Research Article

DECISION-SUPPORT FRAMEWORK FOR MULTIDIMENSIONAL ESG PERFORMANCE EVALUATION IN THE BANKING SECTOR

Volume: 27 Number: 1 September 21, 2026
TR EN

DECISION-SUPPORT FRAMEWORK FOR MULTIDIMENSIONAL ESG PERFORMANCE EVALUATION IN THE BANKING SECTOR

Abstract

For financial institutions, sustainable development has become a priority concern for both the investors and the sector. This manuscript suggests a holistic decision-making approach for the sustainability evaluation of deposit banks by integrating the CRISUS, MSD, and AROMAN algorithms. Building on earlier research, this research uses a multi-criteria assessment framework encompassing three main dimensions (environmental, social, and governance) and 15 indicators within the scope of sustainability. Using this introduced model, the research conducts a holistic assessment of the ESG performance of eight Turkish commercial banks. The results reveal that environmental criteria – particularly total greenhouse gas emissions, renewable energy usage rate, and green loan rate – have the strongest impact on ESG performance, and Garanti BBVA demonstrates the highest performance among the analyzed banks. In conclusion, the hybrid approach introduced in this manuscript provides a robust and reliable decision support tool for implementers and decision makers for analyzing and improving the sustainable development strategies in banking.

Keywords

References

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Details

Primary Language

English

Subjects

Finance

Journal Section

Research Article

Publication Date

September 21, 2026

Submission Date

May 20, 2026

Acceptance Date

July 21, 2026

Published in Issue

Year 2026 Volume: 27 Number: 1

APA
Kayran, O., & Kıyılar, M. (2026). DECISION-SUPPORT FRAMEWORK FOR MULTIDIMENSIONAL ESG PERFORMANCE EVALUATION IN THE BANKING SECTOR. Doğuş Üniversitesi Dergisi, 27(1), 1508-1527. https://doi.org/10.31671/doujournal.1955047
AMA
1.Kayran O, Kıyılar M. DECISION-SUPPORT FRAMEWORK FOR MULTIDIMENSIONAL ESG PERFORMANCE EVALUATION IN THE BANKING SECTOR. Doğuş Üniversitesi Dergisi. 2026;27(1):1508-1527. doi:10.31671/doujournal.1955047
Chicago
Kayran, Onur, and Murat Kıyılar. 2026. “DECISION-SUPPORT FRAMEWORK FOR MULTIDIMENSIONAL ESG PERFORMANCE EVALUATION IN THE BANKING SECTOR”. Doğuş Üniversitesi Dergisi 27 (1): 1508-27. https://doi.org/10.31671/doujournal.1955047.
EndNote
Kayran O, Kıyılar M (September 1, 2026) DECISION-SUPPORT FRAMEWORK FOR MULTIDIMENSIONAL ESG PERFORMANCE EVALUATION IN THE BANKING SECTOR. Doğuş Üniversitesi Dergisi 27 1 1508–1527.
IEEE
[1]O. Kayran and M. Kıyılar, “DECISION-SUPPORT FRAMEWORK FOR MULTIDIMENSIONAL ESG PERFORMANCE EVALUATION IN THE BANKING SECTOR”, Doğuş Üniversitesi Dergisi, vol. 27, no. 1, pp. 1508–1527, Sept. 2026, doi: 10.31671/doujournal.1955047.
ISNAD
Kayran, Onur - Kıyılar, Murat. “DECISION-SUPPORT FRAMEWORK FOR MULTIDIMENSIONAL ESG PERFORMANCE EVALUATION IN THE BANKING SECTOR”. Doğuş Üniversitesi Dergisi 27/1 (September 1, 2026): 1508-1527. https://doi.org/10.31671/doujournal.1955047.
JAMA
1.Kayran O, Kıyılar M. DECISION-SUPPORT FRAMEWORK FOR MULTIDIMENSIONAL ESG PERFORMANCE EVALUATION IN THE BANKING SECTOR. Doğuş Üniversitesi Dergisi. 2026;27:1508–1527.
MLA
Kayran, Onur, and Murat Kıyılar. “DECISION-SUPPORT FRAMEWORK FOR MULTIDIMENSIONAL ESG PERFORMANCE EVALUATION IN THE BANKING SECTOR”. Doğuş Üniversitesi Dergisi, vol. 27, no. 1, Sept. 2026, pp. 1508-27, doi:10.31671/doujournal.1955047.
Vancouver
1.Onur Kayran, Murat Kıyılar. DECISION-SUPPORT FRAMEWORK FOR MULTIDIMENSIONAL ESG PERFORMANCE EVALUATION IN THE BANKING SECTOR. Doğuş Üniversitesi Dergisi. 2026 Sep. 1;27(1):1508-27. doi:10.31671/doujournal.1955047