| SSE Initiative

Name	Borsa stanbul
Country	Trkiye
Number of listed companies	575
Domestic market capitalization	385,485 million US$
SSE Partner Exchange	Yes
Has annual sustainability report	Yes
ESG reporting required as a listing rule	Yes The Sustainability Principles Compliance Framework (The Outline) was put into practice with the amendment to Capital Markets Board of Trkyes Communiqu (No II-17.1) on 02.10.2020. The Outline contains fundamental sustainability principles and metrics expected to be disclosed by listed companies under the Comply or Explain principle.
Has written guidance on ESG reporting	Yes
Offers ESG related training	Yes Borsa Istanbul provides training to listed companies and also contributes to seminars, training and workshop activities on sustainability. Apart from those trainings, Borsa Istanbul hosted a couple of events dedicated to ESG: 8 October 2024: The Green, Social, and Sustainability Bonds Executive Training organized in partnership with the International Finance Corporation (IFC), to inspire green bond issuance in developing countries. The training program is organized under IFC's Green Bond Technical Assistance Program (GB-TAP). 19 October 2024: A full day training on financial literacy to high school teachers. Training was provided by Borsa Istanbul experts. 6 November 2024: International Sustainable Finance and Responsible Investment Conference. 3 December 2024: Annual Sustainable Finance Forum, organized jointly by the Business World and Sustainable Development Society Turkiye and Global Compact Turkiye
Market covered by sustainability-related index	Yes
Has sustainability bond listing segment	No
Has SME listing platform	Yes The Venture Capital Market, established on September 29, 2023, serves as a platform where companies that plan to go public in the future can raise capital exclusively through capital increases and by issuing shares solely to institutional and qualified investors. This market aims to provide these companies with the necessary financing for their growth. In this way, the aim is for these companies to achieve healthier growth, institutionalize, and mature, thereby becoming ready for an initial public offering (IPO).
Women on boards mandatory minimum rule	No
Additional information	Sustainability section on website. For sustainable capital market instruments (debt-related such as bonds) issued in Turkiye, please check https://gefas.gov.tr/en/sdi/detail-data
Organizational model of stock exchange	Demutualized for profit; demutualized in 2012.
Regulatory bodies	Capital Markets Board of Trkiye
Regulatory model	The legal framework of Turkish capital markets, as it currently stands, is mainly devised by two major pieces of legislation, namely Capital Markets Law No. 6362 and Turkish Commercial Code. Other regulations include Communiqus of Capital Markets Board and Regulations of Stock Exchange. For more information, please click here .
About the stock exchange	Borsa Istanbul A.S. (Borsa Istanbul), with roots dating back to 1873, ensures fair and well-organized trading of securities, derivatives, precious metals and diamonds as the primary exchange of Turkiye. Borsa Istanbul is integrated with post-trade institutions Istanbul Takas ve Saklama Bankasi A.S. - Takasbank (Central Counterparty - CCP) and Merkezi Kayit Kurulusu A.S. - MKK (Central Securities Depository). Borsa Istanbul, Takasbank and MKK all together constitute Borsa Istanbul Group. Through its integrated pre-trade, trade and post-trade structures, cutting edge technology and diverse product range, Borsa Istanbul Group provides investors with a modern and highly liquid trading platform based on international standards and best practices. Borsa Istanbul Group facilitates access for investors to Turkish capital markets and provides them with tools to hedge perceived risks. Turkiye's fast growing economy, strong financial and real sector with access to large domestic and regional markets, geographic proximity to Europe, Middle East and Asia, liberal investment climate with robust investor protection are just a few of the key factors that make it an attractive destination for investment. Turkish capital markets are preferred by the most renowned investors from all around the world.