Impact Investing Advisory Board Newsletter 2024-3
Etki Yat?r?m? Dan??ma Kurulu "EYDK" - Impact Investing Advisory Board
EYDK Türkiye’de etki yat?r?m? modelinin ve iyi i?leyen bir etki yat?r?m? ekosisteminin olu?turulmas?n? sa?lamaktad?r.
You can find news from EYDK, visits made, events hosted and contributed to in this newsletter. Wishing you enjoyable reading!
NEWS FROM EYDK
EYDK Technical Committee Formed!
In September, A Technical Committee was established within EYDK.
In line with this decision, the EYDK Technical Committee was formed to monitor sectoral developments in the field of impact investing, enhance technical knowledge and expertise, and promote knowledge sharing among association members and stakeholders. The committee aims to track current regulations related to Impact Investing, support harmonized practices at both national and international levels, and provide technical recommendations in line with the association’s strategic goals.
Technical Committee Members:
“Sunshine of ?anl?urfa Project” Successfully Completed!
As EYDK, The “Sunshine of ?anl?urfa Project” launched in partnership with the Turkey Grameen Microfinance Program (TGMP) in January 2023, has been successfully completed. The project was funded by the European Union and carried out under the "ENHANCER" project, coordinated by the Ministry of Industry and Technology's General Directorate of Development Agencies, through the International Centre for Migration Policy Development (ICMPD) .
Through the project, building sustainable partnerships between local and national stakeholders in ?anl?urfa and strengthening entrepreneurship capacity were aimed. The goal was to enhance social cohesion by including Syrian women under Temporary Protection (SuTP) and local women in the entrepreneurship ecosystem.
EYDK’s 3rd Member Meeting of 2024
On 1 October, with the participation of EYDK member institutions, the third Member Meeting of 2024 took place. During the meeting, developments in the national and international impact investing ecosystem, as well as activities and visits carried out under EYDK, were discussed. Updates were also provided on the October Impact Investing Forum, the SDG Impact Standards Training, and the newly initiated ISSB Standards Training Programme.
HOSTED EVENTS
Impact Investing Forum: “Impact” as an Investment Choice
EYDK, aiming to make the impact investment model a widespread, sustainable, and inclusive investment option in Türkiye, continued its Impact Investment Forum event series, which focuses on the projection of 'Impact' across different sectors and investment areas in collaboration with its member institutions. The second edition of the forum, themed 'Impact as an Investment Choice,' was held on October 8, 2024, in partnership with Maxis .
The event featured leading figures from the finance world, investors, entrepreneurs, representatives from civil society, and experts, focusing on key topics such as the importance of impact-driven investments in the business world, the Türkiye Green Finance Project, the role of innovation and technology in current investments, developments in the global impact ecosystem, impact measurement and management, first impact funds of Türkiye, and new horizons for women investors and entrepreneurs.
SDG Impact Standards Training/October 2024
EYDK, SDG Impact Standards Training held in Istanbul from October 9-11, with the participation of EYDK member organisations, hosted by TSKB | Türkiye S?nai Kalk?nma Bankas? and supported by our training partners Etkiyap and Sachi Sustainability Consultancy .
Through this training, participants from various sectors in türkiye developed their skills in measuring and managing environmental and social impacts, raising awareness on integrating these standards into management processes and making business operations more sustainable. With the contribution of our trainers Ceyda ?zgün and Senem Tanju , this 2.5-day training, organised with TSKB’s hospitality, offered a significant opportunity for impact-driven transformation in the business world and further strengthened sustainability awareness.
PUBLICATIONS
The Catalogue of the Impact Investing Forum: A Closer Look at Placed-Based Impact Investing is Now Available!?
On June 7, 2024, an event was held at the Historic Ak?n Passage in ?zmir, bringing together stakeholders from the Aegean Region to discuss the Place-Based Impact Investment model.
To learn more about the current state of impact investing from investors' perspectives, best practices for Place-Based Impact Investments on a global and local scale, and sessions focusing on Impact Measurement and Management in Place-Based Impact Investments.
The catalogue for Impact Investing Forum: “Impact” as an Investment Choice is Now Available!
On October 8, 2024, in collaboration with Maxis Venture Capital Portfolio Management Inc., the second edition of 'Impact Investment Forum' event series was held at ?? Kuleleri.?
The forum attracted leaders from the financial world, investors, and entrepreneurs to discuss impact investments. Panels on green finance, tech transformations, and women’s entrepreneurship inspired attendees. Also the success stories from Türkiye’s first impact fund and its invested startups were told. Latest strategies and approaches through an in-depth examination of Impact Measurement and Management (IMM) was presented. Partnering with GSG Impact , global trends and assessing Türkiye’s role in the impact ecosystem were explored.??
