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OrganisationsIsbank
Isbank logo

Isbank

Financial IntermediationTürkiyeOTC: TYABY
Last verified 9 months agoisbank.com.tr

İş Bankası, officially known as Türkiye İş Bankası A.Ş., is a leading financial institution headquartered in Istanbul, Turkey. Established in 1924, İş Bankası has played a pivotal role in the Turkish banking sector, offering a wide range of services including retail banking, corporate banking, and investment services.

With a strong presence across Turkey and significant operations in international markets, İş Bankası is renowned for its innovative financial products and customer-centric approach. The bank's core offerings include personal loans, credit cards, and various investment solutions, distinguished by their competitive rates and tailored services.

As one of the largest banks in Turkey, İş Bankası has achieved numerous accolades, solidifying its market position and commitment to excellence in the banking industry.

33
DitchCarbon score

-4 vs industry average

Isbank’s score of 33 is higher than 53% of the industry. This can give you a sense of how well the company is doing compared to its peers.

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Industry Intensity

Very Low

Financial Intermediation is among the least carbon-intensive industries

Industry performance

0.096
20182025

The Financial Intermediation industry has reduced its overall emissions by 33% since 2018

Emissions trajectory 2020 – 2026

00.0M00.0M00.0M00.0M0

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2020202120222023202420252026

Reported emissions

Scope 1
•••kg CO₂e
Scope 2
•••kg CO₂e
Scope 3
•••kg CO₂e
Total reported
•••kg CO₂e

Scope 3 accounts for ••• of total emissions.

Isbank's reported carbon emissions

In 2023, Türkiye İş Bankası (Isbank) reported total carbon emissions of approximately 29,133,000 kg CO2e. This figure comprises 18,333,000 kg CO2e from Scope 1 emissions and 10,803,000 kg CO2e from Scope 3 emissions, while Scope 2 emissions were not applicable, reflecting a commitment to transparency in their environmental impact reporting.

Isbank has demonstrated a commitment to reducing its carbon footprint, with a near-term target status classified as "Committed" under the Science Based Targets initiative (SBTi). However, the bank has not yet set a net-zero target. The bank's emissions data is sourced directly from Türkiye İş Bankası A.S., ensuring accuracy and reliability in their reporting.

Over the past few years, Isbank has made notable progress in managing its emissions. For instance, in 2022, the bank's total emissions were approximately 33,659,000 kg CO2e, indicating a reduction in emissions from the previous year. This trend reflects Isbank's ongoing efforts to enhance sustainability practices within the financial sector.

Isbank's climate commitments align with industry standards, focusing on reducing operational emissions and improving overall environmental performance. The bank continues to engage in initiatives aimed at further reducing its carbon emissions and enhancing its sustainability profile.

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Isbank’s Climate Goals (2030 & 2050)

2025

Near-zero scope 1 & 2

Target to achieve near-zero emissions for direct operations and purchased energy

On track94%

2030

62% reduction in total GHG

Vs 2019 baseline. Validated by SBTi. Includes full supply chain.

At risk48%

2040

50% reduction in Scope 3 intensity

Across purchased goods and services and logistics.

Behind target22%

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Showing SBTi-validated targets only. Sign up or sign in to see all disclosed climate targets.

Scope 3 top emissions categories

No scope 3 category breakdown has been disclosed yet.

Climate initiatives

SCIENCE BASED TARGETS

Science Based Targets Initiative

See details
Active
CDP

Carbon Disclosure Project

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Active
THE CLIMATE PLEDGE

The Climate Pledge

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Not active
United Nations Global Compact

UN Global Compact Climate Champions initiative

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Not active
RE 100

RE 100

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Not active
Climate Action 100+

Climate Action 100

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Not active

Emissions comparison with industry peers

View similar organisations
CompanyCountryIndustryLast updatedScoreDetails
Isbank logoIsbank
TRFinancial Intermediation
9 months ago
33
Sekerbank logoSekerbank
TRFinancial Intermediation
7 days ago
52
View
DenizBank Bahrain Branch logoDenizBank Bahrain Branch
BHFinancial Intermediation
7 days ago
47
View
ICBC Turkey Bank A.S. logoICBC Turkey Bank A.S.
TRFinancial Intermediation
16 days ago
33
View
Türkiye Cumhuriyeti Ziraat Bankasi A.S. logoTürkiye Cumhuriyeti Ziraat Bankasi A.S.
TRFinancial Intermediation
2 days ago
31
View
Y
Yapi ve Kredi Bankasi A.S, Asset Management Arm
TR-
6 days ago
31
View
Alternatifbank A.S. logoAlternatifbank A.S.
TRFinancial Intermediation
16 days ago
30
View

Frequently asked questions

Common questions about Isbank’s sustainability data and climate commitments

In 2023, Türkiye İş Bankası (Isbank) reported total carbon emissions of approximately 29.1 million kg CO₂e. This includes around 18.3 million kg CO₂e from Scope 1 emissions and about 10.8 million kg CO₂e from Scope 3 emissions. The bank's commitment to transparency is evident in its detailed emissions reporting, which reflects ongoing efforts to manage its environmental impact effectively.

Data year: 2023

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