Semtrio
Partner Login
Contact

By subscribing you agree to receive marketing communications from Semtrio. You can unsubscribe at any time.

Be the first to know what’s changing.

Semtrio
Follow us on

Services

Compliance and RegulatoryClimate AccountingSustainability ReportingClimate and Sustainability StrategySupply Chain Sustainability
ESG RatingsSustainable FinanceCapacity Building and TrainingCarbon Markets and Climate Projects

Industries

ManufacturingEnergyAviationFinance and Banking
TelecomsRetail and ConsumerConstruction MaterialsGroup Companies and Holdings

Works

All Clients & ProjectsKey ProjectsAccreditations

Insights

Case StudiesBlogsGlossaryResources

About

Who We AreWhy SemtrioWork With Us

Contact

Contact Us

Our Partners

B Corp Certified
CDP
UN Global Compact
Ecovadis CoreEcovadis Platinum
GRI Community Member

Copyright © 2026 All Rights Reserved.

Legal
Policies
Peerless Ventures

Designed by

Fameus
Home
Insights
Case Studies
Çelebi — Second Party Opinion for an IFC-Linked Sustainability-Linked Loan

Insights

Çelebi — Second Party Opinion for an IFC-Linked Sustainability-Linked Loan

  • Çelebi
  • Second Party Opinion (SPO)
  • Sustainability-Linked Loan
  • IFC
  • Aviation
Client:
Çelebi
Industry:
Aviation
Service:
Second Party Opinion (SPO), Sustainable Finance

Second Party Opinion (SPO) · Aviation / Finance & Banking

Çelebi Hava Servisi A.Ş. — operating internationally as Çelebi Aviation — has provided ground handling, cargo, and aircraft services since 1958.

Project Summary

Çelebi Hava Servisi A.Ş. — operating internationally as Çelebi Aviation — has provided ground handling, cargo, and aircraft services since 1958, when it became Türkiye's first privately owned ground handling company. Publicly listed on Borsa İstanbul (CLEBI), the group today serves airlines and cargo operators across multiple countries, including Türkiye, India, Germany, Hungary, and Indonesia. Çelebi has built a sustainability programme around the electrification of ground support equipment — from electric de-icing vehicles and LEED-certified facilities at Istanbul Airport to a fleet of more than 100 electric vehicles in Hungary — and was recognised in the TIME World Sustainable Growth List 2026.

  1. 13-to-6-week delivery window matched to financing timelines
  2. 212 Second Party Opinions delivered to date
  3. 3$2.8 billion in sustainable financing facilitated
  4. 4Methodology recognized by both the IFC and the World Bank

Outcome Metrics

  • 3-to-6-week delivery window

    Structured to match real financing closing timelines

  • 12 Second Party Opinions delivered

    Facilitating $2.8 billion in sustainable financing to date

  • World Bank accredited vendor

    SPOs delivered to projects financed by both the IFC and the World Bank

WHATHOWWHY

Our Methodology

Semtrio delivered a Second Party Opinion (SPO) assessing Çelebi's sustainability-linked loan framework against the Sustainability-Linked Loan Principles (SLLP) for its IFC-linked financing.

Our Process

How we worked

Semtrio structured the engagement into four sequential stages, matched to the transaction's financing timeline.

Related case studies

Telecoms

Türk Telekom — From GHG Inventory to CDP Climate Disclosure

Türk Telekom carried a consolidated, group-wide Scope 1-2-3 GHG inventory directly into its 2026 cycle CDP Climate Change questionnaire.

Read More

Aviation

Turkish Technic — One GRI Report, EcoVadis-Ready

Turkish Technic completed its EcoVadis gap analysis and its EcoVadis-aligned GRI sustainability report from a single, shared data foundation.

Read More

Aviation

Turkish Airlines — CDP Climate & Water Disclosure

Turkish Airlines brought its combined CDP Climate Change and Water Security questionnaire into a single, structured disclosure architecture for the first time.

Read More

Talk to our team about your situation.

Whether you are navigating a similar challenge or scoping a new engagement — we are here to have a direct and useful conversation.