Ethical Codes and Sustainability in Turkey

The aim of this study is to investigating scope and content of Turkish firms’ code of conducts. Nowadays main problem of the organizations is to reach sustainable performance among market, environment, social and governance issues for gaining social approve among society. Thus several firms announced some sort of reports which are consisting on their knowledge, practice and awareness of these issues. Hence in Turkey, Borsa İstanbul has signed a cooperation agreement with Ethical Investment Research Services Limited insert ignore into journalissuearticles values(EIRIS); to create BIST Sustainability Index. BIST Sustainability Index has been completed and announced on the 4th November 2015 with the code XUSRD and enclosed only fifteen firm. Indexed companies evaluated by EIRIS with the criteria of firm policy and activities in areas of environment, biodiversity, climate change, structure of management, countering bribery, human rights, supply chain, health and safety for create an instrument which allows investors to select and invest in companies that adapt principles of sustainability, corporate governance and risk management.