ERTA (Integrated Reporting Network Turkiye)
Under the leadership of Professor Mervyn E. King, the International Integrated Reporting Council (IIRC) has been established and the spreading integrated thinking and reporting format began to be closely followed in Türkiye as is the case with the rest of the world. Corporate Governance Association of Turkey (TKYD) and SKD Türkiye (Sustainable Development Society Turkey) created a working group in 2011 and studies were initiated to raise awareness on integrated reporting in Turkey. In 2013, a project was submitted to the Coordination Board for the Improvement of the Investment Environment (YOIKK) through the Turkish Industry and Business Association (TUSIAD) working committee by Professor Guler Aras. Upon its acceptance of this project, the first concrete step was taken about integrated reporting in Turkey. “New Era in Corporate Reporting: Integrated Reporting”, which is proposed by the project and prepared under the YOIKK 2014-2015 Action Plan, was published by TUSIAD in 2015 was the first guide to integrated reporting in Turkish. Further, in the framework of the proposed project, the decision of the Integrated Reporting Network Türkiye -ERTA’s establishment has been given.
Aiming to raise awareness and to become widespread of integrated thinking and reporting in Türkiye, Integrated Reporting Network Türkiye - ERTA’s founding members are Prof. Guler Aras (Independent Founding Member), Borsa İstanbul, TUSIAD, Global Compact Turkey, TKYD, SKD Turkey, IIRC Turkey Ambassador, Arguden Governance Academy and the first implementation companies Garanti BBVA and Çimsa. Integrated Reporting Network Türkiye met with the business world and its stakeholders at the bell-ringing ceremony held at Borsa Istanbul at the beginning of 2017.
For the purpose of integrated reporting development, Integrated Reporting Network Türkiye - ERTA works effectively in close cooperation and collaboration with the public institutions, regulatory authority, private sector and NGO’s since its establishment. As a result of these studies, integrated reporting has been ensured to be included in the 11th Development Plan and YOIKK 2020 Action Plan and followed up at the Presidency level. Integrated Reporting Network Türkiye – ERTA has become the International Integrated Reporting Council – IIRC’s official partner with the protocol signed in London on September 19, 2018. ERTA support and gives high level overview with strong collaboration to the studies regarding the revision of integrated reporting framework and future of corporate reporting.