Adoption of Global Standards: Turkey engages with international ESG standards, such as the United Nations Sustainable Development Goals (SDGs) and the Paris Agreement, to align its national policies with global…
Investors: Institutional investors are increasingly incorporating ESG criteria into their investment decisions, influencing companies to prioritize sustainable practices. Their demand for transparency and accountability in ESG performance drives organizations to…
Corporate Sustainability Reporting Regulation (2022): In 2022, Turkey implemented a new regulation requiring publicly traded companies to disclose their ESG performance and sustainability strategies. This aligns with the European Union's…
Data Privacy Regulations: Turkey’s Personal Data Protection Law (KVKK) aligns with international data privacy standards, emphasizing the need for companies to protect personal data. Compliance with this law is increasingly…
Challenges: Limited Resources: Many SMEs face financial and human resource constraints that hinder their ability to implement comprehensive ESG strategies. They may lack the capital needed for investments in sustainable…
