Measuring environmental sustainability in the Turkish banking sector: composite scoring of ESG-e performance (2022–2024)

Authors : Muhammed Mustafa Tuncer Çalışkan

Pages : 185-196

Doi:10.18070/erciyesiibd.1708220

View : 66 | Download : 92

Publication Date : 2025-12-31

Article Type : Research Paper

Abstract :This study conducts a structured assessment of the environmental sustainability performance of six leading Turkish banks between 2022 and 2024. Using ten ESG (Environmental, Social, and Governance) indicators, including CDP climate and water scores, emissions data, resource usage metrics, and environmental efficiency ratios, the analysis converts diverse inputs into comparable results through a standardized normalization process. Both direct and inverse normalization techniques are applied to construct a single composite ESG score for each institution. The results reveal notable disparities in sustainability performance: GARAN outperforms its peers, demonstrating robust integration of environmental practices, while ALBRK lags due to high resource consumption and poor emissions efficiency. YKBNK and HALKB show strong environmental disclosures but weaker operational execution, indicating a disconnect between policy statements and tangible outcomes. This research contributes to the literature by offering a replicable ESG scoring model tailored to the Turkish banking sector, providing empirical benchmarks for sustainability performance. The model enhances transparency, supports stakeholder evaluations, and informs sustainable finance strategies.
Keywords : ESG performansı, sürdürülebilirlik puanlaması, bileşik çevresel endeks, Türk bankacılık sektörü

ORIGINAL ARTICLE URL