Yapı ve Kredi Bankası A.Ş. is one of the leading banks in Turkey, operating in the banking sector. The bank was founded in 1944 and has since grown to become one of the most prominent financial institutions in the country. The bank offers a wide range of financial services, including retail banking, corporate banking, investment banking, and asset management.

Yapı ve Kredi Bankası A.Ş. is committed to sustainability and decarbonisation, and has set ambitious targets to reduce its carbon footprint. The bank recognises the importance of addressing climate change and is taking steps to reduce its environmental impact. One of the key ways in which the bank is working towards decarbonisation is through its corporate energy strategy.

The bank has implemented a comprehensive corporate energy strategy that includes a range of initiatives to reduce energy consumption and increase the use of renewable energy. The bank has set targets to reduce its energy consumption by 15% by 2025, and to increase the share of renewable energy in its energy mix to 30% by 2030.

One of the key initiatives under the bank's corporate energy strategy is the implementation of corporate power purchase agreements (PPAs). PPAs are long-term contracts between a renewable energy generator and a corporate buyer, in which the buyer agrees to purchase a certain amount of renewable energy at a fixed price over a specified period of time. By entering into PPAs, the bank is able to secure a reliable and cost-effective source of renewable energy, while also supporting the growth of the renewable energy sector.

Yapı ve Kredi Bankası A.Ş. has already signed several corporate PPAs with renewable energy generators in Turkey. These agreements have enabled the bank to increase its use of renewable energy, while also reducing its carbon footprint. The bank is also exploring the possibility of entering into international PPAs, which would enable it to source renewable energy from other countries.

In addition to PPAs, the bank is also investing in renewable energy projects. The bank has provided financing for several renewable energy projects in Turkey, including wind and solar power projects. By supporting the development of renewable energy projects, the bank is helping to increase the supply of renewable energy in the country, while also supporting the transition to a low-carbon economy.

Yapı ve Kredi Bankası A.Ş. is also committed to reducing its own energy consumption through a range of initiatives. The bank has implemented energy efficiency measures in its buildings and branches, such as the installation of energy-efficient lighting and HVAC systems. The bank is also encouraging its employees to adopt energy-efficient practices, such as turning off lights and computers when not in use.

The bank is also working to reduce its carbon footprint through its supply chain. The bank has implemented a sustainable procurement policy, which requires its suppliers to meet certain environmental and social criteria. By working with suppliers that are committed to sustainability, the bank is able to reduce its environmental impact and support the growth of sustainable business practices.

Yapı ve Kredi Bankası A.Ş. is committed to sustainability and decarbonisation, and is taking a proactive approach to reducing its environmental impact. Through its corporate energy strategy, the bank is increasing its use of renewable energy and reducing its energy consumption, while also supporting the growth of the renewable energy sector. The bank's commitment to sustainability is not only good for the environment, but also for its customers, employees, and shareholders.