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 65% 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 29,133,000 kg CO2e. This figure includes 18,333,000 kg CO2e from Scope 1 emissions and 10,803,000 kg CO2e from Scope 3 emissions, while Scope 2 emissions were reported as zero. Compared to 2022, where total emissions were about 33,659,000 kg CO2e (22,119,000 kg CO2e from Scope 1 and 10,846,000 kg CO2e from Scope 3), Isbank achieved a reduction of approximately 4,526,000 kg CO2e. Isbank has committed to near-term climate targets, although specific reduction targets have not been disclosed. The bank is not currently committed to a net-zero target. Their climate initiatives are aligned with the SBTi (Science Based Targets initiative) framework, and they have been classified as "Committed" regarding near-term targets. The emissions data is sourced directly from Türkiye İş Bankası A.S. and is not cascaded from any parent organization. The bank operates within the financial sector in Turkey and is actively working towards improving its sustainability practices.
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| 2011 | 2012 | 2013 | 2015 | 2016 | 2017 | 2018 | 2019 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | 4,432,000 | 0,000,000 | 0,000,000 | 0,000,000 | 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 | 00,000,000 | 00,000,000 | 00,000,000 | 0,000,000 | - | - |
| Scope 3 | - | - | - | - | 0,000,000 | 0,000,000 | 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.
