Halkbank Turkiye Halk Bankasi

Halkbank Turkiye Halk Bankasi, headquartered in Turkey and operating in the financial intermediation services sector, reported approximately 1.83 billion kg CO2e in total emissions for 2024. This total includes Scope 1 emissions of approximately 19.9 million kg CO2e, Scope 2 market-based emissions of approximately 20.6 million kg CO2e, and Scope 3 emissions of approximately 1.78 billion kg CO2e.

Looking back, the bank reported 68.1 million kg CO2e in total emissions for 2013, comprising about 15.5 million kg CO2e in Scope 1, 29.0 million kg CO2e in Scope 2, and 23.7 million kg CO2e in Scope 3. In 2014, total emissions were around 67.6 million kg CO2e, with Scope 1 at about 17.2 million kg CO2e, Scope 2 at approximately 29.8 million kg CO2e, and Scope 3 at about 20.6 million kg CO2e. For 2015, total emissions were approximately 71.1 million kg CO2e, with Scope 1 at about 29.0 million kg CO2e, Scope 2 at approximately 23.2 million kg CO2e, and Scope 3 at about 18.9 million kg CO2e. In 2020, total emissions stood at approximately 68.9 million kg CO2e, with Scope 1 at about 14.2 million kg CO2e, Scope 2 at around 30.5 million kg CO2e, and Scope 3 at about 24.2 million kg CO2e.

Halkbank has set Science Based Targets initiative (SBTi) approved net-zero targets. The bank's portfolio targets cover 13% of its total investment and lending by total balance sheet assets as of 2021, with required activities making up 16% and optional activities 35%. Their near-term targets for Scope 1 and 2 emissions are consistent with keeping warming to 1.5°C, with a target year of 2028. Halkbank is committed to net-zero by 2050. The emissions and climate commitments data are directly from Türkiye Halk Bankasi A.S.