TSKB RAPORU.indd

Thanks to its many successful investment projects, the Bank has played a key role in the integration of the country with the global economy and contributes to the sustainable growth, development and transformation of the manufacturing economy in Türkiye. [...] Following the passing of the EU Taxonomy for Sustainable Activities, colloquially called the Green Taxonomy, in 2020 and the increasing interest in ESG investing over the course of the COVID-19 pandemic, 2021 proved to be a significant year for ESG investing.5 For instance, the 2021 United Nations Climate Change Conference (COP26) was one of the important highlights. [...] The themes and conditions for loan agreements are collaboratively determined by the DFIs and TSKB; TSKB is an influential actor in the process as it follows global trends and assists in the adaptation of them to the needs of Turkish industries. [...] The only responsibility of the engineering department is to account for and evaluate all of the risks involved in a project, inform TSKB departments and outside actors when necessary, and emphasize the importance and gravity of these risks.” Moreover, an employee from the corporate communications department emphasized the role of this separate engineering department in the creation of Escarus. [...] Current and Future Challenges for TSKB and the Financial Sector in Turkey In each interview, I asked participants about their perspectives on the current and future challenges for TSKB, the Turkish financial sector, and the global actors of the financial sector.