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.
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.
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.
Isbank's score of 43 is higher than 92% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Türkiye İş Bankası (Isbank) reported total carbon emissions of approximately 18,333,000 kg CO2e, with Scope 1 emissions at about 18,333,000 kg CO2e and Scope 3 emissions at approximately 10,803,000 kg CO2e. The bank has shown a commitment to reducing its carbon footprint, although specific reduction targets have not been disclosed. In previous years, Isbank's emissions were notably higher, with 22,119,000 kg CO2e in 2022 and 22,528,000 kg CO2e in 2021, indicating a potential downward trend in emissions. The bank has not yet committed to a net-zero target but is classified as "Committed" under near-term targets, with plans to submit specific targets by July 31, 2023. Isbank's emissions data covers Scope 1 and Scope 3, reflecting its operational and supply chain impacts. The bank operates within the financial sector, which is increasingly focusing on sustainability and climate commitments. As part of its climate strategy, Isbank is expected to align with industry standards and frameworks to enhance its environmental performance.
Access structured emissions data, company-specific emission factors, and source documents
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 |
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.