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.
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
Halkbank Turkiye Halk Bankasi's score of 51 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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Halkbank Turkiye Halk Bankasi's reported carbon emissions
In 2024, Türkiye Halk Bankası (Halkbank) reported significant carbon emissions, totalling approximately 8,000,000 kg CO2e across all scopes. Specifically, the emissions breakdown includes about 2,262,867,000 kg CO2e for Scope 1, approximately 3,839,274,000 kg CO2e for Scope 2, and around 1,870,006,000 kg CO2e for Scope 3. This data reflects a comprehensive approach to emissions reporting, covering all relevant scopes. Halkbank has committed to long-term climate targets, aiming for net-zero emissions by 2050, as part of its Science Based Targets initiative (SBTi) commitments. The bank's portfolio targets encompass 13% of its total investment and lending, with required activities constituting 16% of its total balance sheet assets as of 2021. This commitment aligns with the necessary reductions to limit global warming to 1.5°C. The bank's near-term targets are set for 2028, with a focus on reducing emissions from its operations (Scopes 1 and 2) and its investment portfolio. These initiatives demonstrate Halkbank's proactive stance in addressing climate change and its dedication to sustainable financial practices.
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| 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|
| Scope 1 | 14,206,580 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 30,542,400 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | 24,156,370 | 00,000,000 | 00,000,000 | 00,000,000 |
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.
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.
