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PART I: INTRODUCTION
In order to ensure that sustainability activities
are carried out in an effective and productive
manner so as to contribute to the Bank’s
corporate identity, and to make the Bank a
permanent participant to the BIST Sustainability
Index, we created our sustainability organization
structure in 2015.
This structure comprises a “Sustainability
Committee” as the highest decision-making
and responsible authority and a related
“Sustainability Subcommittee”, a “Sustainability
Service” within the Department of Investor
Relations to carry out sustainability services and
an “Environmental Management Service” within
the Head of Support Services.
ENVIRONMENTAL SUSTAINABILITY
In 2015, the Bank presented its disclosure to
the Carbon Disclosure Project (CDP) climate
change program which focuses on climate
change strategy, risk management, and carbon
emissions. As a result of the assessment, in the
very first year of joining the program, VakıfBank
accomplished a disclosure rating of 91 over a
possible 100 in the C performance band, which
represents a very significant achievement.
SUSTAINABILITY REPORTING
VakıfBank’s first Sustainability Report, which
covers the activity period from 2014 until June
2015 and is prepared in accordance with the G4
standards of Global Reporting Initiative (GRI),
was submitted to stakeholders’ information.
SUSTAINABILITY ORGANIZATION
In the very first year of joining the Carbon Disclosure
Project, VakıfBank accomplished a
disclosure rating
of 91
over a possible 100 in the C performance band.
SUSTAINABILITY COMMITTEE
Sustainability Sub-Committee
Sustainability Service
(Investor Relations Department)
Environmental Management Service
(Head of Support Services)
