Public Profile

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.

41

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.

26

Industry Benchmark

Isbank's score of 41 is higher than 93% of the industry. This can give you a sense of how well the company is doing compared to its peers.

93%

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, Scope 2 emissions were reported as zero. This marks a significant commitment to reducing their carbon footprint, particularly in the context of their ongoing climate initiatives. Isbank has demonstrated a commitment to climate action by participating in the Science Based Targets initiative (SBTi), with a near-term target status classified as "Committed." However, the bank has not yet set a net-zero target. The bank's emissions data from previous years shows a trend of fluctuating emissions, with a peak in 2018 at approximately 99,635,000 kg CO2e, which included significant contributions from both Scope 1 and Scope 2 emissions. The bank's emissions reduction efforts are part of a broader strategy to align with global climate goals, reflecting its role as a financial institution in Turkey. As Isbank continues to refine its climate commitments, it remains focused on enhancing transparency and accountability in its environmental impact reporting.

Unlock detailed emissions data

Access structured emissions data, company-specific emission factors, and source documents

201120122013201820192020202120222023
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
00,000,000
Scope 2
14,986,000
00,000,000
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
0,000,000
00,000,000
00,000,000

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Isbank's primary industry is Financial intermediation services, except insurance and pension funding services (65), which is very low in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. Isbank is headquartered in TR, which has a rank of low, indicating low grid carbon 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 committed to some reduction initiatives 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero

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