What happened
Türkiye’s Public Oversight, Accounting and Auditing Standards Authority (KGK) has adopted further temporary relief for entities reporting under the Turkish Sustainability Reporting Standards (TSRS). The decision is dated 19 October 2026 and applies to the 2026 reporting period.
Companies will not be required to publish their sustainability reports at the same time as their financial statements. They may therefore issue the sustainability report later.
The decision also allows companies to continue reporting only climate-related sustainability risks and opportunities, rather than the full range of environmental, social and governance-related risks and opportunities. A related exemption from presenting non-climate risks and opportunities on a comparative basis will remain available for the 2027 reporting period.
Why it matters
The measures reduce the immediate reporting workload for Turkish businesses within TSRS scope. Companies can sequence sustainability reporting separately from their financial-reporting timetable and focus their risk-and-opportunity work on climate matters during the exemption period.
The TSRS reporting thresholds apply to financial years beginning on or after 1 January 2025. They include total assets of TRY 1 billion, annual net sales revenue of TRY 2 billion and 500 employees.
What's next
Businesses preparing 2026 TSRS disclosures can use the extended publication and climate-focused reporting relief. The comparative exemption for non-climate risks and opportunities is set to continue through the 2027 reporting period.
