Abstract:

The banks that are at the top of the key elements of the financial markets are not enough for the environment and the economy today to only perform their efficient and efficient transactions. Banks can interfere indirectly in environmentally friendly issues such as ecological balances, climate change, and the ability to stop carbon emissions. In this context, sustainable banking is important. The stock exchange in Istanbul (BIST) has calculated the BIST Sustainability Index (XUSRD) since November 4, 2014. The study includes nine banks who are entitled to participate in the BIST Sustainability Index. The Turkish banks are Albaraka. It is the last bank to enter the index on 01.11.2019. Therefore, the performance of the study was assessed in a period covering two years between 2020-2022. The analysis of the study identified five criteria of the financial ratio and the assessment of the method of Weighted Euclidean Distance Based Approach (WEDBA), a method of multi-critical decision making (MCCV), was used by the combined application of the entropic method.  In the study, the weights of the criteria used in the assessment of the examined banks were calculated by entropic method. According to the criteria evaluated at the end of the study, the performance ranking of the banks in the sustainable index was obtained for the period examined.

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