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Garanti BBVA, a prominent player in the financial intermediation services sector, is headquartered in Turkey (TR) and operates extensively across the region. Founded in 1946, the bank has established itself as a leader in providing a diverse range of financial products and services, including retail banking, corporate banking, and investment services.
Garanti BBVA is renowned for its innovative digital banking solutions, which enhance customer experience and accessibility. The bank's commitment to sustainability and social responsibility further distinguishes it in the competitive landscape. With a strong market position, Garanti BBVA has received numerous accolades, reflecting its dedication to excellence and customer satisfaction in the financial services industry.
57
DitchCarbon score
+20 vs industry average
Garanti Bbva’s score of 57 is higher than 71% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Industry Intensity
Very Low
Financial Intermediation is among the least carbon-intensive industries
Industry performance
0.096
20182025
The Financial Intermediation industry has reduced its overall emissions by 33% since 2018
Emissions trajectory 2020 – 2028
202020212022202320242025202620272028
Reported emissions
Scope 1
•••kg CO₂e
Scope 2
•••kg CO₂e
Scope 3
•••kg CO₂e
Total reported
•••kg CO₂e
Scope 3 accounts for ••• of total emissions.
Garanti Bbva's reported carbon emissions
Garanti BBVA, a Turkish financial intermediation services provider, reported total emissions of approximately 53.9 billion kg CO2e in 2025. This includes Scope 1 emissions of 18,392 kg CO2e, Scope 2 emissions of 38,724 kg CO2e, and Scope 3 emissions of 7.3 billion kg CO2e, with 30.6 billion kg CO2e attributed to investments.
The bank's emissions data for 2025 are directly from Garanti BBVA itself.
Garanti BBVA previously set a near-term intensity target to reduce its total Scope 1 and 2 emissions per total assets by 50% between 2012 and 2020. Additionally, the organisation has Science Based Targets initiative (SBTi) commitments that are inherited from its direct parent company, Turkiye Garanti Bankasi A.S. These include an absolute reduction target for Scope 1 and 2 GHG emissions of 54.6% by 2033 from a 2022 base year. The SBTi targets also commit to reducing absolute Scope 3 GHG emissions by 32.5% within the same timeframe.
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Garanti Bbva’s Climate Goals (2030 & 2050)
2025
Near-zero scope 1 & 2
Target to achieve near-zero emissions for direct operations and purchased energy
On track94%
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
At risk48%
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
Behind target22%
Showing SBTi-validated targets only. Sign up or sign in to see all disclosed climate targets.
Scope 3 top emissions categories
1 of 15 categories disclosedSee all scope 3 categories
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Climate initiatives
Science Based Targets Initiative
2033 targetSee details
Active
Carbon Disclosure Project
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Active
The Climate Pledge
See details
Not active
UN Global Compact Climate Champions initiative
Inherited from Banco Bilbao Vizcaya Argentaria, S.A.See details
Active
RE 100
Inherited from Banco Bilbao Vizcaya Argentaria, S.A.See details
Not active
Climate Action 100
See details
Not active
Emissions comparison with industry peers
View similar organisationsCompanyCountryIndustryLast updatedScoreDetails
Garanti Bbva3 months ago
57
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Frequently asked questions
Common questions about Garanti Bbva’s sustainability data and climate commitments
For 2025, Garanti BBVA reported total carbon emissions of approximately 53.9 billion kg CO2e. The largest portion of these emissions comes from Scope 3 investments, estimated at around 30.6 billion kg CO2e. Scope 1 and 2 emissions combined were approximately 3.2 billion kg CO2e, with a market-based figure of about 7.9 billion kg CO2e for the same year. These figures highlight the significant impact of investment activities within the financial intermediation sector.
Data year: 2025
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