As environmental sustainability becomes increasingly important in the conduct of economic activities, companies operating in different sectors are required to take environmental impacts and sustainability criteria into account in their business processes. In addition, regulations aimed at supporting access to finance for sustainable investments are further increasing the importance of sustainability in financial decision-making processes.
The Türkiye Green Taxonomy Regulation (the “Regulation”), published in the Official Gazette dated 24 September 2026 and numbered 33380, sets out the procedures and principles regarding the classification of economic activities in terms of environmental sustainability, technical screening criteria and taxonomy reporting. The Regulation has been introduced with the objectives of supporting economic activities aligned with sustainable development goals, encouraging the flow of finance towards sustainable investments and preventing “greenwashing” in the