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Türkiye İş Bankası A.Ş., commonly known as İşbank or Isbank, is a leading financial institution headquartered in Turkey. As a cornerstone of the financial intermediation services sector, it operates with a significant international footprint, extending its reach across Europe, the Middle East, and Asia.
Established in 1924, İşbank holds the historic distinction of being the first national bank of the Turkish Republic, playing a pivotal role in the nation's economic development. It offers a comprehensive suite of banking solutions, including retail, corporate, and investment banking, alongside pioneering digital financial services.
As Turkey's largest private bank by asset size, İşbank delivers a broad spectrum of products, from personal banking to complex corporate financing. Its commitment to innovation and customer-centric approaches solidifies its position as a trusted and forward-thinking financial partner in the global banking landscape.
33
DitchCarbon score
-4 vs industry average
Isbank’s score of 33 is lower than 48% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Industry Intensity
Very Low
Financial Intermediation is among the least carbon-intensive industries
Industry performance
0.096
20182025
The Financial Intermediation industry has reduced its overall emissions by 33% since 2018
Emissions trajectory 2020 – 2026
2020202120222023202420252026
Reported emissions
Scope 1
•••kg CO₂e
Scope 2
•••kg CO₂e
Scope 3
•••kg CO₂e
Total reported
•••kg CO₂e
Scope 3 accounts for ••• of total emissions.
Isbank's reported carbon emissions
Isbank, a financial intermediation services provider headquartered in TR, reported approximately 18,333,000 kg CO2e in Scope 1 emissions and 10,803,000 kg CO2e in Scope 3 emissions for 2023. In 2022, the bank's Scope 1 emissions were approximately 22,119,000 kg CO2e, and Scope 3 emissions were about 10,846,000 kg CO2e. For 2021, Isbank disclosed Scope 1 emissions of approximately 22,528,000 kg CO2e, Scope 2 emissions of about 8,784,000 kg CO2e, and Scope 3 emissions of roughly 6,458,000 kg CO2e.
Isbank has committed to setting science-based targets through the Science Based Targets initiative (SBTi) as a Financial Institution, with its commitment dating back to October 2020. The company's SBTi commitment falls under the FINZ extension policy. Isbank's climate commitments are specific to Türkiye İş Bankası and are not cascaded from a parent organization.
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Isbank’s Climate Goals (2030 & 2050)
2025
Near-zero scope 1 & 2
Target to achieve near-zero emissions for direct operations and purchased energy
On track94%
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
At risk48%
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
Behind target22%
Showing SBTi-validated targets only. Sign up or sign in to see all disclosed climate targets.
Scope 3 top emissions categories
No scope 3 category breakdown has been disclosed yet.
Climate initiatives
Science Based Targets Initiative
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Active
Carbon Disclosure Project
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Active
The Climate Pledge
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Not active
UN Global Compact Climate Champions initiative
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Not active
RE 100
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Not active
Climate Action 100
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Not active
Emissions comparison with industry peers
View similar organisationsCompanyCountryIndustryLast updatedScoreDetails
Isbank2 months ago
33
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Frequently asked questions
Common questions about Isbank’s sustainability data and climate commitments
Isbank, a financial services provider, reported approximately 18,333,000 kg CO2e in Scope 1 emissions and about 10,803,000 kg CO2e in Scope 3 emissions for 2023. In 2022, the bank's Scope 1 emissions were roughly 22,119,000 kg CO2e, and Scope 3 emissions were close to 10,846,000 kg CO2e. For 2021, Isbank disclosed Scope 1 emissions of around 22,528,000 kg CO2e, Scope 2 emissions of about 8,784,000 kg CO2e, and Scope 3 emissions of roughly 6,458,000 kg CO2e. This data indicates a fluctuating but significant carbon footprint for the financial institution.
Data year: 2023
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