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 48 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 2023, Türkiye Halk Bankası A.Ş. reported total carbon emissions of approximately 63,974,850 kg CO2e. This figure includes Scope 1 emissions of about 16,690,200 kg CO2e, Scope 2 emissions of approximately 32,683,340 kg CO2e, and Scope 3 emissions of around 14,601,300 kg CO2e. Comparatively, in 2022, the bank's total emissions were about 68,604,190 kg CO2e, with Scope 1 at approximately 17,023,470 kg CO2e, Scope 2 at around 30,060,190 kg CO2e, and Scope 3 at about 21,520,530 kg CO2e. This indicates a reduction in total emissions of about 4,629,340 kg CO2e from 2022 to 2023. Halkbank has committed to long-term net-zero targets, aiming for significant reductions across all scopes by 2050. The bank's portfolio targets cover 13% of its total investment and lending, with required activities constituting 16% of its total balance sheet assets as of 2021. The bank is aligned with the Science Based Targets initiative (SBTi) and has set near-term targets consistent with limiting global warming to 1.5°C, with a deadline for these targets set for 2028. Overall, Türkiye Halk Bankası A.Ş. is actively working towards reducing its carbon footprint and has established a framework for achieving its climate commitments through strategic investments and operational improvements.
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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.
