The Sustainability Guide, updated in 2024, seeks to provide companies with comprehensive guidance on developing and reporting sustainability practices. It includes a section on the implementation of IFRS S1 and S2 standards, which are prepared in accordance with the Model Guidance on Sustainability-Related Financial Disclosures.

The Integrated Reporting Guide, prepared in collaboration with the Integrated Reporting Turkiye Foundation (ERTA) in 2022, underscores Borsa Istanbul's commitment to integrated reporting and serves as a reference for best practices in Turkish.

The Climate Reporting Guide, also prepared in 2022, delineates strategies for addressing the financial impacts of the climate crisis. It identifies key steps for assessing corporate exposure and offers guidance on the critical elements of climate-related financial disclosures.

The guidance documents are available here in Turkish.

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

BIST Corporate Governance Index

The index, introduced in 2007, includes companies with high corporate governance ratings provided by the rating institutions authorized by CMB.

BIST Sustainability Index

The index was introduced in 2014. In 2021, the calculation methodology has been revised in cooperation with Refinitiv whose ESG ratings are now being used to calculate the index.

BIST Sustainability 25 Index

Introduced in 2022, the index comprises 25 companies with the highest daily average trading volume and the free float market value among the companies that provide minimum sustainability rating (provided by Refinitiv).

BIST Participation Sustainability Index

The index, introduced in 2021, includes the companies compatible with Islamic finance and have high ESG scores.

BIST Sustainability Themed Debt Securities Indices

These indices were created to measure the daily returns of debt securities that qualify as "Sustainable Debt Security" or "Green Debt Security" by the regulator (CMB).

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).

• 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   

• Demutualized for profit; demutualized in 2012.

• Capital Markets Board of Trkiye

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 .

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.