Being the largest operator in Turkey and investing in many different fields Turkcellreceives 30 million euros from China.
According to the official statement made today,meet 100 percent of its electricity consumption from its own renewable energy sources by 2030 And to be net zero by 2050 targeting Turkcellcontinues to provide international financing for its activities in the field of sustainability. In line with these goals, Turkcell is one of the most established banks in China to finance renewable energy investments. Signed a 30 million Euro green loan agreement with Bank of China. The loan provided with the said agreement will be used to finance additional energy investments to be made for the establishment of production facilities based on renewable energy sources, within the scope of the internationally accepted Green Credit Principles. The maturity of the loan is non-refundable in the first year. 5 years will be. Turkcell Chief Financial Officer Kamil Kalyon said the following about the agreement: “As Turkey’s leading technology company, we act with a human-oriented and environmentally sensitive corporate approach in all our business processes; We aim to leave a positive mark on the environment, society and our business by focusing on environmental, social and managerial issues in all of our activities. We are aware of the risks that climate change brings to our business, our industry and our world, and we develop solutions and actions in this area. In this context, we first determined our risks and opportunities related to climate change, taking into account the recommendations of the Climate-Related Financial Disclosures Task Force/Task Force on Climate-Related Financial Disclosures (TCFD).
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With this study, we can take a broader perspective on Turkcell’s climate-related actions, and shed light on areas of improvement to become more resilient to climate change. We are the company that invests the most in renewable energy in the telecommunication sector and we continue to increase our investments in this field. Within the scope of our goal of meeting 100 percent of the electricity need with our own renewable energy sources by 2030, we took the last step with a new 30 million Euro ‘green loan’ agreement with the Bank of China. With similar loans that will provide financing for our renewable energy investments, we reduce our carbon footprint, while fulfilling our responsibility towards the environment, while reducing our financing costs. As Turkcell, we will continue to use ‘green credit’ with new investments we will make within the scope of our efforts to create resources for our sustainable activities.”
Bank of China, Türkiye Deputy General Manager Dalei Ding made a statement about the agreement., “As a bank, we are pleased to provide Turkcell with green financing. We believe that this loan, which we have allocated in line with our green financing and sustainability goals, will also support Turkey’s transition to a greener economy. We see that the banking sector in the world and in Turkey is making a serious effort to protect people from the effects of climate change and to invest in a green economy for the future. We plan to continue to play a role in green finance and sustainability-themed finances in Turkey in the coming period.” said.