Diversity and Gender Equality

In the belief that a rich and diverse working environment where differences are celebrated will be a successful one, Yapı Kredi adopts an approach that takes a firm stand against all kinds of discrimination, including, but not limited to, discrimination on the basis of language, religion, gender, ethnicity, faith, and sexual orientation. The Assistant General Manager of Human Resources, Organization, and Internal Services is responsible for Yapı Kredi’s diversity initiatives.

Yapı Kredi is a signatory of the Women’s Empowerment Principles (WEPs) launched through a partnership between UN Women and UN Global Compact, intended to empower women in the workplace, marketplace, and community. Yapı Kredi reports its implementation in relation to the WEPs within the scope of its annual reports.

Yapı Kredi has undertaken a pioneering role in gender equality and women's employment and has taken part in numerous initiatives to date. The Bank has signed the Declaration on Equality at Work, established under the leadership of the Republic of Turkey’s Ministry of Family and Social Policies in collaboration with the World Economic Forum (WEF) to reduce gender inequality. Yapı Kredi completed the Gender Equity Certification Program, which was provided under the leadership of the Women Entrepreneurs Association of Turkey (KAGİDER) and received technical support from the World Bank that concentrated on the Equal Opportunities Model. Within the scope of this program, Yapı Kredi successfully completed an independent assessment covering a number of aspects such as the management’s approach to equal opportunities, egalitarian practices in recruitment, performance and promotion processes, training opportunities, feedback and complaint mechanisms, and gender-sensitive communication. Yapı Kredi was also the first organization to have been digitally assessed in this sense and to have successfully passed.

In order to create an inclusive working environment, Yapı Kredi prepared training and guidance programs for its employees on diversity and gender equality. In 2021, training and guidance programs were carried out in this field within the framework of five main themes: Equality in Knowledge, Equality in Society, Equality at Work, Equality in Language, and People Equal to People. The trainings prepared within this scope have been assigned to more than 16.000 employees.

Yapı Kredi outperformed the global and sectoral averages with its reporting under the Bloomberg Gender-Equality Index and qualified for the 2021 Bloomberg Gender-Equality Index. The Index evaluates companies across five pillars: female leadership and talent pipeline, equal pay and gender pay parity, inclusive culture, sexual harassment policies, and a pro-women brand.

Yapı Kredi is an active member of the TUSIAD Gender Equality Working Group and collaborates with various public agencies, NGOs, and international agencies. As a signatory of United Nations Global Compact (UNGC), Yapı Kredi is a part of the Turkish network of the UNGC, the world's largest corporate sustainability initiative, and closely observes the activities of the Inclusion and Diversity and Gender Equality Working Groups operating under Global Compact Turkey.

Yapı Kredi ensures a remuneration structure that is independent from certain qualities of employees such as religion, language, race, gender, age. In this context, gender-based average salary information is presented in the tables below.

Ratios of basic salary and remuneration of women to men for specific employment categories (level or function):

Employee Level Average Women Salary / Average Men Salary (%)
Management level (base salary only) 73%
Management level (base salary + other cash incentives) 65%
Executive level (base salary only) 93%
Executive level (base salary + other cash incentives) 92%
Non-management level 84%

* The information in the above table presents the data as of 2021 year end.

The global median raw gender pay gap and the global mean raw gender pay gap:

Indicator Difference between men and women employees (%)
Median gender pay gap 23%
Mean gender pay gap 27%

* The information in the above table presents the data as of 2021 year end.


You can find more information about Sustainability at Yapı Kredi here.

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