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AkbankTurkey

Active

This profile is actively maintained
Last update: 2023-03-06 00:00:00
Akbank headquarters in Istanbul. Photo: X6 via Wikimedia Commons (CC BY 3.0)

Active

This profile is actively maintained
Last update: 2023-03-06 00:00:00
About
Website http://www.akbank.com/en-us/Pages/default.aspx
Headquarters
Sabanci Center 4.Levent
34330 Istanbul
Turkey
CEO/chair Hakan Binbasgil
CEO
Supervisor
Central Bank of the Republic of Turkey
Ownership
listed on Istanbul Stock Exchange

 Sabanci Holding has a 40.8% 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

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

Environmental and social framework

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

Human rights policy

Date listed represents date as accessed on website
Bank policy
2022-03-10 00:00:00 | Akbank

Non-financing activities list

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

Sustainable finance framework

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

Environmental and social credit policies

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

Environmental and social risk assessment system

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

Anti-corruption and anti-bribery policy

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

Ethical principles

Bank policy
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
Blog
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
Blog
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
Blog
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
Blog
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
Blog
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
Blog
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
Blog
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
Blog
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
Blog
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
Blog
BankTrack news BankTrack blog Partner news Partner blog

Akbank announces stronger environmental protection in reaction to Ilisu dam controversy

2010-04-23 | Turkey | Countercurrent
Blog
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
Blog
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

Environmental policy

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

Environmental and social framework

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

Annual report 2021

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

Human rights policy

Date listed represents date as accessed on website
Bank policy
2022-03-10 00:00:00 | Akbank

Annual integrated report 2020

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

Non-financing activities list

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

Sustainable finance framework

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

CSR report 2019

Annual report
2020-07-07 00:00:00 | Akbank

Annual report 2019

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

Environmental and social credit policies

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

Environmental and social risk assessment system

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

Annual report 2018

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

CSR report 2018

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

Anti-corruption and anti-bribery policy

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

Ethical principles

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

Sustainability report 2016

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

Annual report 2016

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

Sustainability Report 2014

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

Sustainability Report 2013

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

Annual Report 2013

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

Annual Report 2014

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

Sustainability Report 2012

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

Annual Report 2012

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

Sustainability Report 2011

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

Annual report 2011

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

Letter from Kurdish Human Rights Project to Akbank on Ilisu dam

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