Sabanci Holding
Sabancı Holding, a prominent Turkish conglomerate, is headquartered in Istanbul, Turkey (TR). Founded in 1925, the company has established a strong presence across various sectors, including financial services, industrials, retail, and energy. With a commitment to innovation and sustainability, Sabancı Holding has achieved significant milestones, positioning itself as a leader in the Turkish market. The company’s diverse portfolio includes well-known brands and services, such as banking through Akbank, cement production via Sabancı Cement, and retail operations under the popular Bim chain. Sabancı Holding is recognised for its strategic investments and partnerships, which enhance its competitive edge and market share. With a focus on quality and customer satisfaction, Sabancı Holding continues to drive growth and contribute to the Turkish economy.
DitchCarbon Score
How does Sabanci Holding's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Services Auxiliary to Financial Intermediation industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
Sabanci Holding's score of 50 is higher than 73% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Sabanci Holding's reported carbon emissions
In 2023, Sabancı Holding reported total greenhouse gas emissions of approximately 18,300,000,000 kg CO2e. This figure includes Scope 1 emissions of about 8,052,000,000 kg CO2e, Scope 2 emissions of around 915,000,000 kg CO2e, and Scope 3 emissions totalling approximately 9,333,000,000 kg CO2e. The previous year, 2022, saw total emissions of about 21,300,000,000 kg CO2e, with Scope 1 at approximately 9,585,000,000 kg CO2e, Scope 2 at about 852,000,000 kg CO2e, and Scope 3 at around 10,863,000,000 kg CO2e. Sabancı Holding has set ambitious climate commitments, aiming to reduce its Scope 1 and 2 greenhouse gas emissions by at least 15% by 2025, compared to a 2021 baseline. Additionally, the company has proposed a more significant reduction target of 42% for Scope 1 and 2 emissions by 2030, in line with the Science-Based Targets initiative (SBTi). Furthermore, Sabancı Group is committed to achieving net-zero emissions across all operations by 2050. These commitments reflect a proactive approach to climate action, with a focus on eliminating operational emissions and enhancing sustainability practices within the organisation.
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| 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|
| Scope 1 | 17,379,026,000 | 00,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
| Scope 2 | 825,188,000 | 0,000,000,000 | 000,000,000 | 0,000,000,000 | 000,000,000 | 000,000,000 |
| Scope 3 | 256,617,000 | 0,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 0,000,000,000 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Sabanci Holding is not participating in any of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
