SU1 Rating for VakıfBank's Framework from JCR Eurasia Rating
VakıfBank's Sustainable Finance Framework drew attention with its success in complying with international standards and principles.
JCR Eurasia Rating announced that it has rated VakıfBank's Sustainable Finance Framework with the SU1 rating, the highest level of compliance.
Rating Process
The first Second Party Opinion study in the field of sustainable finance carried out by JCR Eurasia Rating was implemented for VakıfBank.
SU1 Level and Compliance
VakıfBank's Sustainable Finance Framework was rated with the SU1 level, proving that it is in very high-level compliance with sustainable finance principles and rules.
Contribution to Development Goals
It was stated that the activities planned to be financed have the potential to contribute at a very high level to the United Nations Sustainable Development Goals and Turkey's targets.
Executive Evaluation
VakıfBank General Manager Osman Arslan stated that this rating is a clear confirmation of the approach adopted in sustainable finance and the determination to comply with international standards.