Category: Announcements

On December 4, 2024, EYDK hosted its final and 4th Member Meeting of the year online, with the active participation of our Advisory Board Members and Member Organizations.

EYDK continues its efforts to develop the impact investment ecosystem in Türkiye with the contributions of member institutions from public institutions, the private sector, and non-profit organizations, as well as the guidance of advisory board members.

During the meeting, we reviewed the highlights of 2024, shared key national and international developments, presented ecosystem reports, and collaborated with our members to shape strategies for the upcoming year.

We extend our heartfelt thanks to all our members for their active participation. We look forward to continuing our impactful efforts at full speed in 2025!

EYDK Chair Şafak Müderrisgil participated in the 2024 Sustainability Conference held on December 3, 2024, at Jeddah/Saudi Arabia. The event was organized in collaboration with The Islamic Economics Institute and the Saudi-Spanish Center for Islamic Economics and Finance (SCIEF).

The conference, themed “The Role of Islamic Finance in Sustainable Development: Food Security, Water Management & Energy” brought together many distinguished speakers in the field.

Müderrisgil spoke in the panel titled “Impact Measurement and Management: Türkiye as a Case,” where she discussed Impact Measurement and Management (IMM), impact investments, and EYDK. She also shared updates on the development of green and social sukuk in Türkiye.

As EYDK and the ETKİYAP Consortium, we are thrilled to announce the signing of the agreement for our “Empowering Disabled Women and Girls through Sports and Livelihood Opportunities” project, designed in alignment with UNESCO Fit for Life Programme and supported by the British Embassy Bilateral Programme! 🤝

Project Goals:

-Enhancing the physical and mental well-being of women and girls with disabilities through the power of sports,
-Increasing their employability,
-Collecting vital data to shape sustainable and impactful interventions for empowerment.

This project is designed in alignment with the Sustainable Development Goals (SDGs), particularly those targeting the reduction of inequalities, gender equality, and the building of resilient communities.

On December 3rd, International Day of Persons with Disabilities, we are proud and excited to launch this meaningful initiative.

Together, EYDK will continue to work toward a more inclusive future!

The importance of impact investing and strategies focused on social benefit continues to grow. EYDK Secretary General Tuğçe Söğüt shared insights in her interview with Platin magazine, discussing the development of impact investments in Türkiye and the initiatives undertaken by EYDK to support this progress.

Söğüt emphasized that “Impact investments combine financial returns with contributions to society and the environment” and highlighted the necessity of integrating impact goals into decision-making processes.

She also stressed the importance of creating an ecosystem where public institutions, the private sector, and civil society collaborate to foster sustainable growth.

The interview is featured in the December issue of Platin magazine!

We are thrilled to announce the “The Size of Impact” report, prepared by Impact Europe, in collaboration with EYDK and stakeholders, and published by the European Impact Investing Consortium. The report was unveiled on November 27th, during the opening of Impact Week (November 27–29), gathering leaders from the global impact ecosystem.

The European private impact investing market, covering direct and indirect investments in unlisted assets, is valued at €190 billion, representing 2.5% of the €7.6 trillion eligible assets under management (AUM) for impact investing in Europe.

Milestone Moment for Türkiye!

For the first time impact investing market in Türkiye has been measured at €97 million, marking a pivotal step for the growth of its ecosystem. We thank all contributors to this milestone. EYDK is proud to drive the progress of impact investing in Türkiye.

To access to full report

As EYDK, we aim to advance the impact investment ecosystem by working collaboratively with our national and international stakeholders. We closely monitor dynamic developments in the impact field and focus on making a difference both in Türkiye and globally through strategic partnership.

Contributing to the Ecosystem through Our Events and Partnerships.

With the events we host, we address the reflections of impact investments across various sectors, while our publications and visits contribute to the expansion of this field. In the events we participate in, we continue to share our knowledge and experience to enhance the ecosystem’s expertise and promote the growth of impact investments.

What’s Inside This Newsletter?

In this issue, you will find detailed information about our recent key activities, publications, and events that EYDK has contributed to. Don’t forget to follow our newsletter to explore our contributions to the impact ecosystem and stay updated on new developments!

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Wishing you enjoyable reading!

United Nations Development Programme (UNDP), Global Reporting Initiative (GRI), GSG Impact, IFRS Foundation, and International Organization for Standardization (ISO) have forged an important partnership to support the adoption of international standards that improve company’s sustainability disclosures around the world.

Sustainability Disclosure and Management Hubs (SDMHs) are set to execute their projects in collaboration with UNDP Financial Centres for Sustainability (FC4S), across 14 developing and emerging economies in Latin America and the Caribbean, Africa, and Asia during 2024 and 2025. These projects will focus on capacity building, national development priorities, stock exchange guidance, and development of regulations.

Expanding upon the existing partnership between UNDP and the IFRS Foundation’s International Sustainability Standards Board, initially established through a Partnership Framework launched at COP27 in 2022, this strengthened collaboration will see UNDP take the lead in establishing Sustainability Disclosure and Management Hubs (SDMHs). 

These collaborative platforms will help facilitate the adoption of sustainability disclosure and management standards, including IFRS S1 General Requirements for Disclosure of Sustainability-related Financial Information and IFRS S2 Climate-related Disclosures, the GRI Standards for impact reporting and management standards developed by ISO and UNDP.

“As long-standing partners of UNDP, and members of the IFRS Foundation’s ISSB Sustainability Consultative Committee and Partnership Framework for Capacity Building, we are delighted to support the establishment of SDMHs, through close collaboration at the global level and also through our GSG National Partners in emerging economies included in the 2024-2025 leg of the UNDP initiative. We expect this to build on and be closely coordinated with our ongoing efforts to ensure adequate levels of inclusivity from key stakeholders in emerging and development economies in global sustainability disclosure standard setting efforts – as part of our mission to advance wider impact transparency, which has seen us work hand in hand with UNDP FC4S and UNDP´s country offices from 2023” said Nick Hurd, Chair of GSG Impact and the Impact Taskforce.

As the National Partner of GSG Impact, we continue to closely follow GSG Impact’s projects in this area. We support pioneering initiatives such as the Türkiye Sustainability Reporting Standards (TSRS) and continue our efforts to integrate international sustainability regulations into Turkish legislation. At EYDK, we aim to advance this important mission by collaborating with leading stakeholders in the field of Impact Transparency.