energy, energy efficiency and climate crisis, emissions and reduction, logic and cyclic economy investments for our common future. We integrate our crediting processes by measuring climate risks as TSKB. Transformation investments for reduction of climate risks are very important place in the future of our plane Tags. As one of the first institutions in the day of climate in Turkey, we compete the investment theme that contributes directly to the UN Sustainable Development Objectives (SKA) and the development goal of our country. The rate of our SKA-connected withdrawal is 90%, only the climate and the environment-related SKA-connected credit rate is our goal and the end of 2023 is 62%. We grow our influence in this field by sharing different industries through Escarus, our expansion of recovery in 2011. We sign the smart opportunities, thanks to our business partners. "
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]] “We are behind our commitment to not fund mining investments”]
]“We stand behind our commitment to not fund new build-up coal-fired thermal power plants and coal mining investments for electrical production purposes. We have updated our goal to cover capacity increasing investments and exit the coal crisis up to 2035 years. With our 2023 TSKB Climate Report, we conducted a valuable teamwork that we aim to create examples for our invention. We will continue to produce permanent value with our skilled staff and business partners in order to minimize climate risks in the next period and success in this fight. “
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“We aim to fund US$10 billion”]]
Meral Murathan, Deputy General Manager of TSKB and Sustainability Leader, said: “We aim to provide SKA-Linked by US$ 10 billion among the years of2021-2030. In addition, we plan to provide climate crisis with 4 billion US dollars from the end of 2030. We’re going to make our goals. In October 2022, we signed the Net-Class Banking Association, established by the United Nations Environment Program Finance Initiative (UNEP FI). With this signature, we are committed to align our credit portfolio with clear zero obstacles in accordance with the Paris Climate Agreement by 2050. In 2023, we announced the public by confirming our recent science-based targets for 2027 and 2035 years. "
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“One of the focus areas of precious energy TSKB”]]
]]]] Meral Murathan said that the renewable energy is one of the focus areas of TSKB: “We’ll continue to follow the goals of the United Nations Sustainable Development Goals, which are important redirects to fight against the change of hope, and in the scope of experiments. Powered by SBTi in 2023. We are committed to making performance progress while encouraging our business partners’ transition processes and carbon-freeing work with financin g. Thus, our bench has heard about the public by Directiveing its contour for greenhouse gas emissions, such as direct emissions from internal operations (Kapsam 1), supplyed energy-sourced indirect generators (Kapsam 2) and credit portfolio-source emissions (Kapsam 3). We have established TSKB Climate Change and Sustainability Management Manager in order to further deepen our relaxation activities for many years under different working groups in the bench.
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You can click on the link to reach 2023 TSKB Climate Report: https://www.tskb.com.tr/uploads/file/2023-tskb-iklim-raporu.pdf ]]]
