As CDP Turkey and Sabancı University Corporate Governance Forum, we are happy to announce that the document which we have co-authored has been taken into account by the Capital Markets Board and the Sustainability Principles Compliance Framework and some amendments on Corporate Governance Communiqué have come into effect as of today.

According to this change, in the annual activity reports, companies should disclose -among other things- whether the sustainability principles are applied. If not, they should disclose a reasoned explanation and the impacts on environmental and social risk management due to not fully complying with these principles.