Public Profile

Akbank

Akbank T.A.Ş., commonly known as Akbank, is a leading financial institution headquartered in Istanbul, Turkey. Established in 1948, the bank has grown to become a prominent player in the Turkish banking sector, with a strong presence across major operational regions in Turkey and international markets. Specialising in retail, corporate, and investment banking, Akbank offers a diverse range of products and services, including loans, credit cards, and digital banking solutions. Its commitment to innovation and customer-centric services sets it apart in a competitive landscape. Recognised for its robust financial performance, Akbank has achieved significant milestones, including numerous awards for excellence in banking services. With a strong market position, it continues to play a vital role in Turkey's economic development and financial stability.

DitchCarbon Score

How does Akbank'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.

41

Industry Average

Mean score of companies in the 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.

26

Industry Benchmark

Akbank's score of 41 is higher than 93% of the industry. This can give you a sense of how well the company is doing compared to its peers.

93%

Akbank's reported carbon emissions

In 2023, Akbank reported carbon emissions of approximately 11,932,000 kg CO2e for Scope 1 and about 9,971,000 kg CO2e for Scope 3, with no emissions recorded for Scope 2. This marks a continuation of their emissions reporting, with previous years showing a trend of emissions reduction. For instance, in 2022, their total emissions were around 52,819,151 kg CO2e, with Scope 1 at 11,932,000 kg CO2e, Scope 2 at 15,415,000 kg CO2e, and Scope 3 at 11,195,000 kg CO2e. Over the years, Akbank has demonstrated a commitment to reducing its carbon footprint, although specific reduction targets or initiatives have not been disclosed. The bank's emissions data reflects a focus on transparency and accountability in its climate impact, aligning with industry standards for emissions reporting. As part of its climate commitments, Akbank continues to monitor and report its emissions across all three scopes, contributing to broader efforts in the financial sector to address climate change.

Unlock detailed emissions data

Access structured emissions data, company-specific emission factors, and source documents

20192020202120222023
Scope 1
11,102,000
00,000,000
00,000,000
00,000,000
00,000,000
Scope 2
53,505,000
00,000,000
00,000,000
00,000,000
-
Scope 3
-
-
00,000,000
00,000,000
0,000,000

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Akbank's primary industry is Financial intermediation services, except insurance and pension funding services (65), which is very low in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. Akbank is headquartered in TR, which has a rank of low, indicating low grid carbon 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.

Akbank is not committed to any reduction initiatives 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero

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