领英推荐
VISITS
EYDK Chair of Executive Board, ?afak Müderrisgil, and Board Member, ?zgür Temel, visited TüS?AD?
EYDK Chair of Executive Board, ?afak Müderrisgil , and Board Member, ?ZGüR TEMEL visited the Turkish Industry & Business Association (TüS?AD) on July 25th. Müderrisgil and Temel convened with TüS?AD President Orhan Turan and Deputy Secretary General responsible for Industrial Transformation, Sectoral Policies, Nur?en Numano?lu .
During the meeting, sustainable development, impact investments, and the latest developments in the impact ecosystem were addressed.
CONTRIBUTED EVENTS
Collaboration with Impact Europe - "European Impact Investing Survey 2024"
As part of the European Impact Investment Consortium’s work, EYDK collaborated on a comprehensive, data-driven report published biennially by Impact Europe . The report aims to shed light on the current state and future of the impact ecosystem. Survey was distributed to 90 institutions within the EYDK members and stakeholders network which work on focusing impact investing.?
After reviewing the survey results, participants were contacted for further clarification to ensure accurate measurement of market size.?
Once reviewed by national partners, the "Accelerating Impact II Report" will be finalised and published.
Investment and Entrepreneurship Journalism Training organised in collaboration with the Investment Office of the Presidency of the Republic of Türkiye and Anadolu Agency
Tu??e S??üt,PMP , Secretary General of EYDK, presented Impact Investments at the Investment and Entrepreneurship Journalism Training organised in collaboration with the Investment Office of the Presidency of the Republic of Türkiye and Anadolu Ajans? . The training aimed to equip media professionals with specialised skills in investment and entrepreneurship journalism and to improve the quality of content produced on financial investments. During the training, EYDK’s Secretary General, Tu??e S??üt, emphasised the importance, potential, and pioneering role of Impact Investing in transforming the financial world for the future.
As EYDK, we believe that such events play a crucial role in raising awareness and reaching broader audiences about Impact Investments within the investment and entrepreneurship ecosystem.
6th Business Advisory Board Meeting of UNICEF Türkiye
?afak Müderrisgil , Chair of the Impact Investing Advisory Board, attended the 6th Business Advisory Board meeting of 联合国儿童基金会 Türkiye, where top business leaders and stakeholders gathered to explore innovative solutions for empowering children and young people. During the meeting, Müderrisgil emphasised the importance of raising awareness within the private sector regarding the implementation of the Sustainable Development Goals (SDGs) and the significance of involving young people in decision-making processes. She also highlighted innovative financing solutions that can deliver measurable outcomes for children and youth during a session he led.
?afak Müderrisgil's Anadolu Agency Interview
Chair of The Impact Investment Advisory Board Türkiye (EYDK), ?afak Müderrisgil , gave an interview to Anadolu Agency titled "Social benefit and profit meet in impact investments."
In the interview, Müderrisgil stated, global impact investments have reached a market size of $1.16 trillion by providing innovative solutions to social and environmental issues. She stated "Attracting impact investments to Türkiye is critical for several reasons. These investments bring not only financial capital but also expertise and innovative solutions.?
Müderrisgil also highlighted that the growth of impact investments in Türkiye is accelerating with social impact bonds and sustainability reporting standards. She mentioned projects like 'Istanbul Coding' that provides employment for young people, as well as green bonds and impact investment funds that contribute to environmental and social development. She emphasised that a strong ecosystem is being built through public-private partnerships to achieve sustainable development goals.
17th ?stanbul Apparel Conference of the Türkiye Clothing Manufacturers' Association
EYDK Chair ?afak Müderrisgil met with the ready-to-wear ecosystem at the TGSD 17th Apparel Conference at ??ra?an Palace. In a panel moderated by Sanem Dikmen , the future of ready-to-wear was approached from an impact perspective. Müderrisgil emphasised the importance of innovations and sustainable practices in the sector.
The significance of creating impact and sustainability will shape the future of this dynamic industry!
T?DE International 28th Türkiye Internal Audit Congress
At the International 28th Turkish Internal Audit Congress, organised by the Institute of Internal Auditing - Turkey (T?DE), Chair of EYDK ?afak Müderrisgil addressed the theme of "Impact and Assurance" in the session titled “Impact and Assurance in the ESG Journey: Aligning with Current Standards and Practices”. Leading his speech with the question, “How can an institution be resilient without internal auditing?”, Müderrisgil emphasised that monitoring and measuring impact are key to ensuring trust and a strong governance culture.
During the session, the importance of effective internal auditing in contributing to the sustainability and reliability of organisations was highlighted, along with discussions on the relationship between impact and assurance in audit processes.
EYDK Members
EYDK Advisory Board