Garanti is the only financial institution worldwide to qualify for the CDP Water Program Global A li
Garanti is the only financial institution worldwide to qualify for the CDP Water Program Global A list
Garanti Bank has succeeded in being included in the CDP Global A List among the businesses that announced their strategies for the water crisis through the CDP platform carried out by Sabancı University Corporate Governance Forum in Turkey. Thus, Garanti has been the only financial institution to be included in the CDP Water Program Global A List that includes 73 companies worldwide. Meanwhile, Garanti has also received the Turkey Climate Leader with grade A- within the scope of the CDP Climate Change Program. At the “CDP Turkey Climate Conference and Awards Ceremony” organized by CDP Turkey on 28 November, Tuesday and started with the opening speech by Ebru Dildar Edin, Executive Vice President of Garanti Bank, the award received by Garanti Bank was handed by Erol Bilecik, the President of TUSİAD (Turkish Industry and Business Association).
Briefing on the subject, Ebru Dildar Edin, Garanti Bank’s Executive Vice President noted the following: “Since 2011, when CDP started operating in Turkey, we have been positively responding to CDP’s call for environmental transparency for the business world. For the past 6 years, we have increased the amount of our disclosed and assured data and for a couple of times made the Global A List of the CDP Climate Change Program. This year, we have been the only financial institution to enter the Global A List of CDP Water Program, which is a much more recent program compared to the climate change program. We have also retained our score at the climate change program and entered the A- list and sustained our position among CDP Turkey Leaders. These achievements demonstrate that Turkish business world has been making significant global achivements and its environmental sensitivity has started being recognized globally. We became the main sponsor of CDP Turkey in order to support both the climate change and the water programs with the aim of increasing the number of companies in Turkey that can make the same achievement. We are much glad to achieve high ranks for the two different categories of the program that we have been advocating and supporting. In the years ahead, we wish to be included in these lists with many more companies from Turkey and share this achievement with them”.
Within the scope of the CDP Programs, around 6000 companies worldwide are measuring the interactions of the products that cause climate change, consumption of water resources and deforestation with their business operations and the risks that they create and then disclose such results to the investors.