Sustainability Approach

Odeabank carries out its activities with the awareness of its contribution to the sustainability of the financial sector. In this context, it contributes to the sustainable growth of our country by steering its activities under the guidance of the United Nations Sustainable Development Goals and good practices. The principles and control objectives of the support provided by Odeabank to sustainable development are defined in the Odeabank Sustainability Policy published in 2022. Odeabank is also in the process of developing a Sustainability Strategy which is planned to be published in early 2023.

The sustainability principles determined are:

Within the scope of combating climate change, risks and opportunities arising from climate change will be identified and integrated into business processes.
Social and environmental impacts of Odeabank activities will be taken into account.
Odeabank will align its lending activities with the objectives set by international agreements, principles and codes promoted by the United Nations, and international best practices.
Odeabank will take action to minimize greenhouse gas emissions from all its activities.
Odeabank will obtain the energy required for its own operations from renewable energy as much as possible and reduce its emissions.
Odeabank will support sustainable behavior, actions and the transition of its customers to sustainable business models.
Odeabank will meet the changing needs and expectations of its customers by making use of the latest technological developments.
Odeabank aims to make sustainability a part of its daily operational activities.
Odeabank will take the necessary measures against all acts of bribery and corruption and punish such acts.
Odeabank will support a decent working environment, taking into account the satisfaction of all employees.
Odeabank aims to provide equal opportunity and inclusiveness.
Odeabank will contribute to efforts to increase the contribution of financial markets to achieve sustainable development goals.
Odeabank will carry out its sustainability activities by observing the principles of transparency and accountability.
Odeabank will engage in training and competency development activities aimed at improving the society in which it operates.
Odeabank will focus on maintaining the trust and belief of its stakeholders, taking into account its own vision and mission and those of the group it belongs to.