Akbank Elevates MSCI Sustainability Rating to AA, Achieving Leadership Status

Foreks - Akbank's success was determined by human- and culture-focused projects, a management approach based on transparency, and its pioneering role in sustainable finance.
Akbank (IS:AKBNK) has raised its rating to AA in the MSCI ratings, which assess companies' resilience to long-term environmental, social, and governance (ESG) risks.
In a statement regarding the matter, Akbank's General Manager Kaan Gür said, “We are delighted to join global leaders by elevating our MSCI sustainability rating to AA. We believe this achievement reaffirms our leadership in sustainability at both local and global levels. In 2024, we will continue to make significant progress in various areas, including the transformative steps we are taking in sustainable financing aligned with our 2030 emissions reduction targets for priority sectors, social investments developed with a human-centric sustainability approach, and improvements implemented through our transparent governance understanding. We will continue to work towards a sustainable future while supporting our country’s transition to a low-carbon and inclusive economy.”
MSCI ESG ratings assess organizations' competency in managing environmental, social, and governance risks and opportunities. Using a rules-based methodology, it rates organizations globally based on their level of exposure to ESG risks and how they manage those risks compared to other institutions in their sector.