• • Laying Claim to the Future
  • Chairman's Message
  • CEO's Message
  • Corporate Profile, Our Vision, Our Mission, Our Corporate Values
  • Summary Financial Information
  • Türkiye Finans and Sustainability
  • Sustainability Organization at Türkiye Finans
  • Corporate Governance Organization at Türkiye Finans
  • Awards and Recognition
  • Stakeholders and Stakeholder Participation
  • We Generate Value for our Customers
  • We Generate Value for the Environment
  • We Generate Value for our Employees
  • We Generate Value for the Community
  • About this Report
  • GRI Application Level Check Statement
  • GRI Index

Chairman's Message (Sustainability)

Challenging global circumstances require the business world to take action

A number of recently published scientific papers indicate that we are facing problems that threaten the future of our planet, of which climate change is the most prominent. Other problems such as rapid depletion of natural resources, especially water, as well as rising energy demand and environmental pollution have the potential to wreak major changes to our environment and render living more difficult. All of these serious problems have worsened in parallel with the acceleration in economic development over the last century, and have today reached a specific level at which their impact on daily life is apparent and perceivable.

The goal of increasing social welfare inevitably necessitates more industrialization, more production and more consumption. Emerging markets, including Turkey, strive to increase their per capita gross national product, to improve the welfare of individuals, to offer a better quality of life for everyone and to gain a say on a global scale. Developed countries have, on the other hand, concentrated on further building on their already good conditions.

Given that abandoning development and growth targets is not an option, the solution would be to reduce and retard the impacts of problems in question within the framework of rational and systematic approaches.

It is currently seen that many international and supranational initiatives, particularly those concerning climate change and the environment, have gained pace. Hence, it is promising to witness a rise in environmental awareness on a global scale. The currently evolving understanding shows a mentality of expecting everything from the government is giving way to a new system where civil society and the business world take initiative.

We should bear in mind that sustainability is a basic concept which concerns even the smallest economic unit and will determine the conditions of tomorrow. At this point, the most fundamental task facing each of us is to ensure that the concept of sustainability is adopted simultaneously by our personnel and our stakeholders, who make up our value chain. Each brave step we take will contribute to the future of mankind.

We are fully confident that our journey of sustainability will be successful and our Bank would carry out exemplary practices in the Turkish banking industry.

Türkiye Finans and Sustainability

As one of the leading actors of the participation banking industry in Turkey, Türkiye Finans has been supporting Turkey’s economic development with its strong vision and conducting efforts aimed at popularizing participation banking practices with a sustainability-oriented approach since its foundation.

In this context, our Bank has successfully pursued its efforts in the social and environmental aspects of sustainability. The exemplary level of efficiency and productivity which we have reached in our service cycle means we consume less energy and are reducing our carbon footprint.

In years to come, we aim to progress in line with our sustainability strategy, to make proper use of the new business opportunities to be introduced by corporate sustainability and to increase the value that we offer to our stakeholders.

Our strategy, which is built on the two tenets of best banking practices and best corporate citizenship, will support the community and environmental efforts our Bank, which considers the provision of an increasing amount of support to the real sector through unique financial instruments and channels as its raison d’être.

We are a subsidiary of the National Commercial Bank (NCB), which is the largest bank in the Middle East in terms of capital. NCB is a successful corporation that has a deeply rooted tradition in the area of sustainability. Acting upon this fact, we believe we will carry the strong synergy which we have created in the banking sector into sustainability-related practices, and further increase our impact on the value chain. We believe we will progress in our journey of sustainability by gaining the support of our main shareholders at all times.

An open invitation

I would like to invite all of our stakeholders to cooperate on sustainability. We are ready to negotiate with you on the issues which we believe will contribute to the community and the environment, and to develop joint actions with yourselves. We have four groups of stakeholders (employees, customers, shareholders and the community), each of which is represented by the petals in our logo. We invite:

• our employees to adopt participation as a pattern of behavior,
• our customers to engage in synergic cooperation,
• the community to engage in amiable dialogue, and
• our shareholders to support our sustainability-related efforts.

As long as we are a corporate citizen that respects people and the community which we are a member of, we are fully confident that our journey of sustainability will be successful and our Bank would carry out exemplary practices in the Turkish banking industry.

On behalf of myself and our Board of Directors, I would like to take this opportunity to extend my gratitude to all of our stakeholders, who have contributed to our sustainability performance in 2013 and who have helped us demonstrate a strong performance in the area of sustainability.

Mustafa BOYDAK
Chairman