Türk Eximbank considers sustainability as a key instrument of offering value to its stakeholder group, as well as of financial performance in the short, medium and longterm, and integrates sustainability matters in its business processes and corporate decisions.
Constantly improved stakeholder relations
Stakeholder relations are important in terms of determining and implementing an effective sustainability and corporate governance strategy. Within the scope of these relations, Türk Eximbank defines sustainable development opportunities presented by the economic environment and increases its contribution to economic progress through multi-lateral cooperations it develops.
The Bank pursues stakeholder needs and expectations in all business processes, and conducts its activities within the form of a business conduct concept in alignment with the laws, regulation, arrangements and ethical rules in force.
Attaching the utmost importance to maintaining sustainable dialogue with its stakeholders, Türk Eximbank uses the feedback from stakeholder communication process as input in various areas such as identification of strategic priorities, policy development, devising the business model and so on.
Stakeholder involvement plays a key role for upgrading the products and services on offer, identifying risks and opportunities, and providing, maintaining and improving a transparent and accountable management concept.
Based on this fact, Türk Eximbank manages stakeholder relations on the basis of a participative, transparent and two-way communication system.
Stakeholder Group |
Stakeholder |
Communication Channel with Stakeholders |
Stakeholder Expectation |
Actions Taken |
Internal Stakeholder |
Employees |
E-mail, phone, meetings, questionnaires, face-to-face/online contacts, Electronic Document Management System (EDMS), demand management system |
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External Stakeholder |
Public Institutions |
E-mail, phone, meetings, Electronic Document Management System (EDMS), organization portals, questionnaires |
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Suppliers |
E-mail, phone, meetings, Eximbuy |
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International Financial Institutions |
E-mail, phone, online/face-to-face meetings, reporting |
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Sector Institutions |
E-mail, phone, online/face-to-face meetings, questionnaires |
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Exporters |
Phone, e-mail, questionnaires, Public Disclosure Platform, exporter meetings, website, social network accounts, press releases, site visits |
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Sustainability Communication
Internal Communication
In 2023, Türk Eximbank continued working on its Sustainability Bulletin launched in 2021. Taking care to address different topics in each Sustainability Bulletin released, the Bank shares the progress it achieves in relation to sustainability with its employees via these bulletins.
During 2023, 8 Sustainability Bulletins were published which dealt with various topics including Carbon Border Adjustment Mechanism (CBAM), European Union Emissions Trading System, SDGs and Türk Eximbank, and energy and paper consumption data.
External Communication
Sustainability Manager Caner GENÇELİ represented Türk Eximbank at the Banks Association of Türkiye Sustainability Working Group Good Practices Conference and İTHİB (İstanbul Textile and Raw Material Exporters Association) Sustainability Financing Conference. The presentations addressed topics such as Türk Eximbank’s approach to sustainability, carbon emission measurement method stemming from the loans disbursed by the Bank in 2022, and environmental, social and climate risks addressed in the ICAAP report.
Additionally, Türk Eximbank maintains its sustainability communication with external stakeholders via its posts on social network platforms.
The International Union of Credit and Investment Insurers
The Association of National Development Finance Institutions (DFIs) in Member Countries of the Islamic Development Bank (IDB)
AMAN Union
Environmental Practitioners Group
AEBF
Asian Exim Banks Forum
Participants to the Arrangement on Officially Supported Export Credit
Platforms Türk Eximbank belongs to
Ministry of Environment, Urbanization and Climate Change National Carbon Pricing Specialized Working Group
Türkiye Exporters Assembly (TİM) Industry Sustainability Science Committee
Foreign Economic Relations Board (DEİK) Green Transformation Working Group
İstanbul Chamber of Industry Sustainability Platform
Banks Association of Türkiye (TBB) Role of Financial Sector in Sustainable Growth Working Group