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Last update: 2024-02-08 00:00:00

Active

This profile is actively maintained

Last update: 2024-02-08 00:00:00

About

Website	http://www.akbank.com/en-us/Pages/default.aspx
Headquarters	Sabanci Center 4.Levent 34330 Istanbul Turkey
CEO/chair	Kaan Gür CEO
Supervisor	Central Bank of the Republic of Turkey
Ownership	listed on Istanbul Stock Exchange Sabanci Holding has a 40.75% share in Akbank. Akbank's complete shareholder structure can be accessed here.

Akbank was founded in 1948, originally to provide financing for cotton producers and is one of the largest banks in Turkey. Akbank's core activities consist of consumer banking, commercial banking, SME banking, corporate banking, private banking, foreign currency exchange, money markets and securities trading and international banking services. In addition, the bank also carries out insurance agency operations. Akbank's home market is Turkey. The bank also has subsidiaries in Germany (Akbank AG) and Dubai (Akbank Dubai Limited) as well as a branch in Malta.

Sustainability

Commitments

Policies

Voluntary standards

Akbank's most important sustainability commitments can be found at the website sections listed below.

Links

Sustainability

Policies

Environmental policy

2023-01-24 00:00:00 | Akbank

Environmental and social framework

2022-09-30 00:00:00 | Akbank

Human rights policy

Date listed represents date as accessed on website

2022-03-10 00:00:00 | Akbank

Non-financing activities list

2021-03-23 00:00:00 | Akbank

Sustainable finance framework

2021-02-28 00:00:00 | Akbank

Environmental and social credit policies

2020-01-29 00:00:00 | Akbank

Environmental and social risk assessment system

2020-01-29 00:00:00 | Akbank

Anti-corruption and anti-bribery policy

2019-04-15 00:00:00 | Akbank

Ethical principles

2019-01-11 00:00:00 | Akbank

Akbank has committed itself to the following voluntary standards:

Carbon Disclosure ProjectTags: carbon | climate change | greenhouse gas emissions

Global Reporting InitiativeTags: sustainable development | human rights

Principles for Responsible Banking (PRB)Tags: climate change | corporate social responsibility | finance | sustainable development | United Nations | Voluntary Standards

United Nations Global CompactTags: United Nations | human rights

Dodgy Deals

Akbank is linked to a number of companies and projects that BankTrack considers controversial (so called Dodgy Deals), e.g. as a current or past financier or through an expression of interest. The profiles below provide more details on the nature of Akbank's link to these deals.

Projects / Companies

Finance type

Year

News

BankTrack

Partners

Blog

External

BankTrack news BankTrack blog Partner news Partner blog

We’re watching the banks: Turkey's first activist shareholders

Climate activists mobilized by 350 Turkey have become "activist shareholders" in banks for the first time in Turkey

2023-05-10 | 350.org Turkey

BankTrack news BankTrack blog Partner news Partner blog

New report on climate commitments of Turkish banks

350.org assesses policies of 17 Turkish banks

2022-11-14 | 350.org Turkey

BankTrack news BankTrack blog Partner news Partner blog

Turkish dam policy discussed in EU

Turkish initiatives report at European Parliament and Commission

2010-11-18 | Brussels | ECA watch

BankTrack news BankTrack blog Partner news Partner blog

Ilisu Dam Turkey: Handing over of keys for new houses: a cynical act against international standards

2010-11-04 | Zurich, Berlin, Vienna | CounterCurrent, Berne declaration, ECA Watch Austria

BankTrack news BankTrack blog Partner news Partner blog

Protest camp against the Ilisu Dam in Hasankeyf, Turkey

2010-10-15 | Hasankeyf, Turkey | ECA Watch Austria

BankTrack news BankTrack blog Partner news Partner blog

Alternativ-Nobelpreisträger gegen Staudamm

2010-09-28 | Germany | Kurier

BankTrack news BankTrack blog Partner news Partner blog

Call for Hasankeyf Solidarity Camp between 11-17 October 2010

2010-09-22 | Hasankeyf, Turkey | Ercan Ayboga

BankTrack news BankTrack blog Partner news Partner blog

One year after Europe’s withdrawal from the Ilisu project: new hope for Hasankeyf despite restart of construction

