Sustainability Reporting in Turkey: BIST Sustainability Index

Abstract

Sustainability reporting is a corporate practice that includes environmental, social and governance aspects. It ensures that businesses are prepared for future risks, challenges, and opportunities. Additionally, sustainability reports can provide more information about company's performance. World practice shows that most companies follow the Global Reporting Initiative (GRI) when preparing their reports.Sustainability reporting in Turkey is done on a voluntary basis. Along with GRI, businesses use the BIST Sustainability Index to track company growth. The study focuses on examining the Turkish sustainability reporting reviews in the GRI and BIST Sustainability Index perspectives. Additionally, the research outlines benefits which sustainability reporting provides to enterprises.