Garanti Bank is once again the only Turkish company listed in the Dow Jones Sustainability Index
Garanti Bank, once again, became the only Turkish company to qualify for the Dow Jones SustainabilityTM Emerging Markets Index. Having qualified for the BIST Sustainability Index and the BIST Corporate Governance Index in 2014, Garanti proved once again that it successfully integrated sustainability into all of its activities and banking operations by further qualifying to be a member of the Dow Jones SustainabilityTM Emerging Markets Index in 2015 for the first time.
Being one of the respectable platforms that assesses corporations’ sustainability performances globally, Dow Jones Sustainaibility Index has a role of being an important indicator that international investors take into consideration. Companies are graded based on topics such as ethics, governance, financing activities, environmental and social performance throughout the value chain, risk management, climate change mitigation, transparency, supply chain, human and employee rights.
Commenting on the topic Garanti Bank’s CEO Fuat Erbil said: “With our sustainability approach being an inseparable part of Garanti Bank’s operations, once again we are proud of accomplishing one of the most important achievements in this field. We became the only company from Turkey that qualified as a component of DJSI in 2015, after competing with the top of the line companies. Despite the increasingly challenging criteria and assessment process, we are proud to be the only Turkish company selected for the index in 2016 as well. We believe qualifying for this index is highly valued by all of our stakeholders. As an organization that embedded sustainability into its culture, we will continue to work hard to add value to the society and the environment.
About Dow Jones Sustainability Indices:
The Dow Jones Sustainability World Index was launched in 1999 as the first global sustainability benchmark. The DJSI family is offered cooperatively by RobecoSAM Indices and S&P Dow Jones Indices. The family tracks the stock performance of the world's leading companies in terms of economic, environmental and social criteria. The indices serve as benchmarks for investors who integrate sustainability considerations into their portfolios, and provide an effective engagement platform for companies who want to adopt sustainable best practices. The DJSI is based on an analysis of corporate economic, environmental and social performance, assessing issues such as corporate governance, risk management, branding, climate change mitigation, supply chain standards and labor practices.
Currently, Garanti Bank is the only company from Turkey to be a member of DJSI.