2010-07-13 | Turkey | ECA Watch Austria

BankTrack news BankTrack blog Partner news Partner blog

New Scandals in Ilisu Project

Expropriations in Ilisu village without adequate compensation

2010-06-01 | Wien, Berlin

BankTrack news BankTrack blog Partner news Partner blog

Construction of Ilisu dam restarted – Austrian Andritz the only European company to remain in the project

2010-05-18 | Turkey | ECA Watch

BankTrack news BankTrack blog Partner news Partner blog

Akbank announces stronger environmental protection in reaction to Ilisu dam controversy

2010-04-23 | Turkey | Countercurrent

BankTrack news BankTrack blog Partner news Partner blog

Europe-wide protests against Turkish banks

Campaigners demand withdrawal of loan commitments for Ilisu dam project

2010-03-15 | Europe | BankTrack

BankTrack news BankTrack blog Partner news Partner blog

Europaweite Proteste gegen Ilisu-Dammprojekt

2010-03-15 | Berlin | EPO-Entwicklungspolitik Online

BankTrack news BankTrack blog Partner news Partner blog

London MEP joins protest against controversial Ilisu Dam

2010-03-15 | London

BankTrack news BankTrack blog Partner news Partner blog

Turkije zal omstreden Ilisu-stuwdam toch bouwen

2010-02-12 | Istanbul | De Standaard

BankTrack news BankTrack blog Partner news Partner blog

Announcement for restart of Ilisu project without final decision

2010-02-12 | Vienna | ECA Watch Austria

BankTrack news BankTrack blog Partner news Partner blog

EU Parliament demands stop of work in Ilisu dam project – investigation by EU Commission?

2010-02-03 | Vienna, Austria

Resources

Documents

Links

NZBA 2024 Progress Report

2024-10-01 00:00:00 | NZBA

Annual report 2023

2024-04-16 00:00:00 | Akbank

Annual report 2022

2023-06-12 00:00:00 | Akbank

Environmental policy

2023-01-24 00:00:00 | Akbank

Environmental and social framework

2022-09-30 00:00:00 | Akbank

Annual report 2021

2022-06-07 00:00:00 | Akbank

Human rights policy

Date listed represents date as accessed on website

2022-03-10 00:00:00 | Akbank

Annual integrated report 2020

2021-05-04 00:00:00 | Akbank

Non-financing activities list

2021-03-23 00:00:00 | Akbank

Sustainable finance framework

2021-02-28 00:00:00 | Akbank

CSR report 2019

2020-07-07 00:00:00 | Akbank

Annual report 2019

2020-06-09 00:00:00 | Akbank

Environmental and social credit policies

2020-01-29 00:00:00 | Akbank

Environmental and social risk assessment system

2020-01-29 00:00:00 | Akbank

Annual report 2018

2019-06-24 00:00:00 | Akbank

CSR report 2018

2019-06-24 00:00:00 | Akbank

Anti-corruption and anti-bribery policy

2019-04-15 00:00:00 | Akbank

Ethical principles

2019-01-11 00:00:00 | Akbank

Sustainability report 2016

2017-03-31 00:00:00 | Akbank

Annual report 2016

2017-03-31 00:00:00 | Akbank

Sustainability Report 2014

2015-06-29 00:00:00 | Akbank

Sustainability Report 2013

2015-06-29 00:00:00 | Akbank

Annual Report 2013

2015-06-29 00:00:00 | Akbank

Annual Report 2014

2015-06-29 00:00:00 | Akbank

Sustainability Report 2012

2013-05-02 00:00:00 | Akbank

Annual Report 2012

2013-04-26 00:00:00 | Akbank

Sustainability Report 2011

2012-05-01 00:00:00 | Akbank

Annual report 2011

2012-05-01 00:00:00 | Akbank

Letter from Kurdish Human Rights Project to Akbank on Ilisu dam

2010-03-15 00:00:00 | Kurdish Human Rights Project

Corporate Social Responsibility

The Corporate Social Responsibility pages of Akbank

Accountability

Grievances

Akbank does not operate a complaints channel for individuals or communities who might have been affected by the bank's finance.

This page evaluates Akbank's responses to instances of alleged human rights violations linked to its finance, raised by civil society organisations. It is not intended to be exhaustive, but covers selected impacts raised by BankTrack and other civil society partners since 2016. For the full scoring methodology, see here. For more information about BankTrack's evaluation of bank responses to human rights impacts, see the 2021 report "Actions speak louder: assessing bank responses to human rights violations".

Impacts reviewed

Responded?

Total score

Response

Action

Monitoring

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