Akademik Veri Yönetim Sistemi
Circular Economy and Sustainability, Prof. Dr. Betül Gür,Prof. Dr. Elçin Aykaç Alp,Doç. Dr. Sabri Öz, Editör, Hiper Yayın, İstanbul, ss.1-407, 2025
This study
evaluates the compliance levels of publicly traded companies on Borsa Istanbul
with sustainability reporting and ESG criteria. It focuses on the adoption
rates of sustainability reporting and the sustainability index by publicly
traded companies. The study aims to contribute to enhancing the competitiveness
of companies by encouraging the development of sustainability practices,
starting with publicly traded companies in Turkey. The study results indicate
that most of the issues publicly traded companies have yet to comply with, as
stated in the Capital Markets Board’s Sustainability Principles Compliance
Reports, are related to environmental principles. It has been observed that the
absence of an operational carbon emission trading system in Turkey is one of
the factors reducing compliance with these principles.
The findings from the Capital Markets Board’s
Sustainability Principles Compliance Reports also reveal that key performance
indicators (KPIs) for sustainability have not been sufficiently implemented by
publicly traded companies. This suggests that the Capital Markets Board, the
Public Oversight Authority, and other relevant institutions should work on
establishing a standardized KPI set. Additionally, the study results show that
independent organizations capable of assessing corporate sustainability performance
have not yet become widespread at the national level.
The fact that only 89 companies are included in the
BIST Sustainability Index—representing merely 15% of all companies listed on
Borsa Istanbul—indicates that corporate awareness and implementation levels
regarding sustainability are not yet at the desired level. Therefore, it is
essential to intensify and continue efforts in this area.