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Public Profile
Financial Intermediation
TR
updated 5 months ago

Asya Katilim Bankasi AS

Company website

Asya Katılım Bankası A.Ş., commonly known as Asya Bank, is a prominent financial institution headquartered in Turkey. Established in 1996, the bank has made significant strides in the participation banking sector, focusing on ethical finance solutions that align with Islamic principles. With a strong presence in major operational regions across Turkey, Asya Bank offers a diverse range of products and services, including financing, savings accounts, and investment solutions tailored to meet the needs of both individual and corporate clients. Renowned for its commitment to customer satisfaction and innovative banking practices, Asya Bank has positioned itself as a key player in the Turkish banking industry. The bank's unique offerings, such as profit-sharing accounts and Sharia-compliant financing options, distinguish it from conventional banks, making it a preferred choice for those seeking ethical banking solutions.

DitchCarbon Score

How does Asya Katilim Bankasi AS'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.

23

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.

27

Industry Benchmark

Asya Katilim Bankasi AS's score of 23 is lower than 69% of the industry. This can give you a sense of how well the company is doing compared to its peers.

31%

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Asya Katilim Bankasi AS's reported carbon emissions

Asya Katilim Bankasi AS, headquartered in Turkey (TR), currently does not report any carbon emissions data, as indicated by the absence of specific figures in kg CO2e. Furthermore, there are no documented reduction targets or climate pledges associated with the bank. This lack of data suggests that the bank may not have established formal commitments to reduce its carbon footprint or engage in climate initiatives at this time. In the context of the banking industry, many institutions are increasingly adopting climate commitments and setting science-based targets to mitigate their environmental impact. However, Asya Katilim Bankasi AS has not yet aligned with these industry standards or disclosed any related initiatives. As the global focus on sustainability intensifies, it will be essential for Asya Katilim Bankasi AS to consider developing and communicating its climate strategy to remain competitive and responsible within the financial sector.

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Asya Katilim Bankasi AS'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. This request for Asya Katilim Bankasi AS is in TR, which has a low grid carbon intensity relative to other regions.

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.

Asya Katilim Bankasi AS 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.

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

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