Isbank Sustainability Profile
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 46 is higher than 66% 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, comprising 18,333,000 kg CO2e from Scope 1 and 10,803,000 kg CO2e from Scope 3 emissions. Notably, there were no reported Scope 2 emissions. This represents a reduction from 2022, where total emissions were about 33,654,000 kg CO2e, with Scope 1 emissions at 22,119,000 kg CO2e and Scope 3 emissions at 10,846,000 kg CO2e. Isbank has committed to near-term climate targets, although it has not set a net-zero target. The bank's emissions data is sourced directly from Türkiye İş Bankası A.S. and reflects its ongoing efforts to manage and reduce its carbon footprint. The bank's emissions intensity metrics indicate a focus on improving efficiency, with emissions per employee reported at approximately 870 kg CO2e in 2023, down from 950 kg CO2e in 2022. Isbank's climate commitments align with industry standards, and it is actively engaged in initiatives to enhance sustainability within the financial sector. The bank's emissions reporting and reduction strategies are crucial for its operational transparency and environmental responsibility.
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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 |
How Carbon Intensive is Isbank's Industry?
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Isbank's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Isbank has established climate goals through participation in recognized frameworks and target-setting initiatives. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
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Frequently Asked Questions
Common questions about Isbank's sustainability data and climate commitments