Sustainability reporting in financial institutions: Evaluation of gray related analysis and performance of Global Reporting Initiative in banking sector

Thanks to the global developments and increasing technology, the concept of sustainability has increased in the banking sector among financial institutions. The sustainability of banks' assets in terms of sustainability has revealed a number of responsibilities. The social, environmental and economic sustainability performances of the banks within these responsibilities have made them extremely important. As a result of the activities in the banking sector, GR4 (Global Reporting Initiative) data were included in the sustainability reporting of the banks. In this context, in Turkey 14 banks that were created before to assess the sustainability performance Grı4 (Global Reporting Initiative) data we set for 14 banks with Gray Relational Analysis Method afterwards using content analysis method 31 one Grı4 (Global Reporting Initiative) variable in accordance with social, environmental and economic sustainability performances were evaluated. Keywords: Sustainability, Bankıng Sector, Performance, Gray Relational Analysis