CDP Global 500 Report is the world's most comprehensive report on private sector about climate change, by means of investigating the carbon reducing activities of the world's largest companies. This year two out of three companies which were invited from Turkey were included in this report.
It is the first time for Garanti Bank to be listed in the Global 500 companies while Akbank, being the first company from Turkey to be included in Global 500 Report in 2010, again took part in the list this year.

According to PricewaterhouseCoopers’ specific measurement methodology developed for CDP, Akbank and Garanti Bank received 72 C and 74 C, respectively. These results indicate that the successes of both of these companies are higher than the average. Moreover, the most positive outcome of this year’s report is the fact that most of the companies which responded to the research have implemented their climate change activities into their business strategies. 48% of the companies had implemented their climate change operations into their business strategies in 2010, whereas this number increased to 68% in 2011. Another interesting point in the report is the increase of the companies which reduced their greenhouse gas emissions through emission reduction actions. This number increased from 19% to 45% since last year. Having the title “Accelerating Low Carbon Growth”, this report consists of the analysis of the world’s largest 396 companies’ responses to CDP. It shows that the proportion of the responding companies increased from 65% in 2010 to 74% in 2011.

When the climate change performance is concerned, infrastructure sector is reported to be performing the best; however energy sector is the least committed to this issue. The 30 new companies which are committed for reducing their greenhouse gas emissions according to the “Carbon Action” that started in 2011 by CDP are also included to the Global 500 Report.

Publicity of the CDP Global 500 Report 2011 was conducted through a Global Forum with a sustainable and profitable growth theme. The Executive Secretary of the United Nations Framework Convention on Climate Change (UNFCCC) Christiana Figueres, the CEO of International Emissions Trading Association (IETA) Henry Derwent and FTSE Group CEO Mark Makepeace attended this forum where about 20 specialists from all around the world came together for discussing climate change issues.