Borusan
Borusan Holding, a prominent Turkish conglomerate, is headquartered in Istanbul, Turkey (TR), and operates extensively across various regions, including Europe and Asia. Founded in 1944, Borusan has established itself as a leader in multiple industries, primarily focusing on steel, logistics, energy, and automotive sectors. The company is renowned for its innovative steel production and distribution, alongside its commitment to sustainable energy solutions through Borusan EnBW Energy. With a strong market position, Borusan has achieved significant milestones, including strategic partnerships and expansions that enhance its competitive edge. By prioritising quality and sustainability, Borusan continues to deliver unique products and services that meet the evolving needs of its customers, solidifying its reputation as a key player in the Turkish and global markets.
DitchCarbon Score
How does Borusan'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 Electricity from Other Sources 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
Borusan's score of 35 is higher than 58% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Borusan's reported carbon emissions
In 2023, Borusan reported total carbon emissions of approximately 257,092,000 kg CO2e, which includes 11,384 kg CO2e from Scope 1, 126,594,000 kg CO2e from Scope 2, and 4,578 kg CO2e from Scope 3 emissions. This data reflects a comprehensive approach to emissions reporting, covering all relevant scopes. Borusan has set ambitious targets to reduce its greenhouse gas emissions. The company aims to achieve a 25% reduction in Scope 1 and Scope 2 emissions by 2030, with initiatives focused on developing investment-driven emission reduction projects. This commitment is part of their near-term strategy, which commenced in 2021. In previous years, Borusan's emissions have shown significant figures, with 2022 emissions recorded at approximately 194,275,800 kg CO2e for Scope 3, alongside 18,644,290 kg CO2e for Scope 1 and 46,833,350 kg CO2e for Scope 2. The 2021 data indicated a total of about 289,679,000 kg CO2e for Scope 1 and 2 combined, highlighting the scale of their operations and the importance of their climate commitments. Borusan's emissions data is not cascaded from any parent organisation, ensuring that their targets and reporting are independently established. The company is actively working towards its climate goals, demonstrating a commitment to sustainability and responsible environmental stewardship.
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| 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Scope 1 | 97,246,000 | 00,000,000 | 000,000,000 | 00,000,000 | 00,000 |
| Scope 2 | 74,226,000 | 00,000,000 | 000,000,000 | 00,000,000 | 0,000 |
| Scope 3 | 3,331,858,000 | 0,000,000 | - | 000,000,000 | 0,000 |
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.
Borusan 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.
