Industrial Development Bank of Turkey: Financing sustainable investments to create change
This case study has been created from the Finance for the Future Awards. This entry was a finalist in the ‘Investing and Financing’ category.
Industrial Development Bank of Turkey (TSKB) was established in 1950 with the support of the World Bank, the Central Bank of Turkey and private commercial banks. Since it was founded, TSKB has supported Turkey’s sustainable growth, and it has focused on financing renewable energy projects since 2002. Its services include corporate banking, investment banking and consultancy.
‘The judges felt that TSKB has developed a holistic approach to embedding sustainable development in the organisation, from the mission through to delivery … TSKB has consistently adopted good practices in sustainable development and reporting, including participation in global initiatives in responsible banking.’
Finance for the Future Awards judges