Isbank
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.
DitchCarbon Score
How does Isbank'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
Isbank's score of 43 is higher than 67% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Isbank's reported carbon emissions
In 2023, Türkiye İş Bankası (Isbank) reported total carbon emissions of approximately 18,333,000 kg CO2e, with Scope 1 emissions accounting for about 18,333,000 kg CO2e and Scope 3 emissions at approximately 10,803,000 kg CO2e. Notably, there were no reported Scope 2 emissions for this year. Comparatively, in 2022, Isbank's total emissions were about 22,119,000 kg CO2e, with Scope 1 emissions at approximately 22,119,000 kg CO2e and Scope 3 emissions at around 10,846,000 kg CO2e. This indicates a significant reduction in total emissions from 2022 to 2023. Isbank has committed to near-term climate targets, although it has not set a net-zero target. The bank's climate initiatives are aligned with the SBTi (Science Based Targets initiative) framework, and it is classified as a financial institution within the banking sector. The emissions data and climate commitments are sourced directly from Türkiye İş Bankası A.S., with no cascaded data from a parent organization. Overall, Isbank is actively working towards reducing its carbon footprint, demonstrating a commitment to sustainability in the financial sector.
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| 2011 | 2012 | 2013 | 2018 | 2019 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|---|
| Scope 1 | 4,432,000 | 0,000,000 | 0,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 14,986,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 0,000,000 | - | - |
| Scope 3 | - | - | - | 00,000,000 | 0,000,000 | 0,000,000 | 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.
Isbank 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.
