Double Materiality Assessment
İşbank closely monitors evolving sustainability expectations in the financial sector and considers adapting to changing economic, environmental and social conditions among its strategic priorities. The Bank reviewed its material sustainability topics and updated its double materiality assessment to better evaluate stakeholder expectations, strengthen its approach to corporate governance and take a holistic view of its impacts on people, the environment and the economy.
As part of its double materiality assessment, İşbank evaluates the actual and potential impacts of its activities, products and services, and business relationships on the economy, the environment and asociety. It also analyses the potential effects of sustainability-related risks and opportunities on the Bank's financial performance, operations and capacity to create long-term value. Through this approach, İşbank considers both its impacts on the external world and the effects of external developments on the Bank in an integrated manner.