Akbank T.A.Ş.

Climate Impact & Sustainability Data (2017)

Reporting Period: 2017

Environmental Metrics

Total Carbon Emissions:7,515 tons CO2e/year

Renewable Energy Share:81% of total energy project loans

Total Energy Consumption:132,143 Gigajoules/year

Water Consumption:112,052 m3/year

Waste Generated:934 tons of paper/year

ESG Focus Areas

Corporate Governance
Sustainable Profitability and Growth
Reduction of Carbon Emissions
Secure Banking
Customer Satisfaction
Employee Engagement
Community Investment
Environmental Risk Management
Ethical Banking
Information Security

Environmental Achievements

Major reductions in carbon emissions from operations due to energy efficiency projects.
9.5% savings in printer paper consumption through double-sided printing.
Significant paper savings through Credit Card e-statement and Contracted Merchant e-statements.
Recycling of 934 tons of paper and 933 toner cartridges.

Social Achievements

Launched CaseCampus entrepreneurship program, graduating 75 entrepreneurs and offering 262 internships/jobs.
Implemented Akbank Social & Environmental Management System (SEMS) for SME loans.
Administered 554,913 hours of employee training (9 business days per employee).
Received FEM certification for equal opportunity.
Became signatory to the Women’s Empowerment Principles (WEPs).
Organized Akbank Jazz Festival with 53 concerts, 3 talks, and 15 workshops.
Organized Akbank Short Film Festival featuring 1,055 short films from 52 countries.
Supported financial literacy through Akbank Junior Savers Project, reaching 90,000 children.

Governance Achievements

Full compliance with Corporate Governance Principles.
Transparent and accountable shareholder relations.
Effective risk management processes.
Robust internal control and audit infrastructure.
Implementation of Clean Banking principles.
Establishment of an Information Risk Management Department reporting directly to the Board of Directors.

Climate Goals & Targets

Environmental Challenges

Climate change risks (extreme weather, regulatory changes).
Liquidity risks.
Credit risks.
Operational risks.
Reputation risks.
Legal risks.
Risks associated with new products and services.
Clean Banking risks.

Mitigation Strategies

Proactive risk management approach.
Internationally accepted risk management models and regulations.
Liquidity management framework.
Cautious loan policies and procedures.
Differentiated and diversified controls, insurance, and limits.
Policies and practices for reputation risk management.
New Product and Service Evaluation Committee.
Implementation of Clean Banking principles.
Information risk management investments in people, processes, and technology.
Robust internal control system.

Supply Chain Management

Supplier Audits: Approximately 50% of suppliers committed to UN Global Compact principles.

Responsible Procurement

Encouraging suppliers to comply with Akbank principles and policies, including the UN Global Compact.

Climate-Related Risks & Opportunities

Physical Risks

Extreme weather conditions

Transition Risks

Regulatory changes related to energy efficiency and renewable energy.

Opportunities

Development of energy-efficient products and services
Financing of renewable energy projects

Reporting Standards

Frameworks Used: GRI G4 Comprehensive

UN Sustainable Development Goals

Goal 4 (Quality Education)
Goal 5 (Gender Equality)
Goal 6 (Clean Water and Sanitation)
Goal 7 (Affordable and Clean Energy)
Goal 8 (Decent Work and Economic Growth)
Goal 9 (Industry, Innovation and Infrastructure)
Goal 11 (Sustainable Cities and Communities)
Goal 12 (Responsible Consumption and Production)
Goal 13 (Climate Action)
Goal 15 (Life on Land)
Goal 17 (Partnerships for the Goals)

Climate Change Data