BIST Increasing ISKUR.E 9150 36.57 % BANVT.E 16.52 19.97 % KPHOL.E 0.8 17.65 % ETILR.E 10 11.11 % BFREN.E 228.2 10.62 % Decreasing MZHLD.E 3.05 -15.04 % DOCO.E 224 -9.82 % ARTI.E 0.8 -8.05 % GOZDE.E 3.66 -5.91 % UZERB.E 1.04 -5.45 % VIOP Most Change O_GARANE1217C14.50 % -100,00 O_GARANE1217C14.50 % -100,00 O_GARANE1217C14.50 % -100,00 O_GARANE1217C14.50 % -100,00 O_GARANE1217C14.50 % -100,00 Highest Open Position F_USDTRY0817 490.122 F_XU0300817 352.063 F_KRDMD1217 228.016 F_USDTRY1217 81.116 F_THYAO0817 64.275

BIST SUSTAINABILITY INDEX


BIST Sustainability Index aims to provide a benchmark for Borsa İstanbul companies with high performance on corporate sustainability and to increase the awareness, knowledge and practice on sustainability in Turkey. Moreover the index is a platform for institutional investors to demonstrate their commitment to companies managing environmental, social and governance (ESG) issues with high performance.

Borsa İstanbul has signed a cooperation agreement with Ethical Investment Research Services Limited (EIRIS) to create BIST Sustainability Index. In accordance with this agreement, EIRIS assesses Borsa İstanbul listed companies based on the international sustainability criteria. The assessment is based upon only publicly available information and assessment costs of companies are covered by Borsa İstanbul.

EIRIS is an independent London-based research organization, specialized on environmental, social and governance issues for more than 30 years and serving asset owners, asset managers and index providers globally. Johannesburg and Mexico Stock Exchanges are the other exchanges that EIRIS provides sustainability research service.

The detailed Research Methodology document, which covers the indicators under each of the different ESG criteria, that the assessments is  based upon, has been revised by EIRIS to make it more understandable and simple for companies and the coverage of the methodology has been enhanced by the inclusion of the Banking Criteria as of December 2015. BIST SUSTAINABILITY INDEX RESEARCH METHODOLOGY document is available in the attached file.

BIST Sustainability Index has been launched on the 4th of November, 2014 with the code XUSRD. The initial value of the index is 98.020,09 based upon the second session closing value of BIST 30 index on the 3rd of November 2014. The relative weight of each constituent is capped at 15%.


There is one index period for BIST Sustainability Index as November-October. EIRIS assessed  BIST 30 constituent companies in 2014 and BIST 50 constituent companies in 2015. Starting from 2016, volunteer companies from BIST 100 are added to  the list of companies to be assessed “The assessment list” is revised annually and announced by Borsa İstanbul in December. Click to access “The list of companies subject to assessment” for 2017.

To be included in the index, companies should perform over the threshold for each criteria group. To incite the companies for better sustainability performance, it is thought to raise the thresholds gradually in the future.

BIST SUSTAINABILITY INDEX CONSTITUENTS FOR THE PERIOD BETWEEN (NOVEMBER 2016 - OCTOBER 2017):

1

ADEL

ADEL KALEMCİLİK

23

PETKM

PETKİM

2

AKBNK

AKBANK

24

SAHOL

SABANCI HOLDİNG

3

AKSEN

AKSA ENERJİ

25

SISE

ŞİŞE CAM

4

AEFES

ANADOLU EFES

26

HALKB

T. HALK BANKASI

5

ARCLK

ARÇELİK

27

TSKB

T.S.K.B.

6

ASELS

ASELSAN

28

TATGD

TAT GIDA

7

BRISA

BRİSA

29

TAVHL

TAV HAVALİMANLARI

8

CCOLA

COCA COLA İÇECEK

30

TKFEN

TEKFEN HOLDİNG

9

DOHOL

DOĞAN HOLDİNG

31

TOASO

TOFAŞ OTO. FAB.

10

DOAS

DOĞUŞ OTOMOTİV

32

TUPRS TÜPRAŞ

11

EREGL

EREĞLİ DEMİR CELİK

33

THYAO

TÜRK HAVA YOLLARI

12

FROTO

FORD OTOSAN

34

TTKOM

TÜRK TELEKOM

13

GARAN

GARANTİ BANKASI

35

TTRAK

TÜRK TRAKTÖR

14

GLYHO

GLOBAL YAT. HOLDİNG

36

TCELL TURKCELL

15

ISCTR

İŞ BANKASI

37

ULKER

ÜLKER BİSKÜVİ

16

ISGYO

İŞ GMYO

38

VAKBN

VAKIFLAR BANKASI

17

KCHOL

KOÇ HOLDİNG

39

VESTL VESTEL

18

KORDS

KORDSA GLOBAL

40

VESBE

VESTEL BEYAZ EŞYA

19

MGROS

MİGROS TİCARET

41

YKBNK

YAPI VE KREDİ BANK.

20

NETAS

NETAŞ TELEKOM.

42

ZOREN

ZORLU ENERJİ

21

OTKAR

OTOKAR

 

22

PGSUS

PEGASUS

 

 

 



Please click
for BIST Sustainability Index Ground Rules.

Please click
 for BIST Sustainability Index constituents and weights for related index period.


Expected Contribution From Index

The index provides competitive advantage to Turkish companies managing their corporate risks and opportunities effectively. An investible index on which new instruments can be developed is in place to attract capital for companies. The Index reflects companies’ approach to important sustainability issues including global warming, draining of natural resources, health, security and employment, while allowing an independent assessment of their operations and decisions regarding these issues and, in a sense, their registration.

The Index offers companies the opportunity to compare their sustainability performance on both local and global level. With the Index, Borsa İstanbul provides companies an instrument for evaluating their performance and consequently adopting new targets or furthering their performance while allowing them to develop their risk management abilities for corporate transparency, accountability and sustainability. This, in turn, allows companies to gain a competitive edge. Inclusion in the Index adds to their visibility and prestige.

The Index facilitates for companies the access to global clients, capital, and lower-cost finance. The project aims to create an instrument which allows investors to select and invest in companies that adopt principles of sustainability and corporate governance. Today, responsible investment is preferred mainly by institutional investors. BIST Sustainability Index encourages founding such funds, while facilitating for Index-constituent companies to get a larger share from such funds. At the same time, the Index offers a new financial asset category for all investors.