TSRS readiness assessment
We assess your existing sustainability data systems against TSRS requirements.
REPORTING / TSRS
TSRS reporting is mandatory. Are you ready?
We turn climate and sustainability risks into assurance-ready reporting, clearly connected to their financial effects.
Governance · Strategy · Risk · Metrics
Beyond compliance.
Financial effects made clear.
The Turkish Sustainability Reporting Standards (TSRS), issued by Türkiye’s Public Oversight Authority (KGK), are aligned with IFRS S1 and IFRS S2. Reporting obligations depend on the type of entity, the relevant reporting period, and the scope, thresholds and exemptions in force. Your company’s position should be assessed against the latest KGK requirements.
Finar supports you throughout the TSRS reporting process. Our work goes beyond producing the report: we help you assess risks and opportunities, establish appropriate governance, identify the metrics to measure and set relevant targets.
Scope and thresholds may change between reporting periods. This link takes you to KGK’s current requirements.
01 / WHAT WE DO
From the initial assessment
to publication.
Governance
We help establish board-level sustainability oversight and the policies and documentation that support it.
Risk and opportunity assessment
We identify sustainability- and climate-related risks and opportunities, and assess their effects on your business model, decision-making and value chain.
Quantifying financial effects
We model the effects of identified risks and opportunities on the financial statements and express them in concrete financial terms.
Scenario analysis
We assess climate resilience using international scenario frameworks, including NGFS and RCP.
Metrics and targets
We identify metrics for risks and opportunities and develop realistic, scalable targets.
Data collection
We identify missing data points and establish the processes needed to collect them.
Emissions reporting
We calculate Scope 1 and 2 emissions and, where appropriate, Scope 3 emissions, and report any internal carbon pricing.
End-to-end report production
We develop the complete TSRS report, from initial content to an assurance-ready publication.
TSRS 1 · TSRS 2
Four core components.
One coherent reporting structure.
Governance
Oversight, responsibilities and decision-making for sustainability and climate matters.
Strategy
The effects of risks and opportunities on the business model, value chain and financial performance.
Risk Management
Identification and assessment of risks, integrated into the organisation’s management processes.
Metrics and Targets
Indicators used to monitor performance, progress and climate-related targets.
02 / THE TSRS REPORTING PROCESS
With you
at every stage.
90–120days to delivery
We agree the timetable with you, taking data readiness and the reporting scope into account.
- 01
Weeks 1–3
Requirements and benchmarking
Identify TSRS requirements and conduct sector benchmarking.
- 02
Weeks 4–8
Risks, opportunities and scenarios
Assess risks and opportunities and define the scenarios.
- 03
Weeks 9–12
Data and content
Collect data and develop the report’s content.
- 04
Weeks 13–16
Assurance feedback and publication
Address assurance provider comments, develop the design and prepare for publication.
03 / FREQUENTLY ASKED QUESTIONS
Clear answers
to your questions.
Can the process really be completed in three to four months?
For a standard sustainability report, yes. The timetable depends significantly on data readiness on the client’s side. We begin with a short readiness review and plan the engagement accordingly.
When does your team become involved?
From the outset, and throughout the engagement. We hold weekly working sessions during risk and opportunity assessment, scenario analysis, metric definition and content development. Our involvement continues beyond handing over a file.
Do you provide a complete, end-to-end report?
Yes. Your responses to our questions provide the input we need to produce a TSRS Compliant report. We guide you throughout the engagement.
Do you support us during assurance?
Yes. We attend assurance meetings, work with you to answer the assurance provider’s questions and support each stage of the process.
Can I commission design services only?
Yes. However, our experience shows that dividing content and design between separate teams can affect consistency and quality. An integrated approach is much more effective.
04 / CASE STUDIES
Different sectors.
Practical TSRS reporting experience.
Our work connects climate risks, strategy and financial effects with industry-specific disclosures.
Ziraat Bankası
The first TSRS report for Türkiye’s largest bank
Klimasan
The first TSRS report for a leading Turkish commercial refrigeration manufacturer
Qua Granite
The first TSRS report for a leading Turkish technical granite exporter
BMS Çelik
The first TSRS report for Türkiye’s first steel mesh producer
Hareket
The first TSRS report for a leading Turkish heavy lift and project transport engineering company
Türk Prysmian Kablo
The first TSRS report for the Turkish operations of global cable leader Prysmian
YOUR NEXT TSRS REPORT
Let’s build your
TSRS reporting approach.
Let’s discuss your needs, reporting scope and timetable in an introductory conversation.