Garanti Bbva
Garanti BBVA, officially known as Garanti Bankası A.Ş., is a leading financial institution headquartered in Istanbul, Turkey. Established in 1946, the bank has grown to become a prominent player in the Turkish banking sector, with a strong presence in retail, corporate, and investment banking. Garanti BBVA offers a diverse range of products and services, including personal banking, loans, credit cards, and digital banking solutions, distinguished by their innovative approach and customer-centric focus. The bank's commitment to digital transformation has positioned it as a pioneer in the industry, earning accolades for its advanced online and mobile banking platforms. With a robust market position, Garanti BBVA is recognised for its financial strength and stability, consistently ranking among the top banks in Turkey. Its strategic partnership with BBVA, a global financial group, further enhances its capabilities and reach in the competitive banking landscape.
DitchCarbon Score
How does Garanti Bbva'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 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
Garanti Bbva's score of 16 is higher than 66% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Garanti Bbva's reported carbon emissions
In 2022, Garanti BBVA reported total carbon emissions of approximately 238,138,600 kg CO2e. This figure includes 18,981,000 kg CO2e from Scope 1 emissions, while Scope 2 emissions were reported as zero, and Scope 3 emissions accounted for 411,000 kg CO2e. Over the years, the bank has seen fluctuations in its emissions, with a notable decrease from 75,637,000 kg CO2e in 2015 to the aforementioned figure in 2022. Garanti BBVA has committed to near-term reduction targets, although specific numerical targets have not been disclosed. The bank is currently in a transitory grace period for its Commitment Compliance Policy, with targets expected to be submitted by July 31, 2023. Despite these commitments, Garanti BBVA has not yet pledged to achieve net-zero emissions. The bank's emissions data reflects its operations as a financial institution based in Turkey, operating within the banking and diverse financial services sector. As it continues to navigate its climate commitments, Garanti BBVA's focus remains on improving its sustainability practices and reducing its carbon footprint.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
Add to project| 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | |
|---|---|---|---|---|---|---|---|---|
| Scope 1 | 11,763,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 63,874,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | - | - |
| Scope 3 | 3,571,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 000,000 | 00,000 | 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.
Garanti Bbva is committed to some 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.
