4/29/2024

Investment Office President Speaks at Bloomberg Sustainable Business Summit

​Investment Office President A. Burak Dağlıoğlu spoke at the Bloomberg Sustainable Business Summit in London, participating in the session "In Focus: ESG in Emerging Markets."

Highlighting Türkiye's pivotal role as a regional hub, Dağlıoğlu said, "When you look at Türkiye, it serves as a hub for a wider region. When multinational corporations make investment decisions, they do not solely focus on the domestic market. It is important for them to access other markets. If you look into Türkiye's export composition, more than half is destined for Europe, the UK, and the US. Therefore, these markets represent sophisticated preferences for clients."

Comparing Türkiye to other emerging markets, Dağlıoğlu remarked, "Our share of renewables is definitely higher than many of them. Currently, we have an installed generation capacity of around 107 GW, with 55 percent coming from renewables. Our investment strategy has been focusing on renewables since 2006. By the year 2035, the share of renewables will be more than 65 percent. We are on the right track for renewables."

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