About the Report

We, as Türkiye Vakıflar Bankası T.A.O. (VakıfBank), hereby present our performance and future projections in corporate governance, environmental and social fields in addition to our financial data to our stakeholders within the scope of our Integrated Annual Report 2021, covering the period between January 1 and December 31, 2021.

This report has been prepared in accordance with GRI Standards: the “Core” option. In addition, in our Integrated Annual Report, we have taken into account the Integrated Reporting Framework published by the Value Reporting Foundation. We shared our value creation model, our activities, and the performance improvement by grouping our material topics and capital elements in accordance with this framework.

Also, we benefited from Sustainability Accounting Standards Board’s (SASB) Provisional Standard for Commercial Banks and the GRI Financial Services Sector Supplement. Unless otherwise stated, the data represents the banking activities of VakıfBank conducted in all of the service units in Turkey and abroad.

In addition, our report includes the United Nations Global Compact (UNGC) Communication on Progress and the UN Women’s Empowerment Principles (UN WEPs) Progress Report of which we are signatories. In our report, in which we also benefit from the guidance of the UN Sustainable Development Goals (SDGs), there is a table showing our climate-related statements within the scope of the recommendations of The Task Force on Climate-related Financial Disclosures (TCFD).