In Turkey, assurance on reports within the scope of the TSRS is performed by firms authorised by the POA, with a structure that starts with limited assurance and moves towards reasonable assurance. The assurance work tests data collection processes, internal controls and calculation methods.
Related terms
Turkish Sustainability Reporting Standards (TSRS)The standards issued by the POA on the basis of the ISSB standards for companies' reporting of sustainability-related financial information.Limited assuranceA level of assurance based on narrower procedures than reasonable assurance and expressed in negative terms.Reasonable assuranceA high but not absolute level of assurance; the level of assurance the auditor provides on the financial statements in an independent audit.Carbon Border Adjustment Mechanism (CBAM)An EU regulation that puts a price on the embedded carbon emissions in the production of certain goods imported into the European Union.Carbon footprintThe total greenhouse gas emissions caused by an organisation, product or activity, expressed in carbon dioxide equivalent (tCO₂e).Climate-related risksThe potential effects on a company's financial position of physical risks arising from climate change and transition risks arising from the shift to a low-carbon economy.
Last updated: October 22, 2026 · This definition is for general information only.