Public Profile

Halkbank Turkiye Halk Bankasi

Halkbank, officially known as Türkiye Halk Bankası A.Ş., is a prominent financial institution headquartered in Turkey. Established in 1933, the bank has played a pivotal role in the Turkish banking sector, focusing on retail, corporate, and investment banking services. With a strong presence across major operational regions in Turkey, Halkbank has built a reputation for supporting small and medium-sized enterprises (SMEs) and fostering economic growth. The bank offers a diverse range of products, including personal loans, business financing, and various investment services, distinguished by competitive interest rates and tailored solutions. Halkbank's commitment to customer satisfaction and financial inclusion has solidified its position as a leading player in the Turkish banking industry, marked by significant milestones in digital banking and sustainable finance initiatives.

DitchCarbon Score

How does Halkbank Turkiye Halk Bankasi'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.

48

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

Halkbank Turkiye Halk Bankasi's score of 48 is higher than 95% of the industry. This can give you a sense of how well the company is doing compared to its peers.

95%

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Halkbank Turkiye Halk Bankasi's reported carbon emissions

In 2023, Türkiye Halk Bankası (Halkbank) reported total carbon emissions of approximately 63,975,850 kg CO2e. This figure includes 16,690,200 kg CO2e from Scope 1 emissions, 32,683,340 kg CO2e from Scope 2 emissions, and 14,601,300 kg CO2e from Scope 3 emissions. Over the years, Halkbank has demonstrated a commitment to reducing its carbon footprint, with significant emissions reported in previous years, such as 68,604,190 kg CO2e in 2022 and 72,962,330 kg CO2e in 2021. Halkbank has set ambitious climate commitments, aiming for net-zero emissions across all scopes by 2050. The bank's near-term targets are aligned with the Science Based Targets initiative (SBTi), with a specific focus on reducing emissions from its investment and lending portfolio, which covers 13% of its total balance sheet assets as of 2021. The bank's targets are designed to be consistent with limiting global warming to 1.5°C. In summary, Türkiye Halk Bankası is actively working towards significant emissions reductions and has established a clear pathway to achieving net-zero emissions by 2050, reflecting its commitment to sustainability and climate responsibility.

Unlock detailed emissions data

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

201520162017201820192020202120222023
Scope 1
17,247,000
00,000,000
00,000,000
00,000,000
00,000,000
00,000,000
00,000,000
00,000,000
00,000,000
Scope 2
29,812,000
00,000,000
00,000,000
00,000,000
00,000,000
00,000,000
00,000,000
00,000,000
00,000,000
Scope 3
24,678,000
00,000,000
00,000,000
00,000,000
00,000,000
00,000,000
00,000,000
00,000,000
00,000,000

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Halkbank Turkiye Halk Bankasi'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 Halkbank Turkiye Halk Bankasi 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.

Halkbank Turkiye Halk Bankasi is participating in some 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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