SPK Sustainability Principles Compliance Framework

The Sustainability Principles Compliance Framework published by the Capital Markets Board of Türkiye (CMB / SPK) encourages publicly traded companies to report their performance in Environmental, Social, and Corporate Governance (ESG) areas. Developed within the "Comply or Explain" principle, this framework requires companies to disclose their sustainability practices or declare the reasons for non-compliance.

SPK Compliance Framework Reporting not only ensures legal compliance for companies but also increases investor confidence and provides a competitive advantage to the brand by transparently presenting their environmental, social, and governance performance.

Çağla Sağlık

Sustainability Specialist

cagla.saglik@greenix.com.tr

Scope of the CMB (SPK) Sustainability Principles Compliance Framework

Reports prepared within the framework of the CMB (SPK) comprehensively address the strategies, policies, targets, and practices of companies. The following headings form the basis of the reporting process:

A. General Principles

1. Strategy, Policy, and Targets

The company's long-term sustainability strategies, policies, and targets are disclosed.
It emphasizes how the established policies are integrated into the company's business model and operations.

2. Implementation and Monitoring

The processes for implementing sustainability policies, monitoring them through performance indicators, and evaluating the results are detailed.

3. Reporting

The company's ESG performance is reported in an understandable and comparable manner within the framework of the established principles.

4. Verification

Implementation of independent verification processes is recommended to increase the reliability of the reports.

B. Environmental Principles

Carbon Footprint and Energy Management: The company's greenhouse gas emissions, energy consumption, and use of renewable energy are disclosed.
Water and Waste Management: Topics such as water consumption, wastewater recycling rates, and hazardous waste disposal are included in the report.
Biodiversity and Ecosystem Protection: The company's practices regarding the protection of natural resources and minimization of environmental impacts are detailed.

C. Social Principles

1. Human Rights and Employee Rights

Rights provided to employees, occupational health and safety policies, gender equality, and inclusion are emphasized.

2. Interaction with Stakeholders

The relationships the company establishes with local communities and other stakeholders, as well as the level of compliance with international standards and initiatives, are explained.

D. Corporate Governance Principles

Ethics and Transparency: The company's ethical principles, anti-corruption policies, and transparency practices are disclosed.
Management Structure and Compliance: The diversity of board members, independence criteria, and their roles in sustainability management are detailed.

Scope of the CMB (SPK) Sustainability Principles Compliance Framework

CMB (SPK) Compliant Reporting

While preparing the CMB (SPK) Sustainability Principles Compliance Framework Report, our expert team offers solutions tailored to your company's needs. Our stages are:

1. Kick-off Meeting

Your company's existing sustainability policies are evaluated.
A roadmap is created to develop and identify missing policies.
Support is provided for the establishment of a sustainability committee when necessary.

2. Data Collection

Your performance data in environmental, social, and governance areas are collected in detail.
Measurement and evaluation methods in accordance with international standards are used.

3. Gap Analysis

Your current practices are compared with CMB principles, and missing points are identified.
Improvement suggestions are presented to address the deficiencies.

4. Improvement Process

Your company's sustainability strategies and policies are revised and made compliant with CMB principles.
A detailed plan is prepared to ensure you reach your long-term targets.

5. Reporting and Verification

A transparent and comparable report is prepared in accordance with the "Comply or Explain" principle.
When necessary, independent verification processes are applied to increase the reliability of your report.

What Did They Say

TÜMOSAN

While structuring our TSRS (Turkey Sustainability Reporting Standards) compliance process in full integration with our production dynamics, we received end-to-end support from Greenix, including infrastructure setup, strategy, training, and reporting. This professional process, which transforms extensive data inventories into an auditable reporting discipline, continues to strengthen in its second year. Greenix has become not just a service provider, but a reliable strategic partner in our sustainability journey.

Sabah Bedding

The EcoVadis process we conducted with Greenix enabled our sustainability performance to transform into a systematic and measurable structure. While our current practices were analyzed clearly, our strengths and areas for improvement were addressed with concrete actions. Thanks to the guiding approach of the Greenix team, we completed the EcoVadis assessment process in a transparent, controlled, and efficient manner.

Platform Turizm

We have successfully structured our TSRS compliance process from end-to-end with Greenix’s professional methodology. This comprehensive support, ranging from strategy formulation, infrastructure setup, and training to emission calculations, enabled us to integrate our sustainability data into our operational decisions. Thanks to their confidence-inspiring expertise, we continue our collaboration into the second reporting year.

Eva Gayrimenkul Değerleme

The corporate carbon footprint study we conducted with Greenix was not just a reporting process; it provided a transformation into a digital infrastructure where we can actively manage our data. While our carbon software made our emissions regular, comparable, and traceable, the reports prepared provided a clear framework for our decision-making processes. Addressing our specific needs in the real estate sector correctly was one of the strongest aspects of the study.

Katmerciler

During our TSRS compliance process, Greenix established a reporting discipline fully aligned with our product diversity and project processes. This expert support, which brought our data into a transparent, consistent, and audit-ready structure, enabled us to manage our sustainability performance with strategic data. We are pleased to sustain this trust-based partnership into our second reporting period.

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